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East Money Information Co (SZSE:300059) Cyclically Adjusted PS Ratio : 29.00 (As of May. 14, 2024)


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What is East Money Information Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), East Money Information Co's current share price is ¥13.05. East Money Information Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.45. East Money Information Co's Cyclically Adjusted PS Ratio for today is 29.00.

The historical rank and industry rank for East Money Information Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300059' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 26.89   Med: 66.59   Max: 136.63
Current: 29.03

During the past years, East Money Information Co's highest Cyclically Adjusted PS Ratio was 136.63. The lowest was 26.89. And the median was 66.59.

SZSE:300059's Cyclically Adjusted PS Ratio is ranked worse than
95% of 580 companies
in the Capital Markets industry
Industry Median: 3.125 vs SZSE:300059: 29.03

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.

East Money Information Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.155. 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 ¥0.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


East Money Information Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East Money Information 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.

East Money Information Co Cyclically Adjusted PS Ratio Chart

East Money Information Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.84 108.55 106.97 52.30 32.10

East Money Information 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 51.58 35.05 35.86 32.10 28.54

Competitive Comparison of East Money Information Co's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, East Money Information 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.


East Money Information Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, East Money Information Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where East Money Information Co's Cyclically Adjusted PS Ratio falls into.



East Money Information 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.

East Money Information Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.05/0.45
=29.00

* 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.

East Money Information Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, East Money Information 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)
=0.155/114.6694*114.6694
=0.155

Current CPI (Mar. 2024) = 114.6694.

East Money Information Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.008 98.200 0.009
201409 0.012 98.900 0.014
201412 0.019 99.000 0.022
201503 0.018 99.900 0.021
201506 0.109 99.500 0.126
201509 0.066 100.500 0.075
201512 0.058 100.600 0.066
201603 0.042 102.200 0.047
201606 0.058 101.400 0.066
201609 0.046 102.400 0.052
201612 0.047 102.600 0.053
201703 0.042 103.200 0.047
201706 0.044 103.100 0.049
201709 0.052 104.100 0.057
201712 0.061 104.500 0.067
201803 0.064 105.300 0.070
201806 0.063 104.900 0.069
201809 0.058 106.600 0.062
201812 0.058 106.500 0.062
201903 0.072 107.700 0.077
201906 0.077 107.700 0.082
201909 0.079 109.800 0.083
201912 0.082 111.200 0.085
202003 0.121 112.300 0.124
202006 0.122 110.400 0.127
202009 0.182 111.700 0.187
202012 0.149 111.500 0.153
202103 0.158 112.662 0.161
202106 0.252 111.769 0.259
202109 0.256 112.215 0.262
202112 0.237 113.108 0.240
202203 0.172 114.335 0.173
202206 0.237 114.558 0.237
202209 0.198 115.339 0.197
202212 0.184 115.116 0.183
202303 0.177 115.116 0.176
202306 0.190 114.558 0.190
202309 0.166 115.339 0.165
202312 0.170 114.669 0.170
202403 0.155 114.669 0.155

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.


East Money Information Co  (SZSE:300059) 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.


East Money Information Co Cyclically Adjusted PS Ratio Related Terms

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East Money Information Co (SZSE:300059) Business Description

Traded in Other Exchanges
N/A
Address
No. 2999 Baoan Road, Jiading District, Shanghai, CHN, 200030
East Money Information Co Ltd is engaged in providing timely and professional financial information services through website platforms.

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