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Ourpalm Co (SZSE:300315) Cyclically Adjusted PS Ratio : 7.51 (As of Jun. 08, 2024)


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What is Ourpalm Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Ourpalm Co's current share price is ¥4.58. Ourpalm Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.61. Ourpalm Co's Cyclically Adjusted PS Ratio for today is 7.51.

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

SZSE:300315' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.73   Med: 8.22   Max: 19.18
Current: 7.83

During the past years, Ourpalm Co's highest Cyclically Adjusted PS Ratio was 19.18. The lowest was 4.73. And the median was 8.22.

SZSE:300315's Cyclically Adjusted PS Ratio is ranked worse than
90.67% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs SZSE:300315: 7.83

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.

Ourpalm Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.092. 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 ¥0.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ourpalm Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ourpalm 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.

Ourpalm Co Cyclically Adjusted PS Ratio Chart

Ourpalm 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 - 10.10 8.78 5.43 8.46

Ourpalm 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 7.24 13.02 7.97 8.46 8.99

Competitive Comparison of Ourpalm Co's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Ourpalm 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.


Ourpalm Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

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

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



Ourpalm 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.

Ourpalm Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.58/0.61
=7.51

* 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.

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

For example, Ourpalm 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)
=0.092/115.2271*115.2271
=0.092

Current CPI (Mar. 2024) = 115.2271.

Ourpalm Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.086 98.200 0.101
201409 0.166 98.900 0.193
201412 0.080 99.000 0.093
201503 0.167 99.900 0.193
201506 0.068 99.500 0.079
201509 0.103 100.500 0.118
201512 0.161 100.600 0.184
201603 0.184 102.200 0.207
201606 0.158 101.400 0.180
201609 0.142 102.400 0.160
201612 0.172 102.600 0.193
201703 0.169 103.200 0.189
201706 0.140 103.100 0.156
201709 0.178 104.100 0.197
201712 0.232 104.500 0.256
201803 0.183 105.300 0.200
201806 0.236 104.900 0.259
201809 0.161 106.600 0.174
201812 0.134 106.500 0.145
201903 0.133 107.700 0.142
201906 0.131 107.700 0.140
201909 0.189 109.800 0.198
201912 0.129 111.200 0.134
202003 0.130 112.300 0.133
202006 0.215 110.400 0.224
202009 0.213 111.700 0.220
202012 0.170 111.500 0.176
202103 0.128 112.662 0.131
202106 0.180 111.769 0.186
202109 0.128 112.215 0.131
202112 0.110 113.108 0.112
202203 0.104 114.335 0.105
202206 0.120 114.558 0.121
202209 0.102 115.339 0.102
202212 0.111 115.116 0.111
202303 0.093 115.116 0.093
202306 0.084 114.558 0.084
202309 0.068 115.339 0.068
202312 0.145 114.781 0.146
202403 0.092 115.227 0.092

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.


Ourpalm Co  (SZSE:300315) 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.


Ourpalm Co Cyclically Adjusted PS Ratio Related Terms

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


Ourpalm Co (SZSE:300315) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Baosheng South Road, Room 901, Building 29, Block C, Lingzhi Center, Aobei Science and Technology Park, Haidian District, Beijing, CHN
Ourpalm Co Ltd is a China-based company engaged in the development, publishing, and operation of games. Its main business includes mobile terminal games, internet page games and product development, agent distribution and operation and maintenance of its peripheral products.
Executives
Cheng Li Executives
Yao Wen Zhe Directors, executives
Wu Lin Guang Director
Hu Bin Directors, executives
Li Hao Sheng Directors, executives
Deng Pan Director
Yao Wen Bin Director
Song Hai Bo Director
Ye Ying Tao Director
Wang Zhong Jun Director
Yang Kai Directors, executives
Zhang Yun Xia Directors, Directors, and Executives

Ourpalm Co (SZSE:300315) Headlines

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