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Guangzhou KDT Machinery Co (SZSE:002833) Cyclically Adjusted PS Ratio : 5.20 (As of Jun. 08, 2024)


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What is Guangzhou KDT Machinery Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Guangzhou KDT Machinery Co's current share price is ¥19.93. Guangzhou KDT Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.83. Guangzhou KDT Machinery Co's Cyclically Adjusted PS Ratio for today is 5.20.

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

SZSE:002833' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.34   Med: 5.57   Max: 5.66
Current: 5.57

During the past years, Guangzhou KDT Machinery Co's highest Cyclically Adjusted PS Ratio was 5.66. The lowest was 5.34. And the median was 5.57.

SZSE:002833's Cyclically Adjusted PS Ratio is ranked worse than
88.8% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs SZSE:002833: 5.57

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.

Guangzhou KDT Machinery Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.610. 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 ¥3.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangzhou KDT Machinery Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangzhou KDT Machinery 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.

Guangzhou KDT Machinery Co Cyclically Adjusted PS Ratio Chart

Guangzhou KDT Machinery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Guangzhou KDT Machinery 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 - - - - 5.09

Competitive Comparison of Guangzhou KDT Machinery Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Guangzhou KDT Machinery 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.


Guangzhou KDT Machinery Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Guangzhou KDT Machinery Co's Cyclically Adjusted PS Ratio falls into.



Guangzhou KDT Machinery 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.

Guangzhou KDT Machinery Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.93/3.83
=5.20

* 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.

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

For example, Guangzhou KDT Machinery 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)
=1.61/115.2271*115.2271
=1.610

Current CPI (Mar. 2024) = 115.2271.

Guangzhou KDT Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201509 0.241 100.500 0.276
201512 0.290 100.600 0.332
201603 0.325 102.200 0.366
201606 0.433 101.400 0.492
201609 0.493 102.400 0.555
201612 0.453 102.600 0.509
201703 0.448 103.200 0.500
201706 0.519 103.100 0.580
201709 0.528 104.100 0.584
201712 0.458 104.500 0.505
201803 0.607 105.300 0.664
201806 0.827 104.900 0.908
201809 0.754 106.600 0.815
201812 0.630 106.500 0.682
201903 0.439 107.700 0.470
201906 0.857 107.700 0.917
201909 0.767 109.800 0.805
201912 0.774 111.200 0.802
202003 0.713 112.300 0.732
202006 0.996 110.400 1.040
202009 1.043 111.700 1.076
202012 1.210 111.500 1.250
202103 1.214 112.662 1.242
202106 1.614 111.769 1.664
202109 1.535 112.215 1.576
202112 1.235 113.108 1.258
202203 1.284 114.335 1.294
202206 1.179 114.558 1.186
202209 1.301 115.339 1.300
202212 1.244 115.116 1.245
202303 1.392 115.116 1.393
202306 1.722 114.558 1.732
202309 1.720 115.339 1.718
202312 1.445 114.781 1.451
202403 1.610 115.227 1.610

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.


Guangzhou KDT Machinery Co  (SZSE:002833) 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.


Guangzhou KDT Machinery Co Cyclically Adjusted PS Ratio Related Terms

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Guangzhou KDT Machinery Co (SZSE:002833) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Yunkai Road, Yunpu Industrial Park, Luogang District, Guangzhou, CHN, 510530
Guangzhou KDT Machinery Co Ltd is a manufacturing company. It manufactures and sells products including edge bander, panel saw, boring machine and among others.
Executives
Chen Da Jiang Directors, executives
Li Mao Hong Directors, executives
Liu Feng Hua Directors, executives
Liu Yu Hua Director
Directors, executives
Xu Li Jun Directors, executives
Xu Ming Supervisors
Wu Hai Yang Supervisors
Huang Xu Director
Yan Fu Hai Securities Affairs Representative
Mo Chen Xiao Directors, executives

Guangzhou KDT Machinery Co (SZSE:002833) Headlines

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