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Fiberhome Telecommunication Technologies Co (SHSE:600498) Cyclically Adjusted PS Ratio : 0.78 (As of May. 31, 2024)


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What is Fiberhome Telecommunication Technologies Co Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Fiberhome Telecommunication Technologies Co's current share price is ¥16.09. Fiberhome Telecommunication Technologies Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥20.73. Fiberhome Telecommunication Technologies Co's Cyclically Adjusted PS Ratio for today is 0.78.

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

SHSE:600498' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.03   Max: 5.2
Current: 0.81

During the past years, Fiberhome Telecommunication Technologies Co's highest Cyclically Adjusted PS Ratio was 5.20. The lowest was 0.63. And the median was 2.03.

SHSE:600498's Cyclically Adjusted PS Ratio is ranked better than
58.85% of 1920 companies
in the Hardware industry
Industry Median: 1.07 vs SHSE:600498: 0.81

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.

Fiberhome Telecommunication Technologies Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥3.659. 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 ¥20.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiberhome Telecommunication Technologies Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fiberhome Telecommunication Technologies 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.

Fiberhome Telecommunication Technologies Co Cyclically Adjusted PS Ratio Chart

Fiberhome Telecommunication Technologies 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 1.73 1.41 0.98 0.68 0.81

Fiberhome Telecommunication Technologies 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 1.01 1.03 0.97 0.81 0.87

Competitive Comparison of Fiberhome Telecommunication Technologies Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Fiberhome Telecommunication Technologies 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.


Fiberhome Telecommunication Technologies Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fiberhome Telecommunication Technologies Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fiberhome Telecommunication Technologies Co's Cyclically Adjusted PS Ratio falls into.



Fiberhome Telecommunication Technologies 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.

Fiberhome Telecommunication Technologies Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.09/20.73
=0.78

* 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.

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

For example, Fiberhome Telecommunication Technologies 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)
=3.659/115.2271*115.2271
=3.659

Current CPI (Mar. 2024) = 115.2271.

Fiberhome Telecommunication Technologies Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.103 98.200 3.641
201409 2.542 98.900 2.962
201412 3.242 99.000 3.773
201503 2.302 99.900 2.655
201506 3.703 99.500 4.288
201509 2.846 100.500 3.263
201512 3.892 100.600 4.458
201603 2.575 102.200 2.903
201606 4.873 101.400 5.537
201609 4.170 102.400 4.692
201612 5.146 102.600 5.779
201703 3.303 103.200 3.688
201706 6.045 103.100 6.756
201709 5.058 104.100 5.599
201712 5.526 104.500 6.093
201803 3.966 105.300 4.340
201806 6.022 104.900 6.615
201809 5.649 106.600 6.106
201812 6.474 106.500 7.005
201903 4.100 107.700 4.387
201906 6.335 107.700 6.778
201909 4.832 109.800 5.071
201912 5.431 111.200 5.628
202003 2.448 112.300 2.512
202006 6.271 110.400 6.545
202009 5.474 111.700 5.647
202012 4.866 111.500 5.029
202103 4.016 112.662 4.107
202106 6.103 111.769 6.292
202109 5.276 112.215 5.418
202112 5.304 113.108 5.403
202203 3.402 114.335 3.429
202206 9.960 114.558 10.018
202209 6.019 115.339 6.013
202212 4.954 115.116 4.959
202303 4.025 115.116 4.029
202306 8.953 114.558 9.005
202309 6.598 115.339 6.592
202312 6.584 114.781 6.610
202403 3.659 115.227 3.659

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.


Fiberhome Telecommunication Technologies Co  (SHSE:600498) 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.


Fiberhome Telecommunication Technologies Co Cyclically Adjusted PS Ratio Related Terms

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


Fiberhome Telecommunication Technologies Co (SHSE:600498) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Youkeyuan Road, Hongshan District, Hubei, Wuhan, CHN, 430074
Fiberhome Telecommunication Technologies Co Ltd is a China-based company engaged in the manufacture and sales of communication equipment. Its main products include communication system equipment, optical fibers, cables and data networking products, such as the optical networking products, Internet protocol (IP) data products, broadband access products, optical fibers and cable products, wireless communication products and power supplies, as well as the optoelectronic devices. The company mainly distributes its products in domestic and overseas markets.
Executives
Fan Zhi Qiang senior management
Fan Zhi Wen senior management
Ceng Jun senior management
Wang Yang senior management
He Jian Ming senior management
Li Shi Yu senior management
Lan Hai senior management
Fu Yu Hang senior management
Ge Jun Directors, senior managers
He Shu Ping Director
Lu Guo Qing Director
Yang Zhuang senior management
Wang Yan Liang senior management
Lv Wei Ping Director
Tong Guo Hua Director

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