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Motic (Xiamen) Electric Group Co (SZSE:300341) Cyclically Adjusted PS Ratio : 3.85 (As of Jun. 09, 2024)


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What is Motic (Xiamen) Electric Group Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Motic (Xiamen) Electric Group Co's current share price is ¥8.73. Motic (Xiamen) Electric Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.27. Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio for today is 3.85.

The historical rank and industry rank for Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300341' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.61   Med: 5.27   Max: 6.89
Current: 4.39

During the past years, Motic (Xiamen) Electric Group Co's highest Cyclically Adjusted PS Ratio was 6.89. The lowest was 3.61. And the median was 5.27.

SZSE:300341's Cyclically Adjusted PS Ratio is ranked worse than
84.9% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs SZSE:300341: 4.39

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.

Motic (Xiamen) Electric Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.577. 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 ¥2.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motic (Xiamen) Electric Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Motic (Xiamen) Electric Group 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.

Motic (Xiamen) Electric Group Co Cyclically Adjusted PS Ratio Chart

Motic (Xiamen) Electric Group 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 - 5.55 6.45 4.26 5.31

Motic (Xiamen) Electric Group 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 6.70 5.55 4.74 5.31 4.35

Competitive Comparison of Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Motic (Xiamen) Electric Group 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.


Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio falls into.



Motic (Xiamen) Electric Group 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.

Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.73/2.27
=3.85

* 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.

Motic (Xiamen) Electric Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Motic (Xiamen) Electric Group 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)
=0.577/115.2271*115.2271
=0.577

Current CPI (Mar. 2024) = 115.2271.

Motic (Xiamen) Electric Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.203 98.200 0.238
201409 0.388 98.900 0.452
201412 0.378 99.000 0.440
201503 0.278 99.900 0.321
201506 0.353 99.500 0.409
201509 0.344 100.500 0.394
201512 0.422 100.600 0.483
201603 0.247 102.200 0.278
201606 0.397 101.400 0.451
201609 0.372 102.400 0.419
201612 0.419 102.600 0.471
201703 0.325 103.200 0.363
201706 0.446 103.100 0.498
201709 0.423 104.100 0.468
201712 0.500 104.500 0.551
201803 0.348 105.300 0.381
201806 0.482 104.900 0.529
201809 0.525 106.600 0.567
201812 0.563 106.500 0.609
201903 0.434 107.700 0.464
201906 0.512 107.700 0.548
201909 0.612 109.800 0.642
201912 0.634 111.200 0.657
202003 0.379 112.300 0.389
202006 0.560 110.400 0.584
202009 0.674 111.700 0.695
202012 0.713 111.500 0.737
202103 0.568 112.662 0.581
202106 0.665 111.769 0.686
202109 0.752 112.215 0.772
202112 0.887 113.108 0.904
202203 0.705 114.335 0.711
202206 0.863 114.558 0.868
202209 0.898 115.339 0.897
202212 1.000 115.116 1.001
202303 0.680 115.116 0.681
202306 0.641 114.558 0.645
202309 0.679 115.339 0.678
202312 0.629 114.781 0.631
202403 0.577 115.227 0.577

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.


Motic (Xiamen) Electric Group Co  (SZSE:300341) 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.


Motic (Xiamen) Electric Group Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Motic (Xiamen) Electric Group Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Motic (Xiamen) Electric Group Co (SZSE:300341) Business Description

Traded in Other Exchanges
N/A
Address
808 Fangshan Road, Xiamen Torch Hi-Tech, Industrial Development Zone, Xiamen, Fujian, CHN, 361101
Motic (Xiamen) Electric Group Co Ltd manufactures and supplies insulation components for the electrical transmission and distribution networks and the electrical power industry.
Executives
Chen Zu Long Supervisors
Directors, executives
Zhang Guang Wei Supervisors
Chen Pei Xin Director
Li Zhen Directors, executives
Hu Chun Hua Executives
Wu Fu Ai Executives
Pan Wei Xing Executives

Motic (Xiamen) Electric Group Co (SZSE:300341) Headlines

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