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Viewtran Group (Viewtran Group) Cyclically Adjusted PS Ratio : (As of May. 12, 2024)


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What is Viewtran Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viewtran Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Viewtran Group'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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Viewtran Group Cyclically Adjusted PS Ratio Chart

Viewtran Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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Viewtran Group Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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Competitive Comparison of Viewtran Group's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Viewtran Group'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.


Viewtran Group's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Viewtran Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Viewtran Group's Cyclically Adjusted PS Ratio falls into.



Viewtran Group 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.

Viewtran Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2013 is calculated as:

For example, Viewtran Group's adjusted Revenue per Share data for the three months ended in Dec. 2013 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2013 (Change)*Current CPI (Dec. 2013)
=1.21/97.6238*97.6238
=1.210

Current CPI (Dec. 2013) = 97.6238.

Viewtran Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200403 0.000 73.682 0.000
200406 0.000 73.459 0.000
200409 0.818 74.637 1.070
200412 0.769 74.488 1.008
200503 0.774 75.597 1.000
200506 0.937 74.618 1.226
200509 0.846 75.290 1.097
200512 1.022 75.666 1.319
200603 1.017 76.340 1.301
200606 1.229 76.034 1.578
200609 1.273 76.413 1.626
200612 1.392 77.793 1.747
200703 1.296 78.884 1.604
200706 1.324 79.357 1.629
200709 1.414 81.276 1.698
200712 1.698 82.911 1.999
200803 1.493 85.485 1.705
200806 1.692 85.058 1.942
200809 1.911 85.057 2.193
200812 2.083 83.956 2.422
200903 1.697 84.457 1.962
200906 1.951 83.615 2.278
200909 2.173 84.369 2.514
200912 2.318 85.386 2.650
201003 2.122 86.316 2.400
201006 2.378 85.886 2.703
201009 2.628 87.267 2.940
201012 2.909 89.289 3.181
201103 2.659 91.154 2.848
201106 3.470 91.612 3.698
201109 4.025 92.711 4.238
201112 -10.821 92.885 -11.373
201203 4.690 94.367 4.852
201206 5.293 93.495 5.527
201209 1.847 94.482 1.908
201212 -4.576 95.237 -4.691
201303 5.293 96.372 5.362
201306 5.588 95.984 5.683
201309 0.166 97.332 0.166
201312 1.210 97.624 1.210

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.


Viewtran Group  (OTCPK:VIEWF) 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.


Viewtran Group Cyclically Adjusted PS Ratio Related Terms

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Viewtran Group (Viewtran Group) Business Description

Traded in Other Exchanges
N/A
Address
Room 1501, Tower C, Skyworth Building, High-Tech Industrial Park, Nanshan, Shenzhen, CHN, 518057
Viewtran Group Inc provides supply chain financial services and enterprise solutions for the technology industry in China. It has Product Sales and Service Revenue segments. Products sales segment comprises sale of components for digital media, telecommunication system and equipment and industrial applications end-markets. Service revenue segment encompasses provision of technology and engineering services, business process outsourcing, network, system integration and related training and maintenance services. The company mainly operates in China.

Viewtran Group (Viewtran Group) Headlines

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