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Hangzhou Great Star Industrial Co (FRA:Y0O) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Hangzhou Great Star Industrial Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hangzhou Great Star Industrial Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hangzhou Great Star Industrial 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.

Hangzhou Great Star Industrial Co Cyclically Adjusted PS Ratio Chart

Hangzhou Great Star Industrial 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 2.84 7.22 6.00 3.16 3.42

Hangzhou Great Star Industrial 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 3.07 3.48 3.00 3.42 3.70

Competitive Comparison of Hangzhou Great Star Industrial Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Hangzhou Great Star Industrial 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.


Hangzhou Great Star Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Great Star Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Great Star Industrial Co's Cyclically Adjusted PS Ratio falls into.



Hangzhou Great Star Industrial 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.

Hangzhou Great Star Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hangzhou Great Star Industrial 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)
=1.768/115.2271*115.2271
=1.768

Current CPI (Mar. 2024) = 115.2271.

Hangzhou Great Star Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.360 98.200 0.422
201409 0.632 98.900 0.736
201412 0.454 99.000 0.528
201503 0.487 99.900 0.562
201506 0.444 99.500 0.514
201509 0.781 100.500 0.895
201512 0.515 100.600 0.590
201603 0.453 102.200 0.511
201606 0.572 101.400 0.650
201609 0.655 102.400 0.737
201612 0.610 102.600 0.685
201703 0.479 103.200 0.535
201706 0.536 103.100 0.599
201709 0.855 104.100 0.946
201712 0.715 104.500 0.788
201803 0.538 105.300 0.589
201806 0.806 104.900 0.885
201809 1.196 106.600 1.293
201812 1.004 106.500 1.086
201903 0.883 107.700 0.945
201906 0.966 107.700 1.034
201909 1.123 109.800 1.179
201912 1.037 111.200 1.075
202003 0.797 112.300 0.818
202006 1.479 110.400 1.544
202009 1.438 111.700 1.483
202012 1.264 111.500 1.306
202103 1.145 112.662 1.171
202106 1.410 111.769 1.454
202109 1.887 112.215 1.938
202112 2.007 113.108 2.045
202203 1.800 114.335 1.814
202206 2.102 114.558 2.114
202209 2.268 115.339 2.266
202212 1.635 115.116 1.637
202303 1.450 115.116 1.451
202306 1.451 114.558 1.459
202309 1.804 115.339 1.802
202312 1.250 114.781 1.255
202403 1.768 115.227 1.768

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.


Hangzhou Great Star Industrial Co  (FRA:Y0O) 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.


Hangzhou Great Star Industrial Co Cyclically Adjusted PS Ratio Related Terms

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Hangzhou Great Star Industrial Co (FRA:Y0O) Business Description

Traded in Other Exchanges
Address
No.35 Jiuhuan Road, Shangcheng District, Zhejiang, Hangzhou, CHN, 310019
Hangzhou Great Star Industrial Co Ltd is a developer, manufacturer, and supplier of tools, the company is a hand tool vendor in Asia. Its products include Hand tools; Specialty tools like drywall tools, masonry tools, painting tools, tile tools, electrical tools, plumbing tools, automotive tools, Garden tools; Power tools, Tool sets, Flashlights.

Hangzhou Great Star Industrial Co (FRA:Y0O) Headlines

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