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Shanghai Baosight Software Co (SHSE:600845) Cyclically Adjusted PS Ratio : 11.50 (As of Jun. 11, 2024)


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What is Shanghai Baosight Software Co Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Shanghai Baosight Software Co's current share price is ¥41.75. Shanghai Baosight Software Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.63. Shanghai Baosight Software Co's Cyclically Adjusted PS Ratio for today is 11.50.

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

SHSE:600845' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.11   Med: 6.42   Max: 17.73
Current: 11.37

During the past years, Shanghai Baosight Software Co's highest Cyclically Adjusted PS Ratio was 17.73. The lowest was 2.11. And the median was 6.42.

SHSE:600845's Cyclically Adjusted PS Ratio is ranked worse than
92.12% of 1459 companies
in the Software industry
Industry Median: 1.82 vs SHSE:600845: 11.37

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.

Shanghai Baosight Software Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.409. 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 ¥3.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Baosight Software Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shanghai Baosight Software 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.

Shanghai Baosight Software Co Cyclically Adjusted PS Ratio Chart

Shanghai Baosight Software 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 6.91 13.09 13.58 11.55 13.85

Shanghai Baosight Software 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 14.78 15.16 13.07 13.85 10.45

Competitive Comparison of Shanghai Baosight Software Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Shanghai Baosight Software 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.


Shanghai Baosight Software Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Baosight Software Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Baosight Software Co's Cyclically Adjusted PS Ratio falls into.



Shanghai Baosight Software 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.

Shanghai Baosight Software Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.75/3.63
=11.50

* 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.

Shanghai Baosight Software Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Baosight Software 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)
=1.409/115.2271*115.2271
=1.409

Current CPI (Mar. 2024) = 115.2271.

Shanghai Baosight Software Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.443 98.200 0.520
201409 0.515 98.900 0.600
201412 0.787 99.000 0.916
201503 0.414 99.900 0.478
201506 0.429 99.500 0.497
201509 0.585 100.500 0.671
201512 0.595 100.600 0.682
201603 0.410 102.200 0.462
201606 0.429 101.400 0.487
201609 0.416 102.400 0.468
201612 0.667 102.600 0.749
201703 0.460 103.200 0.514
201706 0.530 103.100 0.592
201709 0.554 104.100 0.613
201712 0.742 104.500 0.818
201803 0.441 105.300 0.483
201806 0.667 104.900 0.733
201809 0.686 106.600 0.742
201812 0.747 106.500 0.808
201903 0.603 107.700 0.645
201906 0.614 107.700 0.657
201909 0.739 109.800 0.776
201912 1.006 111.200 1.042
202003 0.562 112.300 0.577
202006 0.908 110.400 0.948
202009 0.978 111.700 1.009
202012 1.806 111.500 1.866
202103 0.862 112.662 0.882
202106 0.762 111.769 0.786
202109 1.081 112.215 1.110
202112 1.769 113.108 1.802
202203 1.052 114.335 1.060
202206 1.042 114.558 1.048
202209 1.133 115.339 1.132
202212 2.330 115.116 2.332
202303 1.057 115.116 1.058
202306 1.312 114.558 1.320
202309 1.311 115.339 1.310
202312 1.698 114.781 1.705
202403 1.409 115.227 1.409

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.


Shanghai Baosight Software Co  (SHSE:600845) 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.


Shanghai Baosight Software Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Shanghai Baosight Software Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Baosight Software Co (SHSE:600845) Business Description

Traded in Other Exchanges
Address
No. 515 Guoshoujing Road, Zhangjiang New and High-Technology Park, Pudong, Shanghai, CHN, 201203
Shanghai Baosight Software Co Ltd is the IT software business unit of Baosteel. It offers products and services in sectors such as the iron and steel, transportation, service outsourcing, mining and extracting, nonferrous, and petrochemical industries. its product includes Metallurgical Industry Information System Architecture Integrating Intelligent, Robots, unmanned and other intelligent equipment, highly automated control software and systems, and agile, flexible, intelligent MOM solution.
Executives
Song Jian Hai senior management
Xia Xue Song Director
Chen Jian senior management
Liang Yue Yong senior management
Wang Jian Hu Directors, senior managers
Song Shi Wei senior management
Lv Zi Nan senior management
Zhou Jian Ping senior management
Hu Guo Fen senior management
Zhu Xiang Kai Director
Huang Min Qin Director
Feng Wei Min Supervisors
Zhang Shuo Gong Director
Chen Jian Dong Mi senior management
Chen Jian Fu Zong senior management

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