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Gome Telecom Equipment Co (SHSE:600898) Cyclically Adjusted PS Ratio : 0.19 (As of Mar. 04, 2025)


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What is Gome Telecom Equipment Co Cyclically Adjusted PS Ratio?

As of today (2025-03-04), Gome Telecom Equipment Co's current share price is ¥0.74. Gome Telecom Equipment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥3.95. Gome Telecom Equipment Co's Cyclically Adjusted PS Ratio for today is 0.19.

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

SHSE:600898' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 1.45   Max: 4.2
Current: 0.19

During the past years, Gome Telecom Equipment Co's highest Cyclically Adjusted PS Ratio was 4.20. The lowest was 0.19. And the median was 1.45.

SHSE:600898's Cyclically Adjusted PS Ratio is ranked better than
89.62% of 1600 companies
in the Hardware industry
Industry Median: 1.305 vs SHSE:600898: 0.19

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.

Gome Telecom Equipment Co's adjusted revenue per share data for the three months ended in Sep. 2024 was ¥0.008. 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 ¥3.95 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gome Telecom Equipment Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gome Telecom Equipment 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.

Gome Telecom Equipment Co Cyclically Adjusted PS Ratio Chart

Gome Telecom Equipment 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 1.52 1.18 1.07 1.15 0.62

Gome Telecom Equipment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.79 0.62 0.39 0.25 0.44

Competitive Comparison of Gome Telecom Equipment Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Gome Telecom Equipment 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.


Gome Telecom Equipment Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gome Telecom Equipment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gome Telecom Equipment Co's Cyclically Adjusted PS Ratio falls into.



Gome Telecom Equipment 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.

Gome Telecom Equipment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.74/3.95
=0.19

* 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.

Gome Telecom Equipment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Gome Telecom Equipment Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.008/115.7848*115.7848
=0.008

Current CPI (Sep. 2024) = 115.7848.

Gome Telecom Equipment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.812 99.000 0.950
201503 0.709 99.900 0.822
201506 1.048 99.500 1.220
201509 0.864 100.500 0.995
201512 0.862 100.600 0.992
201603 0.666 102.200 0.755
201606 1.009 101.400 1.152
201609 0.849 102.400 0.960
201612 2.040 102.600 2.302
201703 1.402 103.200 1.573
201706 1.027 103.100 1.153
201709 1.726 104.100 1.920
201712 4.548 104.500 5.039
201803 3.284 105.300 3.611
201806 2.576 104.900 2.843
201809 1.990 106.600 2.161
201812 2.596 106.500 2.822
201903 1.651 107.700 1.775
201906 0.809 107.700 0.870
201909 0.250 109.800 0.264
201912 0.145 111.200 0.151
202003 0.877 112.300 0.904
202006 0.229 110.400 0.240
202009 1.550 111.700 1.607
202012 1.066 111.500 1.107
202103 0.146 112.662 0.150
202106 0.204 111.769 0.211
202109 0.279 112.215 0.288
202112 0.098 113.108 0.100
202203 0.181 114.335 0.183
202206 0.098 114.558 0.099
202209 0.081 115.339 0.081
202212 0.019 115.116 0.019
202303 0.041 115.116 0.041
202306 0.039 114.558 0.039
202309 0.030 115.339 0.030
202312 0.027 114.781 0.027
202403 0.014 115.227 0.014
202406 0.007 114.781 0.007
202409 0.008 115.785 0.008

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.


Gome Telecom Equipment Co  (SHSE:600898) 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.


Gome Telecom Equipment Co Cyclically Adjusted PS Ratio Related Terms

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


Gome Telecom Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Baotuquan North Road, Lixia District, Shandong Province, Jinan, CHN, 250011
Gome Telecom Equipment Co is a China-based company. Its main business activities include the development, production, and sales of intelligent mobile terminals, communications, and other electronic equipment manufacturing. Products offered by the company include private-label mobile phones, original design manufacturer (ODM) mobile communication devices and ODM mobile communication motherboards. The company also design, produce and sell mobile phones under its brand Gome mobile phones.
Executives
Sha Xiang senior management

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