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Sino Grandness Food Industry Group (SGX:T4B) Cyclically Adjusted PS Ratio : (As of May. 13, 2024)


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What is Sino Grandness Food Industry Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Grandness Food Industry Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sino Grandness Food Industry Group's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sino Grandness Food Industry Group Cyclically Adjusted PS Ratio Chart

Sino Grandness Food Industry Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Sino Grandness Food Industry Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Dec20 Dec21
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Competitive Comparison of Sino Grandness Food Industry Group's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Sino Grandness Food Industry Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sino Grandness Food Industry Group's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sino Grandness Food Industry Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sino Grandness Food Industry Group's Cyclically Adjusted PS Ratio falls into.



Sino Grandness Food Industry Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Sino Grandness Food Industry Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, Sino Grandness Food Industry Group's adjusted Revenue per Share data for the three months ended in Dec. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0/111.5000*111.5000
=0.000

Current CPI (Dec. 2020) = 111.5000.

Sino Grandness Food Industry Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201006 0.063 85.886 0.082
201009 0.070 87.267 0.089
201012 0.071 89.289 0.089
201103 0.059 91.154 0.072
201106 0.093 91.612 0.113
201109 0.108 92.711 0.130
201112 0.070 92.885 0.084
201203 0.098 94.367 0.116
201206 0.162 93.495 0.193
201209 0.160 94.482 0.189
201212 0.134 95.237 0.157
201303 0.128 96.372 0.148
201306 0.197 95.984 0.229
201309 0.244 97.332 0.280
201312 0.173 97.624 0.198
201403 0.152 98.600 0.172
201406 0.250 98.200 0.284
201409 0.327 98.900 0.369
201412 0.166 99.000 0.187
201503 0.174 99.900 0.194
201506 0.271 99.500 0.304
201509 0.284 100.500 0.315
201512 0.252 100.600 0.279
201603 0.227 102.200 0.248
201606 0.341 101.400 0.375
201609 0.333 102.400 0.363
201612 0.115 102.600 0.125
201703 0.186 103.200 0.201
201706 0.248 103.100 0.268
201709 0.298 104.100 0.319
201712 0.112 104.500 0.120
201803 0.142 105.300 0.150
201806 0.216 104.900 0.230
201809 0.222 106.600 0.232
201812 0.162 106.500 0.170
201903 0.100 107.700 0.104
201906 0.190 107.700 0.197
201909 0.213 109.800 0.216
201912 0.061 111.200 0.061
202012 0.000 111.500 0.000

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Sino Grandness Food Industry Group  (SGX:T4B) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Sino Grandness Food Industry Group Cyclically Adjusted PS Ratio Related Terms

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Sino Grandness Food Industry Group (SGX:T4B) Business Description

Traded in Other Exchanges
N/A
Address
1 Tangtou Road, Shiyan Street, 7th Floor, Unit 0729, Block 2B, Skyworth Inno Valley, Baoan District, Shenzhen, CHN
Sino Grandness Food Industry Group Ltd is an investment holding company. The company's operating segment includes Canned vegetable and fruits and Fruit beverages. It generates maximum revenue from the Fruit beverages segment. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its product includes mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.

Sino Grandness Food Industry Group (SGX:T4B) Headlines

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