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Maxscend Microelectronics Co (SZSE:300782) Cyclically Adjusted PS Ratio : 23.35 (As of Jun. 04, 2024)


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What is Maxscend Microelectronics Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Maxscend Microelectronics Co's current share price is ¥88.03. Maxscend Microelectronics Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥3.77. Maxscend Microelectronics Co's Cyclically Adjusted PS Ratio for today is 23.35.

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

SZSE:300782' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 23   Med: 28.38   Max: 33.55
Current: 23

During the past 10 years, Maxscend Microelectronics Co's highest Cyclically Adjusted PS Ratio was 33.55. The lowest was 23.00. And the median was 28.38.

SZSE:300782's Cyclically Adjusted PS Ratio is ranked worse than
96.77% of 681 companies
in the Semiconductors industry
Industry Median: 2.32 vs SZSE:300782: 23.00

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.

Maxscend Microelectronics Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥8.188. 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 ¥3.77 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxscend Microelectronics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maxscend 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.

Maxscend Microelectronics Co Cyclically Adjusted PS Ratio Chart

Maxscend 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 - - - - 37.35

Maxscend 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 - - - 37.35 -

Competitive Comparison of Maxscend Microelectronics Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Maxscend 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.


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

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

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



Maxscend 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=88.03/3.77
=23.35

* 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.

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

For example, Maxscend Microelectronics 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)
=8.188/114.7809*114.7809
=8.188

Current CPI (Dec23) = 114.7809.

Maxscend Microelectronics Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.122 99.000 0.141
201512 0.314 100.600 0.358
201612 1.030 102.600 1.152
201712 1.522 104.500 1.672
201812 1.441 106.500 1.553
201912 3.334 111.200 3.441
202012 5.386 111.500 5.544
202112 8.700 113.108 8.829
202212 6.890 115.116 6.870
202312 8.188 114.781 8.188

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.


Maxscend Microelectronics Co  (SZSE:300782) 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.


Maxscend Microelectronics Co Cyclically Adjusted PS Ratio Related Terms

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Maxscend Microelectronics Co (SZSE:300782) Business Description

Traded in Other Exchanges
N/A
Address
No.777 Building West Road, 11th Floor, Building A3, Binhu District, Jiangsu, Wuxi, CHN, 214072
Maxscend Microelectronics Co Ltd is a Chinese based company involved in the integrated circuit business. The business activity of the group includes integrated circuit production; technology development of integrated circuits and providing software technical services.
Executives
Directors, executives
Xu Zhi Han Directors, executives
Yao Li Sheng Director

Maxscend Microelectronics Co (SZSE:300782) Headlines

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