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ChinaEtek Service and Technology Co (SZSE:301208) Cyclically Adjusted PS Ratio : 4.20 (As of Jun. 01, 2025)


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What is ChinaEtek Service and Technology Co Cyclically Adjusted PS Ratio?

As of today (2025-06-01), ChinaEtek Service and Technology Co's current share price is ¥39.57. ChinaEtek Service and Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was ¥9.42. ChinaEtek Service and Technology Co's Cyclically Adjusted PS Ratio for today is 4.20.

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

SZSE:301208' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.38   Med: 3.43   Max: 5.03
Current: 4.2

During the past 11 years, ChinaEtek Service and Technology Co's highest Cyclically Adjusted PS Ratio was 5.03. The lowest was 2.38. And the median was 3.43.

SZSE:301208's Cyclically Adjusted PS Ratio is ranked worse than
68.24% of 1373 companies
in the Software industry
Industry Median: 2.08 vs SZSE:301208: 4.20

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.

ChinaEtek Service and Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec24 was ¥9.272. 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 ¥9.42 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


ChinaEtek Service and Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ChinaEtek Service and 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.

ChinaEtek Service and Technology Co Cyclically Adjusted PS Ratio Chart

ChinaEtek Service and Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.67 4.09

ChinaEtek Service and Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 4.09 -

Competitive Comparison of ChinaEtek Service and Technology Co's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, ChinaEtek Service and 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.


ChinaEtek Service and Technology Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where ChinaEtek Service and Technology Co's Cyclically Adjusted PS Ratio falls into.


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ChinaEtek Service and 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.

ChinaEtek Service and Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.57/9.42
=4.20

* 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.

ChinaEtek Service and Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, ChinaEtek Service and Technology Co's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=9.272/114.8925*114.8925
=9.272

Current CPI (Dec24) = 114.8925.

ChinaEtek Service and Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 4.039 97.624 4.753
201412 5.556 99.000 6.448
201712 8.395 104.500 9.230
201812 7.857 106.500 8.476
201912 9.043 111.200 9.343
202012 9.095 111.500 9.372
202112 13.151 113.108 13.359
202212 12.246 115.116 12.222
202312 11.689 114.781 11.700
202412 9.272 114.893 9.272

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.


ChinaEtek Service and Technology Co  (SZSE:301208) 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.


ChinaEtek Service and Technology Co Cyclically Adjusted PS Ratio Related Terms

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


ChinaEtek Service and Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Xueyuan South Road, Room 501, Block A, Ji'an Building, Haidian District, Beijing, CHN, 100037
ChinaEtek Service and Technology Co Ltd is a comprehensive provider of IT architecture services and products in China. It offers information technology operation and maintenance services, original software and hardware products, independent intelligent operation and maintenance products and operation data analysis services.
Executives
Zhang Ai Hong Executives
Yang Ling Executives
Du Da Shan Supervisors

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