GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd (SHSE:603300) » Definitions » Cyclically Adjusted PS Ratio

Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Cyclically Adjusted PS Ratio : 5.54 (As of May. 25, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Zhejiang Huatie Emergency Equipment Science & Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Zhejiang Huatie Emergency Equipment Science & Technology Co's current share price is ¥6.04. Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.09. Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted PS Ratio for today is 5.54.

The historical rank and industry rank for Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603300' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.15   Med: 6.09   Max: 6.73
Current: 6.01

During the past years, Zhejiang Huatie Emergency Equipment Science & Technology Co's highest Cyclically Adjusted PS Ratio was 6.73. The lowest was 5.15. And the median was 6.09.

SHSE:603300's Cyclically Adjusted PS Ratio is ranked worse than
92.64% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs SHSE:603300: 6.01

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.

Zhejiang Huatie Emergency Equipment Science & Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.565. 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 ¥1.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Huatie Emergency Equipment Science & Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zhejiang Huatie Emergency Equipment Science & 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.

Zhejiang Huatie Emergency Equipment Science & Technology Co Cyclically Adjusted PS Ratio Chart

Zhejiang Huatie Emergency Equipment Science & 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 - - - - 6.16

Zhejiang Huatie Emergency Equipment Science & 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 6.70 5.68 6.10 6.16 5.59

Competitive Comparison of Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Zhejiang Huatie Emergency Equipment Science & 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.


Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted PS Ratio falls into.



Zhejiang Huatie Emergency Equipment Science & 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.

Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.04/1.09
=5.54

* 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.

Zhejiang Huatie Emergency Equipment Science & Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Huatie Emergency Equipment Science & 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)
=0.565/115.2271*115.2271
=0.565

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Huatie Emergency Equipment Science & Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.098 98.200 0.115
201409 0.111 98.900 0.129
201412 0.101 99.000 0.118
201503 0.092 99.900 0.106
201506 0.094 99.500 0.109
201509 0.077 100.500 0.088
201512 0.082 100.600 0.094
201603 0.062 102.200 0.070
201606 0.119 101.400 0.135
201609 0.128 102.400 0.144
201612 0.112 102.600 0.126
201703 0.142 103.200 0.159
201706 0.146 103.100 0.163
201709 0.143 104.100 0.158
201712 0.196 104.500 0.216
201803 0.157 105.300 0.172
201806 0.154 104.900 0.169
201809 0.232 106.600 0.251
201812 0.265 106.500 0.287
201903 0.176 107.700 0.188
201906 0.183 107.700 0.196
201909 0.266 109.800 0.279
201912 0.251 111.200 0.260
202003 0.155 112.300 0.159
202006 0.289 110.400 0.302
202009 0.295 111.700 0.304
202012 0.285 111.500 0.295
202103 0.223 112.662 0.228
202106 0.365 111.769 0.376
202109 0.420 112.215 0.431
202112 0.446 113.108 0.454
202203 0.343 114.335 0.346
202206 0.429 114.558 0.432
202209 0.527 115.339 0.526
202212 0.453 115.116 0.453
202303 0.421 115.116 0.421
202306 0.602 114.558 0.606
202309 0.640 115.339 0.639
202312 0.616 114.781 0.618
202403 0.565 115.227 0.565

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.


Zhejiang Huatie Emergency Equipment Science & Technology Co  (SHSE:603300) 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.


Zhejiang Huatie Emergency Equipment Science & Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Business Description

Traded in Other Exchanges
N/A
Address
E-Commerce Park East, 4th Floor, 5, 9 Shing Road, Jianggan District, Hangzhou, CHN, 310019
Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd Zhejiang Huatie Construction Safety Science And Technology Co Ltd provides professional, safe and environmentally-friendly safety support and ancillary services for all types of construction projects throughout the country.
Executives
Zhou Wei Hong senior management
Hu Dan Feng Director
Gui Lin Supervisors
Guo Hai Bin senior management
Ying Da Cheng Director

Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Headlines

No Headlines