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Guangdong Yantang Dairy Co (SZSE:002732) Cyclically Adjusted PS Ratio : 1.50 (As of Jun. 10, 2024)


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What is Guangdong Yantang Dairy Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Guangdong Yantang Dairy Co's current share price is ¥15.22. Guangdong Yantang Dairy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥10.15. Guangdong Yantang Dairy Co's Cyclically Adjusted PS Ratio for today is 1.50.

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

SZSE:002732' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.5   Med: 2.01   Max: 2.43
Current: 1.5

During the past years, Guangdong Yantang Dairy Co's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 1.50. And the median was 2.01.

SZSE:002732's Cyclically Adjusted PS Ratio is ranked worse than
70.06% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs SZSE:002732: 1.50

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.

Guangdong Yantang Dairy Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.346. 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 ¥10.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Yantang Dairy Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangdong Yantang Dairy 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.

Guangdong Yantang Dairy Co Cyclically Adjusted PS Ratio Chart

Guangdong Yantang Dairy 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 - - - 2.42 1.91

Guangdong Yantang Dairy 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 2.02 2.19 2.17 1.91 1.82

Competitive Comparison of Guangdong Yantang Dairy Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Guangdong Yantang Dairy 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.


Guangdong Yantang Dairy Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangdong Yantang Dairy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Yantang Dairy Co's Cyclically Adjusted PS Ratio falls into.



Guangdong Yantang Dairy 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.

Guangdong Yantang Dairy Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.22/10.15
=1.50

* 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.

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

For example, Guangdong Yantang Dairy 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)
=2.346/115.2271*115.2271
=2.346

Current CPI (Mar. 2024) = 115.2271.

Guangdong Yantang Dairy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.291 98.200 2.688
201409 2.179 98.900 2.539
201412 1.951 99.000 2.271
201503 1.187 99.900 1.369
201506 1.750 99.500 2.027
201509 1.816 100.500 2.082
201512 1.801 100.600 2.063
201603 1.238 102.200 1.396
201606 1.902 101.400 2.161
201609 1.976 102.400 2.224
201612 1.806 102.600 2.028
201703 1.575 103.200 1.759
201706 2.024 103.100 2.262
201709 2.157 104.100 2.388
201712 2.127 104.500 2.345
201803 1.632 105.300 1.786
201806 2.289 104.900 2.514
201809 2.199 106.600 2.377
201812 2.189 106.500 2.368
201903 1.800 107.700 1.926
201906 2.602 107.700 2.784
201909 2.493 109.800 2.616
201912 2.470 111.200 2.559
202003 3.025 112.300 3.104
202006 1.923 110.400 2.007
202009 3.135 111.700 3.234
202012 2.890 111.500 2.987
202103 2.569 112.662 2.628
202106 3.441 111.769 3.547
202109 3.461 112.215 3.554
202112 3.096 113.108 3.154
202203 2.517 114.335 2.537
202206 3.229 114.558 3.248
202209 3.128 115.339 3.125
202212 2.996 115.116 2.999
202303 2.725 115.116 2.728
202306 3.340 114.558 3.360
202309 3.360 115.339 3.357
202312 3.005 114.781 3.017
202403 2.346 115.227 2.346

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.


Guangdong Yantang Dairy Co  (SZSE:002732) 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.


Guangdong Yantang Dairy Co Cyclically Adjusted PS Ratio Related Terms

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


Guangdong Yantang Dairy Co (SZSE:002732) Business Description

Traded in Other Exchanges
N/A
Address
Shahe Yantang, Tianhe District, Guangzhou, CHN, 510507
Guangdong Yantang Dairy Co Ltd is a dairy producer. The company along with its subsidiaries covers forage planting, dairy farming, food research and development, logistics, transportation, marketing, e-commerce and other fields.
Executives
Wu Cheng Yun Executives
Xie Li Min Director
Li Chun Feng Directors, executives
Feng Li Ke Directors, executives
Huang Xuan Director
Yu Bao Ning Executives
Liu Shi Kun Executives
Xie Yong Director
Wu Shu Rong Directors, executives
Chen Chen Supervisors

Guangdong Yantang Dairy Co (SZSE:002732) Headlines

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