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Yonghui Superstores Co (SHSE:601933) Cyclically Adjusted PS Ratio : 0.28 (As of May. 14, 2024)


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What is Yonghui Superstores Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Yonghui Superstores Co's current share price is ¥2.43. Yonghui Superstores Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥8.58. Yonghui Superstores Co's Cyclically Adjusted PS Ratio for today is 0.28.

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

SHSE:601933' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.54   Max: 1.77
Current: 0.3

During the past years, Yonghui Superstores Co's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.25. And the median was 0.54.

SHSE:601933's Cyclically Adjusted PS Ratio is ranked better than
64.65% of 761 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs SHSE:601933: 0.30

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.

Yonghui Superstores Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.354. 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 ¥8.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yonghui Superstores Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yonghui Superstores 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.

Yonghui Superstores Co Cyclically Adjusted PS Ratio Chart

Yonghui Superstores 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 1.18 1.01 0.52 0.44 0.33

Yonghui Superstores 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 0.41 0.37 0.38 0.33 0.27

Competitive Comparison of Yonghui Superstores Co's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, Yonghui Superstores 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.


Yonghui Superstores Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Yonghui Superstores Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yonghui Superstores 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.

Yonghui Superstores Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.43/8.58
=0.28

* 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.

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

For example, Yonghui Superstores 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)
=2.354/114.6694*114.6694
=2.354

Current CPI (Mar. 2024) = 114.6694.

Yonghui Superstores Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.362 98.200 1.590
201409 1.413 98.900 1.638
201412 1.452 99.000 1.682
201503 1.693 99.900 1.943
201506 1.143 99.500 1.317
201509 3.005 100.500 3.429
201512 1.359 100.600 1.549
201603 1.705 102.200 1.913
201606 1.251 101.400 1.415
201609 1.714 102.400 1.919
201612 1.108 102.600 1.238
201703 1.642 103.200 1.824
201706 1.320 103.100 1.468
201709 1.778 104.100 1.959
201712 1.470 104.500 1.613
201803 2.007 105.300 2.186
201806 1.677 104.900 1.833
201809 2.169 106.600 2.333
201812 1.521 106.500 1.638
201903 2.374 107.700 2.528
201906 1.858 107.700 1.978
201909 2.648 109.800 2.765
201912 2.081 111.200 2.146
202003 2.986 112.300 3.049
202006 2.066 110.400 2.146
202009 2.535 111.700 2.602
202012 2.332 111.500 2.398
202103 2.767 112.662 2.816
202106 2.271 111.769 2.330
202109 2.507 112.215 2.562
202112 2.243 113.108 2.274
202203 3.255 114.335 3.265
202206 1.537 114.558 1.538
202209 2.501 115.339 2.486
202212 1.872 115.116 1.865
202303 2.704 115.116 2.694
202306 1.844 114.558 1.846
202309 3.836 115.339 3.814
202312 1.868 114.669 1.868
202403 2.354 114.669 2.354

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.


Yonghui Superstores Co  (SHSE:601933) 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.


Yonghui Superstores Co Cyclically Adjusted PS Ratio Related Terms

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


Yonghui Superstores Co (SHSE:601933) Business Description

Traded in Other Exchanges
N/A
Address
No. 436 West Second Ring Road, Fujian Province, Fuzhou, CHN, 350002
Yonghui Superstores Co Ltd in China is a supermarket chain which sells a variety of food products and some household products and supplies. Its products categories include Fresh food division, Food products division, Clothing division, and Processing division.

Yonghui Superstores Co (SHSE:601933) Headlines

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