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Dare Power Dekor Home Co (SZSE:000910) Cyclically Adjusted PS Ratio : 0.46 (As of Jun. 07, 2024)


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What is Dare Power Dekor Home Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Dare Power Dekor Home Co's current share price is ¥6.67. Dare Power Dekor Home Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥14.61. Dare Power Dekor Home Co's Cyclically Adjusted PS Ratio for today is 0.46.

The historical rank and industry rank for Dare Power Dekor Home Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:000910' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.79   Max: 1.73
Current: 0.48

During the past years, Dare Power Dekor Home Co's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.37. And the median was 0.79.

SZSE:000910's Cyclically Adjusted PS Ratio is ranked better than
57.03% of 249 companies
in the Forest Products industry
Industry Median: 0.58 vs SZSE:000910: 0.48

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.

Dare Power Dekor Home Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.818. 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 ¥14.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dare Power Dekor Home Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dare Power Dekor Home 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.

Dare Power Dekor Home Co Cyclically Adjusted PS Ratio Chart

Dare Power Dekor Home 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 0.88 0.90 0.85 0.55 0.54

Dare Power Dekor Home 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 0.60 0.52 0.53 0.54 0.49

Competitive Comparison of Dare Power Dekor Home Co's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Dare Power Dekor Home 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.


Dare Power Dekor Home Co's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dare Power Dekor Home Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dare Power Dekor Home Co's Cyclically Adjusted PS Ratio falls into.



Dare Power Dekor Home 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.

Dare Power Dekor Home Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.67/14.61
=0.46

* 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.

Dare Power Dekor Home Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dare Power Dekor Home 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)
=1.818/115.2271*115.2271
=1.818

Current CPI (Mar. 2024) = 115.2271.

Dare Power Dekor Home Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.003 98.200 4.697
201409 4.201 98.900 4.895
201412 4.910 99.000 5.715
201503 3.000 99.900 3.460
201506 3.622 99.500 4.194
201509 4.147 100.500 4.755
201512 3.628 100.600 4.156
201603 2.114 102.200 2.383
201606 3.159 101.400 3.590
201609 3.046 102.400 3.428
201612 4.204 102.600 4.721
201703 2.382 103.200 2.660
201706 3.096 103.100 3.460
201709 3.527 104.100 3.904
201712 3.972 104.500 4.380
201803 2.528 105.300 2.766
201806 3.090 104.900 3.394
201809 3.567 106.600 3.856
201812 3.873 106.500 4.190
201903 2.554 107.700 2.732
201906 3.089 107.700 3.305
201909 3.599 109.800 3.777
201912 4.017 111.200 4.162
202003 1.359 112.300 1.394
202006 3.322 110.400 3.467
202009 3.849 111.700 3.971
202012 4.745 111.500 4.904
202103 2.580 112.662 2.639
202106 3.910 111.769 4.031
202109 4.790 112.215 4.919
202112 4.756 113.108 4.845
202203 2.412 114.335 2.431
202206 3.679 114.558 3.700
202209 3.542 115.339 3.539
202212 3.865 115.116 3.869
202303 1.875 115.116 1.877
202306 3.133 114.558 3.151
202309 3.221 115.339 3.218
202312 3.733 114.781 3.748
202403 1.818 115.227 1.818

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.


Dare Power Dekor Home Co  (SZSE:000910) 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.


Dare Power Dekor Home Co Cyclically Adjusted PS Ratio Related Terms

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


Dare Power Dekor Home Co (SZSE:000910) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Qiliang Road, Daya Industrial Park, Economic Development Zone, Jiangsu Province, Danyang, CHN, 212310
Dare Power Dekor Home Co Ltd provides plywood and flooring materials in China. Geographically operates through China, however, it distributes its product in both Chinese and overseas market.
Executives
Wu Gu Hua Secretary Dong
Chen Gang Directors, executives
Chen Xiao Long Director
Chen Xing Kang Director
Chen Hong Bing Director

Dare Power Dekor Home Co (SZSE:000910) Headlines

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