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Zhejiang Weixing Intelligent Meter Stock Co (SZSE:002849) Cyclically Adjusted PS Ratio : 2.93 (As of Jun. 28, 2025)


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What is Zhejiang Weixing Intelligent Meter Stock Co Cyclically Adjusted PS Ratio?

As of today (2025-06-28), Zhejiang Weixing Intelligent Meter Stock Co's current share price is ¥15.87. Zhejiang Weixing Intelligent Meter Stock Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥5.41. Zhejiang Weixing Intelligent Meter Stock Co's Cyclically Adjusted PS Ratio for today is 2.93.

The historical rank and industry rank for Zhejiang Weixing Intelligent Meter Stock Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002849' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 2.92   Max: 3.39
Current: 2.93

During the past years, Zhejiang Weixing Intelligent Meter Stock Co's highest Cyclically Adjusted PS Ratio was 3.39. The lowest was 2.63. And the median was 2.92.

SZSE:002849's Cyclically Adjusted PS Ratio is ranked worse than
65.49% of 2040 companies
in the Industrial Products industry
Industry Median: 1.79 vs SZSE:002849: 2.93

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 Weixing Intelligent Meter Stock Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥1.618. 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 ¥5.41 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Weixing Intelligent Meter Stock Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock Co Cyclically Adjusted PS Ratio Chart

Zhejiang Weixing Intelligent Meter Stock 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 - - - - 3.32

Zhejiang Weixing Intelligent Meter Stock 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 - - - 3.32 2.81

Competitive Comparison of Zhejiang Weixing Intelligent Meter Stock Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Weixing Intelligent Meter Stock Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing Intelligent Meter Stock Co's Cyclically Adjusted PS Ratio falls into.


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Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.87/5.41
=2.93

* 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 Weixing Intelligent Meter Stock Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zhejiang Weixing Intelligent Meter Stock 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)
=1.618/115.1156*115.1156
=1.618

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Weixing Intelligent Meter Stock Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201603 0.555 102.200 0.625
201606 0.717 101.400 0.814
201609 0.723 102.400 0.813
201612 0.847 102.600 0.950
201703 0.488 103.200 0.544
201706 0.962 103.100 1.074
201709 1.014 104.100 1.121
201712 1.030 104.500 1.135
201803 0.852 105.300 0.931
201806 1.211 104.900 1.329
201809 1.098 106.600 1.186
201812 1.126 106.500 1.217
201903 1.335 107.700 1.427
201906 1.571 107.700 1.679
201909 1.499 109.800 1.572
201912 1.476 111.200 1.528
202003 1.399 112.300 1.434
202006 1.717 110.400 1.790
202009 1.912 111.700 1.970
202012 1.479 111.500 1.527
202103 1.696 112.662 1.733
202106 1.670 111.769 1.720
202109 1.410 112.215 1.446
202112 1.251 113.108 1.273
202203 0.923 114.335 0.929
202206 1.844 114.558 1.853
202209 2.208 115.339 2.204
202212 1.238 115.116 1.238
202303 1.633 115.116 1.633
202306 1.251 114.558 1.257
202309 1.607 115.339 1.604
202312 1.054 114.781 1.057
202403 1.435 115.227 1.434
202406 1.632 114.781 1.637
202409 1.370 115.785 1.362
202412 1.359 114.893 1.362
202503 1.618 115.116 1.618

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 Weixing Intelligent Meter Stock Co  (SZSE:002849) 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 Weixing Intelligent Meter Stock Co Cyclically Adjusted PS Ratio Related Terms

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


Zhejiang Weixing Intelligent Meter Stock Co Business Description

Traded in Other Exchanges
N/A
Address
No. 366-1, Xiangyun Road, Liangzhu Street, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 310015
Zhejiang Weixing Intelligent Meter Stock Co Ltd is engaged in the research, development, production, and sales of intelligent gas information system platform, intelligent terminal and ultrasonic metering products. The company's products cover IC card smart terminals, RF-based and IoT-based smart metering terminals, a new generation of ultrasonic meters and "gas cloud" information management platform, from civil gas meters to industrial and commercial gas meters.
Executives
Huang Wen Qian Director
Zhang Yan Secretary, Director
Chen Zhi Yuan Executives
Gu Jin Song Executives
Li Zu Guang Executives
Fan Hui Qun Director
Yan Bing Wei Securities Affairs Representative
Ma Shan Bing Director
Zhao Yan Hua Supervisors

Zhejiang Weixing Intelligent Meter Stock Co Headlines

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