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Fujian Apex Software Co (SHSE:603383) Cyclically Adjusted PS Ratio : 16.78 (As of Jun. 04, 2025)


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What is Fujian Apex Software Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Fujian Apex Software Co's current share price is ¥38.42. Fujian Apex Software Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥2.29. Fujian Apex Software Co's Cyclically Adjusted PS Ratio for today is 16.78.

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

SHSE:603383' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.36   Med: 16.89   Max: 19.45
Current: 16.88

During the past years, Fujian Apex Software Co's highest Cyclically Adjusted PS Ratio was 19.45. The lowest was 11.36. And the median was 16.89.

SHSE:603383's Cyclically Adjusted PS Ratio is ranked worse than
94.32% of 1373 companies
in the Software industry
Industry Median: 2.12 vs SHSE:603383: 16.88

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.

Fujian Apex Software Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥0.666. 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 ¥2.29 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Apex Software Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fujian Apex Software 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.

Fujian Apex Software Co Cyclically Adjusted PS Ratio Chart

Fujian Apex Software 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 - - - - 16.50

Fujian Apex Software 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 - 14.69 16.97 16.50 16.72

Competitive Comparison of Fujian Apex Software Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Fujian Apex Software 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.


Fujian Apex Software Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Fujian Apex Software Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Fujian Apex Software 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.

Fujian Apex Software Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.42/2.29
=16.78

* 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.

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

For example, Fujian Apex Software 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)
=0.666/115.1156*115.1156
=0.666

Current CPI (Mar. 2025) = 115.1156.

Fujian Apex Software Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201512 0.000 100.600 0.000
201603 0.116 102.200 0.131
201606 0.415 101.400 0.471
201609 0.116 102.400 0.130
201612 0.741 102.600 0.831
201703 0.177 103.200 0.197
201706 0.442 103.100 0.494
201709 0.262 104.100 0.290
201712 0.434 104.500 0.478
201803 0.226 105.300 0.247
201806 0.292 104.900 0.320
201809 0.288 106.600 0.311
201812 0.631 106.500 0.682
201903 0.212 107.700 0.227
201906 0.522 107.700 0.558
201909 0.320 109.800 0.335
201912 0.639 111.200 0.662
202003 0.268 112.300 0.275
202006 0.396 110.400 0.413
202009 0.451 111.700 0.465
202012 0.580 111.500 0.599
202103 0.320 112.662 0.327
202106 0.692 111.769 0.713
202109 0.600 112.215 0.616
202112 0.933 113.108 0.950
202203 0.390 114.335 0.393
202206 0.649 114.558 0.652
202209 0.751 115.339 0.750
202212 1.158 115.116 1.158
202303 0.639 115.116 0.639
202306 0.721 114.558 0.725
202309 0.837 115.339 0.835
202312 1.423 114.781 1.427
202403 0.679 115.227 0.678
202406 0.633 114.781 0.635
202409 0.721 115.785 0.717
202412 1.161 114.893 1.163
202503 0.666 115.116 0.666

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.


Fujian Apex Software Co  (SHSE:603383) 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.


Fujian Apex Software Co Cyclically Adjusted PS Ratio Related Terms

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


Fujian Apex Software Co Business Description

Traded in Other Exchanges
N/A
Address
No. 89, Software Avenue, Tongpan Road, Building 13, Building A, Software Park, Gulou District, Fujian, Fuzhou, CHN, 350003
Fujian Apex Software Co Ltd is a China based professional platform-based software company and application solutions provider. It offers software services like business process management (BPM) for different areas including financial securities, including securities and futures and funds, banks and trusts, electronic trading and private equity fund, and business and education.
Executives
Zhao Wei Director
Dong Feng Liang senior management
Lei Shi Pan Director
Yan Meng Yu Director
Liu Jian Bao Supervisors
Cheng Jia Supervisors
Zhu Yu senior management
Ou Yong Supervisors
Zheng Yuan Tong Supervisors

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