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Shareate Tools (SHSE:688257) Cyclically Adjusted PS Ratio : 3.43 (As of Jun. 04, 2025)


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What is Shareate Tools Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Shareate Tools's current share price is ¥14.36. Shareate Tools's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was ¥4.19. Shareate Tools's Cyclically Adjusted PS Ratio for today is 3.43.

The historical rank and industry rank for Shareate Tools's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:688257' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.67   Med: 3.38   Max: 4.54
Current: 3.39

During the past 12 years, Shareate Tools's highest Cyclically Adjusted PS Ratio was 4.54. The lowest was 2.67. And the median was 3.38.

SHSE:688257's Cyclically Adjusted PS Ratio is ranked worse than
71.49% of 2045 companies
in the Industrial Products industry
Industry Median: 1.73 vs SHSE:688257: 3.39

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.

Shareate Tools's adjusted revenue per share data of for the fiscal year that ended in Dec24 was ¥7.445. 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 ¥4.19 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shareate Tools Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shareate Tools'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.

Shareate Tools Cyclically Adjusted PS Ratio Chart

Shareate Tools 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 - - 4.29 3.49 3.10

Shareate Tools 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 - - - 3.10 -

Competitive Comparison of Shareate Tools's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Shareate Tools'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.


Shareate Tools's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shareate Tools's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shareate Tools's Cyclically Adjusted PS Ratio falls into.


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Shareate Tools 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.

Shareate Tools's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.36/4.19
=3.43

* 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.

Shareate Tools's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Shareate Tools'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)
=7.445/114.8925*114.8925
=7.445

Current CPI (Dec24) = 114.8925.

Shareate Tools Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 1.658 100.600 1.894
201612 1.899 102.600 2.127
201712 3.112 104.500 3.421
201812 3.535 106.500 3.814
201912 3.829 111.200 3.956
202012 3.871 111.500 3.989
202112 4.437 113.108 4.507
202212 4.649 115.116 4.640
202312 6.118 114.781 6.124
202412 7.445 114.893 7.445

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.


Shareate Tools  (SHSE:688257) 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.


Shareate Tools Cyclically Adjusted PS Ratio Related Terms

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


Shareate Tools Business Description

Traded in Other Exchanges
N/A
Address
133 Shuangma Street, Weiting Town, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215121
Shareate Tools Ltd is a national high-tech enterprise, engaged in cemented carbide products and rock drilling tools. Its main products are Rotary Tricone Bit, DTH Hammer & Bit for mining, water well, and oil-field drilling applications, oil drilling, and mining cemented carbide, carbide substrates for PDC bits, petroleum drill bit nozzle, ultra-fine cemented carbide rod, fine grain cutting tools, stamping die plate, cold heading dies, powder metallurgy dies, tungsten carbide tubular welding, wear parts, non-standard parts. It exports to South America, Africa, Australia, Russia, South Korea, the USA, Canada and other countries.
Executives
Yu Li Xin Core technical personnel
Yang Han Min Core technical personnel
Li Ning Core technical personnel
senior management
Lu Qing Zhong Core technical personnel
Liu Yong senior management
Zhang Yong Qiang Supervisors
Rao Xiang senior management
Wu He Hong Directors, senior managers
Xue You Gang Supervisors
Yuan Ai Directors, senior managers
Liu Guo Zhu Directors, senior managers

Shareate Tools Headlines

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