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Beijing Kingsoft Office Software (SHSE:688111) Cyclically Adjusted PS Ratio : 61.24 (As of May. 24, 2024)


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What is Beijing Kingsoft Office Software Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Beijing Kingsoft Office Software's current share price is ¥272.50. Beijing Kingsoft Office Software's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥4.45. Beijing Kingsoft Office Software's Cyclically Adjusted PS Ratio for today is 61.24.

The historical rank and industry rank for Beijing Kingsoft Office Software's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:688111' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 47.16   Med: 59.25   Max: 74.1
Current: 63.09

During the past 10 years, Beijing Kingsoft Office Software's highest Cyclically Adjusted PS Ratio was 74.10. The lowest was 47.16. And the median was 59.25.

SHSE:688111's Cyclically Adjusted PS Ratio is ranked worse than
99.65% of 1444 companies
in the Software industry
Industry Median: 1.865 vs SHSE:688111: 63.09

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 Kingsoft Office Software's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥9.854. 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 ¥4.45 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Kingsoft Office Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing Kingsoft Office Software'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 Kingsoft Office Software Cyclically Adjusted PS Ratio Chart

Beijing Kingsoft Office Software 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 - - - - 70.98

Beijing Kingsoft Office Software 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 - - - 70.98 -

Competitive Comparison of Beijing Kingsoft Office Software's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Beijing Kingsoft Office Software'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 Kingsoft Office Software's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Kingsoft Office Software's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Kingsoft Office Software's Cyclically Adjusted PS Ratio falls into.



Beijing Kingsoft Office Software 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 Kingsoft Office Software's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=272.50/4.45
=61.24

* 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 Kingsoft Office Software's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Beijing Kingsoft Office Software'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)
=9.854/114.7809*114.7809
=9.854

Current CPI (Dec23) = 114.7809.

Beijing Kingsoft Office Software Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.830 99.000 0.962
201512 1.110 100.600 1.266
201612 1.503 102.600 1.681
201712 2.109 104.500 2.316
201812 3.127 106.500 3.370
201912 4.298 111.200 4.436
202012 4.905 111.500 5.049
202112 7.119 113.108 7.224
202212 8.413 115.116 8.389
202312 9.854 114.781 9.854

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 Kingsoft Office Software  (SHSE:688111) 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 Kingsoft Office Software Cyclically Adjusted PS Ratio Related Terms

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


Beijing Kingsoft Office Software (SHSE:688111) Business Description

Traded in Other Exchanges
N/A
Address
No.33 Xiaoying West Road, Jinshan Software Building, Haidian District, Beijing, CHN, 100085
Beijing Kingsoft Office Software Inc is engaged in designing, development and sale of WPS Office software products and services. Its product portfolio includes WPS Office Pro 2016, WPS mobile office platform, WPS Office Personal Edition, WPS Office Mobile, and Kingsoft Power Enterprise Edition.

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