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Global Top E-Commerce Co (SZSE:002640) Cyclically Adjusted PS Ratio : 0.21 (As of Jun. 06, 2024)


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What is Global Top E-Commerce Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Global Top E-Commerce Co's current share price is ¥1.71. Global Top E-Commerce Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.96. Global Top E-Commerce Co's Cyclically Adjusted PS Ratio for today is 0.21.

The historical rank and industry rank for Global Top E-Commerce Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002640' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.51   Max: 1.68
Current: 0.21

During the past years, Global Top E-Commerce Co's highest Cyclically Adjusted PS Ratio was 1.68. The lowest was 0.21. And the median was 0.51.

SZSE:002640's Cyclically Adjusted PS Ratio is ranked better than
72.27% of 768 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs SZSE:002640: 0.21

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.

Global Top E-Commerce Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.821. 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 ¥7.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Top E-Commerce Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Global Top E-Commerce 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.

Global Top E-Commerce Co Cyclically Adjusted PS Ratio Chart

Global Top E-Commerce 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 1.34 0.79 0.45 0.71 0.48

Global Top E-Commerce 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 0.61 0.45 0.49 0.48 0.33

Competitive Comparison of Global Top E-Commerce Co's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Global Top E-Commerce 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.


Global Top E-Commerce Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Global Top E-Commerce Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Global Top E-Commerce Co's Cyclically Adjusted PS Ratio falls into.



Global Top E-Commerce 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.

Global Top E-Commerce Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.71/7.96
=0.21

* 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.

Global Top E-Commerce Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Global Top E-Commerce 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)
=0.821/115.2271*115.2271
=0.821

Current CPI (Mar. 2024) = 115.2271.

Global Top E-Commerce Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.132 98.200 0.155
201409 0.104 98.900 0.121
201412 0.561 99.000 0.653
201503 0.414 99.900 0.478
201506 0.550 99.500 0.637
201509 0.767 100.500 0.879
201512 2.841 100.600 3.254
201603 2.812 102.200 3.170
201606 1.274 101.400 1.448
201609 1.641 102.400 1.847
201612 1.963 102.600 2.205
201703 1.829 103.200 2.042
201706 2.066 103.100 2.309
201709 2.284 104.100 2.528
201712 3.446 104.500 3.800
201803 2.987 105.300 3.269
201806 3.661 104.900 4.021
201809 3.683 106.600 3.981
201812 3.895 106.500 4.214
201903 2.967 107.700 3.174
201906 2.878 107.700 3.079
201909 3.088 109.800 3.241
201912 2.537 111.200 2.629
202003 2.740 112.300 2.811
202006 2.959 110.400 3.088
202009 2.718 111.700 2.804
202012 2.170 111.500 2.243
202103 1.880 112.662 1.923
202106 1.510 111.769 1.557
202109 1.115 112.215 1.145
202112 1.147 113.108 1.168
202203 0.938 114.335 0.945
202206 1.233 114.558 1.240
202209 1.098 115.339 1.097
202212 1.381 115.116 1.382
202303 1.033 115.116 1.034
202306 1.216 114.558 1.223
202309 0.986 115.339 0.985
202312 1.001 114.781 1.005
202403 0.821 115.227 0.821

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.


Global Top E-Commerce Co  (SZSE:002640) 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.


Global Top E-Commerce Co Cyclically Adjusted PS Ratio Related Terms

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


Global Top E-Commerce Co (SZSE:002640) Business Description

Traded in Other Exchanges
N/A
Address
No. 632 Jianshe South Road, Shanxi, Taiyuan, CHN, 030006
Global Top E-Commerce Co Ltd is a China-based cross-border e-commerce enterprise. It distributes apparel and household products, electronic products, dress and personal adornment and cosmetics and other products through its e-commerce distribution platforms.
Executives
Yang Jian Xin Executives
Wang Li Zhu Independent director
Cai Zhao Bao Executives
Li Yong Director
Wu Yi Yi Executives
Gong Jian Supervisors
Lin Xu Chao Executives
Zhang Qian Supervisors
Ban Jun Peng Executives
Ji Yong Executives
Zhang Hong Xia Directors, Directors, and Executives
Xie Yu Jia Executives
Lu Pei Gang Director
Li Yu Xia Directors, executives
Gao Li Supervisors

Global Top E-Commerce Co (SZSE:002640) Headlines

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