GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Baoding Technology Co Ltd (SZSE:002552) » Definitions » Cyclically Adjusted PS Ratio

Baoding Technology Co (SZSE:002552) Cyclically Adjusted PS Ratio : 5.76 (As of Jun. 22, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Baoding Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Baoding Technology Co's current share price is ¥13.18. Baoding Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.29. Baoding Technology Co's Cyclically Adjusted PS Ratio for today is 5.76.

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

SZSE:002552' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.77   Med: 11.28   Max: 23.13
Current: 5.75

During the past years, Baoding Technology Co's highest Cyclically Adjusted PS Ratio was 23.13. The lowest was 4.77. And the median was 11.28.

SZSE:002552's Cyclically Adjusted PS Ratio is ranked worse than
89.73% of 2200 companies
in the Industrial Products industry
Industry Median: 1.4 vs SZSE:002552: 5.75

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.

Baoding Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.581. 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 ¥2.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baoding Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Baoding Technology 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.

Baoding Technology Co Cyclically Adjusted PS Ratio Chart

Baoding Technology 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 19.73 11.51 13.29 9.71 6.58

Baoding Technology 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 10.77 9.91 8.90 6.58 5.80

Competitive Comparison of Baoding Technology Co's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Baoding Technology 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.


Baoding Technology Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Baoding Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.18/2.29
=5.76

* 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.

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

For example, Baoding Technology 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)
=1.581/115.2271*115.2271
=1.581

Current CPI (Mar. 2024) = 115.2271.

Baoding Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.233 98.200 0.273
201409 0.229 98.900 0.267
201412 0.346 99.000 0.403
201503 0.236 99.900 0.272
201506 0.309 99.500 0.358
201509 0.406 100.500 0.465
201512 0.187 100.600 0.214
201603 0.118 102.200 0.133
201606 0.191 101.400 0.217
201609 0.136 102.400 0.153
201612 0.156 102.600 0.175
201703 0.134 103.200 0.150
201706 0.309 103.100 0.345
201709 0.256 104.100 0.283
201712 0.216 104.500 0.238
201803 0.239 105.300 0.262
201806 0.201 104.900 0.221
201809 0.302 106.600 0.326
201812 0.279 106.500 0.302
201903 0.400 107.700 0.428
201906 0.212 107.700 0.227
201909 0.175 109.800 0.184
201912 0.288 111.200 0.298
202003 0.174 112.300 0.179
202006 0.250 110.400 0.261
202009 0.327 111.700 0.337
202012 0.252 111.500 0.260
202103 0.298 112.662 0.305
202106 0.261 111.769 0.269
202109 0.329 112.215 0.338
202112 0.307 113.108 0.313
202203 0.530 114.335 0.534
202206 0.248 114.558 0.249
202209 0.785 115.339 0.784
202212 4.126 115.116 4.130
202303 1.516 115.116 1.517
202306 1.287 114.558 1.295
202309 1.836 115.339 1.834
202312 2.511 114.781 2.521
202403 1.581 115.227 1.581

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.


Baoding Technology Co  (SZSE:002552) 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.


Baoding Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Baoding Technology Co (SZSE:002552) Business Description

Traded in Other Exchanges
N/A
Address
Inside Industrial Park Zone, Tangqi Town, Yuhang, Hangzhou, CHN, 311106
Baoding Technology Co Ltd is engaged in the research and development, production and sales of large castings and forgings which includes free forgings, die forgings, and steel forgings.
Executives
Zhu Bao Song Director
Jiang Yi Min Director
Jiang Bing Executives
Xin Jin Guo Director
Qian Shao Lun Executives

Baoding Technology Co (SZSE:002552) Headlines

No Headlines