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B-Soft Co (SZSE:300451) Cyclically Adjusted PS Ratio : 4.31 (As of May. 14, 2024)


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What is B-Soft Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), B-Soft Co's current share price is ¥4.14. B-Soft Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.96. B-Soft Co's Cyclically Adjusted PS Ratio for today is 4.31.

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

SZSE:300451' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.92   Med: 7.25   Max: 12.3
Current: 4.4

During the past years, B-Soft Co's highest Cyclically Adjusted PS Ratio was 12.30. The lowest was 3.92. And the median was 7.25.

SZSE:300451's Cyclically Adjusted PS Ratio is ranked worse than
82.2% of 337 companies
in the Healthcare Providers & Services industry
Industry Median: 1.21 vs SZSE:300451: 4.40

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.

B-Soft Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.304. 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 ¥0.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B-Soft Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for B-Soft 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.

B-Soft Co Cyclically Adjusted PS Ratio Chart

B-Soft 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 - - - - 7.01

B-Soft 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 11.73 8.97 7.19 7.01 4.75

Competitive Comparison of B-Soft Co's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, B-Soft 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.


B-Soft Co's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, B-Soft Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where B-Soft Co's Cyclically Adjusted PS Ratio falls into.



B-Soft 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.

B-Soft Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.14/0.96
=4.31

* 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.

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

For example, B-Soft 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)
=0.304/114.6694*114.6694
=0.304

Current CPI (Mar. 2024) = 114.6694.

B-Soft Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.111 98.200 0.130
201409 0.092 98.900 0.107
201412 0.175 99.000 0.203
201503 0.071 99.900 0.081
201506 0.135 99.500 0.156
201509 0.077 100.500 0.088
201512 0.134 100.600 0.153
201603 0.356 102.200 0.399
201606 0.063 101.400 0.071
201609 0.103 102.400 0.115
201612 0.192 102.600 0.215
201703 0.178 103.200 0.198
201706 0.185 103.100 0.206
201709 0.182 104.100 0.200
201712 0.319 104.500 0.350
201803 0.177 105.300 0.193
201806 0.176 104.900 0.192
201809 0.194 106.600 0.209
201812 0.361 106.500 0.389
201903 0.238 107.700 0.253
201906 0.215 107.700 0.229
201909 0.211 109.800 0.220
201912 0.388 111.200 0.400
202003 0.217 112.300 0.222
202006 0.241 110.400 0.250
202009 0.294 111.700 0.302
202012 0.278 111.500 0.286
202103 0.267 112.662 0.272
202106 0.226 111.769 0.232
202109 0.301 112.215 0.308
202112 0.454 113.108 0.460
202203 0.301 114.335 0.302
202206 0.233 114.558 0.233
202209 0.203 115.339 0.202
202212 0.380 115.116 0.379
202303 0.336 115.116 0.335
202306 0.261 114.558 0.261
202309 0.209 115.339 0.208
202312 0.250 114.669 0.250
202403 0.304 114.669 0.304

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.


B-Soft Co  (SZSE:300451) 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.


B-Soft Co Cyclically Adjusted PS Ratio Related Terms

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


B-Soft Co (SZSE:300451) Business Description

Traded in Other Exchanges
N/A
Address
No. 92, Yueda Lane, Changhe Street, 5th Floor, Entrepreneurship Building, Binjiang District, Zhejiang, Hangzhou, CHN, 310012
B-Soft Co Ltd is engaged in providing software and information technology services for the healthcare industry.

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