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Changsha Jingjia Microelectronics Co (SZSE:300474) Cyclically Adjusted PS Ratio : 45.20 (As of Jun. 10, 2024)


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What is Changsha Jingjia Microelectronics Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Changsha Jingjia Microelectronics Co's current share price is ¥66.45. Changsha Jingjia Microelectronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.47. Changsha Jingjia Microelectronics Co's Cyclically Adjusted PS Ratio for today is 45.20.

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

SZSE:300474' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 32.82   Med: 45.87   Max: 61.22
Current: 45.21

During the past years, Changsha Jingjia Microelectronics Co's highest Cyclically Adjusted PS Ratio was 61.22. The lowest was 32.82. And the median was 45.87.

SZSE:300474's Cyclically Adjusted PS Ratio is ranked worse than
98.24% of 680 companies
in the Semiconductors industry
Industry Median: 2.33 vs SZSE:300474: 45.21

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.

Changsha Jingjia Microelectronics Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.282. 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 ¥1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changsha Jingjia Microelectronics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Changsha Jingjia Microelectronics 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.

Changsha Jingjia Microelectronics Co Cyclically Adjusted PS Ratio Chart

Changsha Jingjia Microelectronics 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 - - - - 47.98

Changsha Jingjia Microelectronics 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 - - - 47.98 50.27

Competitive Comparison of Changsha Jingjia Microelectronics Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Changsha Jingjia Microelectronics 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.


Changsha Jingjia Microelectronics Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Changsha Jingjia Microelectronics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Changsha Jingjia Microelectronics 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.

Changsha Jingjia Microelectronics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.45/1.47
=45.20

* 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.

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

For example, Changsha Jingjia Microelectronics 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)
=0.282/115.2271*115.2271
=0.282

Current CPI (Mar. 2024) = 115.2271.

Changsha Jingjia Microelectronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.034 99.900 0.039
201506 0.265 99.500 0.307
201509 0.272 100.500 0.312
201512 0.199 100.600 0.228
201603 0.333 102.200 0.375
201606 0.230 101.400 0.261
201609 0.218 102.400 0.245
201612 0.180 102.600 0.202
201703 0.126 103.200 0.141
201706 0.299 103.100 0.334
201709 0.187 104.100 0.207
201712 0.144 104.500 0.159
201803 0.145 105.300 0.159
201806 0.332 104.900 0.365
201809 0.261 106.600 0.282
201812 0.254 106.500 0.275
201903 0.201 107.700 0.215
201906 0.351 107.700 0.376
201909 0.296 109.800 0.311
201912 0.309 111.200 0.320
202003 0.247 112.300 0.253
202006 0.462 110.400 0.482
202009 0.345 111.700 0.356
202012 0.410 111.500 0.424
202103 0.464 112.662 0.475
202106 0.596 111.769 0.614
202109 0.694 112.215 0.713
202112 0.630 113.108 0.642
202203 0.796 114.335 0.802
202206 0.417 114.558 0.419
202209 0.362 115.339 0.362
202212 0.967 115.116 0.968
202303 0.166 115.116 0.166
202306 0.749 114.558 0.753
202309 0.239 115.339 0.239
202312 0.532 114.781 0.534
202403 0.282 115.227 0.282

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.


Changsha Jingjia Microelectronics Co  (SZSE:300474) 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.


Changsha Jingjia Microelectronics Co Cyclically Adjusted PS Ratio Related Terms

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Changsha Jingjia Microelectronics Co (SZSE:300474) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Meixihu Road, Yuelu District, Hunan Province, Changsha, CHN, 410221
Changsha Jingjia Microelectronics Co Ltd is a China-based company engaged in designing and manufacturing electronic products and integrated circuits and related software. It offers solutions, products and ancillary services to customers in the areas of information detection, information processing, and information delivery. The company also develops and manufactures domestically produced graphics processing chips. Its products portfolio comprises of the signal processing module, armored vehicle active protection, airborne data link, display control and single board and others.
Executives
Hu Ya Hua Executives
Liao Kai Secretary Dong
Guo Hai Executives
Yu Li Li Director
Ceng Wan Hui Directors, executives
Yu Sheng Fa Directors, executives
Luo Jing Cheng Executives
Yu Xiao You Independent director
Chen Nu Xing Supervisors
Rao Xian Hong Director
Tian Li Song Director

Changsha Jingjia Microelectronics Co (SZSE:300474) Headlines

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