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Beijing Shengtong Printing Co (SZSE:002599) Cyclically Adjusted PS Ratio : 1.39 (As of Jun. 21, 2024)


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What is Beijing Shengtong Printing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Beijing Shengtong Printing Co's current share price is ¥5.09. Beijing Shengtong Printing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.66. Beijing Shengtong Printing Co's Cyclically Adjusted PS Ratio for today is 1.39.

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

SZSE:002599' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.84   Max: 3.64
Current: 1.48

During the past years, Beijing Shengtong Printing Co's highest Cyclically Adjusted PS Ratio was 3.64. The lowest was 1.24. And the median was 1.84.

SZSE:002599's Cyclically Adjusted PS Ratio is ranked worse than
65.33% of 698 companies
in the Business Services industry
Industry Median: 0.87 vs SZSE:002599: 1.48

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.

Beijing Shengtong Printing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.897. 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 ¥3.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Shengtong Printing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing Shengtong Printing 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.

Beijing Shengtong Printing Co Cyclically Adjusted PS Ratio Chart

Beijing Shengtong Printing 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 1.97 1.52 2.65 1.58 1.86

Beijing Shengtong Printing 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 1.97 2.66 1.82 1.86 1.84

Competitive Comparison of Beijing Shengtong Printing Co's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Beijing Shengtong Printing 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.


Beijing Shengtong Printing Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Beijing Shengtong Printing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Shengtong Printing Co's Cyclically Adjusted PS Ratio falls into.



Beijing Shengtong Printing 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.

Beijing Shengtong Printing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.09/3.66
=1.39

* 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.

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

For example, Beijing Shengtong Printing 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)
=0.897/115.2271*115.2271
=0.897

Current CPI (Mar. 2024) = 115.2271.

Beijing Shengtong Printing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.314 98.200 0.368
201409 0.350 98.900 0.408
201412 0.436 99.000 0.507
201503 0.344 99.900 0.397
201506 0.367 99.500 0.425
201509 0.364 100.500 0.417
201512 0.392 100.600 0.449
201603 0.273 102.200 0.308
201606 0.431 101.400 0.490
201609 1.010 102.400 1.137
201612 0.966 102.600 1.085
201703 1.004 103.200 1.121
201706 0.589 103.100 0.658
201709 0.697 104.100 0.772
201712 0.732 104.500 0.807
201803 0.658 105.300 0.720
201806 0.951 104.900 1.045
201809 0.947 106.600 1.024
201812 0.971 106.500 1.051
201903 0.681 107.700 0.729
201906 1.498 107.700 1.603
201909 1.017 109.800 1.067
201912 1.129 111.200 1.170
202003 0.688 112.300 0.706
202006 0.626 110.400 0.653
202009 1.213 111.700 1.251
202012 1.383 111.500 1.429
202103 1.046 112.662 1.070
202106 1.156 111.769 1.192
202109 1.154 112.215 1.185
202112 0.937 113.108 0.955
202203 1.033 114.335 1.041
202206 0.832 114.558 0.837
202209 1.217 115.339 1.216
202212 1.557 115.116 1.559
202303 1.110 115.116 1.111
202306 1.130 114.558 1.137
202309 1.106 115.339 1.105
202312 1.454 114.781 1.460
202403 0.897 115.227 0.897

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.


Beijing Shengtong Printing Co  (SZSE:002599) 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.


Beijing Shengtong Printing Co Cyclically Adjusted PS Ratio Related Terms

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


Beijing Shengtong Printing Co (SZSE:002599) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jinghai 3rd Road, Beijing Economic and Technological Development Zone, Beijing, CHN, 100176
Beijing Shengtong Printing Co Ltd is a Chinese company that provides full-color magazines, high-volume business propaganda materials, color printing and comprehensive printing services.
Executives
Li Yan Qiu Directors, executives
Tang Wu Director
Cai Jian Jun Director
Tang Zheng Jun Directors, executives
Hou Jing Gang Directors, executives
Jia Chun Lin Director
Li Qing Qi Director
Xiao Wei Secretary Dong
Jia Xi Executives
Liang Ling Ling Director
Yin Qing Yun Supervisors

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