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BGI Genomics Co (SZSE:300676) Cyclically Adjusted PS Ratio : 4.07 (As of May. 20, 2024)


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What is BGI Genomics Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), BGI Genomics Co's current share price is ¥41.13. BGI Genomics Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥10.11. BGI Genomics Co's Cyclically Adjusted PS Ratio for today is 4.07.

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

SZSE:300676' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.63   Med: 5.37   Max: 9.89
Current: 4.09

During the past 12 years, BGI Genomics Co's highest Cyclically Adjusted PS Ratio was 9.89. The lowest was 3.63. And the median was 5.37.

SZSE:300676's Cyclically Adjusted PS Ratio is ranked worse than
69.17% of 133 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.36 vs SZSE:300676: 4.09

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.

BGI Genomics Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥10.549. 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 ¥10.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BGI Genomics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BGI Genomics 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.

BGI Genomics Co Cyclically Adjusted PS Ratio Chart

BGI Genomics 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 - - 8.58 4.88 4.75

BGI Genomics 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 - - - 4.75 -

Competitive Comparison of BGI Genomics Co's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, BGI Genomics 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.


BGI Genomics Co's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, BGI Genomics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BGI Genomics 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.13/10.11
=4.07

* 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.

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

For example, BGI Genomics 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)
=10.549/114.7809*114.7809
=10.549

Current CPI (Dec23) = 114.7809.

BGI Genomics Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.428 99.000 5.134
201512 3.874 100.600 4.420
201612 4.733 102.600 5.295
201712 5.527 104.500 6.071
201812 6.340 106.500 6.833
201912 7.000 111.200 7.225
202012 21.032 111.500 21.651
202112 16.436 113.108 16.679
202212 17.271 115.116 17.221
202312 10.549 114.781 10.549

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.


BGI Genomics Co  (SZSE:300676) 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.


BGI Genomics Co Cyclically Adjusted PS Ratio Related Terms

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BGI Genomics Co (SZSE:300676) Business Description

Traded in Other Exchanges
N/A
Address
21 Hongan Third Street, Dong, Huada Complex Park, Yantian District, Shenzhen, CHN, 518083
BGI Genomics Co Ltd is a China-based company principally engaged in the provision of genomic class diagnosis and research services through the application of biotechnology. It offers its services in various research areas, such as agriculture and food science, cancer research, metagenomics, reproductive health, biomarker discovery, and drug discovery. The company mainly provides services for domestic and overseas academic institutions hospitals, medical institutions and others.

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