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Henglin Home Furnishings Co (SHSE:603661) Cyclically Adjusted PS Ratio : 0.76 (As of Jun. 05, 2025)


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What is Henglin Home Furnishings Co Cyclically Adjusted PS Ratio?

As of today (2025-06-05), Henglin Home Furnishings Co's current share price is ¥27.44. Henglin Home Furnishings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was ¥35.93. Henglin Home Furnishings Co's Cyclically Adjusted PS Ratio for today is 0.76.

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

SHSE:603661' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.29   Max: 1.67
Current: 0.76

During the past 12 years, Henglin Home Furnishings Co's highest Cyclically Adjusted PS Ratio was 1.67. The lowest was 0.76. And the median was 1.29.

SHSE:603661's Cyclically Adjusted PS Ratio is ranked better than
51.6% of 312 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.8 vs SHSE:603661: 0.76

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.

Henglin Home Furnishings Co's adjusted revenue per share data of for the fiscal year that ended in Dec24 was ¥80.497. 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 ¥35.93 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henglin Home Furnishings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Henglin Home Furnishings 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.

Henglin Home Furnishings Co Cyclically Adjusted PS Ratio Chart

Henglin Home Furnishings 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 - - 1.15 1.52 0.85

Henglin Home Furnishings 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 - - - 0.85 -

Competitive Comparison of Henglin Home Furnishings Co's Cyclically Adjusted PS Ratio

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


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

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

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


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Henglin Home Furnishings 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.

Henglin Home Furnishings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.44/35.93
=0.76

* 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.

Henglin Home Furnishings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Henglin Home Furnishings Co's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=80.497/114.8925*114.8925
=80.497

Current CPI (Dec24) = 114.8925.

Henglin Home Furnishings Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 14.573 100.600 16.643
201612 16.425 102.600 18.393
201712 17.568 104.500 19.315
201812 16.561 106.500 17.866
201912 20.707 111.200 21.395
202012 34.133 111.500 35.172
202112 42.264 113.108 42.931
202212 47.623 115.116 47.531
202312 59.490 114.781 59.548
202412 80.497 114.893 80.497

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.


Henglin Home Furnishings Co  (SHSE:603661) 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.


Henglin Home Furnishings Co Cyclically Adjusted PS Ratio Related Terms

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


Henglin Home Furnishings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 378-380, Jiaxi Road, Dipu Street, Dipu Town, Anji County, Huzhou, CHN, 313300
Henglin Home Furnishings Co Ltd manufactures and markets office furniture. The company integrates research and development, manufacturing and selling a health range product like office chairs, sofas, and massage chairs. It has several retailers in Europe, the United States, Japan, and other overseas markets.
Executives
Ceng Wei Director

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