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DHC Software Co (SZSE:002065) Cyclically Adjusted PS Ratio : 2.68 (As of Dec. 11, 2024)


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What is DHC Software Co Cyclically Adjusted PS Ratio?

As of today (2024-12-11), DHC Software Co's current share price is ¥8.09. DHC Software Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥3.02. DHC Software Co's Cyclically Adjusted PS Ratio for today is 2.68.

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

SZSE:002065' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 4.62   Max: 22.37
Current: 2.66

During the past years, DHC Software Co's highest Cyclically Adjusted PS Ratio was 22.37. The lowest was 1.48. And the median was 4.62.

SZSE:002065's Cyclically Adjusted PS Ratio is ranked worse than
55.04% of 1299 companies
in the Software industry
Industry Median: 2.27 vs SZSE:002065: 2.66

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.

DHC Software Co's adjusted revenue per share data for the three months ended in Sep. 2024 was ¥0.768. 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 ¥3.02 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHC Software Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DHC Software 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.

DHC Software Co Cyclically Adjusted PS Ratio Chart

DHC Software 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 5.17 3.77 3.20 2.10 2.16

DHC Software Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.30 2.16 1.91 1.53 1.90

Competitive Comparison of DHC Software Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, DHC Software 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.


DHC Software Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, DHC Software Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DHC Software 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.

DHC Software Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.09/3.02
=2.68

* 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.

DHC Software Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, DHC Software Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.768/115.7848*115.7848
=0.768

Current CPI (Sep. 2024) = 115.7848.

DHC Software Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.665 99.000 0.778
201503 0.313 99.900 0.363
201506 0.238 99.500 0.277
201509 0.467 100.500 0.538
201512 0.794 100.600 0.914
201603 0.336 102.200 0.381
201606 0.355 101.400 0.405
201609 0.454 102.400 0.513
201612 0.909 102.600 1.026
201703 0.408 103.200 0.458
201706 0.394 103.100 0.442
201709 0.544 104.100 0.605
201712 0.975 104.500 1.080
201803 0.445 105.300 0.489
201806 0.550 104.900 0.607
201809 0.603 106.600 0.655
201812 1.109 106.500 1.206
201903 0.526 107.700 0.565
201906 0.628 107.700 0.675
201909 0.687 109.800 0.724
201912 1.002 111.200 1.043
202003 0.555 112.300 0.572
202006 0.613 110.400 0.643
202009 0.618 111.700 0.641
202012 1.157 111.500 1.201
202103 0.652 112.662 0.670
202106 0.799 111.769 0.828
202109 0.726 112.215 0.749
202112 1.182 113.108 1.210
202203 0.713 114.335 0.722
202206 0.717 114.558 0.725
202209 0.854 115.339 0.857
202212 1.407 115.116 1.415
202303 0.872 115.116 0.877
202306 0.728 114.558 0.736
202309 0.720 115.339 0.723
202312 1.276 114.781 1.287
202403 1.003 115.227 1.008
202406 0.783 114.781 0.790
202409 0.768 115.785 0.768

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.


DHC Software Co  (SZSE:002065) 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.


DHC Software Co Cyclically Adjusted PS Ratio Related Terms

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


DHC Software Co Business Description

Traded in Other Exchanges
N/A
Address
Beijing Zijin Digital Park Building 3, Room 1501, Haidian District, Beijing, CHN, 100190
DHC Software Co Ltd is a China-based software enterprise. It offers software and information technology services. The company is principally engaged in providing Application Development and Maintenance (ADM), Computer Information System Integration and other IT-related services in China.
Executives
Guo Hao Zhe Executives
Xue Xiang Dong Directors, executives
Hou Zhi Guo Executives
Dong Guo Yong Executives
Zheng Xiao Qing Director
Ruan Jin Executives
Yang Jian Directors, Directors, and Executives
Guo Yu Jie Supervisors
Lin Wen Ping Executives
Yin Ji Nan Executives
Liu Zhi Hua Executives
Huang Xing Guo Executives
Li Jian Guo Directors, executives
Ye Li Executives
Lv Bo Directors, executives

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