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Youngy Co (SZSE:002192) Cyclically Adjusted PS Ratio : 11.59 (As of May. 15, 2024)


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What is Youngy Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Youngy Co's current share price is ¥35.11. Youngy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.03. Youngy Co's Cyclically Adjusted PS Ratio for today is 11.59.

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

SZSE:002192' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.97   Med: 7.84   Max: 60.17
Current: 12.17

During the past years, Youngy Co's highest Cyclically Adjusted PS Ratio was 60.17. The lowest was 2.97. And the median was 7.84.

SZSE:002192's Cyclically Adjusted PS Ratio is ranked worse than
96.68% of 1204 companies
in the Chemicals industry
Industry Median: 1.24 vs SZSE:002192: 12.17

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.

Youngy Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.317. 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 ¥3.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Youngy Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Youngy 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.

Youngy Co Cyclically Adjusted PS Ratio Chart

Youngy 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 6.00 11.56 43.74 31.89 17.72

Youngy 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 24.70 21.59 17.71 17.72 12.78

Competitive Comparison of Youngy Co's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Youngy 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.


Youngy Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Youngy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Youngy 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.11/3.03
=11.59

* 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.

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

For example, Youngy 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)
=0.317/114.6694*114.6694
=0.317

Current CPI (Mar. 2024) = 114.6694.

Youngy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.644 98.200 1.920
201409 0.383 98.900 0.444
201412 0.209 99.000 0.242
201503 0.181 99.900 0.208
201506 0.064 99.500 0.074
201509 0.278 100.500 0.317
201512 0.478 100.600 0.545
201603 0.146 102.200 0.164
201606 0.191 101.400 0.216
201609 0.270 102.400 0.302
201612 0.322 102.600 0.360
201703 0.189 103.200 0.210
201706 0.172 103.100 0.191
201709 0.290 104.100 0.319
201712 0.419 104.500 0.460
201803 0.123 105.300 0.134
201806 0.609 104.900 0.666
201809 0.276 106.600 0.297
201812 0.469 106.500 0.505
201903 0.119 107.700 0.127
201906 0.412 107.700 0.439
201909 0.215 109.800 0.225
201912 0.294 111.200 0.303
202003 0.116 112.300 0.118
202006 0.353 110.400 0.367
202009 0.263 111.700 0.270
202012 0.765 111.500 0.787
202103 0.416 112.662 0.423
202106 0.876 111.769 0.899
202109 0.809 112.215 0.827
202112 1.446 113.108 1.466
202203 1.841 114.335 1.846
202206 1.960 114.558 1.962
202209 2.678 115.339 2.662
202212 5.046 115.116 5.026
202303 0.746 115.116 0.743
202306 1.701 114.558 1.703
202309 0.782 115.339 0.777
202312 1.435 114.669 1.435
202403 0.317 114.669 0.317

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.


Youngy Co  (SZSE:002192) 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.


Youngy Co Cyclically Adjusted PS Ratio Related Terms

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


Youngy Co (SZSE:002192) Business Description

Traded in Other Exchanges
N/A
Address
Guangzhou Zhujiang Road, Main Tower, 45th floor, unit 04-05, 5th Guangzhou International Finance Center, Tianhe District, Guangzhou, CHN, 510635
Youngy Co Ltd is engaged in the production and sale of asphalt products. The company is also involved in the lithium production business. Its main products include Lithium concentrate, Industrial grade lithium carbonate, Battery grade lithium carbonate, Lithium hydroxide monohydrate. Its products used in chemical, metallurgy, petroleum, glass, ceramic industry.

Youngy Co (SZSE:002192) Headlines

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