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Wuxi JinYang New Materials Co (SZSE:301210) Cyclically Adjusted PS Ratio : (As of Jan. 18, 2025)


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What is Wuxi JinYang New Materials Co Cyclically Adjusted PS Ratio?

Wuxi JinYang New Materials Co does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

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Wuxi JinYang New Materials Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wuxi JinYang New Materials 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.

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Wuxi JinYang New Materials Co Cyclically Adjusted PS Ratio Chart

Wuxi JinYang New Materials Co Annual Data
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Cyclically Adjusted PS Ratio
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Wuxi JinYang New Materials Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Wuxi JinYang New Materials Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Wuxi JinYang New Materials 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.


Wuxi JinYang New Materials Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi JinYang New Materials Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Wuxi JinYang New Materials Co's Cyclically Adjusted PS Ratio falls into.



Wuxi JinYang New Materials 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.

Wuxi JinYang New Materials Co does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


Wuxi JinYang New Materials Co  (SZSE:301210) 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.


Wuxi JinYang New Materials Co Cyclically Adjusted PS Ratio Related Terms

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Wuxi JinYang New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Ganlu Xigan Road, Ehu Town, Xishan, Jiangsu, Wuxi, CHN, 214117
Wuxi JinYang New Materials Co Ltd is engaged in research & development, production and sales of battery precision structural parts and materials. Its main products are battery packaging shells, safety valves, and nickel-based conductor materials. The company is one of the leading manufacturers of battery precision structural parts and materials in China. Its products are Steel cases for cylindrical batteries, Cylindrical lithium caps, Aluminum shells for square power lithium batteries, Square lithium battery covers, and Ultra-precision cold rolled nickel strips and foil.

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