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SF Diamond Co (SZSE:300179) Cyclically Adjusted PS Ratio : 9.92 (As of May. 23, 2024)


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What is SF Diamond Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), SF Diamond Co's current share price is ¥7.84. SF Diamond Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.79. SF Diamond Co's Cyclically Adjusted PS Ratio for today is 9.92.

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

SZSE:300179' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.05   Med: 12.16   Max: 28.48
Current: 10.16

During the past years, SF Diamond Co's highest Cyclically Adjusted PS Ratio was 28.48. The lowest was 8.05. And the median was 12.16.

SZSE:300179's Cyclically Adjusted PS Ratio is ranked worse than
96.58% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs SZSE:300179: 10.16

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.

SF Diamond Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.273. 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 ¥0.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SF Diamond Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SF Diamond 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.

SF Diamond Co Cyclically Adjusted PS Ratio Chart

SF Diamond 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 11.36 11.48 17.84 17.81 11.63

SF Diamond 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 15.18 14.47 12.11 11.63 10.03

Competitive Comparison of SF Diamond Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, SF Diamond 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.


SF Diamond Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SF Diamond Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SF Diamond 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.

SF Diamond Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.84/0.79
=9.92

* 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.

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

For example, SF Diamond 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)
=0.273/115.2271*115.2271
=0.273

Current CPI (Mar. 2024) = 115.2271.

SF Diamond Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.096 98.200 0.113
201409 0.098 98.900 0.114
201412 0.132 99.000 0.154
201503 0.099 99.900 0.114
201506 0.101 99.500 0.117
201509 0.083 100.500 0.095
201512 0.146 100.600 0.167
201603 0.062 102.200 0.070
201606 0.071 101.400 0.081
201609 0.087 102.400 0.098
201612 0.129 102.600 0.145
201703 0.131 103.200 0.146
201706 0.181 103.100 0.202
201709 0.174 104.100 0.193
201712 0.172 104.500 0.190
201803 0.166 105.300 0.182
201806 0.195 104.900 0.214
201809 0.193 106.600 0.209
201812 0.212 106.500 0.229
201903 0.234 107.700 0.250
201906 0.256 107.700 0.274
201909 0.267 109.800 0.280
201912 0.247 111.200 0.256
202003 0.214 112.300 0.220
202006 0.132 110.400 0.138
202009 0.137 111.700 0.141
202012 0.159 111.500 0.164
202103 0.185 112.662 0.189
202106 0.216 111.769 0.223
202109 0.233 112.215 0.239
202112 0.217 113.108 0.221
202203 0.259 114.335 0.261
202206 0.278 114.558 0.280
202209 0.270 115.339 0.270
202212 0.247 115.116 0.247
202303 0.276 115.116 0.276
202306 0.293 114.558 0.295
202309 0.268 115.339 0.268
202312 0.279 114.781 0.280
202403 0.273 115.227 0.273

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.


SF Diamond Co  (SZSE:300179) 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.


SF Diamond Co Cyclically Adjusted PS Ratio Related Terms

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


SF Diamond Co (SZSE:300179) Business Description

Traded in Other Exchanges
N/A
Address
No. 109, 10th Street, Economic & Technological Development Area, Zhengzhou, CHN, 450016
SF Diamond Co Ltd is a China-based company engages in the manufacture of Polycrystalline Diamond (PCD) and related products. Its products include PCD cutters, PCD cutting tool blanks, PCD die blankets for wire drawing, Solid PCBN, Carbided PDBN, and PDC pick.

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