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HiVi Acoustics Technology Co (SZSE:002888) Cyclically Adjusted PS Ratio : 8.51 (As of Jun. 04, 2025)


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What is HiVi Acoustics Technology Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), HiVi Acoustics Technology Co's current share price is ¥18.04. HiVi Acoustics Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥2.12. HiVi Acoustics Technology Co's Cyclically Adjusted PS Ratio for today is 8.51.

The historical rank and industry rank for HiVi Acoustics Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002888' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.45   Med: 8.57   Max: 11
Current: 8.3

During the past years, HiVi Acoustics Technology Co's highest Cyclically Adjusted PS Ratio was 11.00. The lowest was 7.45. And the median was 8.57.

SZSE:002888's Cyclically Adjusted PS Ratio is ranked worse than
92.93% of 1840 companies
in the Hardware industry
Industry Median: 1.12 vs SZSE:002888: 8.30

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.

HiVi Acoustics Technology Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥0.386. 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. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


HiVi Acoustics Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HiVi Acoustics Technology 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.

HiVi Acoustics Technology Co Cyclically Adjusted PS Ratio Chart

HiVi Acoustics Technology 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 - - - - 8.63

HiVi Acoustics Technology 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 - - 7.90 8.63 8.21

Competitive Comparison of HiVi Acoustics Technology Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, HiVi Acoustics Technology 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.


HiVi Acoustics Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, HiVi Acoustics Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HiVi Acoustics Technology Co's Cyclically Adjusted PS Ratio falls into.


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HiVi Acoustics Technology 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.

HiVi Acoustics Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.04/2.12
=8.51

* 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.

HiVi Acoustics Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, HiVi Acoustics Technology 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)
=0.386/115.1156*115.1156
=0.386

Current CPI (Mar. 2025) = 115.1156.

HiVi Acoustics Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.681 100.600 0.779
201603 0.438 102.200 0.493
201606 0.513 101.400 0.582
201609 0.479 102.400 0.538
201612 0.719 102.600 0.807
201703 0.482 103.200 0.538
201706 0.852 103.100 0.951
201709 0.631 104.100 0.698
201712 0.676 104.500 0.745
201803 0.429 105.300 0.469
201806 0.543 104.900 0.596
201809 0.361 106.600 0.390
201812 0.677 106.500 0.732
201903 0.376 107.700 0.402
201906 0.422 107.700 0.451
201909 0.416 109.800 0.436
201912 0.620 111.200 0.642
202003 0.340 112.300 0.349
202006 0.665 110.400 0.693
202009 0.435 111.700 0.448
202012 0.835 111.500 0.862
202103 0.498 112.662 0.509
202106 0.473 111.769 0.487
202109 0.610 112.215 0.626
202112 0.385 113.108 0.392
202203 0.338 114.335 0.340
202206 0.396 114.558 0.398
202209 0.380 115.339 0.379
202212 0.415 115.116 0.415
202303 0.309 115.116 0.309
202306 0.379 114.558 0.381
202309 0.399 115.339 0.398
202312 0.572 114.781 0.574
202403 0.296 115.227 0.296
202406 0.359 114.781 0.360
202409 0.505 115.785 0.502
202412 0.810 114.893 0.812
202503 0.386 115.116 0.386

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.


HiVi Acoustics Technology Co  (SZSE:002888) 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.


HiVi Acoustics Technology Co Cyclically Adjusted PS Ratio Related Terms

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


HiVi Acoustics Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.13, Sansha Road, Dongyong Town, Nansha District, Guangzhou, CHN, 511453
HiVi Acoustics Technology Co Ltd is engaged in the manufacturing of speaker products in China. It manufactures a wide range of electro-acoustic products including home theatre, smart speakers, pro-audio, car audio, public audio systems, high-fidelity multimedia speakers and speaker drivers. It produces its products almost entirely in-house, with a vertically intergraded production process that includes automatic assembly lines, SMT electronic parts production, CNC wood processing center, and lacquer-finish workshops.
Executives
Director

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