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Suning.com Co (SZSE:002024) Cyclically Adjusted PS Ratio : 0.08 (As of Apr. 29, 2024)


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What is Suning.com Co Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Suning.com Co's current share price is ¥1.56. Suning.com Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ¥20.09. Suning.com Co's Cyclically Adjusted PS Ratio for today is 0.08.

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

SZSE:002024' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.69   Max: 1.99
Current: 0.08

During the past years, Suning.com Co's highest Cyclically Adjusted PS Ratio was 1.99. The lowest was 0.07. And the median was 0.69.

SZSE:002024's Cyclically Adjusted PS Ratio is ranked better than
91.89% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs SZSE:002024: 0.08

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.

Suning.com Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ¥1.557. 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 ¥20.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suning.com Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Suning.com 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.

Suning.com Co Cyclically Adjusted PS Ratio Chart

Suning.com 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 0.50 0.36 0.19 0.11 0.09

Suning.com 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 0.11 0.10 0.09 0.09 0.09

Competitive Comparison of Suning.com Co's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Suning.com 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.


Suning.com Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Suning.com Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Suning.com 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.

Suning.com Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.56/20.09
=0.08

* 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.

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

For example, Suning.com 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)
=1.557/114.6694*114.6694
=1.557

Current CPI (Dec. 2023) = 114.6694.

Suning.com Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.165 98.600 3.681
201406 3.589 98.200 4.191
201409 3.990 98.900 4.626
201412 4.442 99.000 5.145
201503 3.549 99.900 4.074
201506 5.962 99.500 6.871
201509 4.136 100.500 4.719
201512 5.773 100.600 6.580
201603 4.301 102.200 4.826
201606 7.818 101.400 8.841
201609 3.853 102.400 4.315
201612 3.593 102.600 4.016
201703 4.012 103.200 4.458
201706 4.980 103.100 5.539
201709 5.165 104.100 5.689
201712 5.902 104.500 6.476
201803 5.308 105.300 5.780
201806 6.585 104.900 7.198
201809 6.700 106.600 7.207
201812 7.820 106.500 8.420
201903 6.733 107.700 7.169
201906 7.943 107.700 8.457
201909 7.128 109.800 7.444
201912 7.328 111.200 7.557
202003 6.215 112.300 6.346
202006 6.731 110.400 6.991
202009 6.710 111.700 6.888
202012 7.312 111.500 7.520
202103 5.801 112.662 5.904
202106 4.193 111.769 4.302
202109 2.438 112.215 2.491
202112 2.444 113.108 2.478
202203 2.081 114.335 2.087
202206 1.860 114.558 1.862
202209 2.160 115.339 2.147
202212 1.745 115.116 1.738
202303 1.733 115.116 1.726
202306 1.970 114.558 1.972
202309 1.624 115.339 1.615
202312 1.557 114.669 1.557

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.


Suning.com Co  (SZSE:002024) 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.


Suning.com Co Cyclically Adjusted PS Ratio Related Terms

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


Suning.com Co (SZSE:002024) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Shanxi Road, 1-5th floor, Jinshan Building, Jiangsu Province, Nanjing, CHN, 210042
Suning.com Co Ltd, formerly Suning Commerce Group Co Ltd, is a retail shop offering electronic appliances such as air-conditioners, refrigerators, washing machines, color TVs, audio-video products, small home appliances, communication products, computers and digital products.

Suning.com Co (SZSE:002024) Headlines

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