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Jiangsu Fasten Co (SZSE:000890) Cyclically Adjusted PS Ratio : 1.31 (As of Jun. 04, 2025)


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What is Jiangsu Fasten Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Jiangsu Fasten Co's current share price is ¥3.92. Jiangsu Fasten Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥3.00. Jiangsu Fasten Co's Cyclically Adjusted PS Ratio for today is 1.31.

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

SZSE:000890' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.14   Max: 2.82
Current: 1.28

During the past years, Jiangsu Fasten Co's highest Cyclically Adjusted PS Ratio was 2.82. The lowest was 0.41. And the median was 1.14.

SZSE:000890's Cyclically Adjusted PS Ratio is ranked worse than
79.42% of 481 companies
in the Steel industry
Industry Median: 0.43 vs SZSE:000890: 1.28

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.

Jiangsu Fasten Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥0.163. 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 ¥3.00 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Fasten Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jiangsu Fasten 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.

Jiangsu Fasten Co Cyclically Adjusted PS Ratio Chart

Jiangsu Fasten 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 0.63 1.08 0.99 1.55 1.03

Jiangsu Fasten 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 1.30 0.75 1.04 1.03 1.08

Competitive Comparison of Jiangsu Fasten Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Jiangsu Fasten 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.


Jiangsu Fasten Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Fasten Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Fasten Co's Cyclically Adjusted PS Ratio falls into.


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Jiangsu Fasten 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.

Jiangsu Fasten Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.92/3.00
=1.31

* 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.

Jiangsu Fasten Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Jiangsu Fasten 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)
=0.163/115.1156*115.1156
=0.163

Current CPI (Mar. 2025) = 115.1156.

Jiangsu Fasten Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.223 99.500 1.415
201509 1.225 100.500 1.403
201512 1.175 100.600 1.345
201603 1.319 102.200 1.486
201606 1.178 101.400 1.337
201609 1.643 102.400 1.847
201612 0.870 102.600 0.976
201703 1.637 103.200 1.826
201706 1.517 103.100 1.694
201709 1.385 104.100 1.532
201712 0.762 104.500 0.839
201803 1.362 105.300 1.489
201806 1.251 104.900 1.373
201809 0.996 106.600 1.076
201812 0.843 106.500 0.911
201903 0.947 107.700 1.012
201906 1.071 107.700 1.145
201909 0.956 109.800 1.002
201912 -0.332 111.200 -0.344
202003 0.222 112.300 0.228
202006 0.419 110.400 0.437
202009 0.341 111.700 0.351
202012 0.199 111.500 0.205
202103 0.398 112.662 0.407
202106 0.200 111.769 0.206
202109 0.674 112.215 0.691
202112 0.471 113.108 0.479
202203 0.430 114.335 0.433
202206 0.522 114.558 0.525
202209 0.317 115.339 0.316
202212 0.367 115.116 0.367
202303 0.312 115.116 0.312
202306 0.348 114.558 0.350
202309 0.178 115.339 0.178
202312 0.257 114.781 0.258
202403 0.243 115.227 0.243
202406 0.240 114.781 0.241
202409 0.171 115.785 0.170
202412 0.095 114.893 0.095
202503 0.163 115.116 0.163

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.


Jiangsu Fasten Co  (SZSE:000890) 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.


Jiangsu Fasten Co Cyclically Adjusted PS Ratio Related Terms

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


Jiangsu Fasten Co Business Description

Traded in Other Exchanges
N/A
Address
No. 165, Chengjiang Middle Road, Jiangsu Province, Jiangyin, CHN, 214434
Jiangsu Fasten Co Ltd is a China-based company mainly engaged in commercial factoring, fine optimization of metal products, bridge cable products and infrastructure materials manufacturing and sales. The company offers steel wires, stranded steel wires, stainless steel silk products, and steel-cables; fiber and cable products.
Executives
Huang Xiao Juan Supervisors
Zhu Gang Supervisors
Zhao Jun Directors, executives
Cao Yu Director
Liu Li Hua Director
Tang Fu Ru Supervisors
Liu Yin Director
Liang Le Tian Executives
Zhou Jian Song Director
Wu Yu Jun Executives

Jiangsu Fasten Co Headlines

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