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Telestone Technologies (FRA:MSOA) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Telestone Technologies Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telestone Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Telestone Technologies'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.

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Telestone Technologies Cyclically Adjusted PS Ratio Chart

Telestone Technologies Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PS Ratio
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Telestone Technologies Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Telestone Technologies's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Telestone Technologies'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.


Telestone Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telestone Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Telestone Technologies's Cyclically Adjusted PS Ratio falls into.



Telestone Technologies 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.

Telestone Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Telestone Technologies's adjusted Revenue per Share data for the three months ended in Dec. 2012 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=0.298/95.2366*95.2366
=0.298

Current CPI (Dec. 2012) = 95.2366.

Telestone Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200303 0.000 71.532 0.000
200306 0.000 70.039 0.000
200309 5.745 71.018 7.704
200312 0.000 72.808 0.000
200403 0.000 73.682 0.000
200406 0.000 73.459 0.000
200409 0.729 74.637 0.930
200412 0.654 74.488 0.836
200503 0.336 75.597 0.423
200506 0.425 74.618 0.542
200509 0.370 75.290 0.468
200512 0.536 75.666 0.675
200603 0.361 76.340 0.450
200606 0.473 76.034 0.592
200609 0.473 76.413 0.590
200612 0.634 77.793 0.776
200703 0.392 78.884 0.473
200706 0.525 79.357 0.630
200709 0.688 81.276 0.806
200712 0.867 82.911 0.996
200803 0.399 85.485 0.445
200806 0.372 85.058 0.417
200809 0.562 85.057 0.629
200812 1.023 83.956 1.160
200903 0.581 84.457 0.655
200906 0.832 83.615 0.948
200909 1.246 84.369 1.406
200912 2.173 85.386 2.424
201003 0.780 86.316 0.861
201006 1.289 85.886 1.429
201009 3.115 87.267 3.399
201012 4.120 89.289 4.394
201103 0.836 91.154 0.873
201106 1.368 91.612 1.422
201109 1.745 92.711 1.793
201112 2.496 92.885 2.559
201203 0.916 94.367 0.924
201206 1.008 93.495 1.027
201209 0.955 94.482 0.963
201212 0.298 95.237 0.298

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.


Telestone Technologies  (FRA:MSOA) 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.


Telestone Technologies Cyclically Adjusted PS Ratio Related Terms

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Telestone Technologies (FRA:MSOA) Business Description

Traded in Other Exchanges
N/A
Address
Telestone Technologies Corp was organized under the laws of the State of Colorado in February 1987 under the name Shield Enterprises, Inc. In August 2004, TSTC reincorporated in the State of Delaware under the name Telestone Technologies Corporation. It provides access network solutions in China. The company's access network solutions include the research and development and application of access-network technology. In addition to its homegrown access-network equipment, which includes repeaters, antennas, and radio-frequency peripherals, the company offers project design, project management, installation, maintenance, and other after sales services to its customers. The company offers WFDS, a next generation wireless distribution system. WFDS is an all-optical network that combines the technologies of both wireless and optical telecommunications. As of December 31, 2011, it completed 499 WFDS installations. The company designs and sells electronic equipment used to provide access-network solutions to its customers. Many of these types of equipment, including WFDS products, RFPA products, passive components and base station antennas for 2G, 3G, Broadband access and CATV networks, are specialized active microwave components designed to meet the needs of its customers.The company provides systems integration services to its customers. The primary systems integration services provided to the company's customers are project design and engineering, specifically, the development and design of indoor and outdoor wireless signal complementary coverage solutions and their applied products. The company also markets its products to 29 countries, including the United States, Vietnam, Mexico, Brazil, Russia, India, the Philippines, Thailand, Ireland, Ecuador, Mongolia, South Africa, Turkey, Indonesia, Colombia, Costa Rica, Argentina, Ukraine, Kazakhstan, Singapore, South Korea, Hong Kong, Saudi Arabia, New Zealand, Bangladesh, the United Arab Emirates, Canada, and Iceland.

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