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Suzhou TFC Optical Communications Co (SZSE:300394) Cyclically Adjusted PS Ratio : 56.63 (As of May. 24, 2024)


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What is Suzhou TFC Optical Communications Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Suzhou TFC Optical Communications Co's current share price is ¥130.81. Suzhou TFC Optical Communications Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.31. Suzhou TFC Optical Communications Co's Cyclically Adjusted PS Ratio for today is 56.63.

The historical rank and industry rank for Suzhou TFC Optical Communications Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300394' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.41   Med: 42.94   Max: 75.45
Current: 58.35

During the past years, Suzhou TFC Optical Communications Co's highest Cyclically Adjusted PS Ratio was 75.45. The lowest was 14.41. And the median was 42.94.

SZSE:300394's Cyclically Adjusted PS Ratio is ranked worse than
100% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs SZSE:300394: 58.35

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.

Suzhou TFC Optical Communications Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.850. 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 ¥2.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzhou TFC Optical Communications Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Suzhou TFC Optical Communications 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.

Suzhou TFC Optical Communications Co Cyclically Adjusted PS Ratio Chart

Suzhou TFC Optical Communications 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 - - - 14.07 42.83

Suzhou TFC Optical Communications Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.26 57.05 47.22 42.83 65.43

Competitive Comparison of Suzhou TFC Optical Communications Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Suzhou TFC Optical Communications 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.


Suzhou TFC Optical Communications Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou TFC Optical Communications Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Suzhou TFC Optical Communications Co's Cyclically Adjusted PS Ratio falls into.



Suzhou TFC Optical Communications 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.

Suzhou TFC Optical Communications Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=130.81/2.31
=56.63

* 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.

Suzhou TFC Optical Communications Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Suzhou TFC Optical Communications Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.85/115.2271*115.2271
=1.850

Current CPI (Mar. 2024) = 115.2271.

Suzhou TFC Optical Communications Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.221 98.200 0.259
201409 0.189 98.900 0.220
201412 0.186 99.000 0.216
201503 0.166 99.900 0.191
201506 0.199 99.500 0.230
201509 0.169 100.500 0.194
201512 0.209 100.600 0.239
201603 0.211 102.200 0.238
201606 0.219 101.400 0.249
201609 0.242 102.400 0.272
201612 0.254 102.600 0.285
201703 0.261 103.200 0.291
201706 0.252 103.100 0.282
201709 0.240 104.100 0.266
201712 0.258 104.500 0.284
201803 0.296 105.300 0.324
201806 0.324 104.900 0.356
201809 0.336 106.600 0.363
201812 0.332 106.500 0.359
201903 0.314 107.700 0.336
201906 0.382 107.700 0.409
201909 0.376 109.800 0.395
201912 0.389 111.200 0.403
202003 0.439 112.300 0.450
202006 1.188 110.400 1.240
202009 0.737 111.700 0.760
202012 1.086 111.500 1.122
202103 1.185 112.662 1.212
202106 0.436 111.769 0.449
202109 0.704 112.215 0.723
202112 0.668 113.108 0.681
202203 0.719 114.335 0.725
202206 0.752 114.558 0.756
202209 0.793 115.339 0.792
202212 0.781 115.116 0.782
202303 0.727 115.116 0.728
202306 0.955 114.558 0.961
202309 1.371 115.339 1.370
202312 1.848 114.781 1.855
202403 1.850 115.227 1.850

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.


Suzhou TFC Optical Communications Co  (SZSE:300394) 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.


Suzhou TFC Optical Communications Co Cyclically Adjusted PS Ratio Related Terms

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


Suzhou TFC Optical Communications Co (SZSE:300394) Business Description

Traded in Other Exchanges
N/A
Address
No. 695, Changjiang Road, High-new District, Jiangsu Province, Suzhou, CHN
Suzhou TFC Optical Communications Co Ltd is a fiber optical network connective component solution provider. It integrates Research and Development, production, and marketing of the products, which are widely used in telecom communication, data communication, and the Internet of things. Its products include Zirconia ceramics, CNC precision metal parts, Receptacles, Isolators, Fiber lenses, Fiber optic connectors, injection molding, and Optical fiber adaptors.

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