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Moso Power Supply Technology Co (SZSE:002660) Cyclically Adjusted PS Ratio : 1.64 (As of May. 27, 2024)


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What is Moso Power Supply Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Moso Power Supply Technology Co's current share price is ¥8.09. Moso Power Supply Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.93. Moso Power Supply Technology Co's Cyclically Adjusted PS Ratio for today is 1.64.

The historical rank and industry rank for Moso Power Supply Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002660' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.74   Max: 2.49
Current: 1.63

During the past years, Moso Power Supply Technology Co's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 1.25. And the median was 1.74.

SZSE:002660's Cyclically Adjusted PS Ratio is ranked worse than
63.49% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs SZSE:002660: 1.63

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.

Moso Power Supply Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.737. 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 ¥4.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moso Power Supply Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Moso Power Supply Technology 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.

Moso Power Supply Technology Co Cyclically Adjusted PS Ratio Chart

Moso Power Supply Technology 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 - 1.77 1.66 1.62 2.51

Moso Power Supply Technology 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 1.87 1.96 1.79 2.51 1.84

Competitive Comparison of Moso Power Supply Technology Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Moso Power Supply Technology 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.


Moso Power Supply Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Moso Power Supply Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Moso Power Supply Technology Co's Cyclically Adjusted PS Ratio falls into.



Moso Power Supply Technology 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.

Moso Power Supply Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.09/4.93
=1.64

* 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.

Moso Power Supply Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Moso Power Supply Technology 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)
=0.737/115.2271*115.2271
=0.737

Current CPI (Mar. 2024) = 115.2271.

Moso Power Supply Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.562 98.200 0.659
201409 0.624 98.900 0.727
201412 0.811 99.000 0.944
201503 0.375 99.900 0.433
201506 0.918 99.500 1.063
201509 0.933 100.500 1.070
201512 1.296 100.600 1.484
201603 0.897 102.200 1.011
201606 1.159 101.400 1.317
201609 1.124 102.400 1.265
201612 2.185 102.600 2.454
201703 1.179 103.200 1.316
201706 1.759 103.100 1.966
201709 1.734 104.100 1.919
201712 1.672 104.500 1.844
201803 0.988 105.300 1.081
201806 1.303 104.900 1.431
201809 1.265 106.600 1.367
201812 1.313 106.500 1.421
201903 0.810 107.700 0.867
201906 1.150 107.700 1.230
201909 1.291 109.800 1.355
201912 1.245 111.200 1.290
202003 0.740 112.300 0.759
202006 1.206 110.400 1.259
202009 1.219 111.700 1.257
202012 1.356 111.500 1.401
202103 1.210 112.662 1.238
202106 1.485 111.769 1.531
202109 1.660 112.215 1.705
202112 1.508 113.108 1.536
202203 1.230 114.335 1.240
202206 1.435 114.558 1.443
202209 0.779 115.339 0.778
202212 1.277 115.116 1.278
202303 0.924 115.116 0.925
202306 0.920 114.558 0.925
202309 1.024 115.339 1.023
202312 0.793 114.781 0.796
202403 0.737 115.227 0.737

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.


Moso Power Supply Technology Co  (SZSE:002660) 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.


Moso Power Supply Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Moso Power Supply Technology Co (SZSE:002660) Business Description

Traded in Other Exchanges
N/A
Address
Guanbai Road, Xiaobai Mang Sangtai Industrial Park, Nanshan, Shenzhen, CHN, 518108
Moso Power Supply Technology Co Ltd is engaged in the development, manufacture, and sale of LED driver which include outdoor lighting solution, solar charge controller, and industrial lighting solution, and other consumer electronics power series which include flat computer class, and ADSL communication.
Executives
Cheng Shui Ying Supervisors
Fang Xiao Qiu Director
Gu Yong De Directors, executives
Fang Ji Bin Directors, Directors, and Executives
Luo Hong Jian Executives
Hong Ye Securities Affairs Representative
Tao Sheng Supervisors
Cheng Chun Jin Directors, executives
Pi Yuan Jun Director
Tu Hong Bin Executives
Qin Chuan Jun Directors, executives
Jin Lin Supervisors
Fang Xiang Yi Supervisors

Moso Power Supply Technology Co (SZSE:002660) Headlines

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