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Troy Information Technology Co (SZSE:300366) Cyclically Adjusted PS Ratio : 2.39 (As of Jun. 11, 2024)


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What is Troy Information Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Troy Information Technology Co's current share price is ¥7.35. Troy Information Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.07. Troy Information Technology Co's Cyclically Adjusted PS Ratio for today is 2.39.

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

SZSE:300366' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.89   Max: 6.29
Current: 2.33

During the past years, Troy Information Technology Co's highest Cyclically Adjusted PS Ratio was 6.29. The lowest was 2.33. And the median was 3.89.

SZSE:300366's Cyclically Adjusted PS Ratio is ranked worse than
56.61% of 1459 companies
in the Software industry
Industry Median: 1.82 vs SZSE:300366: 2.33

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.

Troy Information Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.159. 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 ¥3.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Troy Information Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Troy 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.

Troy Information Technology Co Cyclically Adjusted PS Ratio Chart

Troy 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 - - 4.40 3.33 4.29

Troy Information Technology 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 4.21 4.19 4.12 4.29 3.22

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

For the Software - Infrastructure subindustry, Troy 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.


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

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

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



Troy 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.35/3.07
=2.39

* 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.

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

For example, Troy Information Technology 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)
=0.159/115.2271*115.2271
=0.159

Current CPI (Mar. 2024) = 115.2271.

Troy Information Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.551 98.200 0.647
201409 0.143 98.900 0.167
201412 0.330 99.000 0.384
201503 0.098 99.900 0.113
201506 0.301 99.500 0.349
201509 0.171 100.500 0.196
201512 1.163 100.600 1.332
201603 0.364 102.200 0.410
201606 0.785 101.400 0.892
201609 0.439 102.400 0.494
201612 1.014 102.600 1.139
201703 0.329 103.200 0.367
201706 0.656 103.100 0.733
201709 0.577 104.100 0.639
201712 1.501 104.500 1.655
201803 0.457 105.300 0.500
201806 0.490 104.900 0.538
201809 0.539 106.600 0.583
201812 1.569 106.500 1.698
201903 0.479 107.700 0.512
201906 0.761 107.700 0.814
201909 0.556 109.800 0.583
201912 1.996 111.200 2.068
202003 0.241 112.300 0.247
202006 0.772 110.400 0.806
202009 1.113 111.700 1.148
202012 1.746 111.500 1.804
202103 0.819 112.662 0.838
202106 0.910 111.769 0.938
202109 0.755 112.215 0.775
202112 1.033 113.108 1.052
202203 0.629 114.335 0.634
202206 0.432 114.558 0.435
202209 0.726 115.339 0.725
202212 1.574 115.116 1.576
202303 0.595 115.116 0.596
202306 0.505 114.558 0.508
202309 0.511 115.339 0.511
202312 1.160 114.781 1.165
202403 0.159 115.227 0.159

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.


Troy Information Technology Co  (SZSE:300366) 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.


Troy Information Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Troy Information Technology Co (SZSE:300366) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Xixin Avenue, High-tech Zone, Gaoxin West District, Chengdu, CHN, 611731
Troy Information Technology Co Ltd is a Chinese technical service provider for telecom operators. Its product technologies include big data, Cloud computing, and Wisdom. Its big data products include enterprise-level big data platform, big data business model platform, big data processing platform, and big data capability sharing platform.
Executives
Wang Xiao Wei Director
Li Jing Directors, executives
Du Guang Xiang Directors, executives
Lu Wen Bin Director
He Wen Jiang Directors, executives
Liu Jie Executives
Wang Xiao Ming Director
Wang Yong Supervisors
Lei Li Directors, executives
Zhou Xue Jun Director
Gu Hong Bin Executives

Troy Information Technology Co (SZSE:300366) Headlines

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