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Everbright Securities Co (SHSE:601788) Cyclically Adjusted PS Ratio : 6.61 (As of Jun. 05, 2025)


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What is Everbright Securities Co Cyclically Adjusted PS Ratio?

As of today (2025-06-05), Everbright Securities Co's current share price is ¥18.17. Everbright Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥2.75. Everbright Securities Co's Cyclically Adjusted PS Ratio for today is 6.61.

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

SHSE:601788' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.74   Med: 5.84   Max: 12.45
Current: 5.92

During the past years, Everbright Securities Co's highest Cyclically Adjusted PS Ratio was 12.45. The lowest was 3.74. And the median was 5.84.

SHSE:601788's Cyclically Adjusted PS Ratio is ranked worse than
64.16% of 558 companies
in the Capital Markets industry
Industry Median: 3.685 vs SHSE:601788: 5.92

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.

Everbright Securities Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥0.486. 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 ¥2.75 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everbright Securities Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Everbright Securities 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.

Everbright Securities Co Cyclically Adjusted PS Ratio Chart

Everbright Securities Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.93 5.81 5.52 5.49 6.47

Everbright Securities Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.78 5.18 6.78 6.47 6.20

Competitive Comparison of Everbright Securities Co's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Everbright Securities 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.


Everbright Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Everbright Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Everbright Securities 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.

Everbright Securities Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.17/2.75
=6.61

* 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.

Everbright Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Everbright Securities Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.486/119.3844*119.3844
=0.486

Current CPI (Mar. 2025) = 119.3844.

Everbright Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.842 99.267 2.215
201509 0.752 99.927 0.898
201512 1.081 102.015 1.265
201603 0.471 102.785 0.547
201606 0.561 101.686 0.659
201609 0.608 102.565 0.708
201612 0.588 103.225 0.680
201703 0.416 103.335 0.481
201706 0.433 103.664 0.499
201709 0.571 103.994 0.656
201712 0.694 104.984 0.789
201803 0.510 105.973 0.575
201806 0.375 106.193 0.422
201809 0.412 106.852 0.460
201812 0.398 107.622 0.441
201903 0.749 108.172 0.827
201906 0.521 109.601 0.568
201909 0.549 110.260 0.594
201912 0.309 110.700 0.333
202003 0.609 110.920 0.655
202006 0.761 110.590 0.822
202009 0.936 107.512 1.039
202012 1.059 109.711 1.152
202103 0.712 111.579 0.762
202106 0.971 111.360 1.041
202109 0.865 109.051 0.947
202112 0.885 112.349 0.940
202203 0.422 113.558 0.444
202206 0.640 113.448 0.673
202209 0.706 113.778 0.741
202212 0.313 114.548 0.326
202303 0.540 115.427 0.559
202306 0.688 115.647 0.710
202309 0.318 116.087 0.327
202312 0.413 117.296 0.420
202403 0.415 117.735 0.421
202406 0.355 117.296 0.361
202409 0.405 118.615 0.408
202412 0.638 118.945 0.640
202503 0.486 119.384 0.486

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.


Everbright Securities Co  (SHSE:601788) 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.


Everbright Securities Co Cyclically Adjusted PS Ratio Related Terms

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


Everbright Securities Co Business Description

Traded in Other Exchanges
Address
108 Gloucester Road, 12th Floor, Everbright Centre, Wan Chai, Hong Kong, HKG
Everbright Securities Co Ltd is a China-based company is engaged in providing brokerage and investment consulting services. The Company's business includes wealth management business segment, corporate financing business segment, institutional customer business segment, investment trading business segment, asset management business segment and equity investment business segment. The company generates the majority of its revenue from wealth management business segment.
Executives
Yuan De Zong Supervisors

Everbright Securities Co Headlines

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