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Queclink Wireless Solutions Co (SZSE:300590) Cyclically Adjusted PS Ratio : 7.74 (As of Jun. 14, 2024)


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What is Queclink Wireless Solutions Co Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Queclink Wireless Solutions Co's current share price is ¥10.76. Queclink Wireless Solutions Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥1.39. Queclink Wireless Solutions Co's Cyclically Adjusted PS Ratio for today is 7.74.

The historical rank and industry rank for Queclink Wireless Solutions Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300590' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.63   Med: 8.77   Max: 16.78
Current: 7.34

During the past 12 years, Queclink Wireless Solutions Co's highest Cyclically Adjusted PS Ratio was 16.78. The lowest was 5.63. And the median was 8.77.

SZSE:300590's Cyclically Adjusted PS Ratio is ranked worse than
94.49% of 1923 companies
in the Hardware industry
Industry Median: 1.08 vs SZSE:300590: 7.34

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.

Queclink Wireless Solutions Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥2.215. 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 ¥1.39 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Queclink Wireless Solutions Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Queclink Wireless Solutions 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.

Queclink Wireless Solutions Co Cyclically Adjusted PS Ratio Chart

Queclink Wireless Solutions 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 - - 16.42 7.54 8.64

Queclink Wireless Solutions 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 - - - 8.64 -

Competitive Comparison of Queclink Wireless Solutions Co's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Queclink Wireless Solutions 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.


Queclink Wireless Solutions Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Queclink Wireless Solutions Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Queclink Wireless Solutions Co's Cyclically Adjusted PS Ratio falls into.



Queclink Wireless Solutions 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.

Queclink Wireless Solutions Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.76/1.39
=7.74

* 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.

Queclink Wireless Solutions Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Queclink Wireless Solutions 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)
=2.215/114.7809*114.7809
=2.215

Current CPI (Dec23) = 114.7809.

Queclink Wireless Solutions Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.614 99.000 0.712
201512 0.900 100.600 1.027
201612 0.834 102.600 0.933
201712 0.857 104.500 0.941
201812 1.104 106.500 1.190
201912 1.444 111.200 1.491
202012 1.080 111.500 1.112
202112 2.072 113.108 2.103
202212 2.178 115.116 2.172
202312 2.215 114.781 2.215

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.


Queclink Wireless Solutions Co  (SZSE:300590) 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.


Queclink Wireless Solutions Co Cyclically Adjusted PS Ratio Related Terms

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


Queclink Wireless Solutions Co (SZSE:300590) Business Description

Traded in Other Exchanges
N/A
Address
717 Yishan Road, 3rd Floor, Xuhui District, Shanghai, CHN, 200233
Queclink Wireless Solutions Co Ltd is a China based company engaged in supplying machine-to-machine (M2M) devices and solutions. The products offered by the company are asset trackers, personal trackers, vehicle tracker, and other accessories. It also offers solutions such as asset tracking, lone workers, telecare, monitoring, and fleet management.
Executives
Liao Rong Hua Directors, executives
Peng Wei Directors, executives
He Liang Executives
Zhang Jie Directors, executives
Tang Jun Securities Affairs Representative

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