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Fanli Digital Technology Co (SHSE:600228) Cyclically Adjusted PS Ratio : 2.90 (As of Jun. 09, 2024)


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What is Fanli Digital Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Fanli Digital Technology Co's current share price is ¥5.05. Fanli Digital Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.74. Fanli Digital Technology Co's Cyclically Adjusted PS Ratio for today is 2.90.

The historical rank and industry rank for Fanli Digital Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600228' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.7   Med: 3.18   Max: 10.16
Current: 2.9

During the past years, Fanli Digital Technology Co's highest Cyclically Adjusted PS Ratio was 10.16. The lowest was 1.70. And the median was 3.18.

SHSE:600228's Cyclically Adjusted PS Ratio is ranked worse than
83.92% of 199 companies
in the Agriculture industry
Industry Median: 1.04 vs SHSE:600228: 2.90

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Fanli Digital Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.111. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ¥1.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fanli Digital Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fanli Digital Technology Co'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.

* Premium members only.

Fanli Digital Technology Co Cyclically Adjusted PS Ratio Chart

Fanli Digital Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 3.97 2.90 3.40 4.36

Fanli Digital Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.23 5.22 4.38 4.36 3.68

Competitive Comparison of Fanli Digital Technology Co's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Fanli Digital Technology Co'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.


Fanli Digital Technology Co's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Fanli Digital Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fanli Digital Technology Co's Cyclically Adjusted PS Ratio falls into.



Fanli Digital Technology Co 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.

Fanli Digital Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.05/1.74
=2.90

* 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.

Fanli Digital Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fanli Digital Technology Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.111/115.2271*115.2271
=0.111

Current CPI (Mar. 2024) = 115.2271.

Fanli Digital Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.843 98.200 0.989
201409 0.842 98.900 0.981
201412 0.674 99.000 0.784
201503 0.628 99.900 0.724
201506 0.448 99.500 0.519
201509 0.565 100.500 0.648
201512 0.455 100.600 0.521
201603 0.392 102.200 0.442
201606 0.458 101.400 0.520
201609 0.421 102.400 0.474
201612 0.474 102.600 0.532
201703 0.479 103.200 0.535
201706 0.556 103.100 0.621
201709 0.485 104.100 0.537
201712 0.852 104.500 0.939
201803 0.524 105.300 0.573
201806 0.756 104.900 0.830
201809 0.600 106.600 0.649
201812 0.504 106.500 0.545
201903 0.463 107.700 0.495
201906 0.390 107.700 0.417
201909 0.841 109.800 0.883
201912 0.366 111.200 0.379
202003 0.120 112.300 0.123
202006 0.198 110.400 0.207
202009 0.379 111.700 0.391
202012 0.274 111.500 0.283
202103 0.136 112.662 0.139
202106 0.147 111.769 0.152
202109 0.160 112.215 0.164
202112 0.194 113.108 0.198
202203 0.080 114.335 0.081
202206 0.123 114.558 0.124
202209 0.225 115.339 0.225
202212 0.196 115.116 0.196
202303 0.116 115.116 0.116
202306 0.068 114.558 0.068
202309 0.094 115.339 0.094
202312 0.179 114.781 0.180
202403 0.111 115.227 0.111

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.


Fanli Digital Technology Co  (SHSE:600228) 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.


Fanli Digital Technology Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Fanli Digital Technology Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fanli Digital Technology Co (SHSE:600228) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Changzheng Avenue, Room 805, 8th Floor, Chamber of Commerce Building, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 200232
Fanli Digital Technology Co Ltd formerly Jiangxi Changjiu Biochemical Industry Co Ltd is a coal chemical company in Jiangxi, China. Its products include synthetic ammonia, urea, methanol, acrylamide, hydrogen peroxide, silica hydrated, liquid carbon dioxide, plastic pipes and oxygen. Geographically, the activities are carried out through China.

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