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Sumavision Technologies Co (SZSE:300079) Cyclically Adjusted PS Ratio : 5.23 (As of Jun. 02, 2024)


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What is Sumavision Technologies Co Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Sumavision Technologies Co's current share price is ¥4.34. Sumavision Technologies Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.83. Sumavision Technologies Co's Cyclically Adjusted PS Ratio for today is 5.23.

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

SZSE:300079' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.77   Med: 7.19   Max: 14.8
Current: 5.25

During the past years, Sumavision Technologies Co's highest Cyclically Adjusted PS Ratio was 14.80. The lowest was 4.77. And the median was 7.19.

SZSE:300079's Cyclically Adjusted PS Ratio is ranked worse than
90.52% of 1919 companies
in the Hardware industry
Industry Median: 1.07 vs SZSE:300079: 5.25

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.

Sumavision Technologies Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.070. 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 ¥0.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumavision Technologies Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sumavision Technologies 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.

Sumavision Technologies Co Cyclically Adjusted PS Ratio Chart

Sumavision Technologies 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 8.54 6.38 11.49 5.91 6.90

Sumavision Technologies 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 8.38 7.45 7.22 6.90 5.95

Competitive Comparison of Sumavision Technologies Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Sumavision Technologies 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.


Sumavision Technologies Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Sumavision Technologies Co's Cyclically Adjusted PS Ratio falls into.



Sumavision Technologies 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.

Sumavision Technologies Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.34/0.83
=5.23

* 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.

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

For example, Sumavision Technologies 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)
=0.07/115.2271*115.2271
=0.070

Current CPI (Mar. 2024) = 115.2271.

Sumavision Technologies Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.093 98.200 0.109
201409 0.115 98.900 0.134
201412 0.109 99.000 0.127
201503 0.126 99.900 0.145
201506 0.153 99.500 0.177
201509 0.137 100.500 0.157
201512 0.331 100.600 0.379
201603 0.176 102.200 0.198
201606 0.277 101.400 0.315
201609 0.274 102.400 0.308
201612 0.344 102.600 0.386
201703 0.190 103.200 0.212
201706 0.267 103.100 0.298
201709 0.247 104.100 0.273
201712 0.277 104.500 0.305
201803 0.195 105.300 0.213
201806 0.313 104.900 0.344
201809 0.201 106.600 0.217
201812 0.397 106.500 0.430
201903 0.216 107.700 0.231
201906 0.091 107.700 0.097
201909 0.185 109.800 0.194
201912 0.223 111.200 0.231
202003 0.109 112.300 0.112
202006 0.172 110.400 0.180
202009 0.179 111.700 0.185
202012 0.233 111.500 0.241
202103 0.143 112.662 0.146
202106 0.184 111.769 0.190
202109 0.167 112.215 0.171
202112 0.222 113.108 0.226
202203 0.126 114.335 0.127
202206 0.178 114.558 0.179
202209 0.159 115.339 0.159
202212 0.303 115.116 0.303
202303 0.130 115.116 0.130
202306 0.133 114.558 0.134
202309 0.105 115.339 0.105
202312 0.124 114.781 0.124
202403 0.070 115.227 0.070

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.


Sumavision Technologies Co  (SZSE:300079) 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.


Sumavision Technologies Co Cyclically Adjusted PS Ratio Related Terms

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


Sumavision Technologies Co (SZSE:300079) Business Description

Traded in Other Exchanges
N/A
Address
Sumavision Plaza, No.15 KaiTuo Road, Shangdi Information and Industry Base, Haidian District, Beijing, CHN, 100085
Sumavision Technologies Co Ltd is a global video and broadband solutions provider. It is engaged in the research, development, production and technical services of digital television software and hardware products. The company's products include DTV Head-end Hardware; Encoding and Transcoding; IPTV/OTT Head-end; Access Network and IPTV/OTT Terminal.
Executives
Zheng Hai Tao Directors, executives
Shi Dong Jing Directors, executives
Sun Peng Cheng Directors, executives
Yao Zhi Jian Secretary Dong
Feng Tao Securities Affairs Representative
Wang Wan Chun Directors, executives
Su Yu Wen Executives
Zhang Gang Directors, executives
Zhou Xin Supervisors
Zhang Huai Yu Directors, executives
Dai Yan Dong Securities Affairs Representative
Liu Jian Bo Independent director
Peng Qiu He Director

Sumavision Technologies Co (SZSE:300079) Headlines

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