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Zhejiang Founder Motor Co (SZSE:002196) Cyclically Adjusted PS Ratio : 1.21 (As of Jun. 09, 2024)


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What is Zhejiang Founder Motor Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Zhejiang Founder Motor Co's current share price is ¥4.17. Zhejiang Founder Motor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.45. Zhejiang Founder Motor Co's Cyclically Adjusted PS Ratio for today is 1.21.

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

SZSE:002196' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.62   Max: 8.24
Current: 1.21

During the past years, Zhejiang Founder Motor Co's highest Cyclically Adjusted PS Ratio was 8.24. The lowest was 1.21. And the median was 2.62.

SZSE:002196's Cyclically Adjusted PS Ratio is ranked better than
56.28% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs SZSE:002196: 1.21

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.

Zhejiang Founder Motor Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.979. 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 ¥3.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Founder Motor Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zhejiang Founder Motor 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.

Zhejiang Founder Motor Co Cyclically Adjusted PS Ratio Chart

Zhejiang Founder Motor 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 1.83 2.68 4.05 2.33 2.11

Zhejiang Founder Motor 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 2.32 2.20 1.99 2.11 1.74

Competitive Comparison of Zhejiang Founder Motor Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Zhejiang Founder Motor 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.


Zhejiang Founder Motor Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Founder Motor Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Zhejiang Founder Motor 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.

Zhejiang Founder Motor Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.17/3.45
=1.21

* 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.

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

For example, Zhejiang Founder Motor 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)
=0.979/115.2271*115.2271
=0.979

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Founder Motor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.520 98.200 0.610
201409 0.747 98.900 0.870
201412 0.780 99.000 0.908
201503 0.640 99.900 0.738
201506 0.587 99.500 0.680
201509 0.571 100.500 0.655
201512 0.746 100.600 0.854
201603 0.516 102.200 0.582
201606 0.529 101.400 0.601
201609 0.937 102.400 1.054
201612 0.756 102.600 0.849
201703 0.564 103.200 0.630
201706 0.646 103.100 0.722
201709 0.742 104.100 0.821
201712 0.925 104.500 1.020
201803 0.723 105.300 0.791
201806 0.598 104.900 0.657
201809 0.751 106.600 0.812
201812 0.997 106.500 1.079
201903 0.589 107.700 0.630
201906 0.706 107.700 0.755
201909 0.560 109.800 0.588
201912 0.336 111.200 0.348
202003 0.335 112.300 0.344
202006 0.562 110.400 0.587
202009 0.694 111.700 0.716
202012 0.807 111.500 0.834
202103 0.882 112.662 0.902
202106 0.972 111.769 1.002
202109 1.147 112.215 1.178
202112 1.000 113.108 1.019
202203 1.148 114.335 1.157
202206 1.002 114.558 1.008
202209 1.215 115.339 1.214
202212 1.270 115.116 1.271
202303 0.894 115.116 0.895
202306 1.141 114.558 1.148
202309 1.207 115.339 1.206
202312 1.781 114.781 1.788
202403 0.979 115.227 0.979

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.


Zhejiang Founder Motor Co  (SZSE:002196) 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.


Zhejiang Founder Motor Co Cyclically Adjusted PS Ratio Related Terms

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


Zhejiang Founder Motor Co (SZSE:002196) Business Description

Traded in Other Exchanges
N/A
Address
No. 24 Tianning Industrial Zone, Lishui, Zhejiang, CHN, 323000
Zhejiang Founder Motor Co Ltd is a China-based company engaged in research and development, production and sale of micro special motors. The company is also specialized in energy-saving and new-energy vehicle drivetrains and automotive control systems. Its products include EV motors, automotive motors, energy vehicle motor drives, energy commercial vehicle drive systems, and car controls. The company's products are used in low-speed electric vehicles, light trucks, low-voltage electric vehicles, passenger cars and engineering vehicles.
Executives
Zhang Chi Director
Niu Ming Kui Executives
Yang Xiao Hong Supervisors
Zhang Min Directors, executives
Mou Jian Secretary, Director
Weng Wei Wen Director
Zhou Jian Supervisors
Ma Bin Wu Supervisors
Zheng Lian Ming Independent director
Cai Jun Biao Director
Mao Xiao Jian Director
Shu Lin Yan Securities Affairs Representative
Shen Hu Supervisors
Liu Guo Ping Director
Qian Jin Director

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