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BGRIMM Technology Co (SHSE:600980) Cyclically Adjusted PS Ratio : 3.75 (As of May. 01, 2024)


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What is BGRIMM Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-01), BGRIMM Technology Co's current share price is ¥14.23. BGRIMM Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.79. BGRIMM Technology Co's Cyclically Adjusted PS Ratio for today is 3.75.

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

SHSE:600980' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.35   Med: 5.12   Max: 14.35
Current: 3.73

During the past years, BGRIMM Technology Co's highest Cyclically Adjusted PS Ratio was 14.35. The lowest was 3.35. And the median was 5.12.

SHSE:600980's Cyclically Adjusted PS Ratio is ranked worse than
79.15% of 585 companies
in the Metals & Mining industry
Industry Median: 1.35 vs SHSE:600980: 3.73

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.

BGRIMM Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.065. 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 ¥3.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BGRIMM Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BGRIMM Technology 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.

BGRIMM Technology Co Cyclically Adjusted PS Ratio Chart

BGRIMM Technology 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 4.79 4.63 5.63 4.00 4.75

BGRIMM Technology 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 4.22 4.39 4.31 4.75 3.92

Competitive Comparison of BGRIMM Technology Co's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, BGRIMM Technology 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.


BGRIMM Technology Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BGRIMM Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BGRIMM Technology 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.

BGRIMM Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.23/3.79
=3.75

* 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.

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

For example, BGRIMM Technology 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)
=1.065/114.6694*114.6694
=1.065

Current CPI (Mar. 2024) = 114.6694.

BGRIMM Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.581 98.200 0.678
201409 0.541 98.900 0.627
201412 1.372 99.000 1.589
201503 0.574 99.900 0.659
201506 0.460 99.500 0.530
201509 0.598 100.500 0.682
201512 1.082 100.600 1.233
201603 0.460 102.200 0.516
201606 0.489 101.400 0.553
201609 0.486 102.400 0.544
201612 1.178 102.600 1.317
201703 0.507 103.200 0.563
201706 0.793 103.100 0.882
201709 0.846 104.100 0.932
201712 0.718 104.500 0.788
201803 0.564 105.300 0.614
201806 0.984 104.900 1.076
201809 0.770 106.600 0.828
201812 0.787 106.500 0.847
201903 0.800 107.700 0.852
201906 0.817 107.700 0.870
201909 0.770 109.800 0.804
201912 0.847 111.200 0.873
202003 0.804 112.300 0.821
202006 0.833 110.400 0.865
202009 0.969 111.700 0.995
202012 0.879 111.500 0.904
202103 0.983 112.662 1.001
202106 0.986 111.769 1.012
202109 1.506 112.215 1.539
202112 1.273 113.108 1.291
202203 1.111 114.335 1.114
202206 1.219 114.558 1.220
202209 1.202 115.339 1.195
202212 1.138 115.116 1.134
202303 1.116 115.116 1.112
202306 1.289 114.558 1.290
202309 1.104 115.339 1.098
202312 1.400 114.669 1.400
202403 1.065 114.669 1.065

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.


BGRIMM Technology Co  (SHSE:600980) 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.


BGRIMM Technology Co Cyclically Adjusted PS Ratio Related Terms

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


BGRIMM Technology Co (SHSE:600980) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, South Fourth Ring Road West, 4th Floor, Building 23, Area 18, Fengtai District, Beijing, CHN, 100160
BGRIMM Technology Co Ltd, formerly BGRIMM Magnetic Materials & Technology Co Ltd is a China-based company. Its business activities are divided into mining equipment and magnetic materials division. Mining equipment division is engaged in research and development, production, and supporting technical consulting services for mining equipment. Its business scope includes flotation equipment, magnetic separation equipment, ore dressing auxiliary equipment, leaching tanks and other mining and smelting products. Magnetic materials division is engaged in the research and development, production, sales and comprehensive services of magnetic materials and devices. Magnetic material products include sintering permanent magnet ferrite, injection magnetic, and magnetic information recording material.

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