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Lepu Medical Technology (Beijing) Co (SZSE:300003) Cyclically Adjusted PS Ratio : 4.21 (As of Jun. 06, 2024)


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What is Lepu Medical Technology (Beijing) Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Lepu Medical Technology (Beijing) Co's current share price is ¥16.15. Lepu Medical Technology (Beijing) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.84. Lepu Medical Technology (Beijing) Co's Cyclically Adjusted PS Ratio for today is 4.21.

The historical rank and industry rank for Lepu Medical Technology (Beijing) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300003' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.31   Med: 12.61   Max: 32.57
Current: 4.29

During the past years, Lepu Medical Technology (Beijing) Co's highest Cyclically Adjusted PS Ratio was 32.57. The lowest was 3.31. And the median was 12.61.

SZSE:300003's Cyclically Adjusted PS Ratio is ranked worse than
67.3% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.15 vs SZSE:300003: 4.29

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.

Lepu Medical Technology (Beijing) Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.031. 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 ¥3.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lepu Medical Technology (Beijing) Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lepu Medical Technology (Beijing) 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.

Lepu Medical Technology (Beijing) Co Cyclically Adjusted PS Ratio Chart

Lepu Medical Technology (Beijing) 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 17.28 11.76 7.90 6.71 4.31

Lepu Medical Technology (Beijing) 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 6.56 6.29 4.44 4.31 3.59

Competitive Comparison of Lepu Medical Technology (Beijing) Co's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Lepu Medical Technology (Beijing) 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.


Lepu Medical Technology (Beijing) Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lepu Medical Technology (Beijing) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lepu Medical Technology (Beijing) Co's Cyclically Adjusted PS Ratio falls into.



Lepu Medical Technology (Beijing) 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.

Lepu Medical Technology (Beijing) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.15/3.84
=4.21

* 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.

Lepu Medical Technology (Beijing) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lepu Medical Technology (Beijing) 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)
=1.031/115.2271*115.2271
=1.031

Current CPI (Mar. 2024) = 115.2271.

Lepu Medical Technology (Beijing) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.264 98.200 0.310
201409 0.266 98.900 0.310
201412 0.274 99.000 0.319
201503 0.387 99.900 0.446
201506 0.433 99.500 0.501
201509 0.396 100.500 0.454
201512 0.489 100.600 0.560
201603 0.458 102.200 0.516
201606 0.515 101.400 0.585
201609 0.486 102.400 0.547
201612 0.541 102.600 0.608
201703 0.582 103.200 0.650
201706 0.646 103.100 0.722
201709 0.622 104.100 0.688
201712 0.700 104.500 0.772
201803 0.806 105.300 0.882
201806 0.852 104.900 0.936
201809 0.915 106.600 0.989
201812 0.994 106.500 1.075
201903 1.060 107.700 1.134
201906 1.154 107.700 1.235
201909 1.107 109.800 1.162
201912 1.083 111.200 1.122
202003 0.942 112.300 0.967
202006 1.446 110.400 1.509
202009 1.210 111.700 1.248
202012 0.922 111.500 0.953
202103 1.534 112.662 1.569
202106 2.012 111.769 2.074
202109 1.174 112.215 1.206
202112 1.131 113.108 1.152
202203 1.416 114.335 1.427
202206 1.544 114.558 1.553
202209 1.349 115.339 1.348
202212 1.527 115.116 1.528
202303 1.297 115.116 1.298
202306 1.001 114.558 1.007
202309 1.051 115.339 1.050
202312 0.925 114.781 0.929
202403 1.031 115.227 1.031

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.


Lepu Medical Technology (Beijing) Co  (SZSE:300003) 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.


Lepu Medical Technology (Beijing) Co Cyclically Adjusted PS Ratio Related Terms

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Lepu Medical Technology (Beijing) Co (SZSE:300003) Business Description

Traded in Other Exchanges
N/A
Address
No.27, Qian Qian Road, Changping District, Beijing, Beijing, CHN, 100044
Lepu Medical Technology (Beijing) Co Ltd is a China-based company. It specialized in developing, manufacturing and marketing the high-tech medical devices and equipment. The company is engaged in the fields of cardiovascular interventions, structural heart diseases, cardiac rhythm management, anesthesia and critical care, in vitro diagnostics and general surgery. It operates in more than 80 countries.
Executives
Wei Zhan Jiang Executives
Zhang Zhi Bin Executives
Wang Yong Executives
Guo Tong Jun Executives
Zheng Guo Rui Executives
Pu Zhong Jie Directors, executives
Lv Yong Hui Executives
Chen Juan Executives
Zhang Xia Executives
Wang Jian Hui Executives

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