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Leysen Jewelry (SHSE:603900) Cyclically Adjusted PS Ratio : 0.96 (As of Jun. 06, 2024)


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What is Leysen Jewelry Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Leysen Jewelry's current share price is ¥4.63. Leysen Jewelry's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥4.81. Leysen Jewelry's Cyclically Adjusted PS Ratio for today is 0.96.

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

SHSE:603900' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.28   Max: 1.65
Current: 1.08

During the past 13 years, Leysen Jewelry's highest Cyclically Adjusted PS Ratio was 1.65. The lowest was 0.81. And the median was 1.28.

SHSE:603900's Cyclically Adjusted PS Ratio is ranked worse than
72.27% of 768 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs SHSE:603900: 1.08

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.

Leysen Jewelry's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥2.116. 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 ¥4.81 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leysen Jewelry Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Leysen Jewelry'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.

Leysen Jewelry Cyclically Adjusted PS Ratio Chart

Leysen Jewelry 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 - 1.25 1.45 1.25 1.39

Leysen Jewelry 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 - - - 1.39 -

Competitive Comparison of Leysen Jewelry's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, Leysen Jewelry'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.


Leysen Jewelry's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Leysen Jewelry's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Leysen Jewelry 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.

Leysen Jewelry's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.63/4.81
=0.96

* 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.

Leysen Jewelry's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Leysen Jewelry'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)
=2.116/114.7809*114.7809
=2.116

Current CPI (Dec23) = 114.7809.

Leysen Jewelry Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.592 99.000 6.483
201512 5.824 100.600 6.645
201612 6.290 102.600 7.037
201712 5.779 104.500 6.348
201812 4.840 106.500 5.216
201912 3.894 111.200 4.019
202012 3.647 111.500 3.754
202112 3.789 113.108 3.845
202212 2.624 115.116 2.616
202312 2.116 114.781 2.116

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.


Leysen Jewelry  (SHSE:603900) 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.


Leysen Jewelry Cyclically Adjusted PS Ratio Related Terms

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


Leysen Jewelry (SHSE:603900) Business Description

Traded in Other Exchanges
N/A
Address
19 Hua Shen Da Dao, Yuhuatai Qu, Jiangsu Sheng, Nanjing, CHN, 210012
Leysen Jewelry Inc operates in the jewellery industry. The company is mainly engaged in brand operation management, product design, research and development and retail of jewellery. The main products offering include diamonds, precious stones, jewellery made of jade, gold, platinum and other materials.
Executives
Liu Jin senior management
Zhuang Ou Director
Cao Ying senior management
Ma Jun Director
Shen Dong Jun Director

Leysen Jewelry (SHSE:603900) Headlines

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