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Zhejiang Communications Technology Co (SZSE:002061) Cyclically Adjusted PS Ratio : 0.26 (As of Jun. 04, 2025)


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What is Zhejiang Communications Technology Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Zhejiang Communications Technology Co's current share price is ¥4.05. Zhejiang Communications Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥15.61. Zhejiang Communications Technology Co's Cyclically Adjusted PS Ratio for today is 0.26.

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

SZSE:002061' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.47   Max: 3.42
Current: 0.26

During the past years, Zhejiang Communications Technology Co's highest Cyclically Adjusted PS Ratio was 3.42. The lowest was 0.23. And the median was 0.47.

SZSE:002061's Cyclically Adjusted PS Ratio is ranked better than
76.66% of 1208 companies
in the Construction industry
Industry Median: 0.705 vs SZSE:002061: 0.26

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.

Zhejiang Communications Technology Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥3.324. 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 ¥15.61 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Communications Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zhejiang Communications 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.

Zhejiang Communications Technology Co Cyclically Adjusted PS Ratio Chart

Zhejiang Communications 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 0.40 0.37 0.30 0.26 0.27

Zhejiang Communications 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 0.26 0.25 0.28 0.27 0.25

Competitive Comparison of Zhejiang Communications Technology Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Zhejiang Communications 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.


Zhejiang Communications Technology Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Communications Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Zhejiang Communications 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.

Zhejiang Communications Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.05/15.61
=0.26

* 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.

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

For example, Zhejiang Communications Technology 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)
=3.324/115.1156*115.1156
=3.324

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Communications Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.746 99.500 0.863
201509 1.153 100.500 1.321
201512 1.235 100.600 1.413
201603 1.372 102.200 1.545
201606 0.941 101.400 1.068
201609 1.169 102.400 1.314
201612 7.250 102.600 8.134
201703 1.657 103.200 1.848
201706 2.539 103.100 2.835
201709 2.909 104.100 3.217
201712 4.419 104.500 4.868
201803 2.401 105.300 2.625
201806 3.307 104.900 3.629
201809 4.052 106.600 4.376
201812 4.168 106.500 4.505
201903 2.753 107.700 2.943
201906 3.173 107.700 3.391
201909 3.972 109.800 4.164
201912 5.243 111.200 5.428
202003 3.440 112.300 3.526
202006 3.247 110.400 3.386
202009 4.177 111.700 4.305
202012 5.181 111.500 5.349
202103 3.147 112.662 3.216
202106 4.234 111.769 4.361
202109 5.001 112.215 5.130
202112 6.470 113.108 6.585
202203 3.825 114.335 3.851
202206 4.166 114.558 4.186
202209 4.542 115.339 4.533
202212 8.571 115.116 8.571
202303 3.701 115.116 3.701
202306 3.268 114.558 3.284
202309 4.562 115.339 4.553
202312 6.478 114.781 6.497
202403 2.906 115.227 2.903
202406 4.353 114.781 4.366
202409 4.449 115.785 4.423
202412 6.546 114.893 6.559
202503 3.324 115.116 3.324

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.


Zhejiang Communications Technology Co  (SZSE:002061) 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.


Zhejiang Communications Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Zhejiang Communications Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 38 Jingxing East Road, Zheijiang Province, Jiangshan, CHN, 310051
Zhejiang Communications Technology Co Ltd is mainly engaged in the construction of infrastructure projects. The company's business involves five sectors: The transportation infrastructure sector: Urban construction sector: Comprehensive maintenance industry sector: Transportation manufacturing industry sector, and other traffic engineering supporting products.
Executives
Wu Wei Director
Shao Wen Nian Director
Zhang Xu Independent director
Xing Jiang Nan Director
Xu Chun Lin Director
Yan Zi Qian Supervisors
Zhou Min Xia Supervisors

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