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Silkroad Vision Technology Co (SZSE:300556) Cyclically Adjusted PS Ratio : 2.23 (As of Jun. 20, 2024)


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What is Silkroad Vision Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Silkroad Vision Technology Co's current share price is ¥17.40. Silkroad Vision Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥7.82. Silkroad Vision Technology Co's Cyclically Adjusted PS Ratio for today is 2.23.

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

SZSE:300556' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.2   Med: 3.27   Max: 5.96
Current: 2.2

During the past 13 years, Silkroad Vision Technology Co's highest Cyclically Adjusted PS Ratio was 5.96. The lowest was 2.20. And the median was 3.27.

SZSE:300556's Cyclically Adjusted PS Ratio is ranked worse than
78.55% of 718 companies
in the Media - Diversified industry
Industry Median: 0.89 vs SZSE:300556: 2.20

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.

Silkroad Vision Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥11.812. 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 ¥7.82 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silkroad Vision Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Silkroad Vision 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.

Silkroad Vision Technology Co Cyclically Adjusted PS Ratio Chart

Silkroad Vision 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 - 3.58 4.76 2.48 4.71

Silkroad Vision 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 - - - 4.71 -

Competitive Comparison of Silkroad Vision Technology Co's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Silkroad Vision 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.


Silkroad Vision Technology Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silkroad Vision Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Silkroad Vision 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.

Silkroad Vision Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.40/7.82
=2.23

* 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.

Silkroad Vision Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Silkroad Vision Technology Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=11.812/114.7809*114.7809
=11.812

Current CPI (Dec23) = 114.7809.

Silkroad Vision Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.033 99.000 4.676
201512 4.203 100.600 4.795
201612 4.923 102.600 5.507
201712 4.616 104.500 5.070
201812 6.408 106.500 6.906
201912 7.899 111.200 8.153
202012 8.450 111.500 8.699
202112 11.600 113.108 11.772
202212 10.853 115.116 10.821
202312 11.812 114.781 11.812

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.


Silkroad Vision Technology Co  (SZSE:300556) 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.


Silkroad Vision Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Silkroad Vision Technology Co (SZSE:300556) Business Description

Traded in Other Exchanges
N/A
Address
Shi Flower Road, Room 108, Building B4, Fu Plaza Fantasia, Futian Free Trade Zone, Shenzhen, CHN, 518000
Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It primarily serves the government departments, real estate enterprises, design institutes and other enterprises.
Executives
Wang Yu Secretary Dong
Wang Jun Ping Director
Wang Xiu Qin Directors, executives
Tian Wan Jun Executives
Hu Jing Hua Director
Yue Feng Executives
Li Meng Di Directors, executives
Li Peng Hui Directors, executives
Ding Peng Qing Executives
Kang Yu Lu Executives
Xiang Lan Di Supervisors
Wang Dan Executives
He Tao Executives
Pei Ge Xin Directors, executives
Dong Hai Ping Director

Silkroad Vision Technology Co (SZSE:300556) Headlines

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