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Kehua Data Co (SZSE:002335) Cyclically Adjusted PS Ratio : 2.76 (As of May. 26, 2024)


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What is Kehua Data Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Kehua Data Co's current share price is ¥24.55. Kehua Data Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥8.89. Kehua Data Co's Cyclically Adjusted PS Ratio for today is 2.76.

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

SZSE:002335' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.03   Med: 3.56   Max: 7.79
Current: 2.79

During the past years, Kehua Data Co's highest Cyclically Adjusted PS Ratio was 7.79. The lowest was 2.03. And the median was 3.56.

SZSE:002335's Cyclically Adjusted PS Ratio is ranked worse than
72.15% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs SZSE:002335: 2.79

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.

Kehua Data Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.576. 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 ¥8.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kehua Data Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kehua Data 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.

Kehua Data Co Cyclically Adjusted PS Ratio Chart

Kehua Data 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 2.06 4.17 5.88 6.90 3.20

Kehua Data 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 6.26 4.60 3.69 3.20 3.25

Competitive Comparison of Kehua Data Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Kehua Data 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.


Kehua Data Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Kehua Data 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.55/8.89
=2.76

* 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.

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

For example, Kehua Data 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)
=2.576/115.2271*115.2271
=2.576

Current CPI (Mar. 2024) = 115.2271.

Kehua Data Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.679 98.200 0.797
201409 0.918 98.900 1.070
201412 1.884 99.000 2.193
201503 0.619 99.900 0.714
201506 0.664 99.500 0.769
201509 1.150 100.500 1.319
201512 1.956 100.600 2.240
201603 0.740 102.200 0.834
201606 0.948 101.400 1.077
201609 1.058 102.400 1.191
201612 1.309 102.600 1.470
201703 0.696 103.200 0.777
201706 1.216 103.100 1.359
201709 1.302 104.100 1.441
201712 1.888 104.500 2.082
201803 1.046 105.300 1.145
201806 1.953 104.900 2.145
201809 1.688 106.600 1.825
201812 2.496 106.500 2.701
201903 1.396 107.700 1.494
201906 2.153 107.700 2.303
201909 2.194 109.800 2.302
201912 2.776 111.200 2.877
202003 1.407 112.300 1.444
202006 2.234 110.400 2.332
202009 2.640 111.700 2.723
202012 2.752 111.500 2.844
202103 2.133 112.662 2.182
202106 2.641 111.769 2.723
202109 2.718 112.215 2.791
202112 3.029 113.108 3.086
202203 2.126 114.335 2.143
202206 2.677 114.558 2.693
202209 3.026 115.339 3.023
202212 4.513 115.116 4.517
202303 3.218 115.116 3.221
202306 4.178 114.558 4.202
202309 4.461 115.339 4.457
202312 5.808 114.781 5.831
202403 2.576 115.227 2.576

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.


Kehua Data Co  (SZSE:002335) 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.


Kehua Data Co Cyclically Adjusted PS Ratio Related Terms

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


Kehua Data Co (SZSE:002335) Business Description

Traded in Other Exchanges
N/A
Address
No. 457, Malong Road, Torch Park, Torch High-tech Zone, Fujian, Xiamen, CHN, 361006
Kehua Data Co Ltd engages in the research, development, manufacture, and sale of renewable energy and data center products. Its product offerings include central inverters, inverter containers, and central distribution systems; energy storage systems and converters, and storage batteries; grid-tied PV and string inverters; solar controllers, off-grid inverters and chargers, single and three phase inverters and others.
Executives
Lin Qing Min Executives
Chen Si Xiong Directors, executives
Lai Yong Chun Supervisors
Chen Hao Directors, executives
Tang Shan Executives
Lin Tao Directors, executives
Cui Jian Executives
Lin Yi Directors, executives
Lu Ming Fu Supervisors
Deng Hong Fei Executives
Su Rui Yu Executives
Liang Shu Zhan Supervisors
Huang Qing Feng Executives
Wu Jian Wen Directors, Directors, and Executives
Wu Hong Li Executives

Kehua Data Co (SZSE:002335) Headlines

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