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Ningbo Solartron Technology Co (SHSE:688299) Cyclically Adjusted PS Ratio : 5.14 (As of Jun. 04, 2025)


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What is Ningbo Solartron Technology Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Ningbo Solartron Technology Co's current share price is ¥18.46. Ningbo Solartron Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was ¥3.59. Ningbo Solartron Technology Co's Cyclically Adjusted PS Ratio for today is 5.14.

The historical rank and industry rank for Ningbo Solartron Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:688299' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.72   Med: 3.75   Max: 4.94
Current: 4.94

During the past 11 years, Ningbo Solartron Technology Co's highest Cyclically Adjusted PS Ratio was 4.94. The lowest was 2.72. And the median was 3.75.

SHSE:688299's Cyclically Adjusted PS Ratio is ranked worse than
86.72% of 1160 companies
in the Chemicals industry
Industry Median: 1.25 vs SHSE:688299: 4.94

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 Solartron Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec24 was ¥4.540. 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 ¥3.59 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Solartron Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ningbo Solartron Technology 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 Solartron Technology Co Cyclically Adjusted PS Ratio Chart

Ningbo Solartron Technology 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 - - - 4.30 4.10

Ningbo Solartron Technology 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 - - - 4.10 -

Competitive Comparison of Ningbo Solartron Technology Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Ningbo Solartron Technology 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 Solartron Technology Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Solartron Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Solartron Technology Co's Cyclically Adjusted PS Ratio falls into.


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Ningbo Solartron Technology 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 Solartron Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.46/3.59
=5.14

* 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 Solartron Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Ningbo Solartron Technology 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)
=4.54/114.8925*114.8925
=4.540

Current CPI (Dec24) = 114.8925.

Ningbo Solartron Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 1.291 100.600 1.474
201612 2.276 102.600 2.549
201712 2.400 104.500 2.639
201812 3.266 106.500 3.523
201912 4.072 111.200 4.207
202012 3.720 111.500 3.833
202112 4.512 113.108 4.583
202212 4.066 115.116 4.058
202312 4.466 114.781 4.470
202412 4.540 114.893 4.540

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 Solartron Technology Co  (SHSE:688299) 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 Solartron Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Ningbo Solartron Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.999 Qingfeng Road, Jiangbei District, Zhejiang, Ningbo, CHN, 315000
Ningbo Solartron Technology Co Ltd is mainly engaged in the research, development, production and sales of reflective film, backing base film, optical base film and other special functional films. The main products are reflective film, backing base film, optical base film and other high performance functional films. Used in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit boards and other fields.
Executives
Yang Cheng Han Senior management, core technical personnel
Yang Zhong He Directors, senior managers
Liu Bin Directors, senior managers
Jin Ya Dong Directors, senior managers, core technical personn
Li Chen Directors, senior managers
Zhou Yu Bo Senior management, core technical personnel

Ningbo Solartron Technology Co Headlines

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