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Daheng New Epoch Technology (SHSE:600288) Cyclically Adjusted PS Ratio : 1.44 (As of Jun. 04, 2025)


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What is Daheng New Epoch Technology Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Daheng New Epoch Technology's current share price is ¥9.16. Daheng New Epoch Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥6.36. Daheng New Epoch Technology's Cyclically Adjusted PS Ratio for today is 1.44.

The historical rank and industry rank for Daheng New Epoch Technology's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600288' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.39   Max: 4.09
Current: 1.41

During the past years, Daheng New Epoch Technology's highest Cyclically Adjusted PS Ratio was 4.09. The lowest was 0.72. And the median was 1.39.

SHSE:600288's Cyclically Adjusted PS Ratio is ranked better than
56.38% of 2045 companies
in the Industrial Products industry
Industry Median: 1.73 vs SHSE:600288: 1.41

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.

Daheng New Epoch Technology's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥0.832. 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 ¥6.36 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daheng New Epoch Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daheng New Epoch Technology'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.

Daheng New Epoch Technology Cyclically Adjusted PS Ratio Chart

Daheng New Epoch Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.73 1.66 1.66 1.34

Daheng New Epoch Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.31 0.98 1.33 1.34 1.44

Competitive Comparison of Daheng New Epoch Technology's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Daheng New Epoch Technology'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.


Daheng New Epoch Technology's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daheng New Epoch Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Daheng New Epoch Technology's Cyclically Adjusted PS Ratio falls into.


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Daheng New Epoch Technology 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.

Daheng New Epoch Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.16/6.36
=1.44

* 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.

Daheng New Epoch Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Daheng New Epoch Technology's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.832/115.1156*115.1156
=0.832

Current CPI (Mar. 2025) = 115.1156.

Daheng New Epoch Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.396 99.500 1.615
201509 1.337 100.500 1.531
201512 2.238 100.600 2.561
201603 1.114 102.200 1.255
201606 1.479 101.400 1.679
201609 1.393 102.400 1.566
201612 2.208 102.600 2.477
201703 1.219 103.200 1.360
201706 1.665 103.100 1.859
201709 1.813 104.100 2.005
201712 2.098 104.500 2.311
201803 1.500 105.300 1.640
201806 1.588 104.900 1.743
201809 2.195 106.600 2.370
201812 2.366 106.500 2.557
201903 1.694 107.700 1.811
201906 1.647 107.700 1.760
201909 1.831 109.800 1.920
201912 2.493 111.200 2.581
202003 0.662 112.300 0.679
202006 1.338 110.400 1.395
202009 1.407 111.700 1.450
202012 1.887 111.500 1.948
202103 0.930 112.662 0.950
202106 1.663 111.769 1.713
202109 1.430 112.215 1.467
202112 1.786 113.108 1.818
202203 1.152 114.335 1.160
202206 1.316 114.558 1.322
202209 1.385 115.339 1.382
202212 1.464 115.116 1.464
202303 1.140 115.116 1.140
202306 1.282 114.558 1.288
202309 1.142 115.339 1.140
202312 1.778 114.781 1.783
202403 0.677 115.227 0.676
202406 1.127 114.781 1.130
202409 0.821 115.785 0.816
202412 1.407 114.893 1.410
202503 0.832 115.116 0.832

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.


Daheng New Epoch Technology  (SHSE:600288) 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.


Daheng New Epoch Technology Cyclically Adjusted PS Ratio Related Terms

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


Daheng New Epoch Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Su Zhou Street, Da Heng Technology Tower, 15th Floor, Haidian District, Beijing, Beijing, CHN, 100080
Daheng New Epoch Technology Inc is a Chinese company engaged in electrical and optical-electro-mechanical products. It is engaged in manufacture and sale of optical and mechanical integration products, information technology and office automation products, digital TV network editing and playback systems, and semiconductor components. Geographically the business activities are functioned through the region of China.
Executives
He Jian Guo Director
Lu Yong Zhi Director
Huang Yu Feng Director
Wang Xue Ming Director
Song Chang Director

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