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Zhejiang Giuseppe Garment Co (SZSE:002687) Cyclically Adjusted PS Ratio : 2.14 (As of May. 27, 2024)


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What is Zhejiang Giuseppe Garment Co Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Zhejiang Giuseppe Garment Co's current share price is ¥4.53. Zhejiang Giuseppe Garment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.12. Zhejiang Giuseppe Garment Co's Cyclically Adjusted PS Ratio for today is 2.14.

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

SZSE:002687' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.06   Med: 2.43   Max: 4.15
Current: 2.15

During the past years, Zhejiang Giuseppe Garment Co's highest Cyclically Adjusted PS Ratio was 4.15. The lowest was 2.06. And the median was 2.43.

SZSE:002687's Cyclically Adjusted PS Ratio is ranked worse than
82.75% of 858 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs SZSE:002687: 2.15

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.

Zhejiang Giuseppe Garment Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.554. 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 ¥2.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Giuseppe Garment Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zhejiang Giuseppe Garment 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.

Zhejiang Giuseppe Garment Co Cyclically Adjusted PS Ratio Chart

Zhejiang Giuseppe Garment 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 - 2.55 2.63 2.48 2.53

Zhejiang Giuseppe Garment 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 2.39 2.40 2.50 2.53 2.80

Competitive Comparison of Zhejiang Giuseppe Garment Co's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Zhejiang Giuseppe Garment 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.


Zhejiang Giuseppe Garment Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Giuseppe Garment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Giuseppe Garment Co's Cyclically Adjusted PS Ratio falls into.



Zhejiang Giuseppe Garment 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.

Zhejiang Giuseppe Garment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.53/2.12
=2.14

* 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.

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

For example, Zhejiang Giuseppe Garment 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)
=0.554/115.2271*115.2271
=0.554

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Giuseppe Garment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.344 98.200 0.404
201409 0.256 98.900 0.298
201412 0.434 99.000 0.505
201503 0.308 99.900 0.355
201506 0.298 99.500 0.345
201509 0.327 100.500 0.375
201512 0.459 100.600 0.526
201603 0.322 102.200 0.363
201606 0.392 101.400 0.445
201609 0.163 102.400 0.183
201612 0.435 102.600 0.489
201703 0.233 103.200 0.260
201706 0.477 103.100 0.533
201709 0.387 104.100 0.428
201712 0.459 104.500 0.506
201803 0.341 105.300 0.373
201806 0.462 104.900 0.507
201809 0.478 106.600 0.517
201812 0.656 106.500 0.710
201903 0.467 107.700 0.500
201906 0.475 107.700 0.508
201909 0.469 109.800 0.492
201912 0.804 111.200 0.833
202003 0.363 112.300 0.372
202006 0.491 110.400 0.512
202009 0.503 111.700 0.519
202012 0.765 111.500 0.791
202103 0.495 112.662 0.506
202106 0.485 111.769 0.500
202109 0.696 112.215 0.715
202112 1.014 113.108 1.033
202203 0.530 114.335 0.534
202206 0.561 114.558 0.564
202209 0.700 115.339 0.699
202212 0.711 115.116 0.712
202303 0.417 115.116 0.417
202306 0.655 114.558 0.659
202309 0.667 115.339 0.666
202312 0.972 114.781 0.976
202403 0.554 115.227 0.554

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.


Zhejiang Giuseppe Garment Co  (SZSE:002687) 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.


Zhejiang Giuseppe Garment Co Cyclically Adjusted PS Ratio Related Terms

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


Zhejiang Giuseppe Garment Co (SZSE:002687) Business Description

Traded in Other Exchanges
N/A
Address
No. 588, Pingrui Road, Pingyang County, Zhejiang Province, Kunyang Town, CHN, 325400
Zhejiang Giuseppe Garment Co Ltd is engaged in Production and sales of professional wear, men's wear and casual wear under the George White brand.
Executives
Zhou Jiang Jiang Director
Chi Fang Ran Director
Chen Yong Xia Directors, executives
Wang You Su Director
Li Jun Chou Supervisors
Li Bu Zhong Director
Fu Shao Ming Director
Jiang Cheng Qing Director
Jiang Xin Liang Supervisors

Zhejiang Giuseppe Garment Co (SZSE:002687) Headlines

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