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Nations Technologies (SZSE:300077) Cyclically Adjusted PS Ratio : 6.73 (As of May. 28, 2024)


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What is Nations Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Nations Technologies's current share price is ¥9.36. Nations Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.39. Nations Technologies's Cyclically Adjusted PS Ratio for today is 6.73.

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

SZSE:300077' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.82   Med: 8.99   Max: 37.38
Current: 6.38

During the past years, Nations Technologies's highest Cyclically Adjusted PS Ratio was 37.38. The lowest was 4.82. And the median was 8.99.

SZSE:300077's Cyclically Adjusted PS Ratio is ranked worse than
80.94% of 682 companies
in the Semiconductors industry
Industry Median: 2.3 vs SZSE:300077: 6.38

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.

Nations Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.401. 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 ¥1.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nations Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nations Technologies'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.

Nations Technologies Cyclically Adjusted PS Ratio Chart

Nations Technologies 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 5.02 7.56 21.66 10.50 8.25

Nations Technologies 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 13.70 9.85 8.55 8.25 7.23

Competitive Comparison of Nations Technologies's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Nations Technologies'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.


Nations Technologies's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nations Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nations Technologies 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.

Nations Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.36/1.39
=6.73

* 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.

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

For example, Nations Technologies'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)
=0.401/115.2271*115.2271
=0.401

Current CPI (Mar. 2024) = 115.2271.

Nations Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.203 98.200 0.238
201409 0.130 98.900 0.151
201412 0.363 99.000 0.422
201503 0.119 99.900 0.137
201506 0.179 99.500 0.207
201509 0.223 100.500 0.256
201512 0.419 100.600 0.480
201603 0.300 102.200 0.338
201606 0.223 101.400 0.253
201609 0.219 102.400 0.246
201612 0.508 102.600 0.571
201703 0.353 103.200 0.394
201706 0.285 103.100 0.319
201709 0.288 104.100 0.319
201712 0.311 104.500 0.343
201803 0.399 105.300 0.437
201806 0.289 104.900 0.317
201809 0.169 106.600 0.183
201812 0.248 106.500 0.268
201903 0.168 107.700 0.180
201906 0.167 107.700 0.179
201909 0.159 109.800 0.167
201912 0.232 111.200 0.240
202003 0.135 112.300 0.139
202006 0.182 110.400 0.190
202009 0.205 111.700 0.211
202012 0.186 111.500 0.192
202103 0.179 112.662 0.183
202106 0.342 111.769 0.353
202109 0.519 112.215 0.533
202112 0.764 113.108 0.778
202203 0.552 114.335 0.556
202206 0.468 114.558 0.471
202209 0.984 115.339 0.983
202212 0.482 115.116 0.482
202303 0.360 115.116 0.360
202306 0.451 114.558 0.454
202309 0.527 115.339 0.526
202312 0.435 114.781 0.437
202403 0.401 115.227 0.401

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.


Nations Technologies  (SZSE:300077) 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.


Nations Technologies Cyclically Adjusted PS Ratio Related Terms

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


Nations Technologies (SZSE:300077) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Baoshen Road, National Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Nations Technologies Inc is a China-based company. It provides secure IC products and services in Internet identification authentication, TPM, secure modules, and personal digital security products and services. Its products include mobile identity, online banking, data encryption, e-Government, financial transaction and many others.
Executives
Liu Hong Jing Directors, executives
Xu Guo Hui Securities Affairs Representative
Luo Zhao Xue Director
Sun Ying Tong Directors, executives
Yu Jun Jie Directors, executives
Guan Shi Yuan Executives
Zhou Jian Bo Supervisors
Zhang Bin Executives
Yu Yun Bo Directors, executives
Wang Tao Securities Affairs Representative
Liu Xiao Yu Executives
Peng Bo Supervisors
Lu Lin Executives
Sun Yuan Executives
Huang Fu Hong Jun Executives

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