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Healthcare Co (SHSE:603313) Cyclically Adjusted PS Ratio : 0.70 (As of Jun. 08, 2024)


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What is Healthcare Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Healthcare Co's current share price is ¥7.65. Healthcare Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥10.96. Healthcare Co's Cyclically Adjusted PS Ratio for today is 0.70.

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

SHSE:603313' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.54   Max: 5.15
Current: 0.7

During the past 13 years, Healthcare Co's highest Cyclically Adjusted PS Ratio was 5.15. The lowest was 0.70. And the median was 1.54.

SHSE:603313's Cyclically Adjusted PS Ratio is ranked better than
54.29% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs SHSE:603313: 0.70

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.

Healthcare Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥16.461. 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 ¥10.96 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthcare Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Healthcare 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.

Healthcare Co Cyclically Adjusted PS Ratio Chart

Healthcare 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 - 3.50 2.12 1.09 0.96

Healthcare 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 - - - 0.96 -

Competitive Comparison of Healthcare Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Healthcare 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.


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

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

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



Healthcare 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.65/10.96
=0.70

* 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.

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

For example, Healthcare 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)
=16.461/114.7809*114.7809
=16.461

Current CPI (Dec23) = 114.7809.

Healthcare Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.837 99.000 4.449
201512 4.515 100.600 5.151
201612 5.240 102.600 5.862
201712 5.772 104.500 6.340
201812 7.564 106.500 8.152
201912 8.913 111.200 9.200
202012 18.974 111.500 19.532
202112 16.838 113.108 17.087
202212 17.446 115.116 17.395
202312 16.461 114.781 16.461

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.


Healthcare Co  (SHSE:603313) 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.


Healthcare Co Cyclically Adjusted PS Ratio Related Terms

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


Healthcare Co (SHSE:603313) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, South Road, Dingshu Town, Jiangsu Province, RuGao, CHN, 226521
Healthcare Co Ltd operates in the home furnishing industry. The company is mainly engaged in the design, manufacture and distribution of mattresses. Its other product offering includes a thin pad, pillow, sofa and other similar household products. The company's products are sold under the MLILY brand.
Executives
Ni Zhang Gen Director
Cui Hui Ming senior management
Wang Zhen senior management
Fu Dong Qing senior management
Zhang Hong Jian Directors, senior managers
Wu Xiao Hong Directors, senior managers
Ji Jian Long Director
Liu Tao senior management

Healthcare Co (SHSE:603313) Headlines

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