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Easy Click Worldwide Network Technology Co (SZSE:301171) Cyclically Adjusted PS Ratio : 2.71 (As of May. 28, 2024)


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What is Easy Click Worldwide Network Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Easy Click Worldwide Network Technology Co's current share price is ¥15.61. Easy Click Worldwide Network Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥5.77. Easy Click Worldwide Network Technology Co's Cyclically Adjusted PS Ratio for today is 2.71.

The historical rank and industry rank for Easy Click Worldwide Network Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:301171' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.62   Med: 3.38   Max: 5.09
Current: 2.72

During the past 13 years, Easy Click Worldwide Network Technology Co's highest Cyclically Adjusted PS Ratio was 5.09. The lowest was 2.62. And the median was 3.38.

SZSE:301171's Cyclically Adjusted PS Ratio is ranked worse than
83.66% of 710 companies
in the Media - Diversified industry
Industry Median: 0.895 vs SZSE:301171: 2.72

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.

Easy Click Worldwide Network Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥4.543. 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 ¥5.77 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Easy Click Worldwide Network Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Easy Click Worldwide Network Technology 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.

Easy Click Worldwide Network Technology Co Cyclically Adjusted PS Ratio Chart

Easy Click Worldwide Network Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.25 3.43

Easy Click Worldwide Network Technology Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 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 - - - 3.43 -

Competitive Comparison of Easy Click Worldwide Network Technology Co's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, Easy Click Worldwide Network Technology 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.


Easy Click Worldwide Network Technology Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Easy Click Worldwide Network Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Easy Click Worldwide Network Technology Co's Cyclically Adjusted PS Ratio falls into.



Easy Click Worldwide Network Technology 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.

Easy Click Worldwide Network Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.61/5.77
=2.71

* 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.

Easy Click Worldwide Network Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Easy Click Worldwide Network Technology 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)
=4.543/114.7809*114.7809
=4.543

Current CPI (Dec23) = 114.7809.

Easy Click Worldwide Network Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 2.370 97.624 2.787
201412 2.520 99.000 2.922
201512 8.661 100.600 9.882
201712 4.559 104.500 5.008
201812 5.034 106.500 5.425
201912 6.317 111.200 6.520
202012 6.230 111.500 6.413
202112 8.611 113.108 8.738
202212 5.454 115.116 5.438
202312 4.543 114.781 4.543

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.


Easy Click Worldwide Network Technology Co  (SZSE:301171) 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.


Easy Click Worldwide Network Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Traded in Other Exchanges
N/A
Address
No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077
Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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