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Sailun Group Co (SHSE:601058) Cyclically Adjusted PS Ratio : 1.99 (As of Jun. 19, 2024)


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What is Sailun Group Co Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Sailun Group Co's current share price is ¥14.15. Sailun Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.10. Sailun Group Co's Cyclically Adjusted PS Ratio for today is 1.99.

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

SHSE:601058' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.47   Max: 2.4
Current: 2.03

During the past years, Sailun Group Co's highest Cyclically Adjusted PS Ratio was 2.40. The lowest was 0.37. And the median was 1.47.

SHSE:601058's Cyclically Adjusted PS Ratio is ranked worse than
78.11% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs SHSE:601058: 2.03

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.

Sailun Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.259. 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 ¥7.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sailun Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sailun 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.

Sailun Group Co Cyclically Adjusted PS Ratio Chart

Sailun 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 0.69 0.96 2.30 1.48 1.68

Sailun 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 1.59 1.67 1.82 1.68 2.07

Competitive Comparison of Sailun Group Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Sailun 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.


Sailun Group Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Sailun 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.

Sailun Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.15/7.1
=1.99

* 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.

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

For example, Sailun 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)
=2.259/115.2271*115.2271
=2.259

Current CPI (Mar. 2024) = 115.2271.

Sailun Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.552 98.200 2.994
201409 3.222 98.900 3.754
201412 1.527 99.000 1.777
201503 0.846 99.900 0.976
201506 2.443 99.500 2.829
201509 2.637 100.500 3.023
201512 1.067 100.600 1.222
201603 0.946 102.200 1.067
201606 1.293 101.400 1.469
201609 1.185 102.400 1.333
201612 1.542 102.600 1.732
201703 1.243 103.200 1.388
201706 1.755 103.100 1.961
201709 1.614 104.100 1.787
201712 1.349 104.500 1.487
201803 1.007 105.300 1.102
201806 1.541 104.900 1.693
201809 1.308 106.600 1.414
201812 1.347 106.500 1.457
201903 1.280 107.700 1.369
201906 1.376 107.700 1.472
201909 1.431 109.800 1.502
201912 1.880 111.200 1.948
202003 1.666 112.300 1.709
202006 1.135 110.400 1.185
202009 1.703 111.700 1.757
202012 1.851 111.500 1.913
202103 1.452 112.662 1.485
202106 1.521 111.769 1.568
202109 1.428 112.215 1.466
202112 1.543 113.108 1.572
202203 1.663 114.335 1.676
202206 1.711 114.558 1.721
202209 2.137 115.339 2.135
202212 1.589 115.116 1.591
202303 1.664 115.116 1.666
202306 1.961 114.558 1.972
202309 2.232 115.339 2.230
202312 2.293 114.781 2.302
202403 2.259 115.227 2.259

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.


Sailun Group Co  (SHSE:601058) 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.


Sailun Group Co Cyclically Adjusted PS Ratio Related Terms

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


Sailun Group Co (SHSE:601058) Business Description

Traded in Other Exchanges
N/A
Address
No.43, Rubber Valley, Zhengzhou Road, Building B, Shibei District, Shandong, Qingdao, CHN, 266045
Sailun Group Co Ltd is a Chinese company engaged in the research, development, and manufacturing of radial tires and its related manufacturing technology such as management and control network system and computer systems in China. It offers passenger car tires, card passenger tires, and special tires. The company provides tires in the car series, SUV series, racing series, truck tire series, bus tire series, agricultural tires, among others. Its products are sold in China and other countries.
Executives
Yuan Zhong Xue Director
Zhou Ru Gang senior management
Zhou Tian Ming senior management
Zhou Bo senior management
Zhu Xiao Bing senior management
Zhou Sheng Yun senior management
Zhang Bi Shu Director
Wang Jian Ye Directors, senior managers
Liu Yan Hua senior management
Xie Xiao Hong senior management
Song Jun Directors, senior managers
Yan Wan Hua Director
Du Yu Dai Director

Sailun Group Co (SHSE:601058) Headlines

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