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Shenzhen Infinvoa (SZSE:002528) Cyclically Adjusted PS Ratio : 0.83 (As of Jun. 07, 2024)


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What is Shenzhen Infinvoa Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Shenzhen Infinvoa's current share price is ¥2.23. Shenzhen Infinvoa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.69. Shenzhen Infinvoa's Cyclically Adjusted PS Ratio for today is 0.83.

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

SZSE:002528' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.28   Max: 4.69
Current: 0.95

During the past years, Shenzhen Infinvoa's highest Cyclically Adjusted PS Ratio was 4.69. The lowest was 0.95. And the median was 2.28.

SZSE:002528's Cyclically Adjusted PS Ratio is ranked worse than
52.17% of 690 companies
in the Business Services industry
Industry Median: 0.885 vs SZSE:002528: 0.95

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.

Shenzhen Infinvoa's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.224. 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 ¥2.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Infinvoa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shenzhen Infinvoa'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.

Shenzhen Infinvoa Cyclically Adjusted PS Ratio Chart

Shenzhen Infinvoa 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 2.65 1.49 1.44 4.15 3.03

Shenzhen Infinvoa 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 4.51 3.03 3.28 3.03 2.58

Competitive Comparison of Shenzhen Infinvoa's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Shenzhen Infinvoa'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.


Shenzhen Infinvoa's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen Infinvoa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shenzhen Infinvoa 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.

Shenzhen Infinvoa's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.23/2.69
=0.83

* 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.

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

For example, Shenzhen Infinvoa'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)
=0.224/115.2271*115.2271
=0.224

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Infinvoa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.222 98.200 0.260
201409 0.266 98.900 0.310
201412 0.403 99.000 0.469
201503 0.352 99.900 0.406
201506 0.444 99.500 0.514
201509 0.448 100.500 0.514
201512 0.706 100.600 0.809
201603 0.373 102.200 0.421
201606 0.447 101.400 0.508
201609 0.482 102.400 0.542
201612 0.751 102.600 0.843
201703 0.488 103.200 0.545
201706 0.602 103.100 0.673
201709 0.718 104.100 0.795
201712 0.969 104.500 1.068
201803 0.673 105.300 0.736
201806 0.839 104.900 0.922
201809 0.928 106.600 1.003
201812 1.284 106.500 1.389
201903 0.857 107.700 0.917
201906 0.758 107.700 0.811
201909 0.884 109.800 0.928
201912 1.486 111.200 1.540
202003 0.598 112.300 0.614
202006 0.804 110.400 0.839
202009 1.059 111.700 1.092
202012 1.907 111.500 1.971
202103 0.642 112.662 0.657
202106 0.643 111.769 0.663
202109 0.522 112.215 0.536
202112 0.643 113.108 0.655
202203 0.306 114.335 0.308
202206 0.385 114.558 0.387
202209 0.390 115.339 0.390
202212 0.479 115.116 0.479
202303 0.283 115.116 0.283
202306 0.263 114.558 0.265
202309 0.277 115.339 0.277
202312 0.352 114.781 0.353
202403 0.224 115.227 0.224

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.


Shenzhen Infinvoa  (SZSE:002528) 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.


Shenzhen Infinvoa Cyclically Adjusted PS Ratio Related Terms

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


Shenzhen Infinvoa (SZSE:002528) Business Description

Traded in Other Exchanges
N/A
Address
6/F NO.H-3, Huaqiaocheng Ind, Shenzhen, CHN, 518110
Shenzhen Infinvoa Ltd is a China-based company engaged in the research, development, design, manufacture, and distribution of electronic security products. Its main products include Explosion Proof Camera, Fixed Cameras, Fixed Minidome Cameras, Zoom Cameras and Encoders and Decoders. The company distributes its products in domestic market and to overseas markets.
Executives
Directors, executives
Guo Shu Ling Supervisors
Hua Yuan Liu Directors, executives
Zhang Yan Feng Directors, executives
Lin Chong Directors, executives
Lin Mei Hua Securities Affairs Representative
Liao Yun He Executives
Yang Wei Min Executives
Mou Jin Shi Securities Affairs Representative

Shenzhen Infinvoa (SZSE:002528) Headlines

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