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Shenzhen Huakong Seg Co (SZSE:000068) Cyclically Adjusted PS Ratio : 6.51 (As of May. 24, 2024)


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What is Shenzhen Huakong Seg Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Shenzhen Huakong Seg Co's current share price is ¥3.19. Shenzhen Huakong Seg Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.49. Shenzhen Huakong Seg Co's Cyclically Adjusted PS Ratio for today is 6.51.

The historical rank and industry rank for Shenzhen Huakong Seg Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:000068' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.74   Med: 8.59   Max: 21.87
Current: 6.56

During the past years, Shenzhen Huakong Seg Co's highest Cyclically Adjusted PS Ratio was 21.87. The lowest was 2.74. And the median was 8.59.

SZSE:000068's Cyclically Adjusted PS Ratio is ranked worse than
93.18% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs SZSE:000068: 6.56

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.

Shenzhen Huakong Seg Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.162. 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 ¥0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Huakong Seg Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shenzhen Huakong Seg 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.

Shenzhen Huakong Seg Co Cyclically Adjusted PS Ratio Chart

Shenzhen Huakong Seg Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.71 11.66 9.21 7.99 7.47

Shenzhen Huakong Seg Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.57 6.60 8.09 7.47 8.03

Competitive Comparison of Shenzhen Huakong Seg Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Shenzhen Huakong Seg 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.


Shenzhen Huakong Seg Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Huakong Seg Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Huakong Seg Co's Cyclically Adjusted PS Ratio falls into.



Shenzhen Huakong Seg 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.

Shenzhen Huakong Seg Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.19/0.49
=6.51

* 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.

Shenzhen Huakong Seg Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen Huakong Seg Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.162/115.2271*115.2271
=0.162

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Huakong Seg Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.006 98.200 0.007
201409 0.011 98.900 0.013
201412 0.037 99.000 0.043
201503 0.009 99.900 0.010
201506 0.008 99.500 0.009
201509 0.033 100.500 0.038
201512 0.136 100.600 0.156
201603 0.019 102.200 0.021
201606 0.024 101.400 0.027
201609 0.044 102.400 0.050
201612 0.209 102.600 0.235
201703 0.020 103.200 0.022
201706 0.072 103.100 0.080
201709 0.073 104.100 0.081
201712 0.242 104.500 0.267
201803 0.038 105.300 0.042
201806 0.048 104.900 0.053
201809 0.049 106.600 0.053
201812 0.070 106.500 0.076
201903 0.021 107.700 0.022
201906 0.039 107.700 0.042
201909 0.039 109.800 0.041
201912 0.129 111.200 0.134
202003 0.029 112.300 0.030
202006 0.054 110.400 0.056
202009 0.052 111.700 0.054
202012 0.092 111.500 0.095
202103 0.071 112.662 0.073
202106 0.111 111.769 0.114
202109 0.389 112.215 0.399
202112 0.360 113.108 0.367
202203 0.256 114.335 0.258
202206 0.239 114.558 0.240
202209 0.353 115.339 0.353
202212 0.254 115.116 0.254
202303 0.105 115.116 0.105
202306 0.218 114.558 0.219
202309 0.281 115.339 0.281
202312 0.312 114.781 0.313
202403 0.162 115.227 0.162

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.


Shenzhen Huakong Seg Co  (SZSE:000068) 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.


Shenzhen Huakong Seg Co Cyclically Adjusted PS Ratio Related Terms

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


Shenzhen Huakong Seg Co (SZSE:000068) Business Description

Traded in Other Exchanges
N/A
Address
Huaqiang North Road, 31st Floor, Block A, Stars Plaza, Futian District, Shenzhen, CHN, 518028
Shenzhen Huakong Seg Co Ltd is engaged in a computer, communications, and other electronic equipment manufacturing.
Executives
Du Yu Executives
Huang Hong Fang Executives
Wang Ke Fu Executives

Shenzhen Huakong Seg Co (SZSE:000068) Headlines

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