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Guangxi LiuYao Group Co (SHSE:603368) Cyclically Adjusted PS Ratio : 0.56 (As of May. 20, 2024)


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What is Guangxi LiuYao Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Guangxi LiuYao Group Co's current share price is ¥23.02. Guangxi LiuYao Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥41.45. Guangxi LiuYao Group Co's Cyclically Adjusted PS Ratio for today is 0.56.

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

SHSE:603368' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.54   Max: 0.66
Current: 0.56

During the past years, Guangxi LiuYao Group Co's highest Cyclically Adjusted PS Ratio was 0.66. The lowest was 0.40. And the median was 0.54.

SHSE:603368's Cyclically Adjusted PS Ratio is ranked worse than
65.15% of 66 companies
in the Medical Distribution industry
Industry Median: 0.39 vs SHSE:603368: 0.56

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.

Guangxi LiuYao Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥15.958. 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 ¥41.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangxi LiuYao Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangxi LiuYao Group 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.

Guangxi LiuYao Group Co Cyclically Adjusted PS Ratio Chart

Guangxi LiuYao Group 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 - - - 0.49 0.47

Guangxi LiuYao Group 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 0.64 0.64 0.54 0.47 0.51

Competitive Comparison of Guangxi LiuYao Group Co's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Guangxi LiuYao Group 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.


Guangxi LiuYao Group Co's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Guangxi LiuYao Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangxi LiuYao Group Co's Cyclically Adjusted PS Ratio falls into.



Guangxi LiuYao Group 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.

Guangxi LiuYao Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.02/41.45
=0.56

* 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.

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

For example, Guangxi LiuYao Group 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)
=15.958/115.2271*115.2271
=15.958

Current CPI (Mar. 2024) = 115.2271.

Guangxi LiuYao Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.287 98.200 7.377
201409 6.452 98.900 7.517
201412 5.762 99.000 6.706
201503 5.201 99.900 5.999
201506 5.705 99.500 6.607
201509 6.042 100.500 6.927
201512 5.720 100.600 6.552
201603 5.773 102.200 6.509
201606 9.047 101.400 10.281
201609 7.023 102.400 7.903
201612 6.956 102.600 7.812
201703 7.780 103.200 8.687
201706 10.863 103.100 12.141
201709 7.164 104.100 7.930
201712 6.654 104.500 7.337
201803 7.525 105.300 8.234
201806 7.737 104.900 8.499
201809 8.773 106.600 9.483
201812 8.279 106.500 8.957
201903 9.347 107.700 10.000
201906 10.453 107.700 11.184
201909 10.833 109.800 11.368
201912 10.331 111.200 10.705
202003 9.967 112.300 10.227
202006 10.939 110.400 11.417
202009 11.550 111.700 11.915
202012 10.698 111.500 11.056
202103 11.418 112.662 11.678
202106 11.575 111.769 11.933
202109 12.674 112.215 13.014
202112 11.750 113.108 11.970
202203 13.289 114.335 13.393
202206 12.139 114.558 12.210
202209 13.879 115.339 13.866
202212 13.381 115.116 13.394
202303 14.713 115.116 14.727
202306 13.777 114.558 13.857
202309 14.571 115.339 14.557
202312 14.509 114.781 14.565
202403 15.958 115.227 15.958

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.


Guangxi LiuYao Group Co  (SHSE:603368) 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.


Guangxi LiuYao Group Co Cyclically Adjusted PS Ratio Related Terms

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Guangxi LiuYao Group Co (SHSE:603368) Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Guantang Avenue, Guangxi Zhuang Autonomous Region, Liuzhou, CHN, 545000
Guangxi LiuYao Group Co Ltd is a regional pharmaceutical distribution enterprise focusing on hospital sales and developing both retail pharmacies and third terminals.

Guangxi LiuYao Group Co (SHSE:603368) Headlines

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