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Shenzhen Rapoo Technology Co (SZSE:002577) Cyclically Adjusted PS Ratio : 7.43 (As of May. 17, 2024)


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What is Shenzhen Rapoo Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Shenzhen Rapoo Technology Co's current share price is ¥13.23. Shenzhen Rapoo Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.78. Shenzhen Rapoo Technology Co's Cyclically Adjusted PS Ratio for today is 7.43.

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

SZSE:002577' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.97   Med: 6.08   Max: 10.77
Current: 7.4

During the past years, Shenzhen Rapoo Technology Co's highest Cyclically Adjusted PS Ratio was 10.77. The lowest was 3.97. And the median was 6.08.

SZSE:002577's Cyclically Adjusted PS Ratio is ranked worse than
94.32% of 1920 companies
in the Hardware industry
Industry Median: 1.065 vs SZSE:002577: 7.40

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 Rapoo Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.292. 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 ¥1.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Rapoo Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shenzhen Rapoo 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.

Shenzhen Rapoo Technology Co Cyclically Adjusted PS Ratio Chart

Shenzhen Rapoo 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 5.65 5.69 6.42 6.06 9.68

Shenzhen Rapoo 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 7.79 9.13 8.66 9.68 8.06

Competitive Comparison of Shenzhen Rapoo Technology Co's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Shenzhen Rapoo 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.


Shenzhen Rapoo Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Rapoo Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shenzhen Rapoo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.23/1.78
=7.43

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

For example, Shenzhen Rapoo 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)
=0.292/115.2271*115.2271
=0.292

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Rapoo Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.476 98.200 0.559
201409 0.379 98.900 0.442
201412 0.407 99.000 0.474
201503 0.346 99.900 0.399
201506 0.467 99.500 0.541
201509 0.437 100.500 0.501
201512 0.525 100.600 0.601
201603 0.486 102.200 0.548
201606 0.449 101.400 0.510
201609 0.762 102.400 0.857
201612 0.511 102.600 0.574
201703 0.527 103.200 0.588
201706 0.536 103.100 0.599
201709 0.319 104.100 0.353
201712 0.465 104.500 0.513
201803 0.410 105.300 0.449
201806 0.378 104.900 0.415
201809 0.432 106.600 0.467
201812 0.406 106.500 0.439
201903 0.280 107.700 0.300
201906 0.348 107.700 0.372
201909 0.310 109.800 0.325
201912 0.420 111.200 0.435
202003 0.227 112.300 0.233
202006 0.433 110.400 0.452
202009 0.469 111.700 0.484
202012 0.352 111.500 0.364
202103 0.471 112.662 0.482
202106 0.439 111.769 0.453
202109 0.332 112.215 0.341
202112 0.471 113.108 0.480
202203 0.358 114.335 0.361
202206 0.411 114.558 0.413
202209 0.347 115.339 0.347
202212 0.443 115.116 0.443
202303 0.451 115.116 0.451
202306 0.279 114.558 0.281
202309 0.451 115.339 0.451
202312 0.316 114.781 0.317
202403 0.292 115.227 0.292

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 Rapoo Technology Co  (SZSE:002577) 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 Rapoo Technology Co Cyclically Adjusted PS Ratio Related Terms

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Shenzhen Rapoo Technology Co (SZSE:002577) Business Description

Traded in Other Exchanges
N/A
Address
Number 22, Jinxiu East Road, Daxing Industrial Zone, Kengzi Street, Pingshan New District, Guangdong, Shenzhen, CHN, 518122
Shenzhen Rapoo Technology Co Ltd is a China-based company engaged in the research and development, manufacture and distribution of computer peripheral equipment. Its products portfolio consists of mice, such as wireless laser mouse, wireless touch mouse, wireless optical mouse, Bluetooth optical mouse, and others; keyboards, such as wireless optical combos, wireless multi-media touchpad keyboards, wireless ultra-slim keyboards and others, as well as other peripheral equipment. The company distributes its products within domestic market and to overseas markets.

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