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Shenzhen Megmeet Electrical Co (SZSE:002851) Cyclically Adjusted PS Ratio : 5.72 (As of Jun. 27, 2025)


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What is Shenzhen Megmeet Electrical Co Cyclically Adjusted PS Ratio?

As of today (2025-06-27), Shenzhen Megmeet Electrical Co's current share price is ¥50.57. Shenzhen Megmeet Electrical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥8.84. Shenzhen Megmeet Electrical Co's Cyclically Adjusted PS Ratio for today is 5.72.

The historical rank and industry rank for Shenzhen Megmeet Electrical Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002851' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.6   Med: 4.88   Max: 8.02
Current: 5.2

During the past years, Shenzhen Megmeet Electrical Co's highest Cyclically Adjusted PS Ratio was 8.02. The lowest was 2.60. And the median was 4.88.

SZSE:002851's Cyclically Adjusted PS Ratio is ranked worse than
83.14% of 2040 companies
in the Industrial Products industry
Industry Median: 1.79 vs SZSE:002851: 5.20

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.

Shenzhen Megmeet Electrical Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥4.218. 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 ¥8.84 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Megmeet Electrical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shenzhen Megmeet Electrical 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.

Shenzhen Megmeet Electrical Co Cyclically Adjusted PS Ratio Chart

Shenzhen Megmeet Electrical 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 - - - - 7.15

Shenzhen Megmeet Electrical 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 3.03 3.16 3.33 7.15 6.88

Competitive Comparison of Shenzhen Megmeet Electrical Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Shenzhen Megmeet Electrical 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.


Shenzhen Megmeet Electrical Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Megmeet Electrical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Megmeet Electrical Co's Cyclically Adjusted PS Ratio falls into.


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Shenzhen Megmeet Electrical 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.

Shenzhen Megmeet Electrical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.57/8.84
=5.72

* 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.

Shenzhen Megmeet Electrical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Shenzhen Megmeet Electrical 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)
=4.218/115.1156*115.1156
=4.218

Current CPI (Mar. 2025) = 115.1156.

Shenzhen Megmeet Electrical 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 0.678 102.200 0.764
201606 1.022 101.400 1.160
201609 0.952 102.400 1.070
201612 1.197 102.600 1.343
201703 0.778 103.200 0.868
201706 0.930 103.100 1.038
201709 1.449 104.100 1.602
201712 1.227 104.500 1.352
201803 0.945 105.300 1.033
201806 1.591 104.900 1.746
201809 1.427 106.600 1.541
201812 1.538 106.500 1.662
201903 1.647 107.700 1.760
201906 1.914 107.700 2.046
201909 2.135 109.800 2.238
201912 1.942 111.200 2.010
202003 1.403 112.300 1.438
202006 1.882 110.400 1.962
202009 1.138 111.700 1.173
202012 1.927 111.500 1.989
202103 1.773 112.662 1.812
202106 2.088 111.769 2.151
202109 1.972 112.215 2.023
202112 2.479 113.108 2.523
202203 2.397 114.335 2.413
202206 3.077 114.558 3.092
202209 2.590 115.339 2.585
202212 2.823 115.116 2.823
202303 2.944 115.116 2.944
202306 3.209 114.558 3.225
202309 3.023 115.339 3.017
202312 3.628 114.781 3.639
202403 3.494 115.227 3.491
202406 4.122 114.781 4.134
202409 3.613 115.785 3.592
202412 4.274 114.893 4.282
202503 4.218 115.116 4.218

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.


Shenzhen Megmeet Electrical Co  (SZSE:002851) 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.


Shenzhen Megmeet Electrical Co Cyclically Adjusted PS Ratio Related Terms

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


Shenzhen Megmeet Electrical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Langshan Road, Tsinghua Unisplendour Technology Park, A, B, C501-503, D, E, 5th Floor, High-tech Zone, North District, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Megmeet Electrical Co Ltd is a provider of industrial automation and power supply solutions. It operates in the areas of Industrial automation and control, Smart home appliances, and Custom power supplies. Industrial automation and control area includes motor drive, editable logic controller, new energy automotive motor drive, and industrial digital intelligent welding machine. Smart home appliances comprise flat panel display power supply, inverter air conditioner power converter, frequency conversion microwave oven power converter, and others. Custom power supplies include industrial microwave power, new energy vehicle power, electric power, LED color screen power supply, and others. The company has a business presence in China, and other international countries.
Executives
Tong Yong Sheng Directors, executives
Zhang Zhi Directors, executives
Wang Tao Directors, executives
Wang Xue Fen Director
Shen Chu Chun Executives
Wang Yong Feng Supervisors

Shenzhen Megmeet Electrical Co Headlines

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