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Orient Securities Co (FRA:OS9) Cyclically Adjusted PS Ratio : 3.69 (As of Jun. 08, 2024)


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What is Orient Securities Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Orient Securities Co's current share price is €0.332. Orient Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.09. Orient Securities Co's Cyclically Adjusted PS Ratio for today is 3.69.

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

FRA:OS9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.28   Med: 4.25   Max: 7.79
Current: 3.56

During the past years, Orient Securities Co's highest Cyclically Adjusted PS Ratio was 7.79. The lowest was 3.28. And the median was 4.25.

FRA:OS9's Cyclically Adjusted PS Ratio is ranked worse than
54.9% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs FRA:OS9: 3.56

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.

Orient Securities Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.051. 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 €0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orient Securities Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orient Securities 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.

Orient Securities Co Cyclically Adjusted PS Ratio Chart

Orient Securities 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 - - 6.34 3.87 3.86

Orient Securities 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 4.26 4.26 4.18 3.86 3.63

Competitive Comparison of Orient Securities Co's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Orient Securities 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.


Orient Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Orient Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Orient Securities 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.

Orient Securities Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.332/0.09
=3.69

* 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.

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

For example, Orient Securities 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)
=0.051/115.2271*115.2271
=0.051

Current CPI (Mar. 2024) = 115.2271.

Orient Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.026 98.200 0.031
201409 0.037 98.900 0.043
201412 0.061 99.000 0.071
201503 0.138 99.900 0.159
201506 0.181 99.500 0.210
201509 0.034 100.500 0.039
201512 0.090 100.600 0.103
201603 0.034 102.200 0.038
201606 0.036 101.400 0.041
201609 0.040 102.400 0.045
201612 0.042 102.600 0.047
201703 0.046 103.200 0.051
201706 0.050 103.100 0.056
201709 0.049 104.100 0.054
201712 0.066 104.500 0.073
201803 0.029 105.300 0.032
201806 0.039 104.900 0.043
201809 0.042 106.600 0.045
201812 0.072 106.500 0.078
201903 0.072 107.700 0.077
201906 0.068 107.700 0.073
201909 0.103 109.800 0.108
201912 0.096 111.200 0.099
202003 0.069 112.300 0.071
202006 0.095 110.400 0.099
202009 0.104 111.700 0.107
202012 0.110 111.500 0.114
202103 0.086 112.662 0.088
202106 0.130 111.769 0.134
202109 0.093 112.215 0.095
202112 0.096 113.108 0.098
202203 0.038 114.335 0.038
202206 0.080 114.558 0.080
202209 0.099 115.339 0.099
202212 0.094 115.116 0.094
202303 0.064 115.116 0.064
202306 0.058 114.558 0.058
202309 0.072 115.339 0.072
202312 0.043 114.781 0.043
202403 0.051 115.227 0.051

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.


Orient Securities Co  (FRA:OS9) 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.


Orient Securities Co Cyclically Adjusted PS Ratio Related Terms

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


Orient Securities Co (FRA:OS9) Business Description

Traded in Other Exchanges
Address
No. 119 South Zhongshan Road, Orient Securities Building, Huangpu District, Shanghai, CHN, 200010
Orient Securities Co Ltd is engaged in sales and trading of securities including investment and trading, fixed income investment and trading, financial derivatives trading business, NEEQ market-making business, alternative investment, and securities research services. It engages in alternative investment business through Orient Securities Innovation Investment. The company's segments include Securities Sales and Trading, Investment Management, Brokerage and Securities Financing, Investment Banking, and Headquarters and Others. The majority of the revenue is earned from the Brokerage and Securities Financing segment.

Orient Securities Co (FRA:OS9) Headlines

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