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Guangdong TCL Smart Home Appliances Co (SZSE:002668) Cyclically Adjusted PS Ratio : 0.96 (As of May. 09, 2025)


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What is Guangdong TCL Smart Home Appliances Co Cyclically Adjusted PS Ratio?

As of today (2025-05-09), Guangdong TCL Smart Home Appliances Co's current share price is ¥10.66. Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥11.13. Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted PS Ratio for today is 0.96.

The historical rank and industry rank for Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002668' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.69   Max: 1.22
Current: 0.92

During the past years, Guangdong TCL Smart Home Appliances Co's highest Cyclically Adjusted PS Ratio was 1.22. The lowest was 0.48. And the median was 0.69.

SZSE:002668's Cyclically Adjusted PS Ratio is ranked worse than
55.7% of 307 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.77 vs SZSE:002668: 0.92

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.

Guangdong TCL Smart Home Appliances Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥4.266. 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 ¥11.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong TCL Smart Home Appliances Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangdong TCL Smart Home Appliances 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.

Guangdong TCL Smart Home Appliances Co Cyclically Adjusted PS Ratio Chart

Guangdong TCL Smart Home Appliances Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.66 0.59 0.68 1.21

Guangdong TCL Smart Home Appliances Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.78 0.89 1.10 1.21 1.04

Competitive Comparison of Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Guangdong TCL Smart Home Appliances 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.


Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted PS Ratio falls into.


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Guangdong TCL Smart Home Appliances 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.

Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.66/11.13
=0.96

* 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.

Guangdong TCL Smart Home Appliances Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Guangdong TCL Smart Home Appliances Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.266/115.1156*115.1156
=4.266

Current CPI (Mar. 2025) = 115.1156.

Guangdong TCL Smart Home Appliances Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.252 99.500 2.605
201509 1.514 100.500 1.734
201512 1.124 100.600 1.286
201603 1.367 102.200 1.540
201606 4.971 101.400 5.643
201609 5.343 102.400 6.006
201612 1.338 102.600 1.501
201703 1.206 103.200 1.345
201706 1.862 103.100 2.079
201709 3.019 104.100 3.338
201712 2.808 104.500 3.093
201803 2.684 105.300 2.934
201806 3.387 104.900 3.717
201809 2.072 106.600 2.238
201812 1.602 106.500 1.732
201903 1.476 107.700 1.578
201906 2.066 107.700 2.208
201909 1.619 109.800 1.697
201912 1.519 111.200 1.572
202003 1.213 112.300 1.243
202006 2.061 110.400 2.149
202009 2.253 111.700 2.322
202012 2.308 111.500 2.383
202103 2.058 112.662 2.103
202106 2.448 111.769 2.521
202109 2.591 112.215 2.658
202112 1.845 113.108 1.878
202203 1.837 114.335 1.850
202206 1.695 114.558 1.703
202209 1.949 115.339 1.945
202212 5.373 115.116 5.373
202303 3.107 115.116 3.107
202306 3.520 114.558 3.537
202309 3.835 115.339 3.828
202312 3.628 114.781 3.639
202403 3.912 115.227 3.908
202406 4.350 114.781 4.363
202409 4.596 115.785 4.569
202412 4.071 114.893 4.079
202503 4.266 115.116 4.266

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.


Guangdong TCL Smart Home Appliances Co  (SZSE:002668) 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.


Guangdong TCL Smart Home Appliances Co Cyclically Adjusted PS Ratio Related Terms

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Guangdong TCL Smart Home Appliances Co Business Description

Traded in Other Exchanges
N/A
Address
No. 54 Dongfu North Road, Nantou Town, Guangdong Province, Zhongshan, CHN, 528427
Guangdong TCL Smart Home Appliances Co Ltd is a China based company engaged in manufacturing of refrigerators. Its products include combined fridge freezer, double door refrigerator, upright freezer, wine cellar, beverage cooler, mini bar fridge, and under counter fridge, among others.
Executives
Zhao Guo Dong Secretary, Director
Yu Wei Bao Executives
Zhang Feng Yi Independent director
Zhou Jiang Hai Securities Affairs Representative
Long Yong Xian Supervisors
Liu Zhan Cheng Directors, executives
Jiang Wen Hong Supervisors
Guan Zhi Hua Executives
Su Dong Ping Director

Guangdong TCL Smart Home Appliances Co Headlines

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