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Vohringer Home Technology Co (SHSE:603226) Cyclically Adjusted PS Ratio : 1.29 (As of Jun. 09, 2024)


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What is Vohringer Home Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Vohringer Home Technology Co's current share price is ¥3.15. Vohringer Home Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥2.45. Vohringer Home Technology Co's Cyclically Adjusted PS Ratio for today is 1.29.

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

SHSE:603226' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.06   Max: 2.76
Current: 1.46

During the past 12 years, Vohringer Home Technology Co's highest Cyclically Adjusted PS Ratio was 2.76. The lowest was 1.46. And the median was 2.06.

SHSE:603226's Cyclically Adjusted PS Ratio is ranked worse than
69.21% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs SHSE:603226: 1.46

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.

Vohringer Home Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥1.143. 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 ¥2.45 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vohringer Home Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vohringer Home 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.

Vohringer Home Technology Co Cyclically Adjusted PS Ratio Chart

Vohringer Home 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 - - 2.13 1.88 2.84

Vohringer Home 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 - - - 2.84 -

Competitive Comparison of Vohringer Home Technology Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Vohringer Home 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.


Vohringer Home Technology Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vohringer Home Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vohringer Home 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.15/2.45
=1.29

* 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.

Vohringer Home Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Vohringer Home Technology Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.143/114.7809*114.7809
=1.143

Current CPI (Dec23) = 114.7809.

Vohringer Home Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.531 99.000 2.934
201512 2.739 100.600 3.125
201612 2.695 102.600 3.015
201712 3.420 104.500 3.756
201812 2.338 106.500 2.520
201912 2.257 111.200 2.330
202012 1.672 111.500 1.721
202112 2.306 113.108 2.340
202212 1.625 115.116 1.620
202312 1.143 114.781 1.143

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.


Vohringer Home Technology Co  (SHSE:603226) 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.


Vohringer Home Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Vohringer Home Technology Co (SHSE:603226) Business Description

Traded in Other Exchanges
N/A
Address
7001 Linhai Road, Qingcun Township, Fengxian District, Shanghai, CHN, 201414
Vohringer Home Technology Co Ltd, formerly Shanghai Vohringer Wood Product Co Ltd is engaged in the development and sale of wood flooring and wood custom furniture for the whole house. The company's main products include laminate flooring, multi-layer parquet, three-layer solid wood flooring, pure wooden floors and custom homes throughout the house.
Executives
Liu Dun Yin Directors, senior managers
Tao Yuan senior management
Sun Zhen Wei senior management
Li Cong senior management
Ji Fu Tang senior management
Li Yun senior management

Vohringer Home Technology Co (SHSE:603226) Headlines

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