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Shenzhen Fuanna Bedding and Furnishing Co (SZSE:002327) Cyclically Adjusted PS Ratio : 3.00 (As of Jun. 20, 2024)


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What is Shenzhen Fuanna Bedding and Furnishing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Shenzhen Fuanna Bedding and Furnishing Co's current share price is ¥10.28. Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.43. Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted PS Ratio for today is 3.00.

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

SZSE:002327' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 2.72   Max: 5.37
Current: 3.22

During the past years, Shenzhen Fuanna Bedding and Furnishing Co's highest Cyclically Adjusted PS Ratio was 5.37. The lowest was 2.00. And the median was 2.72.

SZSE:002327's Cyclically Adjusted PS Ratio is ranked worse than
88.11% of 875 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs SZSE:002327: 3.22

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.

Shenzhen Fuanna Bedding and Furnishing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.799. 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 ¥3.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Fuanna Bedding and Furnishing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shenzhen Fuanna Bedding and Furnishing 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.

Shenzhen Fuanna Bedding and Furnishing Co Cyclically Adjusted PS Ratio Chart

Shenzhen Fuanna Bedding and Furnishing 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 2.55 2.63 2.72 2.13 2.63

Shenzhen Fuanna Bedding and Furnishing 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 2.43 2.52 2.62 2.63 3.14

Competitive Comparison of Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Shenzhen Fuanna Bedding and Furnishing 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.


Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted PS Ratio falls into.



Shenzhen Fuanna Bedding and Furnishing 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.

Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.28/3.43
=3.00

* 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.

Shenzhen Fuanna Bedding and Furnishing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen Fuanna Bedding and Furnishing 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)
=0.799/115.2271*115.2271
=0.799

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Fuanna Bedding and Furnishing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.459 98.200 0.539
201409 0.516 98.900 0.601
201412 0.814 99.000 0.947
201503 0.549 99.900 0.633
201506 0.457 99.500 0.529
201509 0.516 100.500 0.592
201512 0.964 100.600 1.104
201603 0.536 102.200 0.604
201606 0.511 101.400 0.581
201609 0.566 102.400 0.637
201612 0.970 102.600 1.089
201703 0.490 103.200 0.547
201706 0.602 103.100 0.673
201709 0.634 104.100 0.702
201712 1.403 104.500 1.547
201803 0.627 105.300 0.686
201806 0.675 104.900 0.741
201809 0.700 106.600 0.757
201812 1.483 106.500 1.605
201903 0.579 107.700 0.619
201906 0.711 107.700 0.761
201909 0.692 109.800 0.726
201912 1.330 111.200 1.378
202003 0.603 112.300 0.619
202006 0.712 110.400 0.743
202009 0.725 111.700 0.748
202012 1.409 111.500 1.456
202103 0.745 112.662 0.762
202106 0.881 111.769 0.908
202109 0.824 112.215 0.846
202112 1.455 113.108 1.482
202203 0.827 114.335 0.833
202206 0.816 114.558 0.821
202209 0.778 115.339 0.777
202212 1.318 115.116 1.319
202303 0.726 115.116 0.727
202306 0.784 114.558 0.789
202309 0.769 115.339 0.768
202312 1.310 114.781 1.315
202403 0.799 115.227 0.799

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.


Shenzhen Fuanna Bedding and Furnishing Co  (SZSE:002327) 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.


Shenzhen Fuanna Bedding and Furnishing Co Cyclically Adjusted PS Ratio Related Terms

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


Shenzhen Fuanna Bedding and Furnishing Co (SZSE:002327) Business Description

Traded in Other Exchanges
N/A
Address
Entrepreneur Nanyou Avenue West Road, Building 1, Bicycle Processing Factory, Nanshan District, Guangdong, Shenzhen, CHN, 518054
Shenzhen Fuanna Bedding and Furnishing Co Ltd is a Chinese company involved in the home textile industry. It operates under four main brands: Fuanna, Bravo, Versai and St Foire.
Executives
Wang Kui Executives
Lin Guo Fang Directors, executives
He Xue Qing Directors, executives
Chen Guo Hong Directors, executives
Ming Chun Supervisors
Zhang Mei Supervisors
Tai Jian Shu Executives
Xiao Lin Chun Executives
Hu Zhen Chao Directors, executives
Wei Yin Rui Executives
Mei Lian Qing Directors, executives

Shenzhen Fuanna Bedding and Furnishing Co (SZSE:002327) Headlines

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