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Gettop Acoustic Co (SZSE:002655) Cyclically Adjusted PS Ratio : 4.25 (As of Jun. 10, 2024)


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What is Gettop Acoustic Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Gettop Acoustic Co's current share price is ¥11.21. Gettop Acoustic Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.64. Gettop Acoustic Co's Cyclically Adjusted PS Ratio for today is 4.25.

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

SZSE:002655' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 4.31   Max: 7.18
Current: 4.25

During the past years, Gettop Acoustic Co's highest Cyclically Adjusted PS Ratio was 7.18. The lowest was 2.36. And the median was 4.31.

SZSE:002655's Cyclically Adjusted PS Ratio is ranked worse than
87.04% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs SZSE:002655: 4.25

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.

Gettop Acoustic Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.719. 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 ¥2.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gettop Acoustic Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gettop Acoustic 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.

Gettop Acoustic Co Cyclically Adjusted PS Ratio Chart

Gettop Acoustic 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 - 2.92 6.94 4.22 5.19

Gettop Acoustic 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 5.01 4.99 4.34 5.19 4.21

Competitive Comparison of Gettop Acoustic Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Gettop Acoustic 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.


Gettop Acoustic Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gettop Acoustic Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gettop Acoustic 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.

Gettop Acoustic Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.21/2.64
=4.25

* 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.

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

For example, Gettop Acoustic 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)
=0.719/115.2271*115.2271
=0.719

Current CPI (Mar. 2024) = 115.2271.

Gettop Acoustic Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.307 98.200 0.360
201409 0.567 98.900 0.661
201412 0.690 99.000 0.803
201503 0.370 99.900 0.427
201506 0.767 99.500 0.888
201509 0.329 100.500 0.377
201512 0.455 100.600 0.521
201603 0.651 102.200 0.734
201606 0.298 101.400 0.339
201609 0.594 102.400 0.668
201612 0.558 102.600 0.627
201703 0.823 103.200 0.919
201706 0.398 103.100 0.445
201709 0.640 104.100 0.708
201712 0.418 104.500 0.461
201803 0.459 105.300 0.502
201806 0.447 104.900 0.491
201809 0.710 106.600 0.767
201812 0.581 106.500 0.629
201903 0.601 107.700 0.643
201906 0.709 107.700 0.759
201909 0.738 109.800 0.774
201912 0.772 111.200 0.800
202003 0.466 112.300 0.478
202006 0.702 110.400 0.733
202009 1.017 111.700 1.049
202012 0.890 111.500 0.920
202103 0.652 112.662 0.667
202106 0.628 111.769 0.647
202109 0.615 112.215 0.632
202112 0.679 113.108 0.692
202203 0.608 114.335 0.613
202206 0.743 114.558 0.747
202209 0.659 115.339 0.658
202212 0.782 115.116 0.783
202303 0.581 115.116 0.582
202306 1.031 114.558 1.037
202309 1.021 115.339 1.020
202312 0.120 114.781 0.120
202403 0.719 115.227 0.719

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.


Gettop Acoustic Co  (SZSE:002655) 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.


Gettop Acoustic Co Cyclically Adjusted PS Ratio Related Terms

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


Gettop Acoustic Co (SZSE:002655) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Fengshan Road, Fangzi District, Shandong Province, Weifang, CHN
Gettop Acoustic Co Ltd is a manufacturer of electro-acoustic components and assemblies as well as a provider of complete electro-acoustic solutions. The company is mainly focusing on the manufacturing miniature microphone, micro speaker/receiver and module products. These products are widely used in mobile communication devices, portable PC, flat panel TV, personal digital device, car kits, and other consumer electronics. The company has an operational presence across Canada, United States of America, Denmark, Finland, Brazil, Japan, Germany, among others.
Executives
Zhang Diao Zhan Director
Yang Zhi Yong Supervisors
Zhang Lin Lin Director
Wang Pei Sen Supervisors
Yang Jin Jun Director
Yang Xu Guang Supervisors
Zhao Du Ren Director

Gettop Acoustic Co (SZSE:002655) Headlines

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