GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sanquan Food Co Ltd (SZSE:002216) » Definitions » Cyclically Adjusted PS Ratio

Sanquan Food Co (SZSE:002216) Cyclically Adjusted PS Ratio : 1.79 (As of May. 22, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Sanquan Food Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Sanquan Food Co's current share price is ¥12.92. Sanquan Food Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.23. Sanquan Food Co's Cyclically Adjusted PS Ratio for today is 1.79.

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

SZSE:002216' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.3   Max: 6.45
Current: 1.8

During the past years, Sanquan Food Co's highest Cyclically Adjusted PS Ratio was 6.45. The lowest was 1.04. And the median was 2.30.

SZSE:002216's Cyclically Adjusted PS Ratio is ranked worse than
74.35% of 1376 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs SZSE:002216: 1.80

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.

Sanquan Food Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.551. 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 ¥7.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanquan Food Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sanquan Food 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.

Sanquan Food Co Cyclically Adjusted PS Ratio Chart

Sanquan Food 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 2.49 4.11 3.24 2.72 1.88

Sanquan Food 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 2.38 2.24 2.07 1.88 1.65

Competitive Comparison of Sanquan Food Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Sanquan Food 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.


Sanquan Food Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanquan Food Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sanquan Food 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.92/7.23
=1.79

* 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.

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

For example, Sanquan Food 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)
=2.551/115.2271*115.2271
=2.551

Current CPI (Mar. 2024) = 115.2271.

Sanquan Food Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.910 98.200 1.068
201409 1.542 98.900 1.797
201412 1.174 99.000 1.366
201503 1.453 99.900 1.676
201506 1.227 99.500 1.421
201509 1.325 100.500 1.519
201512 1.056 100.600 1.210
201603 1.419 102.200 1.600
201606 1.558 101.400 1.770
201609 1.512 102.400 1.701
201612 1.959 102.600 2.200
201703 1.734 103.200 1.936
201706 1.428 103.100 1.596
201709 1.345 104.100 1.489
201712 1.550 104.500 1.709
201803 1.754 105.300 1.919
201806 1.632 104.900 1.793
201809 1.385 106.600 1.497
201812 1.764 106.500 1.909
201903 1.296 107.700 1.387
201906 1.277 107.700 1.366
201909 1.145 109.800 1.202
201912 1.740 111.200 1.803
202003 2.503 112.300 2.568
202006 2.072 110.400 2.163
202009 1.701 111.700 1.755
202012 1.699 111.500 1.756
202103 2.651 112.662 2.711
202106 1.730 111.769 1.784
202109 1.638 112.215 1.682
202112 1.870 113.108 1.905
202203 2.693 114.335 2.714
202206 1.661 114.558 1.671
202209 1.743 115.339 1.741
202212 2.343 115.116 2.345
202303 2.718 115.116 2.721
202306 1.695 114.558 1.705
202309 1.768 115.339 1.766
202312 1.830 114.781 1.837
202403 2.551 115.227 2.551

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.


Sanquan Food Co  (SZSE:002216) 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.


Sanquan Food Co Cyclically Adjusted PS Ratio Related Terms

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


Sanquan Food Co (SZSE:002216) Business Description

Traded in Other Exchanges
N/A
Address
Tianhe Road, the middle Huiji, Zhengzhou, CHN, 50044
Sanquan Food Co Ltd is a China-based company principally engaged in the production and distribution of quick-frozen food products. The company has two well-known brands - Sanquan and Longfeng.

Sanquan Food Co (SZSE:002216) Headlines

No Headlines