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Konfoong Materials International Co (SZSE:300666) Cyclically Adjusted PS Ratio : 9.95 (As of Jun. 08, 2024)


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What is Konfoong Materials International Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Konfoong Materials International Co's current share price is ¥48.86. Konfoong Materials International Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥4.91. Konfoong Materials International Co's Cyclically Adjusted PS Ratio for today is 9.95.

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

SZSE:300666' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.71   Med: 15.07   Max: 18.56
Current: 9.5

During the past 12 years, Konfoong Materials International Co's highest Cyclically Adjusted PS Ratio was 18.56. The lowest was 7.71. And the median was 15.07.

SZSE:300666's Cyclically Adjusted PS Ratio is ranked worse than
88.38% of 680 companies
in the Semiconductors industry
Industry Median: 2.33 vs SZSE:300666: 9.50

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.

Konfoong Materials International Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥9.776. 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 ¥4.91 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konfoong Materials International Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Konfoong Materials International 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.

Konfoong Materials International Co Cyclically Adjusted PS Ratio Chart

Konfoong Materials International 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 - - 14.45 15.81 11.94

Konfoong Materials International 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 - - - 11.94 -

Competitive Comparison of Konfoong Materials International Co's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Konfoong Materials International 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.


Konfoong Materials International Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Konfoong Materials International Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Konfoong Materials International 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.

Konfoong Materials International Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.86/4.91
=9.95

* 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.

Konfoong Materials International Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Konfoong Materials International Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=9.776/114.7809*114.7809
=9.776

Current CPI (Dec23) = 114.7809.

Konfoong Materials International Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.541 99.000 1.787
201512 1.830 100.600 2.088
201612 2.660 102.600 2.976
201712 2.835 104.500 3.114
201812 2.983 106.500 3.215
201912 3.727 111.200 3.847
202012 5.232 111.500 5.386
202112 7.026 113.108 7.130
202212 9.764 115.116 9.736
202312 9.776 114.781 9.776

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.


Konfoong Materials International Co  (SZSE:300666) 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.


Konfoong Materials International Co Cyclically Adjusted PS Ratio Related Terms

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


Konfoong Materials International Co (SZSE:300666) Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Anshan Road, Mingbang Science and Technology Industrial Park, Zhejiang, Yuyao, CHN, 315400
Konfoong Materials International Co Ltd develops and manufactures metal materials and sputtering targets for the semiconductor and integrated circuit industries. Its products include semiconductor targets, solar targets, LCD targets, and TF targets. Geographically the business activities are carried out through China, however, its products are sold Chinese and international market such as Europe, North America, and Asia.
Executives
Yao Li Jun Directors, executives
Zhang Hui Yang Director
Wang Xiao Yong Supervisors
Shi Yu Hong Securities Affairs Representative
Li Zhong Zhuo Director
Dou Xing Xian Executives

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