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Kunlun Tech Co (SZSE:300418) Cyclically Adjusted PS Ratio : 9.58 (As of Jun. 03, 2024)


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What is Kunlun Tech Co Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Kunlun Tech Co's current share price is ¥34.98. Kunlun Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.65. Kunlun Tech Co's Cyclically Adjusted PS Ratio for today is 9.58.

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

SZSE:300418' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.03   Med: 10.3   Max: 18.15
Current: 9.55

During the past years, Kunlun Tech Co's highest Cyclically Adjusted PS Ratio was 18.15. The lowest was 4.03. And the median was 10.30.

SZSE:300418's Cyclically Adjusted PS Ratio is ranked worse than
92.67% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs SZSE:300418: 9.55

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.

Kunlun Tech Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.966. 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 ¥3.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kunlun Tech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kunlun Tech 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.

Kunlun Tech Co Cyclically Adjusted PS Ratio Chart

Kunlun Tech 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 - - - 4.03 10.34

Kunlun Tech 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 13.02 11.25 10.58 10.34 10.91

Competitive Comparison of Kunlun Tech Co's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Kunlun Tech 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.


Kunlun Tech Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kunlun Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kunlun Tech 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.

Kunlun Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.98/3.65
=9.58

* 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.

Kunlun Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kunlun Tech 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)
=0.966/115.2271*115.2271
=0.966

Current CPI (Mar. 2024) = 115.2271.

Kunlun Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.535 98.200 0.628
201409 0.592 98.900 0.690
201412 0.563 99.000 0.655
201503 0.392 99.900 0.452
201506 1.609 99.500 1.863
201509 1.498 100.500 1.718
201512 0.440 100.600 0.504
201603 0.489 102.200 0.551
201606 0.613 101.400 0.697
201609 0.572 102.400 0.644
201612 0.469 102.600 0.527
201703 0.755 103.200 0.843
201706 0.737 103.100 0.824
201709 0.829 104.100 0.918
201712 0.740 104.500 0.816
201803 0.760 105.300 0.832
201806 0.779 104.900 0.856
201809 0.815 106.600 0.881
201812 0.784 106.500 0.848
201903 0.749 107.700 0.801
201906 0.780 107.700 0.835
201909 0.811 109.800 0.851
201912 0.848 111.200 0.879
202003 1.725 112.300 1.770
202006 1.119 110.400 1.168
202009 0.470 111.700 0.485
202012 0.885 111.500 0.915
202103 0.925 112.662 0.946
202106 1.033 111.769 1.065
202109 1.076 112.215 1.105
202112 1.073 113.108 1.093
202203 0.988 114.335 0.996
202206 0.899 114.558 0.904
202209 0.963 115.339 0.962
202212 1.090 115.116 1.091
202303 1.033 115.116 1.034
202306 0.935 114.558 0.940
202309 1.111 115.339 1.110
202312 0.871 114.781 0.874
202403 0.966 115.227 0.966

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.


Kunlun Tech Co  (SZSE:300418) 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.


Kunlun Tech Co Cyclically Adjusted PS Ratio Related Terms

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


Kunlun Tech Co (SZSE:300418) Business Description

Traded in Other Exchanges
N/A
Address
No. 46, Xizongbu Hutong, Block B, Mingyang International Center, Dongcheng District, Beijing, CHN, 100005
Kunlun Tech Co Ltd engages in the development and distribution of online games in China. It also operates software application stores. The company develops and distributes web games, social games, mobile games, and software applications. Geographically the company distributes its products in domestic and overseas markets.
Executives
Zhou Ya Hui Director
Wang Li Wei Directors, executives
Fang Han Executives

Kunlun Tech Co (SZSE:300418) Headlines

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