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Chase Science Co (SZSE:300941) Cyclically Adjusted PS Ratio : 5.94 (As of Jun. 04, 2024)


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What is Chase Science Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Chase Science Co's current share price is ¥16.94. Chase Science Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥2.85. Chase Science Co's Cyclically Adjusted PS Ratio for today is 5.94.

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

SZSE:300941' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.45   Med: 7.1   Max: 9.44
Current: 6.37

During the past 10 years, Chase Science Co's highest Cyclically Adjusted PS Ratio was 9.44. The lowest was 5.45. And the median was 7.10.

SZSE:300941's Cyclically Adjusted PS Ratio is ranked worse than
83.37% of 1455 companies
in the Software industry
Industry Median: 1.82 vs SZSE:300941: 6.37

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.

Chase Science Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥1.286. 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 ¥2.85 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chase Science Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chase Science 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.

Chase Science Co Cyclically Adjusted PS Ratio Chart

Chase Science Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.50

Chase Science 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 - - - 8.50 -

Competitive Comparison of Chase Science Co's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Chase Science 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.


Chase Science Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where Chase Science Co's Cyclically Adjusted PS Ratio falls into.



Chase Science 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.

Chase Science Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.94/2.85
=5.94

* 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.

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

For example, Chase Science 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)
=1.286/114.7809*114.7809
=1.286

Current CPI (Dec23) = 114.7809.

Chase Science Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 3.541 97.624 4.163
201412 2.925 99.000 3.391
201612 2.211 102.600 2.473
201712 2.358 104.500 2.590
201812 2.652 106.500 2.858
201912 3.535 111.200 3.649
202012 3.998 111.500 4.116
202112 2.062 113.108 2.093
202212 1.931 115.116 1.925
202312 1.286 114.781 1.286

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.


Chase Science Co  (SZSE:300941) 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.


Chase Science Co Cyclically Adjusted PS Ratio Related Terms

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


Chase Science Co (SZSE:300941) Business Description

Traded in Other Exchanges
N/A
Address
Kuaian Avenue, Science and Technology Park, 2nd Floor, Innovation Building, Fuzhou Development Zone, Fujian Province, Fuzhou, CHN, 350004
Chase Science Co Ltd operates as an electronic payment information technology solution provider. The company's products are to provide merchants and banks with software and hardware products and services related to electronic payment.
Executives
Yang Liu Chu Supervisors
Cong Deng Gao Executives
Huang Zhong Heng Directors, executives
Jiang Xiu Yan Executives
Tian Wei Executives
Zhang Yue Jun Supervisors
Wu Zhen Lin Executives
Peng Hong Yi Secretary, Director

Chase Science Co (SZSE:300941) Headlines

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