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Ningbo Gaofa Automotive Control System Co (SHSE:603788) Cyclically Adjusted PS Ratio : 2.99 (As of Jun. 05, 2025)


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What is Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio?

As of today (2025-06-05), Ningbo Gaofa Automotive Control System Co's current share price is ¥15.83. Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥5.29. Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio for today is 2.99.

The historical rank and industry rank for Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603788' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 2.6   Max: 4.04
Current: 2.95

During the past years, Ningbo Gaofa Automotive Control System Co's highest Cyclically Adjusted PS Ratio was 4.04. The lowest was 1.95. And the median was 2.60.

SHSE:603788's Cyclically Adjusted PS Ratio is ranked worse than
81.68% of 955 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs SHSE:603788: 2.95

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.

Ningbo Gaofa Automotive Control System Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥1.756. 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 ¥5.29 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ningbo Gaofa Automotive Control System 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.

Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio Chart

Ningbo Gaofa Automotive Control System 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 - - 2.17 2.97 2.65

Ningbo Gaofa Automotive Control System 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 2.79 2.40 2.58 2.65 3.10

Competitive Comparison of Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Ningbo Gaofa Automotive Control System 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.


Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio falls into.


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Ningbo Gaofa Automotive Control System 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.

Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.83/5.29
=2.99

* 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.

Ningbo Gaofa Automotive Control System Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ningbo Gaofa Automotive Control System 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)
=1.756/115.1156*115.1156
=1.756

Current CPI (Mar. 2025) = 115.1156.

Ningbo Gaofa Automotive Control System Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.950 99.500 1.099
201509 0.804 100.500 0.921
201512 0.851 100.600 0.974
201603 1.028 102.200 1.158
201606 1.013 101.400 1.150
201609 1.010 102.400 1.135
201612 1.308 102.600 1.468
201703 1.520 103.200 1.696
201706 1.479 103.100 1.651
201709 1.841 104.100 2.036
201712 1.689 104.500 1.861
201803 1.685 105.300 1.842
201806 1.531 104.900 1.680
201809 1.225 106.600 1.323
201812 1.375 106.500 1.486
201903 0.941 107.700 1.006
201906 0.936 107.700 1.000
201909 0.988 109.800 1.036
201912 1.264 111.200 1.309
202003 0.756 112.300 0.775
202006 1.008 110.400 1.051
202009 1.015 111.700 1.046
202012 1.202 111.500 1.241
202103 0.959 112.662 0.980
202106 1.173 111.769 1.208
202109 0.989 112.215 1.015
202112 1.095 113.108 1.114
202203 1.092 114.335 1.099
202206 1.098 114.558 1.103
202209 1.187 115.339 1.185
202212 1.322 115.116 1.322
202303 1.122 115.116 1.122
202306 1.315 114.558 1.321
202309 1.504 115.339 1.501
202312 1.727 114.781 1.732
202403 1.542 115.227 1.541
202406 1.765 114.781 1.770
202409 1.532 115.785 1.523
202412 1.684 114.893 1.687
202503 1.756 115.116 1.756

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.


Ningbo Gaofa Automotive Control System Co  (SHSE:603788) 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.


Ningbo Gaofa Automotive Control System Co Cyclically Adjusted PS Ratio Related Terms

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Ningbo Gaofa Automotive Control System Co Business Description

Traded in Other Exchanges
N/A
Address
No.717 XiaYing North Road, Ningbo Yinzhou Investment and Entrepreneurship Center, Ningbo, CHN, 315105
Ningbo Gaofa Automotive Control System Co Ltd is engaged in the research & development, production, and sales of automotive control systems. The company's main products include three categories: automotive speed control system assembly, electronic accelerator pedal, and automotive cable.
Executives
Zhu Zhi Rong Director
Qian Gao Fa Director
Zhou Hong Director
Qian Guo Nian Director
Qian Guo Yao Director

Ningbo Gaofa Automotive Control System Co Headlines

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