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Adama (SZSE:000553) Cyclically Adjusted PS Ratio : 0.44 (As of May. 28, 2024)


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What is Adama Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Adama's current share price is ¥6.04. Adama's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥13.65. Adama's Cyclically Adjusted PS Ratio for today is 0.44.

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

SZSE:000553' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.4   Max: 4.62
Current: 0.46

During the past years, Adama's highest Cyclically Adjusted PS Ratio was 4.62. The lowest was 0.42. And the median was 1.40.

SZSE:000553's Cyclically Adjusted PS Ratio is ranked better than
77.49% of 191 companies
in the Agriculture industry
Industry Median: 1.07 vs SZSE:000553: 0.46

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.

Adama's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥3.233. 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 ¥13.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adama Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adama'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.

Adama Cyclically Adjusted PS Ratio Chart

Adama 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 1.07 0.77 0.74 0.71 0.52

Adama 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 0.71 0.65 0.59 0.52 0.43

Competitive Comparison of Adama's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Adama'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.


Adama's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Adama's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Adama 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.

Adama's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.04/13.65
=0.44

* 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.

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

For example, Adama'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)
=3.233/115.2271*115.2271
=3.233

Current CPI (Mar. 2024) = 115.2271.

Adama Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.513 98.200 1.775
201409 1.459 98.900 1.700
201412 0.950 99.000 1.106
201503 0.934 99.900 1.077
201506 1.145 99.500 1.326
201509 0.940 100.500 1.078
201512 0.634 100.600 0.726
201603 0.805 102.200 0.908
201606 0.888 101.400 1.009
201609 3.298 102.400 3.711
201612 8.358 102.600 9.387
201703 10.685 103.200 11.930
201706 10.821 103.100 12.094
201709 2.401 104.100 2.658
201712 2.315 104.500 2.553
201803 2.762 105.300 3.022
201806 2.833 104.900 3.112
201809 2.570 106.600 2.778
201812 2.830 106.500 3.062
201903 2.776 107.700 2.970
201906 2.775 107.700 2.969
201909 2.723 109.800 2.858
201912 2.663 111.200 2.759
202003 2.842 112.300 2.916
202006 2.689 110.400 2.807
202009 2.852 111.700 2.942
202012 3.532 111.500 3.650
202103 3.092 112.662 3.162
202106 3.480 111.769 3.588
202109 3.197 112.215 3.283
202112 4.104 113.108 4.181
202203 3.879 114.335 3.909
202206 4.077 114.558 4.101
202209 4.096 115.339 4.092
202212 3.900 115.116 3.904
202303 3.722 115.116 3.726
202306 3.416 114.558 3.436
202309 3.450 115.339 3.447
202312 3.501 114.781 3.515
202403 3.233 115.227 3.233

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.


Adama  (SZSE:000553) 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.


Adama Cyclically Adjusted PS Ratio Related Terms

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


Adama (SZSE:000553) Business Description

Industry
Traded in Other Exchanges
Address
No. 93, East Beijing Road, Hubei, Jingzhou, CHN, 434001
Adama Ltd produces farm chemicals for crop protection. It operates in two segments: Crop Protection and Intermediates & ingredients. The Crop Protection segment includes the manufacture and marketing of conventional agrochemical products and operations in the seeds sector. The intermediates & ingredients segment includes a large number of sub-fields, including Lycopan (an oxidization retardant), aromatic products, and other chemicals. The firm generates the vast majority of its revenue from the Crop Protection segment. Its geographical segments are Europe; Latin America; North America; Africa, Middle East, and India; and the Asia Pacific.
Executives
An Li Ru Director
Liu Zhi Ming Executives
Jiang Cheng Gang Supervisors
Ding Shao Jun Supervisors
Li Zuo Rong Director
Xu Bao Jian Supervisors
Liang Ji Qin Securities Affairs Representative
Zhang Jian Guo Supervisors
Liu Xing Ping Director

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