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Gotion High-tech Co (SZSE:002074) Cyclically Adjusted PS Ratio : 2.20 (As of Sep. 22, 2024)


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What is Gotion High-tech Co Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Gotion High-tech Co's current share price is ¥18.08. Gotion High-tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ¥8.22. Gotion High-tech Co's Cyclically Adjusted PS Ratio for today is 2.20.

The historical rank and industry rank for Gotion High-tech Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002074' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 7.11   Max: 16.99
Current: 2.2

During the past years, Gotion High-tech Co's highest Cyclically Adjusted PS Ratio was 16.99. The lowest was 2.18. And the median was 7.11.

SZSE:002074's Cyclically Adjusted PS Ratio is ranked worse than
65.73% of 2057 companies
in the Industrial Products industry
Industry Median: 1.44 vs SZSE:002074: 2.20

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.

Gotion High-tech Co's adjusted revenue per share data for the three months ended in Jun. 2024 was ¥4.922. 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 ¥8.22 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gotion High-tech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gotion High-tech 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.

Gotion High-tech Co Cyclically Adjusted PS Ratio Chart

Gotion High-tech 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 3.93 9.63 10.83 4.90 2.92

Gotion High-tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.19 3.37 2.92 2.60 2.33

Competitive Comparison of Gotion High-tech Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Gotion High-tech 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.


Gotion High-tech Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gotion High-tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gotion High-tech Co's Cyclically Adjusted PS Ratio falls into.



Gotion High-tech 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.

Gotion High-tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.08/8.22
=2.20

* 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.

Gotion High-tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Gotion High-tech Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.922/114.7809*114.7809
=4.922

Current CPI (Jun. 2024) = 114.7809.

Gotion High-tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.279 98.900 0.324
201412 0.902 99.000 1.046
201503 0.770 99.900 0.885
201506 0.979 99.500 1.129
201509 0.527 100.500 0.602
201512 1.227 100.600 1.400
201603 1.176 102.200 1.321
201606 1.227 101.400 1.389
201609 1.011 102.400 1.133
201612 1.528 102.600 1.709
201703 1.261 103.200 1.403
201706 1.486 103.100 1.654
201709 1.536 104.100 1.694
201712 1.110 104.500 1.219
201803 0.922 105.300 1.005
201806 1.380 104.900 1.510
201809 1.309 106.600 1.409
201812 0.901 106.500 0.971
201903 1.565 107.700 1.668
201906 1.615 107.700 1.721
201909 1.363 109.800 1.425
201912 -0.276 111.200 -0.285
202003 0.651 112.300 0.665
202006 1.314 110.400 1.366
202009 1.348 111.700 1.385
202012 2.783 111.500 2.865
202103 1.078 112.662 1.098
202106 1.866 111.769 1.916
202109 1.308 112.215 1.338
202112 4.546 113.108 4.613
202203 2.432 114.335 2.441
202206 2.917 114.558 2.923
202209 3.261 115.339 3.245
202212 4.493 115.116 4.480
202303 3.797 115.116 3.786
202306 5.056 114.558 5.066
202309 3.279 115.339 3.263
202312 6.120 114.781 6.120
202403 4.344 115.227 4.327
202406 4.922 114.781 4.922

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.


Gotion High-tech Co  (SZSE:002074) 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.


Gotion High-tech Co Cyclically Adjusted PS Ratio Related Terms

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


Gotion High-tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 599 Daihe Road, Xinzhan District, Hefei, CHN, 230012
Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 3% market share in 2022 in terms of installed capacity, and fourth in China with 5% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.
Executives
An Dong Liang Executives
Director
Wu Yong Gang Executives
Hou Fei Executives
Peng Ming Supervisors
Huang Zhang Xi Executives
Director
Song Jin Bao Executives
Yang Xu Lai Director
Li Zhen Directors, executives
Shen Qiang Sheng Securities Affairs Representative
Fang Xin Yu Executives
Ma Gui Fu Directors, executives
Hu Jiang Lin Directors, executives
Qiu Wei Dong Directors, executives

Gotion High-tech Co Headlines

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