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Inmyshow Digital Technology (Group) Co (SHSE:600556) Cyclically Adjusted PS Ratio : 3.56 (As of Apr. 30, 2024)


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What is Inmyshow Digital Technology (Group) Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Inmyshow Digital Technology (Group) Co's current share price is ¥4.59. Inmyshow Digital Technology (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.29. Inmyshow Digital Technology (Group) Co's Cyclically Adjusted PS Ratio for today is 3.56.

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

SHSE:600556' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.27   Med: 24.75   Max: 159.24
Current: 3.54

During the past years, Inmyshow Digital Technology (Group) Co's highest Cyclically Adjusted PS Ratio was 159.24. The lowest was 3.27. And the median was 24.75.

SHSE:600556's Cyclically Adjusted PS Ratio is ranked worse than
88.67% of 697 companies
in the Media - Diversified industry
Industry Median: 0.89 vs SHSE:600556: 3.54

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.

Inmyshow Digital Technology (Group) Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.535. 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 ¥1.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inmyshow Digital Technology (Group) Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inmyshow Digital Technology (Group) 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.

Inmyshow Digital Technology (Group) Co Cyclically Adjusted PS Ratio Chart

Inmyshow Digital Technology (Group) 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 28.09 20.46 14.47 6.53 4.76

Inmyshow Digital Technology (Group) 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 8.54 6.23 5.16 4.76 3.80

Competitive Comparison of Inmyshow Digital Technology (Group) Co's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, Inmyshow Digital Technology (Group) 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.


Inmyshow Digital Technology (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Inmyshow Digital Technology (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Inmyshow Digital Technology (Group) Co's Cyclically Adjusted PS Ratio falls into.



Inmyshow Digital Technology (Group) 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.

Inmyshow Digital Technology (Group) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.59/1.29
=3.56

* 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.

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

For example, Inmyshow Digital Technology (Group) 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)
=0.535/114.6694*114.6694
=0.535

Current CPI (Mar. 2024) = 114.6694.

Inmyshow Digital Technology (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.035 98.200 0.041
201409 0.027 98.900 0.031
201412 0.052 99.000 0.060
201503 0.056 99.900 0.064
201506 0.033 99.500 0.038
201509 0.036 100.500 0.041
201512 0.109 100.600 0.124
201603 0.036 102.200 0.040
201606 0.023 101.400 0.026
201609 0.021 102.400 0.024
201612 0.046 102.600 0.051
201703 0.022 103.200 0.024
201706 0.018 103.100 0.020
201709 0.050 104.100 0.055
201712 0.095 104.500 0.104
201803 0.069 105.300 0.075
201806 0.018 104.900 0.020
201809 0.033 106.600 0.035
201812 0.957 106.500 1.030
201903 0.270 107.700 0.287
201906 0.305 107.700 0.325
201909 0.442 109.800 0.462
201912 0.392 111.200 0.404
202003 0.288 112.300 0.294
202006 0.523 110.400 0.543
202009 0.538 111.700 0.552
202012 0.438 111.500 0.450
202103 0.470 112.662 0.478
202106 0.719 111.769 0.738
202109 0.609 112.215 0.622
202112 0.758 113.108 0.768
202203 0.641 114.335 0.643
202206 0.514 114.558 0.515
202209 0.564 115.339 0.561
202212 0.576 115.116 0.574
202303 0.527 115.116 0.525
202306 0.640 114.558 0.641
202309 0.587 115.339 0.584
202312 0.517 114.669 0.517
202403 0.535 114.669 0.535

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.


Inmyshow Digital Technology (Group) Co  (SHSE:600556) 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.


Inmyshow Digital Technology (Group) Co Cyclically Adjusted PS Ratio Related Terms

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


Inmyshow Digital Technology (Group) Co (SHSE:600556) Business Description

Traded in Other Exchanges
N/A
Address
No.16, West Beihai Avenue, Building D, 17th Floor, Haifu Building, Guangxi Zhuang Autonomous Region, Beihai, CHN, 536000
Inmyshow Digital Technology (Group) Co Ltd is engaged in providing broadcasting services. It covers sports broadcasting like football live, basketball live, football videos, basketball videos, sports news, team database services, and others.

Inmyshow Digital Technology (Group) Co (SHSE:600556) Headlines

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