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Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Cyclically Adjusted PS Ratio : 1.96 (As of Jun. 01, 2025)


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What is Dongguan Mentech Optical & Magnetic Co Cyclically Adjusted PS Ratio?

As of today (2025-06-01), Dongguan Mentech Optical & Magnetic Co's current share price is ¥17.85. Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was ¥9.10. Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio for today is 1.96.

The historical rank and industry rank for Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002902' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 1.95   Max: 3.83
Current: 1.94

During the past 13 years, Dongguan Mentech Optical & Magnetic Co's highest Cyclically Adjusted PS Ratio was 3.83. The lowest was 1.42. And the median was 1.95.

SZSE:002902's Cyclically Adjusted PS Ratio is ranked worse than
65.25% of 1839 companies
in the Hardware industry
Industry Median: 1.13 vs SZSE:002902: 1.94

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.

Dongguan Mentech Optical & Magnetic Co's adjusted revenue per share data of for the fiscal year that ended in Dec24 was ¥7.137. 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 ¥9.10 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dongguan Mentech Optical & Magnetic Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dongguan Mentech Optical & Magnetic 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.

Dongguan Mentech Optical & Magnetic Co Cyclically Adjusted PS Ratio Chart

Dongguan Mentech Optical & Magnetic 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 - 1.68 1.41 2.51 2.57

Dongguan Mentech Optical & Magnetic 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 - - - 2.57 -

Competitive Comparison of Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Dongguan Mentech Optical & Magnetic 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.


Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio falls into.


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Dongguan Mentech Optical & Magnetic 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.

Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.85/9.10
=1.96

* 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.

Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Dongguan Mentech Optical & Magnetic Co's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=7.137/114.8925*114.8925
=7.137

Current CPI (Dec24) = 114.8925.

Dongguan Mentech Optical & Magnetic Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 8.432 100.600 9.630
201612 8.899 102.600 9.965
201712 8.895 104.500 9.780
201812 7.638 106.500 8.240
201912 6.669 111.200 6.890
202012 8.049 111.500 8.294
202112 10.636 113.108 10.804
202212 11.166 115.116 11.144
202312 9.088 114.781 9.097
202412 7.137 114.893 7.137

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.


Dongguan Mentech Optical & Magnetic Co  (SZSE:002902) 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.


Dongguan Mentech Optical & Magnetic Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Dongguan Mentech Optical & Magnetic Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dongguan Mentech Optical & Magnetic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 157, Shipai Section, Dongyuan Avenue, Building 1, Guangdong Province, Shipai Town, Dongguan, CHN, 523330
Dongguan Mentech Optical & Magnetic Co Ltd is engaged in the research and development and manufacturing of magnetic and optical components and modules. The company has three key product lines: magnetic components, optical components and modules and new energy power supply systems. Its products are widely used in the access network, backbone, metro, fibre optic switches, fibre optic transceivers, digital television, optical communication, motherboards, network switches, routers, set-top boxes and network data communication industries. The company has an operational presence across Beijing, Hong Kong, Taiwan, USA, and Korea.
Executives
Chen Cong Executives
Yang Xian Yong Director
Yang Zhong Directors, executives
Yang Xun Wen Executives
Qian Yin Bo Executives
Li Jing Zhou Directors, executives
Yang Xian Jin Director
Ye Zi Hong Supervisors

Dongguan Mentech Optical & Magnetic Co Headlines

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