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Sunwave Communications Co (SZSE:002115) Cyclically Adjusted PS Ratio : (As of Oct. 31, 2024)


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What is Sunwave Communications Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunwave Communications Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sunwave Communications 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.

Sunwave Communications Co Cyclically Adjusted PS Ratio Chart

Sunwave Communications 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 2.97 1.54 1.16 0.72 0.95

Sunwave Communications 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 0.85 0.95 0.85 0.59 -

Competitive Comparison of Sunwave Communications Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Sunwave Communications 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.


Sunwave Communications Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Sunwave Communications 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.

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

For example, Sunwave Communications 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)
=3.274/115.7848*115.7848
=3.274

Current CPI (Sep. 2024) = 115.7848.

Sunwave Communications Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.722 99.000 0.844
201503 0.267 99.900 0.309
201506 0.474 99.500 0.552
201509 0.381 100.500 0.439
201512 0.497 100.600 0.572
201603 0.332 102.200 0.376
201606 0.375 101.400 0.428
201609 0.398 102.400 0.450
201612 0.731 102.600 0.825
201703 0.400 103.200 0.449
201706 0.433 103.100 0.486
201709 0.510 104.100 0.567
201712 0.808 104.500 0.895
201803 0.776 105.300 0.853
201806 0.785 104.900 0.866
201809 1.322 106.600 1.436
201812 1.651 106.500 1.795
201903 1.391 107.700 1.495
201906 1.508 107.700 1.621
201909 1.967 109.800 2.074
201912 2.868 111.200 2.986
202003 2.639 112.300 2.721
202006 2.822 110.400 2.960
202009 3.190 111.700 3.307
202012 3.487 111.500 3.621
202103 3.746 112.662 3.850
202106 3.531 111.769 3.658
202109 3.534 112.215 3.646
202112 3.345 113.108 3.424
202203 2.977 114.335 3.015
202206 2.990 114.558 3.022
202209 3.132 115.339 3.144
202212 3.543 115.116 3.564
202303 4.192 115.116 4.216
202306 3.911 114.558 3.953
202309 4.158 115.339 4.174
202312 3.140 114.781 3.167
202403 3.471 115.227 3.488
202406 3.850 114.781 3.884
202409 3.274 115.785 3.274

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.


Sunwave Communications Co  (SZSE:002115) 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.


Sunwave Communications Co Cyclically Adjusted PS Ratio Related Terms

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Sunwave Communications Co Business Description

Traded in Other Exchanges
N/A
Address
No. 581 Torch Avenue, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053
Sunwave Communications Co Ltd is principally engaged in the manufacturing and sale of communication equipment in China. The company also provide system integration services and development, and are involved in the sale of wireless electronic devices.
Executives
Li Yue Lun Directors, executives
Zheng Jian Bo Director
Li Wei Yi Supervisors
Zhang Jian Zhou Executives
Li Guan Xiong Securities Affairs Representative
Li Jun Director
Wu Zhi Jian Executives
Li Gang Directors, executives
Hong Ge Executives
Lu Yuan Ji Director
Wang Ping Directors, executives
Zhou Yin Executives
Cao Yong Fu Supervisors
Zhou Mei Fei Director
Jin Li Executives

Sunwave Communications Co Headlines

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