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Leshan Giantstar Farming & Husbandry (SHSE:603477) Cyclically Adjusted PS Ratio : 7.75 (As of May. 21, 2024)


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What is Leshan Giantstar Farming & Husbandry Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Leshan Giantstar Farming & Husbandry's current share price is ¥35.95. Leshan Giantstar Farming & Husbandry's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥4.64. Leshan Giantstar Farming & Husbandry's Cyclically Adjusted PS Ratio for today is 7.75.

The historical rank and industry rank for Leshan Giantstar Farming & Husbandry's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603477' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.69   Med: 7.27   Max: 7.9
Current: 7.38

During the past 10 years, Leshan Giantstar Farming & Husbandry's highest Cyclically Adjusted PS Ratio was 7.90. The lowest was 6.69. And the median was 7.27.

SHSE:603477's Cyclically Adjusted PS Ratio is ranked worse than
95.55% of 854 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs SHSE:603477: 7.38

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.

Leshan Giantstar Farming & Husbandry's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥7.984. 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 ¥4.64 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leshan Giantstar Farming & Husbandry Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Leshan Giantstar Farming & Husbandry'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.

Leshan Giantstar Farming & Husbandry Cyclically Adjusted PS Ratio Chart

Leshan Giantstar Farming & Husbandry 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 - - - - 8.08

Leshan Giantstar Farming & Husbandry 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 - - - 8.08 -

Competitive Comparison of Leshan Giantstar Farming & Husbandry's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Leshan Giantstar Farming & Husbandry'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.


Leshan Giantstar Farming & Husbandry's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Leshan Giantstar Farming & Husbandry's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Leshan Giantstar Farming & Husbandry's Cyclically Adjusted PS Ratio falls into.



Leshan Giantstar Farming & Husbandry 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.

Leshan Giantstar Farming & Husbandry's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.95/4.64
=7.75

* 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.

Leshan Giantstar Farming & Husbandry's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Leshan Giantstar Farming & Husbandry'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)
=7.984/114.7809*114.7809
=7.984

Current CPI (Dec23) = 114.7809.

Leshan Giantstar Farming & Husbandry Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.094 99.000 3.587
201512 3.146 100.600 3.589
201612 3.248 102.600 3.634
201712 3.677 104.500 4.039
201812 2.624 106.500 2.828
201912 2.250 111.200 2.322
202012 4.283 111.500 4.409
202112 6.125 113.108 6.216
202212 7.798 115.116 7.775
202312 7.984 114.781 7.984

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.


Leshan Giantstar Farming & Husbandry  (SHSE:603477) 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.


Leshan Giantstar Farming & Husbandry Cyclically Adjusted PS Ratio Related Terms

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Leshan Giantstar Farming & Husbandry (SHSE:603477) Business Description

Traded in Other Exchanges
N/A
Address
Xinhua Village, Zhugen Town, Wutongqiao District, Sichuan Province, Leshan, CHN, 614800
Leshan Giantstar Farming & Husbandry Corp Ltd, formerly Sichuan Zhenjing Corp Ltd manufactures and distributes leather products. The company produces and sells leather cases, leather car seats, decoration leather, and other products.

Leshan Giantstar Farming & Husbandry (SHSE:603477) Headlines

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