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Lifan Technology (Group) Co (SHSE:601777) Cyclically Adjusted PS Ratio : 3.21 (As of Dec. 15, 2024)


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

As of today (2024-12-15), Lifan Technology (Group) Co's current share price is ¥7.70. Lifan Technology (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥2.40. Lifan Technology (Group) Co's Cyclically Adjusted PS Ratio for today is 3.21.

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

SHSE:601777' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.45   Max: 3.69
Current: 3.2

During the past years, Lifan Technology (Group) Co's highest Cyclically Adjusted PS Ratio was 3.69. The lowest was 0.22. And the median was 1.45.

SHSE:601777's Cyclically Adjusted PS Ratio is ranked worse than
81.74% of 827 companies
in the Vehicles & Parts industry
Industry Median: 0.94 vs SHSE:601777: 3.20

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.

Lifan Technology (Group) Co's adjusted revenue per share data for the three months ended in Sep. 2024 was ¥0.413. 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 ¥2.40 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lifan Technology (Group) Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lifan 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.

Lifan Technology (Group) Co Cyclically Adjusted PS Ratio Chart

Lifan 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 0.29 1.58 2.21 1.43 1.42

Lifan Technology (Group) 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 1.43 1.42 1.28 1.58 1.95

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

For the Auto Manufacturers subindustry, Lifan 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.


Lifan Technology (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Lifan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.70/2.4
=3.21

* 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.

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

For example, Lifan Technology (Group) 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)
=0.413/115.7848*115.7848
=0.413

Current CPI (Sep. 2024) = 115.7848.

Lifan Technology (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.108 99.000 1.296
201503 0.556 99.900 0.644
201506 0.572 99.500 0.666
201509 0.628 100.500 0.724
201512 1.070 100.600 1.232
201603 0.613 102.200 0.694
201606 0.530 101.400 0.605
201609 0.945 102.400 1.069
201612 0.918 102.600 1.036
201703 0.686 103.200 0.770
201706 0.825 103.100 0.927
201709 0.560 104.100 0.623
201712 0.916 104.500 1.015
201803 0.755 105.300 0.830
201806 0.618 104.900 0.682
201809 0.496 106.600 0.539
201812 0.593 106.500 0.645
201903 0.462 107.700 0.497
201906 0.675 107.700 0.726
201909 0.332 109.800 0.350
201912 0.584 111.200 0.608
202003 0.432 112.300 0.445
202006 0.784 110.400 0.822
202009 0.223 111.700 0.231
202012 0.710 111.500 0.737
202103 0.185 112.662 0.190
202106 0.239 111.769 0.248
202109 0.183 112.215 0.189
202112 0.255 113.108 0.261
202203 0.278 114.335 0.282
202206 0.347 114.558 0.351
202209 0.607 115.339 0.609
202212 0.471 115.116 0.474
202303 0.239 115.116 0.240
202306 0.322 114.558 0.325
202309 0.384 115.339 0.385
202312 1.007 114.781 1.016
202403 0.310 115.227 0.312
202406 0.340 114.781 0.343
202409 0.413 115.785 0.413

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.


Lifan Technology (Group) Co  (SHSE:601777) 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.


Lifan Technology (Group) Co Cyclically Adjusted PS Ratio Related Terms

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


Lifan Technology (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Huanghuan North Road, Jinshan Avenue, Liangjiang New District, Chongqing, CHN, 400707
Lifan Technology (Group) Co Ltd is mainly engaged in the research and development, production and sale (including export) of automobile, motorcycle, and engine, integrating investment and financial services.
Executives
Tang Xiao Dong senior management
Yang Yong Kang Director
Mou Gang senior management
Tuo Yong Gui Supervisors
He Yuan Han Supervisors
Wen Qi Yuan Supervisors
Lan Ting Qin Supervisors
Shang You senior management
Hao Ting Mu senior management

Lifan Technology (Group) Co Headlines

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