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Yunnan Baiyao Group Co (SZSE:000538) Cyclically Adjusted PS Ratio : 2.85 (As of Apr. 28, 2024)


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What is Yunnan Baiyao Group Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Yunnan Baiyao Group Co's current share price is ¥55.33. Yunnan Baiyao Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ¥19.41. Yunnan Baiyao Group Co's Cyclically Adjusted PS Ratio for today is 2.85.

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

SZSE:000538' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.38   Med: 5.16   Max: 10.68
Current: 2.85

During the past years, Yunnan Baiyao Group Co's highest Cyclically Adjusted PS Ratio was 10.68. The lowest was 2.38. And the median was 5.16.

SZSE:000538's Cyclically Adjusted PS Ratio is ranked worse than
61.82% of 736 companies
in the Drug Manufacturers industry
Industry Median: 2.06 vs SZSE:000538: 2.85

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.

Yunnan Baiyao Group Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ¥5.248. 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 ¥19.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yunnan Baiyao Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yunnan Baiyao Group 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.

Yunnan Baiyao Group Co Cyclically Adjusted PS Ratio Chart

Yunnan Baiyao Group 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 4.50 5.34 4.37 2.92 2.53

Yunnan Baiyao Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.92 2.89 2.76 2.75 2.53

Competitive Comparison of Yunnan Baiyao Group Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Yunnan Baiyao Group 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.


Yunnan Baiyao Group Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Yunnan Baiyao Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yunnan Baiyao Group 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.

Yunnan Baiyao Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.33/19.41
=2.85

* 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.

Yunnan Baiyao Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Yunnan Baiyao Group Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.248/114.6694*114.6694
=5.248

Current CPI (Dec. 2023) = 114.6694.

Yunnan Baiyao Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.829 98.600 3.290
201406 3.117 98.200 3.640
201409 3.208 98.900 3.720
201412 3.777 99.000 4.375
201503 3.235 99.900 3.713
201506 3.335 99.500 3.843
201509 3.522 100.500 4.019
201512 4.128 100.600 4.705
201603 3.563 102.200 3.998
201606 3.590 101.400 4.060
201609 3.989 102.400 4.467
201612 4.155 102.600 4.644
201703 4.074 103.200 4.527
201706 4.114 103.100 4.576
201709 4.154 104.100 4.576
201712 4.334 104.500 4.756
201803 4.323 105.300 4.708
201806 4.709 104.900 5.148
201809 4.694 106.600 5.049
201812 3.944 106.500 4.247
201903 3.913 107.700 4.166
201906 3.862 107.700 4.112
201909 4.317 109.800 4.508
201912 4.524 111.200 4.665
202003 4.314 112.300 4.405
202006 4.346 110.400 4.514
202009 4.723 111.700 4.849
202012 4.887 111.500 5.026
202103 5.800 112.662 5.903
202106 6.803 111.769 6.980
202109 7.277 112.215 7.436
202112 6.174 113.108 6.259
202203 7.322 114.335 7.343
202206 5.860 114.558 5.866
202209 4.955 115.339 4.926
202212 5.322 115.116 5.301
202303 5.887 115.116 5.864
202306 5.461 114.558 5.466
202309 5.214 115.339 5.184
202312 5.248 114.669 5.248

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.


Yunnan Baiyao Group Co  (SZSE:000538) 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.


Yunnan Baiyao Group Co Cyclically Adjusted PS Ratio Related Terms

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


Yunnan Baiyao Group Co (SZSE:000538) Business Description

Traded in Other Exchanges
N/A
Address
No. 3686, Baiyao Street, Chancheng District, Yunnan Province, Kunming, CHN, 650500
Yunnan Baiyao Group Co Ltd is engaged in the manufacturing and marketing of medicines, which includes herbal products, daily health products, raw medicine, drug classics and among others.

Yunnan Baiyao Group Co (SZSE:000538) Headlines

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