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Suning Universal Co (SZSE:000718) Cyclically Adjusted PS Ratio : 1.09 (As of Jun. 11, 2024)


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What is Suning Universal Co Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Suning Universal Co's current share price is ¥1.87. Suning Universal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.71. Suning Universal Co's Cyclically Adjusted PS Ratio for today is 1.09.

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

SZSE:000718' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 2.18   Max: 11.13
Current: 1.1

During the past years, Suning Universal Co's highest Cyclically Adjusted PS Ratio was 11.13. The lowest was 1.10. And the median was 2.18.

SZSE:000718's Cyclically Adjusted PS Ratio is ranked better than
61.52% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs SZSE:000718: 1.10

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.

Suning Universal Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.150. 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 ¥1.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suning Universal Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Suning Universal 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.

Suning Universal Co Cyclically Adjusted PS Ratio Chart

Suning Universal 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 1.82 1.66 2.32 1.70 1.52

Suning Universal 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 1.64 1.51 1.55 1.52 1.21

Competitive Comparison of Suning Universal Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Suning Universal 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.


Suning Universal Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suning Universal Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Suning Universal 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.

Suning Universal Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.87/1.71
=1.09

* 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.

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

For example, Suning Universal 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)
=0.15/115.2271*115.2271
=0.150

Current CPI (Mar. 2024) = 115.2271.

Suning Universal Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.099 98.200 0.116
201409 0.282 98.900 0.329
201412 1.448 99.000 1.685
201503 0.144 99.900 0.166
201506 1.287 99.500 1.490
201509 0.554 100.500 0.635
201512 0.804 100.600 0.921
201603 0.165 102.200 0.186
201606 0.452 101.400 0.514
201609 0.743 102.400 0.836
201612 1.370 102.600 1.539
201703 0.183 103.200 0.204
201706 0.377 103.100 0.421
201709 0.391 104.100 0.433
201712 0.951 104.500 1.049
201803 0.261 105.300 0.286
201806 0.230 104.900 0.253
201809 0.188 106.600 0.203
201812 0.390 106.500 0.422
201903 0.210 107.700 0.225
201906 0.355 107.700 0.380
201909 0.268 109.800 0.281
201912 0.459 111.200 0.476
202003 0.256 112.300 0.263
202006 0.351 110.400 0.366
202009 0.211 111.700 0.218
202012 0.609 111.500 0.629
202103 0.268 112.662 0.274
202106 0.312 111.769 0.322
202109 0.223 112.215 0.229
202112 0.182 113.108 0.185
202203 0.157 114.335 0.158
202206 0.216 114.558 0.217
202209 0.224 115.339 0.224
202212 0.141 115.116 0.141
202303 0.143 115.116 0.143
202306 0.197 114.558 0.198
202309 0.142 115.339 0.142
202312 0.214 114.781 0.215
202403 0.150 115.227 0.150

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.


Suning Universal Co  (SZSE:000718) 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.


Suning Universal Co Cyclically Adjusted PS Ratio Related Terms

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


Suning Universal Co (SZSE:000718) Business Description

Traded in Other Exchanges
N/A
Address
188 Guangzhou Road, Nanjing, CHN
Suning Universal Co Ltd operates in the real estate development industry. The projects of the company include commercial estate which includes tianrun city square and suning beitang project, residential property which include suning venice, suning tianrun city, and suning mingduhui, the hotel which includes suning venice hotel, and building materials.
Executives
Jiang Li Bo Secretary, Director
Liu De Bo Executives
Li Wei Directors, executives
Li Jun Supervisors
Zhang Kang Li Director
Zhang Gui Ping Director
Ma Li Li Supervisors
Jia Sen Executives
Liu Deng Hua Secretary Dong
Wang Yong Gang Executives
Guo Ru Jin Directors, executives
Zhang Jian Guo Supervisors
Qiu Hong Tao Securities Affairs Representative
Gu Jian Hua Director
Cui Zhen Jie Executives

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