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Inesa Intelligent Tech (SHSE:600602) Cyclically Adjusted PS Ratio : 3.40 (As of Jun. 19, 2024)


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What is Inesa Intelligent Tech Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Inesa Intelligent Tech's current share price is ¥11.46. Inesa Intelligent Tech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.37. Inesa Intelligent Tech's Cyclically Adjusted PS Ratio for today is 3.40.

The historical rank and industry rank for Inesa Intelligent Tech's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600602' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 3.71   Max: 9.4
Current: 3.41

During the past years, Inesa Intelligent Tech's highest Cyclically Adjusted PS Ratio was 9.40. The lowest was 1.42. And the median was 3.71.

SHSE:600602's Cyclically Adjusted PS Ratio is ranked worse than
67.74% of 1457 companies
in the Software industry
Industry Median: 1.84 vs SHSE:600602: 3.41

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.

Inesa Intelligent Tech's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.045. 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 ¥3.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inesa Intelligent Tech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inesa Intelligent Tech'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.

Inesa Intelligent Tech Cyclically Adjusted PS Ratio Chart

Inesa Intelligent Tech 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 3.59 2.26 2.35 2.89 3.53

Inesa Intelligent Tech 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 3.66 4.81 4.63 3.53 3.83

Competitive Comparison of Inesa Intelligent Tech's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Inesa Intelligent Tech'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.


Inesa Intelligent Tech's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Inesa Intelligent Tech's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Inesa Intelligent Tech's Cyclically Adjusted PS Ratio falls into.



Inesa Intelligent Tech 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.

Inesa Intelligent Tech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.46/3.37
=3.40

* 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.

Inesa Intelligent Tech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Inesa Intelligent Tech'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)
=1.045/115.2271*115.2271
=1.045

Current CPI (Mar. 2024) = 115.2271.

Inesa Intelligent Tech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.199 98.200 0.234
201409 0.250 98.900 0.291
201412 1.207 99.000 1.405
201503 0.218 99.900 0.251
201506 0.200 99.500 0.232
201509 0.548 100.500 0.628
201512 0.737 100.600 0.844
201603 0.587 102.200 0.662
201606 0.598 101.400 0.680
201609 0.945 102.400 1.063
201612 0.952 102.600 1.069
201703 0.576 103.200 0.643
201706 0.649 103.100 0.725
201709 0.759 104.100 0.840
201712 1.231 104.500 1.357
201803 0.669 105.300 0.732
201806 0.824 104.900 0.905
201809 0.779 106.600 0.842
201812 0.986 106.500 1.067
201903 0.728 107.700 0.779
201906 0.865 107.700 0.925
201909 0.932 109.800 0.978
201912 1.069 111.200 1.108
202003 0.706 112.300 0.724
202006 0.723 110.400 0.755
202009 0.818 111.700 0.844
202012 1.103 111.500 1.140
202103 0.863 112.662 0.883
202106 0.844 111.769 0.870
202109 0.881 112.215 0.905
202112 1.070 113.108 1.090
202203 0.841 114.335 0.848
202206 0.540 114.558 0.543
202209 0.884 115.339 0.883
202212 1.045 115.116 1.046
202303 0.798 115.116 0.799
202306 1.034 114.558 1.040
202309 0.882 115.339 0.881
202312 1.137 114.781 1.141
202403 1.045 115.227 1.045

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.


Inesa Intelligent Tech  (SHSE:600602) 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.


Inesa Intelligent Tech Cyclically Adjusted PS Ratio Related Terms

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


Inesa Intelligent Tech (SHSE:600602) Business Description

Traded in Other Exchanges
Address
No. 200 Zhang Heng Road, Zhangjiang Hi-Tech Park, Building 1, 2nd Floor, Pudong New Area, Shanghai, CHN
Inesa Intelligent Tech Inc is an information technology company. It is a cloud computing and big data, business intelligence solutions and products for the core business of specialized information technology services company.

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