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Giant Network Group Co (SZSE:002558) Cyclically Adjusted PS Ratio : 5.73 (As of Jun. 08, 2024)


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What is Giant Network Group Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Giant Network Group Co's current share price is ¥9.79. Giant Network Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.71. Giant Network Group Co's Cyclically Adjusted PS Ratio for today is 5.73.

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

SZSE:002558' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.17   Med: 7.6   Max: 11.78
Current: 6.08

During the past years, Giant Network Group Co's highest Cyclically Adjusted PS Ratio was 11.78. The lowest was 4.17. And the median was 7.60.

SZSE:002558's Cyclically Adjusted PS Ratio is ranked worse than
84.67% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs SZSE:002558: 6.08

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.

Giant Network Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.375. 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 ¥1.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Giant Network Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Giant Network 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.

Giant Network Group Co Cyclically Adjusted PS Ratio Chart

Giant Network 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 9.43 9.40 6.60 4.48 6.58

Giant Network 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 7.39 10.27 7.44 6.58 7.00

Competitive Comparison of Giant Network Group Co's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Giant Network 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.


Giant Network Group Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Giant Network Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Giant Network 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.79/1.71
=5.73

* 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.

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

For example, Giant Network 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)
=0.375/115.2271*115.2271
=0.375

Current CPI (Mar. 2024) = 115.2271.

Giant Network Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.553 98.200 0.649
201409 0.764 98.900 0.890
201412 0.548 99.000 0.638
201503 0.234 99.900 0.270
201506 1.711 99.500 1.981
201509 0.321 100.500 0.368
201512 0.424 100.600 0.486
201603 0.274 102.200 0.309
201606 0.332 101.400 0.377
201609 0.313 102.400 0.352
201612 0.337 102.600 0.378
201703 0.375 103.200 0.419
201706 0.311 103.100 0.348
201709 0.317 104.100 0.351
201712 0.419 104.500 0.462
201803 0.531 105.300 0.581
201806 0.455 104.900 0.500
201809 0.436 106.600 0.471
201812 0.437 106.500 0.473
201903 0.345 107.700 0.369
201906 0.303 107.700 0.324
201909 0.330 109.800 0.346
201912 0.310 111.200 0.321
202003 0.350 112.300 0.359
202006 0.276 110.400 0.288
202009 0.258 111.700 0.266
202012 0.258 111.500 0.267
202103 0.283 112.662 0.289
202106 0.257 111.769 0.265
202109 0.270 112.215 0.277
202112 0.323 113.108 0.329
202203 0.300 114.335 0.302
202206 0.274 114.558 0.276
202209 0.276 115.339 0.276
202212 0.250 115.116 0.250
202303 0.270 115.116 0.270
202306 0.519 114.558 0.522
202309 0.450 115.339 0.450
202312 0.355 114.781 0.356
202403 0.375 115.227 0.375

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.


Giant Network Group Co  (SZSE:002558) 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.


Giant Network Group Co Cyclically Adjusted PS Ratio Related Terms

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


Giant Network Group Co (SZSE:002558) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jiangnan Avenue, 5th Floor, Building 1, Wanda Plaza, Nan'an District, Chongqing, CHN, 201613
Giant Network Group Co Ltd is engaged in online gaming business. Its products include client game, mobile game and mobile internet products.
Executives
Wu Ming Hong Supervisors
Zhang Chong Bin Director
Ye Hua Executives
Peng Jian Hu Directors, executives

Giant Network Group Co (SZSE:002558) Headlines

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