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Songcheng Performance Development Co (SZSE:300144) Cyclically Adjusted PS Ratio : 10.44 (As of Jun. 04, 2025)


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What is Songcheng Performance Development Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Songcheng Performance Development Co's current share price is ¥9.19. Songcheng Performance Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥0.88. Songcheng Performance Development Co's Cyclically Adjusted PS Ratio for today is 10.44.

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

SZSE:300144' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.32   Med: 18.26   Max: 29.25
Current: 10.29

During the past years, Songcheng Performance Development Co's highest Cyclically Adjusted PS Ratio was 29.25. The lowest was 8.32. And the median was 18.26.

SZSE:300144's Cyclically Adjusted PS Ratio is ranked worse than
93.1% of 623 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs SZSE:300144: 10.29

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.

Songcheng Performance Development Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥0.214. 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 ¥0.88 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Songcheng Performance Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Songcheng Performance Development 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.

Songcheng Performance Development Co Cyclically Adjusted PS Ratio Chart

Songcheng Performance Development 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 23.63 18.37 18.69 12.03 10.70

Songcheng Performance Development 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 12.24 9.49 12.10 10.70 10.45

Competitive Comparison of Songcheng Performance Development Co's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Songcheng Performance Development 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.


Songcheng Performance Development Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Songcheng Performance Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Songcheng Performance Development Co's Cyclically Adjusted PS Ratio falls into.


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Songcheng Performance Development 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.

Songcheng Performance Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.19/0.88
=10.44

* 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.

Songcheng Performance Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Songcheng Performance Development 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)
=0.214/115.1156*115.1156
=0.214

Current CPI (Mar. 2025) = 115.1156.

Songcheng Performance Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.161 99.500 0.186
201509 0.243 100.500 0.278
201512 0.202 100.600 0.231
201603 0.219 102.200 0.247
201606 0.238 101.400 0.270
201609 0.301 102.400 0.338
201612 0.251 102.600 0.282
201703 0.259 103.200 0.289
201706 0.273 103.100 0.305
201709 0.351 104.100 0.388
201712 0.267 104.500 0.294
201803 0.272 105.300 0.297
201806 0.306 104.900 0.336
201809 0.367 106.600 0.396
201812 0.283 106.500 0.306
201903 0.315 107.700 0.337
201906 0.408 107.700 0.436
201909 0.543 109.800 0.569
201912 0.155 111.200 0.160
202003 0.051 112.300 0.052
202006 0.057 110.400 0.059
202009 0.128 111.700 0.132
202012 0.108 111.500 0.112
202103 0.117 112.662 0.120
202106 0.164 111.769 0.169
202109 0.107 112.215 0.110
202112 0.065 113.108 0.066
202203 0.033 114.335 0.033
202206 0.010 114.558 0.010
202209 0.107 115.339 0.107
202212 0.027 115.116 0.027
202303 0.090 115.116 0.090
202306 0.193 114.558 0.194
202309 0.335 115.339 0.334
202312 0.118 114.781 0.118
202403 0.214 115.227 0.214
202406 0.236 114.781 0.237
202409 0.320 115.785 0.318
202412 0.154 114.893 0.154
202503 0.214 115.116 0.214

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.


Songcheng Performance Development Co  (SZSE:300144) 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.


Songcheng Performance Development Co Cyclically Adjusted PS Ratio Related Terms

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Songcheng Performance Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 148, Zhijiang Road, Zhejiang Province, Hangzhou, CHN, 310008
Songcheng Performance Development Co Ltd operates in the performing arts industry. The company is engaged in the operation of Live performances, tourism and leisure, and Internet performance in China.
Executives
Huang Qiao Long Director
Huang Qiao Ling Director
Zheng Qi Executives
Liu Yan Directors, executives
Xu Jie Supervisors
Dong Xin Secretary Dong
Ji Ding Tian Director
Shang Ling Xia Executives
Chen Sheng Min Executives
Zhang Jian Kun Directors, executives
Yu Feng Supervisors
Zhao Wei Dong Supervisors
Zhu Hua Lu Supervisors
Zhang Hui Pin Director
Fang Dong Biao Director

Songcheng Performance Development Co Headlines

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