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Fujiannmu Group Co (SZSE:000632) Cyclically Adjusted PS Ratio : 0.17 (As of May. 28, 2024)


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What is Fujiannmu Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Fujiannmu Group Co's current share price is ¥3.21. Fujiannmu Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥18.38. Fujiannmu Group Co's Cyclically Adjusted PS Ratio for today is 0.17.

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

SZSE:000632' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.47   Max: 1.81
Current: 0.18

During the past years, Fujiannmu Group Co's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 0.15. And the median was 0.47.

SZSE:000632's Cyclically Adjusted PS Ratio is ranked better than
90.58% of 1370 companies
in the Real Estate industry
Industry Median: 1.725 vs SZSE:000632: 0.18

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.

Fujiannmu Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥7.981. 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 ¥18.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujiannmu Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fujiannmu 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.

Fujiannmu Group Co Cyclically Adjusted PS Ratio Chart

Fujiannmu 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 0.52 0.31 0.26 0.28 0.26

Fujiannmu 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 0.27 0.25 0.24 0.26 0.20

Competitive Comparison of Fujiannmu Group Co's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Fujiannmu 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.


Fujiannmu Group Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fujiannmu Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fujiannmu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.21/18.38
=0.17

* 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.

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

For example, Fujiannmu 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)
=7.981/115.2271*115.2271
=7.981

Current CPI (Mar. 2024) = 115.2271.

Fujiannmu Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.984 98.200 2.328
201409 1.959 98.900 2.282
201412 3.074 99.000 3.578
201503 1.360 99.900 1.569
201506 2.279 99.500 2.639
201509 2.899 100.500 3.324
201512 3.377 100.600 3.868
201603 1.566 102.200 1.766
201606 3.211 101.400 3.649
201609 2.712 102.400 3.052
201612 2.931 102.600 3.292
201703 1.637 103.200 1.828
201706 2.920 103.100 3.263
201709 4.899 104.100 5.423
201712 4.957 104.500 5.466
201803 3.132 105.300 3.427
201806 4.358 104.900 4.787
201809 3.769 106.600 4.074
201812 3.809 106.500 4.121
201903 2.815 107.700 3.012
201906 2.694 107.700 2.882
201909 4.077 109.800 4.279
201912 4.170 111.200 4.321
202003 2.495 112.300 2.560
202006 3.059 110.400 3.193
202009 4.261 111.700 4.396
202012 8.310 111.500 8.588
202103 3.790 112.662 3.876
202106 4.332 111.769 4.466
202109 5.161 112.215 5.300
202112 5.174 113.108 5.271
202203 3.298 114.335 3.324
202206 6.188 114.558 6.224
202209 9.947 115.339 9.937
202212 10.498 115.116 10.508
202303 6.371 115.116 6.377
202306 10.109 114.558 10.168
202309 5.738 115.339 5.732
202312 7.657 114.781 7.687
202403 7.981 115.227 7.981

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.


Fujiannmu Group Co  (SZSE:000632) 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.


Fujiannmu Group Co Cyclically Adjusted PS Ratio Related Terms

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


Fujiannmu Group Co (SZSE:000632) Business Description

Traded in Other Exchanges
N/A
Address
No. 162, Junzhu Road, Development Zone, Fujian Province, Fuzhou, CHN, 350009
Fujian Sanmu Group Co Ltd is engaged in real estate development, operating property, operation management, and import and export trade.
Executives
Lu Shao Hui Independent director
Gao Xu Bin Directors, executives
Xie Ming Feng Executives
Zhao Zheng Supervisors
Chen Ming Sen Independent director
Wang Han Secretary Dong
Zheng Hui Chuan Executives
Cai Qin Ming Directors, executives
Liu Feng Executives
Lan Juan Director
Lin Hong Director
Zheng Xing Guang Directors, executives
Li Jian Na Supervisors
Zhang Hong Jian Supervisors

Fujiannmu Group Co (SZSE:000632) Headlines

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