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Sieyuan Electric Co (SZSE:002028) Cyclically Adjusted PS Ratio : 7.42 (As of May. 31, 2024)


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What is Sieyuan Electric Co Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Sieyuan Electric Co's current share price is ¥70.52. Sieyuan Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥9.51. Sieyuan Electric Co's Cyclically Adjusted PS Ratio for today is 7.42.

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

SZSE:002028' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.96   Med: 3.92   Max: 8.14
Current: 7.6

During the past years, Sieyuan Electric Co's highest Cyclically Adjusted PS Ratio was 8.14. The lowest was 1.96. And the median was 3.92.

SZSE:002028's Cyclically Adjusted PS Ratio is ranked worse than
93.9% of 2196 companies
in the Industrial Products industry
Industry Median: 1.41 vs SZSE:002028: 7.60

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.

Sieyuan Electric Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥3.438. 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 ¥9.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sieyuan Electric Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sieyuan Electric 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.

Sieyuan Electric Co Cyclically Adjusted PS Ratio Chart

Sieyuan Electric 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 2.50 3.25 6.95 4.71 5.67

Sieyuan Electric 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 5.51 5.46 5.80 5.67 6.28

Competitive Comparison of Sieyuan Electric Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Sieyuan Electric 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.


Sieyuan Electric Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sieyuan Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sieyuan Electric 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.

Sieyuan Electric Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.52/9.51
=7.42

* 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.

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

For example, Sieyuan Electric 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)
=3.438/115.2271*115.2271
=3.438

Current CPI (Mar. 2024) = 115.2271.

Sieyuan Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.122 98.200 1.317
201409 1.280 98.900 1.491
201412 1.873 99.000 2.180
201503 0.757 99.900 0.873
201506 1.175 99.500 1.361
201509 1.272 100.500 1.458
201512 1.987 100.600 2.276
201603 1.144 102.200 1.290
201606 1.094 101.400 1.243
201609 1.374 102.400 1.546
201612 2.179 102.600 2.447
201703 0.702 103.200 0.784
201706 1.897 103.100 2.120
201709 1.222 104.100 1.353
201712 2.317 104.500 2.555
201803 0.772 105.300 0.845
201806 1.576 104.900 1.731
201809 1.746 106.600 1.887
201812 2.253 106.500 2.438
201903 1.250 107.700 1.337
201906 1.816 107.700 1.943
201909 2.382 109.800 2.500
201912 2.806 111.200 2.908
202003 1.177 112.300 1.208
202006 2.660 110.400 2.776
202009 2.818 111.700 2.907
202012 3.100 111.500 3.204
202103 2.391 112.662 2.445
202106 2.664 111.769 2.746
202109 2.927 112.215 3.006
202112 3.419 113.108 3.483
202203 2.286 114.335 2.304
202206 3.405 114.558 3.425
202209 3.384 115.339 3.381
202212 4.655 115.116 4.660
202303 2.784 115.116 2.787
202306 4.122 114.558 4.146
202309 4.244 115.339 4.240
202312 5.002 114.781 5.021
202403 3.438 115.227 3.438

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.


Sieyuan Electric Co  (SZSE:002028) 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.


Sieyuan Electric Co Cyclically Adjusted PS Ratio Related Terms

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


Sieyuan Electric Co (SZSE:002028) Business Description

Traded in Other Exchanges
N/A
Address
No. 3399 Huaning Road, Minhang District, Shanghai, CHN, 201108
Sieyuan Electric Co Ltd is a China-based company provides electrical equipment and services. The group primarily specializes in the research and development of electric power technology, equipment manufacturing, and engineering services. Siyuan Electric's business involves power, metallurgy, railway, petrochemical, coal, port and other industries. The products offered by the company include Capacitor, reactor, high voltage SVG, Intelligent terminal, auxiliary system, string harmonic, oil chromatography, UV imager and others. Geographically, it holds a presence in both the Chinese and international market.
Executives
Yang Zhi Hua Directors, executives
Wu Sheng Zhang Director
Dong Zeng Ping Directors, executives
Chen Bang Dong Director
Lin Ling Directors, executives
Liu Cai Executives
He Zhao Gang Executives
Chen Hai Yan Supervisors
Zhang Xiang Yang Executives
Chen Zhao Ping Executives
Yao Lian Hui Supervisors
Wang Jian Zhong Executives
Zhang Xiao Guo Supervisors
Li Feng Directors, executives
He Ya Ping Director, within half a year of separation

Sieyuan Electric Co (SZSE:002028) Headlines

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