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TRS Information Technology Co (SZSE:300229) Cyclically Adjusted PS Ratio : 14.71 (As of Jan. 19, 2025)


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What is TRS Information Technology Co Cyclically Adjusted PS Ratio?

As of today (2025-01-19), TRS Information Technology Co's current share price is ¥18.68. TRS Information Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥1.27. TRS Information Technology Co's Cyclically Adjusted PS Ratio for today is 14.71.

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

SZSE:300229' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.35   Med: 11.49   Max: 27.12
Current: 13.47

During the past years, TRS Information Technology Co's highest Cyclically Adjusted PS Ratio was 27.12. The lowest was 8.35. And the median was 11.49.

SZSE:300229's Cyclically Adjusted PS Ratio is ranked worse than
91.44% of 1285 companies
in the Software industry
Industry Median: 2.18 vs SZSE:300229: 13.47

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.

TRS Information Technology Co's adjusted revenue per share data for the three months ended in Sep. 2024 was ¥0.280. 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 ¥1.27 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TRS Information Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TRS Information Technology 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.

TRS Information Technology Co Cyclically Adjusted PS Ratio Chart

TRS Information Technology 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 11.05 8.96 9.86 10.16 13.90

TRS Information Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 16.03 13.90 12.89 10.78 13.05

Competitive Comparison of TRS Information Technology Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, TRS Information Technology 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.


TRS Information Technology Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, TRS Information Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TRS Information Technology 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.

TRS Information Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.68/1.27
=14.71

* 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.

TRS Information Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, TRS Information Technology Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.28/115.7848*115.7848
=0.280

Current CPI (Sep. 2024) = 115.7848.

TRS Information Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.208 99.000 0.243
201503 0.065 99.900 0.075
201506 0.139 99.500 0.162
201509 0.107 100.500 0.123
201512 0.244 100.600 0.281
201603 0.135 102.200 0.153
201606 0.217 101.400 0.248
201609 0.212 102.400 0.240
201612 0.409 102.600 0.462
201703 0.172 103.200 0.193
201706 0.272 103.100 0.305
201709 0.304 104.100 0.338
201712 0.412 104.500 0.456
201803 0.227 105.300 0.250
201806 0.261 104.900 0.288
201809 0.273 106.600 0.297
201812 0.435 106.500 0.473
201903 0.290 107.700 0.312
201906 0.451 107.700 0.485
201909 0.308 109.800 0.325
201912 0.456 111.200 0.475
202003 0.193 112.300 0.199
202006 0.396 110.400 0.415
202009 0.303 111.700 0.314
202012 1.044 111.500 1.084
202103 0.215 112.662 0.221
202106 0.330 111.769 0.342
202109 0.301 112.215 0.311
202112 0.591 113.108 0.605
202203 0.266 114.335 0.269
202206 0.328 114.558 0.332
202209 0.297 115.339 0.298
202212 0.378 115.116 0.380
202303 0.285 115.116 0.287
202306 0.294 114.558 0.297
202309 0.197 115.339 0.198
202312 0.228 114.781 0.230
202403 0.224 115.227 0.225
202406 0.275 114.781 0.277
202409 0.280 115.785 0.280

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.


TRS Information Technology Co  (SZSE:300229) 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.


TRS Information Technology Co Cyclically Adjusted PS Ratio Related Terms

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


TRS Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Datun Road, 16th Floor, Block B, West Tower, Chaoyang District, Beijing, CHN, 100101
TRS Information Technology Co Ltd is a provider of artificial intelligence and big data technology and data services in China. The core business of a company includes software product development, industry application solutions and data analysis and mining cloud services, covering big data management, information security, Internet marketing and artificial intelligence.
Executives
He Dong Jiong Secretary Dong
Cao Hui Executives
Ma Xin Long Executives
Xiao Shi Bin Executives
Li Lin Executives
Rong Shi Director
Ling Hu Yong Xing Executives
Yu Fang Hong Independent director
Liu Rui Bao Executives
Li Yu Qin Director
Shi Shui Cai Directors, executives
Wang Han Po Independent director
Fu Jing Securities Affairs Representative
Lin Chun Yu Executives

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