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Comefly Outdoor Co (SHSE:603908) Cyclically Adjusted PS Ratio : 3.62 (As of Jun. 06, 2024)


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What is Comefly Outdoor Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Comefly Outdoor Co's current share price is ¥31.98. Comefly Outdoor Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥8.83. Comefly Outdoor Co's Cyclically Adjusted PS Ratio for today is 3.62.

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

SHSE:603908' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.04   Med: 3.14   Max: 7.31
Current: 3.64

During the past 13 years, Comefly Outdoor Co's highest Cyclically Adjusted PS Ratio was 7.31. The lowest was 2.04. And the median was 3.14.

SHSE:603908's Cyclically Adjusted PS Ratio is ranked worse than
86.96% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs SHSE:603908: 3.64

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.

Comefly Outdoor Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥15.677. 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 ¥8.83 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comefly Outdoor Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Comefly Outdoor 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.

Comefly Outdoor Co Cyclically Adjusted PS Ratio Chart

Comefly Outdoor 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 - 3.38 5.90 7.66 4.22

Comefly Outdoor 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 - - - 4.22 -

Competitive Comparison of Comefly Outdoor Co's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Comefly Outdoor 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.


Comefly Outdoor Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Comefly Outdoor Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Comefly Outdoor Co's Cyclically Adjusted PS Ratio falls into.



Comefly Outdoor 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.

Comefly Outdoor Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.98/8.83
=3.62

* 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.

Comefly Outdoor Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Comefly Outdoor 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)
=15.677/114.7809*114.7809
=15.677

Current CPI (Dec23) = 114.7809.

Comefly Outdoor Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.160 99.000 7.142
201512 6.470 100.600 7.382
201612 6.155 102.600 6.886
201712 5.891 104.500 6.471
201812 5.927 106.500 6.388
201912 5.655 111.200 5.837
202012 6.890 111.500 7.093
202112 9.899 113.108 10.045
202212 15.389 115.116 15.344
202312 15.677 114.781 15.677

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.


Comefly Outdoor Co  (SHSE:603908) 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.


Comefly Outdoor Co Cyclically Adjusted PS Ratio Related Terms

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


Comefly Outdoor Co (SHSE:603908) Business Description

Traded in Other Exchanges
N/A
Address
No. 895 Century Avenue, a building, Zhejiang Province, Quzhou, CHN, 324000
Comefly Outdoor Co Ltd is a China based company mainly engaged in research and development, design, manufacture and sales of camping tents, outdoor clothing and other outdoor supplies. Its products portfolio includes tents, sleeping bags, a self-filling pad and other outdoor equipment, as well as jackets, down jackets, hiking shoes, sports bags and other outdoor clothing, shoes, and accessories.
Executives
Du Su Zhen Directors, senior managers
Xu Jing Directors, senior managers
Ma Qi Gang senior management
Yu Li Ping Supervisors
Zhou Yan Director

Comefly Outdoor Co (SHSE:603908) Headlines

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