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Aeolus Tyre Co (SHSE:600469) Cyclically Adjusted PS Ratio : 0.53 (As of May. 15, 2024)


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What is Aeolus Tyre Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Aeolus Tyre Co's current share price is ¥6.25. Aeolus Tyre Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥11.78. Aeolus Tyre Co's Cyclically Adjusted PS Ratio for today is 0.53.

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

SHSE:600469' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.37   Max: 0.98
Current: 0.52

During the past years, Aeolus Tyre Co's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.20. And the median was 0.37.

SHSE:600469's Cyclically Adjusted PS Ratio is ranked better than
57.72% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs SHSE:600469: 0.52

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.

Aeolus Tyre Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.973. 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 ¥11.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeolus Tyre Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aeolus Tyre 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.

Aeolus Tyre Co Cyclically Adjusted PS Ratio Chart

Aeolus Tyre 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 0.30 0.34 0.35 0.35 0.51

Aeolus Tyre 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 0.40 0.51 0.48 0.51 0.49

Competitive Comparison of Aeolus Tyre Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Aeolus Tyre 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.


Aeolus Tyre Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aeolus Tyre Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Aeolus Tyre Co's Cyclically Adjusted PS Ratio falls into.



Aeolus Tyre 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.

Aeolus Tyre Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.25/11.78
=0.53

* 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.

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

For example, Aeolus Tyre 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)
=1.973/114.6694*114.6694
=1.973

Current CPI (Mar. 2024) = 114.6694.

Aeolus Tyre Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.517 98.200 4.107
201409 3.594 98.900 4.167
201412 3.736 99.000 4.327
201503 2.875 99.900 3.300
201506 4.632 99.500 5.338
201509 4.177 100.500 4.766
201512 5.900 100.600 6.725
201603 4.371 102.200 4.904
201606 2.620 101.400 2.963
201609 3.240 102.400 3.628
201612 3.115 102.600 3.481
201703 3.397 103.200 3.775
201706 3.256 103.100 3.621
201709 3.526 104.100 3.884
201712 2.871 104.500 3.150
201803 2.510 105.300 2.733
201806 3.069 104.900 3.355
201809 2.757 106.600 2.966
201812 2.660 106.500 2.864
201903 2.543 107.700 2.708
201906 2.857 107.700 3.042
201909 2.758 109.800 2.880
201912 2.496 111.200 2.574
202003 2.092 112.300 2.136
202006 2.691 110.400 2.795
202009 2.572 111.700 2.640
202012 2.344 111.500 2.411
202103 2.267 112.662 2.307
202106 1.473 111.769 1.511
202109 0.940 112.215 0.961
202112 1.777 113.108 1.802
202203 1.531 114.335 1.535
202206 0.899 114.558 0.900
202209 1.919 115.339 1.908
202212 1.766 115.116 1.759
202303 1.744 115.116 1.737
202306 2.003 114.558 2.005
202309 2.151 115.339 2.139
202312 2.007 114.669 2.007
202403 1.973 114.669 1.973

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.


Aeolus Tyre Co  (SHSE:600469) 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.


Aeolus Tyre Co Cyclically Adjusted PS Ratio Related Terms

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


Aeolus Tyre Co (SHSE:600469) Business Description

Traded in Other Exchanges
N/A
Address
No. 48 Jiaodong South Road, Jiaozuo, Henan, CHN, 454003
Aeolus Tyre Co Ltd is engaged in the business of manufacturing tyres. The company specializes in producing and selling tyres for commercial vehicles and earth-moving machineries.

Aeolus Tyre Co (SHSE:600469) Headlines

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