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Beijing Aritime Intelligent Control Co (SHSE:600560) Cyclically Adjusted PS Ratio : 4.37 (As of Jun. 09, 2024)


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What is Beijing Aritime Intelligent Control Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Beijing Aritime Intelligent Control Co's current share price is ¥13.43. Beijing Aritime Intelligent Control Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.07. Beijing Aritime Intelligent Control Co's Cyclically Adjusted PS Ratio for today is 4.37.

The historical rank and industry rank for Beijing Aritime Intelligent Control Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600560' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.83   Max: 7.11
Current: 4.38

During the past years, Beijing Aritime Intelligent Control Co's highest Cyclically Adjusted PS Ratio was 7.11. The lowest was 1.61. And the median was 2.83.

SHSE:600560's Cyclically Adjusted PS Ratio is ranked worse than
85.9% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs SHSE:600560: 4.38

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.

Beijing Aritime Intelligent Control Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.597. 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 ¥3.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Aritime Intelligent Control Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing Aritime Intelligent Control 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.

Beijing Aritime Intelligent Control Co Cyclically Adjusted PS Ratio Chart

Beijing Aritime Intelligent Control 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 2.20 2.36 2.79 2.99 4.78

Beijing Aritime Intelligent Control 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 3.74 4.76 4.81 4.78 5.27

Competitive Comparison of Beijing Aritime Intelligent Control Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Beijing Aritime Intelligent Control 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.


Beijing Aritime Intelligent Control Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Aritime Intelligent Control Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Aritime Intelligent Control Co's Cyclically Adjusted PS Ratio falls into.



Beijing Aritime Intelligent Control 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.

Beijing Aritime Intelligent Control Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.43/3.07
=4.37

* 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.

Beijing Aritime Intelligent Control Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Beijing Aritime Intelligent Control Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.597/115.2271*115.2271
=0.597

Current CPI (Mar. 2024) = 115.2271.

Beijing Aritime Intelligent Control Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.537 98.200 0.630
201409 0.433 98.900 0.504
201412 0.896 99.000 1.043
201503 0.745 99.900 0.859
201506 0.503 99.500 0.583
201509 0.632 100.500 0.725
201512 0.525 100.600 0.601
201603 0.547 102.200 0.617
201606 0.859 101.400 0.976
201609 0.398 102.400 0.448
201612 0.322 102.600 0.362
201703 0.576 103.200 0.643
201706 0.659 103.100 0.737
201709 0.496 104.100 0.549
201712 0.675 104.500 0.744
201803 0.497 105.300 0.544
201806 0.811 104.900 0.891
201809 0.759 106.600 0.820
201812 0.420 106.500 0.454
201903 0.808 107.700 0.864
201906 0.763 107.700 0.816
201909 0.551 109.800 0.578
201912 0.940 111.200 0.974
202003 0.499 112.300 0.512
202006 0.731 110.400 0.763
202009 1.367 111.700 1.410
202012 0.601 111.500 0.621
202103 0.614 112.662 0.628
202106 0.776 111.769 0.800
202109 0.931 112.215 0.956
202112 0.851 113.108 0.867
202203 0.691 114.335 0.696
202206 0.631 114.558 0.635
202209 0.725 115.339 0.724
202212 1.244 115.116 1.245
202303 0.948 115.116 0.949
202306 0.785 114.558 0.790
202309 1.289 115.339 1.288
202312 1.227 114.781 1.232
202403 0.597 115.227 0.597

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.


Beijing Aritime Intelligent Control Co  (SHSE:600560) 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.


Beijing Aritime Intelligent Control Co Cyclically Adjusted PS Ratio Related Terms

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Beijing Aritime Intelligent Control Co (SHSE:600560) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Fu Feng Road, Technology Park, Fengtai District, Beijing, Beijing, CHN, 100070
Beijing Aritime Intelligent Control Co Ltd is engaged in the research and development, production, sales and undertake automation engineering and technical services of industrial automation products. The company provides users with comprehensive, industrial, advanced, customized and high-performance industrial automation solutions. The products of the company are AriCon (open distributed control system), AriDrive (electric drive series products), AriMeter (industrial testing instrument series products), AriMes (process industrial manufacturing execution system software products) and metallurgical process complete control system. The products are used in metallurgy, mining, chemical, petroleum, machinery, electricity, energy, environmental protection and other industries.

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