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China Science Publishing & Media (SHSE:601858) Cyclically Adjusted PS Ratio : 6.37 (As of Jun. 07, 2024)


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What is China Science Publishing & Media Cyclically Adjusted PS Ratio?

As of today (2024-06-07), China Science Publishing & Media's current share price is ¥20.59. China Science Publishing & Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.23. China Science Publishing & Media's Cyclically Adjusted PS Ratio for today is 6.37.

The historical rank and industry rank for China Science Publishing & Media's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601858' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.61   Med: 7.19   Max: 7.37
Current: 6.61

During the past years, China Science Publishing & Media's highest Cyclically Adjusted PS Ratio was 7.37. The lowest was 6.61. And the median was 7.19.

SHSE:601858's Cyclically Adjusted PS Ratio is ranked worse than
94.99% of 718 companies
in the Media - Diversified industry
Industry Median: 0.89 vs SHSE:601858: 6.61

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.

China Science Publishing & Media's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.592. 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 ¥3.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Science Publishing & Media Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Science Publishing & Media'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.

China Science Publishing & Media Cyclically Adjusted PS Ratio Chart

China Science Publishing & Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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China Science Publishing & Media 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 - - - - 7.65

Competitive Comparison of China Science Publishing & Media's Cyclically Adjusted PS Ratio

For the Publishing subindustry, China Science Publishing & Media'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.


China Science Publishing & Media's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Science Publishing & Media's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Science Publishing & Media's Cyclically Adjusted PS Ratio falls into.



China Science Publishing & Media 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.

China Science Publishing & Media's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.59/3.23
=6.37

* 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.

China Science Publishing & Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Science Publishing & Media'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)
=0.592/115.2271*115.2271
=0.592

Current CPI (Mar. 2024) = 115.2271.

China Science Publishing & Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.446 100.500 0.511
201512 1.047 100.600 1.199
201603 0.361 102.200 0.407
201606 0.670 101.400 0.761
201609 0.475 102.400 0.535
201612 1.031 102.600 1.158
201703 0.323 103.200 0.361
201706 0.715 103.100 0.799
201709 0.573 104.100 0.634
201712 0.963 104.500 1.062
201803 0.383 105.300 0.419
201806 0.757 104.900 0.832
201809 0.614 106.600 0.664
201812 1.079 106.500 1.167
201903 0.593 107.700 0.634
201906 0.665 107.700 0.711
201909 0.738 109.800 0.774
201912 1.085 111.200 1.124
202003 0.250 112.300 0.257
202006 0.937 110.400 0.978
202009 0.831 111.700 0.857
202012 1.115 111.500 1.152
202103 0.470 112.662 0.481
202106 1.033 111.769 1.065
202109 0.698 112.215 0.717
202112 1.190 113.108 1.212
202203 0.390 114.335 0.393
202206 1.007 114.558 1.013
202209 0.833 115.339 0.832
202212 1.296 115.116 1.297
202303 0.527 115.116 0.528
202306 1.023 114.558 1.029
202309 0.826 115.339 0.825
202312 1.319 114.781 1.324
202403 0.592 115.227 0.592

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.


China Science Publishing & Media  (SHSE:601858) 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.


China Science Publishing & Media Cyclically Adjusted PS Ratio Related Terms

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China Science Publishing & Media (SHSE:601858) Business Description

Traded in Other Exchanges
N/A
Address
No.16, North Street, Donghuangcheng, Dongcheng District, Beijing, CHN, 100717
China Science Publishing & Media Ltd is a China based company engaged in providing publishing services. It offers books, journals, newspapers, literature and data, online publishing, import and export and printing services. For overseas distribution, the company uses Science Press brand.

China Science Publishing & Media (SHSE:601858) Headlines

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