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Goody Science and Technology Co (SZSE:002694) Cyclically Adjusted PS Ratio : 1.27 (As of Jun. 09, 2024)


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What is Goody Science and Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Goody Science and Technology Co's current share price is ¥3.92. Goody Science and Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.09. Goody Science and Technology Co's Cyclically Adjusted PS Ratio for today is 1.27.

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

SZSE:002694' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.31   Max: 2.34
Current: 1.34

During the past years, Goody Science and Technology Co's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.48. And the median was 1.31.

SZSE:002694's Cyclically Adjusted PS Ratio is ranked worse than
67.66% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs SZSE:002694: 1.34

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.

Goody Science and Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.204. 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 ¥3.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goody Science and Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Goody Science and Technology 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.

Goody Science and Technology Co Cyclically Adjusted PS Ratio Chart

Goody Science and Technology 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 - 0.63 1.13 1.26 1.92

Goody Science and Technology 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 1.36 1.82 2.14 1.92 1.65

Competitive Comparison of Goody Science and Technology Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Goody Science and Technology 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.


Goody Science and Technology Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goody Science and Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Goody Science and Technology Co's Cyclically Adjusted PS Ratio falls into.



Goody Science and Technology 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.

Goody Science and Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.92/3.09
=1.27

* 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.

Goody Science and Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Goody Science and Technology 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)
=0.204/115.2271*115.2271
=0.204

Current CPI (Mar. 2024) = 115.2271.

Goody Science and Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.683 98.200 0.801
201409 0.914 98.900 1.065
201412 0.765 99.000 0.890
201503 1.309 99.900 1.510
201506 0.673 99.500 0.779
201509 1.131 100.500 1.297
201512 0.620 100.600 0.710
201603 0.461 102.200 0.520
201606 0.893 101.400 1.015
201609 1.428 102.400 1.607
201612 1.214 102.600 1.363
201703 0.833 103.200 0.930
201706 0.543 103.100 0.607
201709 0.951 104.100 1.053
201712 1.120 104.500 1.235
201803 0.555 105.300 0.607
201806 0.944 104.900 1.037
201809 0.751 106.600 0.812
201812 0.675 106.500 0.730
201903 0.504 107.700 0.539
201906 0.709 107.700 0.759
201909 0.824 109.800 0.865
201912 0.920 111.200 0.953
202003 0.247 112.300 0.253
202006 0.894 110.400 0.933
202009 0.666 111.700 0.687
202012 0.820 111.500 0.847
202103 0.560 112.662 0.573
202106 0.763 111.769 0.787
202109 0.646 112.215 0.663
202112 0.714 113.108 0.727
202203 0.398 114.335 0.401
202206 0.608 114.558 0.612
202209 0.501 115.339 0.501
202212 0.411 115.116 0.411
202303 0.328 115.116 0.328
202306 0.501 114.558 0.504
202309 0.439 115.339 0.439
202312 0.369 114.781 0.370
202403 0.204 115.227 0.204

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.


Goody Science and Technology Co  (SZSE:002694) 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.


Goody Science and Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Goody Science and Technology Co (SZSE:002694) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Wuchu Avenue, Ezhou Economic Development Zone, Hubei Province, Ezhou, CHN, 436000
Goody Science and Technology Co Ltd is engaged in manufacturing plastic pipes. The company offers products including fire hose, drain pipes, water pipes and farm tubes.
Executives
Zhang Zhen Guo Director
Zhang Wen Fang Executives
Xu Hui Li Supervisors
Fu Zhi Min Directors, executives
Wang Han Hua Executives
Wang Hong Lin Directors, executives
Zhao Xia Supervisors
Lin Chang Hua Directors, executives
Shen Peng Directors, executives
Lin Chao Qun Director
Sun Zhi Jun Executives

Goody Science and Technology Co (SZSE:002694) Headlines

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