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East China Engineering Science And Technology Co (SZSE:002140) Cyclically Adjusted PS Ratio : 1.01 (As of May. 18, 2024)


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What is East China Engineering Science And Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-18), East China Engineering Science And Technology Co's current share price is ¥8.70. East China Engineering Science And Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥8.60. East China Engineering Science And Technology Co's Cyclically Adjusted PS Ratio for today is 1.01.

The historical rank and industry rank for East China Engineering Science And Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002140' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.3   Max: 4.45
Current: 1.02

During the past years, East China Engineering Science And Technology Co's highest Cyclically Adjusted PS Ratio was 4.45. The lowest was 0.81. And the median was 1.30.

SZSE:002140's Cyclically Adjusted PS Ratio is ranked worse than
64.68% of 1277 companies
in the Construction industry
Industry Median: 0.64 vs SZSE:002140: 1.02

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.

East China Engineering Science And Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.584. 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 ¥8.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


East China Engineering Science And Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East China Engineering Science And 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.

East China Engineering Science And Technology Co Cyclically Adjusted PS Ratio Chart

East China Engineering Science And Technology 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 1.13 1.02 1.97 1.13 1.01

East China Engineering Science And Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.22 1.10 1.05 1.01 0.91

Competitive Comparison of East China Engineering Science And Technology Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, East China Engineering Science And 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.


East China Engineering Science And Technology Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, East China Engineering Science And Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where East China Engineering Science And Technology Co's Cyclically Adjusted PS Ratio falls into.



East China Engineering Science And 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.

East China Engineering Science And Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.70/8.6
=1.01

* 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.

East China Engineering Science And Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, East China Engineering Science And Technology Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.584/115.2271*115.2271
=2.584

Current CPI (Mar. 2024) = 115.2271.

East China Engineering Science And Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.181 98.200 1.386
201409 1.208 98.900 1.407
201412 3.338 99.000 3.885
201503 0.670 99.900 0.773
201506 1.199 99.500 1.389
201509 0.756 100.500 0.867
201512 4.105 100.600 4.702
201603 0.484 102.200 0.546
201606 0.906 101.400 1.030
201609 0.626 102.400 0.704
201612 1.031 102.600 1.158
201703 0.577 103.200 0.644
201706 1.005 103.100 1.123
201709 1.195 104.100 1.323
201712 2.545 104.500 2.806
201803 0.756 105.300 0.827
201806 1.452 104.900 1.595
201809 1.852 106.600 2.002
201812 3.631 106.500 3.929
201903 0.798 107.700 0.854
201906 1.785 107.700 1.910
201909 1.820 109.800 1.910
201912 4.038 111.200 4.184
202003 0.476 112.300 0.488
202006 1.809 110.400 1.888
202009 2.614 111.700 2.697
202012 4.776 111.500 4.936
202103 1.533 112.662 1.568
202106 2.575 111.769 2.655
202109 2.930 112.215 3.009
202112 4.032 113.108 4.108
202203 1.362 114.335 1.373
202206 2.356 114.558 2.370
202209 3.013 115.339 3.010
202212 4.075 115.116 4.079
202303 1.231 115.116 1.232
202306 3.722 114.558 3.744
202309 3.490 115.339 3.487
202312 2.259 114.781 2.268
202403 2.584 115.227 2.584

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.


East China Engineering Science And Technology Co  (SZSE:002140) 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.


East China Engineering Science And Technology Co Cyclically Adjusted PS Ratio Related Terms

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


East China Engineering Science And Technology Co (SZSE:002140) Business Description

Traded in Other Exchanges
N/A
Address
No. 669 Changjian West Road, New and High-tech Development Zone, Hefei, Anhui, CHN, 230088
East China Engineering Science And Technology Co Ltd is a China-based company engaged in engineering projects contracting, as well as engineering design and technical businesses. It provides its services mainly to chemical, petrochemical, coal chemical, environment protection, and construction industries, among others. The company operates its businesses in domestic and overseas markets.

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