Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) Cyclically Adjusted PS Ratio : 2.06 (As of Jun. 05, 2025)

View and export this data going back to 2015. Start your Free Trial

What is Silvery Dragon Prestressed Materials Co Tianjin Cyclically Adjusted PS Ratio?

As of today (2025-06-05), Silvery Dragon Prestressed Materials Co Tianjin's current share price is ¥6.84. Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥3.32. Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted PS Ratio for today is 2.06.

The historical rank and industry rank for Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603969' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16 Med: 1.54 Max: 2.2
Current: 2.02

During the past years, Silvery Dragon Prestressed Materials Co Tianjin's highest Cyclically Adjusted PS Ratio was 2.20. The lowest was 1.16. And the median was 1.54.

SHSE:603969's Cyclically Adjusted PS Ratio is ranked worse than
87.94% of 481 companies
in the Steel industry
Industry Median: 0.43 vs SHSE:603969: 2.02

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.

Silvery Dragon Prestressed Materials Co Tianjin's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥0.672. 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 ¥3.32 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation

Silvery Dragon Prestressed Materials Co Tianjin Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Silvery Dragon Prestressed Materials Co Tianjin'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.

Silvery Dragon Prestressed Materials Co Tianjin Cyclically Adjusted PS Ratio Chart

Silvery Dragon Prestressed Materials Co Tianjin Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cyclically Adjusted PS Ratio

Get a 7-Day Free Trial

1.68

2.02

Silvery Dragon Prestressed Materials Co Tianjin 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															1.49	1.45	1.50	2.02	1.82

Competitive Comparison of Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted PS Ratio

For the Steel subindustry, Silvery Dragon Prestressed Materials Co Tianjin'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.

Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted PS Ratio falls into.

Save Embed

;

Save Embed

;

Silvery Dragon Prestressed Materials Co Tianjin 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.

Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	6.84	/	3.32
	=	2.06

Silvery Dragon Prestressed Materials Co Tianjin's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Silvery Dragon Prestressed Materials Co Tianjin'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)
	=	0.672	/	115.1156	*	115.1156
	=	0.672

Current CPI (Mar. 2025) = 115.1156.

Silvery Dragon Prestressed Materials Co Tianjin Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201506	0.582	99.500	0.673
201509	0.416	100.500	0.476
201512	0.325	100.600	0.372
201603	0.145	102.200	0.163
201606	0.406	101.400	0.461
201609	0.530	102.400	0.596
201612	0.561	102.600	0.629
201703	0.471	103.200	0.525
201706	0.950	103.100	1.061
201709	1.329	104.100	1.470
201712	1.817	104.500	2.002
201803	0.977	105.300	1.068
201806	0.875	104.900	0.960
201809	0.777	106.600	0.839
201812	0.855	106.500	0.924
201903	0.527	107.700	0.563
201906	1.039	107.700	1.111
201909	0.782	109.800	0.820
201912	0.930	111.200	0.963
202003	0.741	112.300	0.760
202006	0.592	110.400	0.617
202009	0.981	111.700	1.011
202012	0.745	111.500	0.769
202103	0.585	112.662	0.598
202106	1.379	111.769	1.420
202109	0.971	112.215	0.996
202112	0.967	113.108	0.984
202203	0.455	114.335	0.458
202206	0.886	114.558	0.890
202209	0.836	115.339	0.834
202212	0.703	115.116	0.703
202303	0.574	115.116	0.574
202306	0.920	114.558	0.924
202309	0.895	115.339	0.893
202312	0.812	114.781	0.814
202403	0.601	115.227	0.600
202406	0.993	114.781	0.996
202409	0.991	115.785	0.985
202412	1.001	114.893	1.003
202503	0.672	115.116	0.672

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.

Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) 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.

Silvery Dragon Prestressed Materials Co Tianjin Cyclically Adjusted PS Ratio Related Terms

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

Silvery Dragon Prestressed Materials Co Tianjin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Silvery Dragon Prestressed Materials Co Ltd Tianjin (SHSE:603969) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.62 Shuangyuan Industry Park, Shuangjiang Road, Beichen District, Tianjin, CHN, 300400

Website

http://en.yinlong.com

Silvery Dragon Prestressed Materials Co Ltd Tianjin is engaged in the manufacturing of prestressed concrete steels. Its products include the whole system of PC wire, PC bar, and PC strand, also developed the special PC steel and the large diameter pre-stressed steel rods, hollow pre-stressed anchor bars, and for customers to develop all kinds of new products. It also researches of Railway sleeper, Railway track plate, bridges, PCCP water division pipe, hollow core board, PC pile and other Prestressed concrete structure.

Executives

Zhong Zhi Chao	Director
Xie Zhi Chao	senior management
Ai Zhi Gang	senior management
Zhang Qi Ming	senior management
Yu Jing Qi	Director
Xie Zhi Feng	Director
Xie Tie Gen	Director
Xie Zhao Ting	Supervisors
Xie Hui Zong	senior management
Xie Zhi Qin	senior management
Li Jing Quan	senior management
Zhang Xin	Director
Sun Wei Na	Director
Xie Tie Qiao	Director
Lian Jiang	Supervisors

Silvery Dragon Prestressed Materials Co Tianjin Headlines

No Headlines