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Sino Prima Gas Technology Co (SZSE:300483) Cyclically Adjusted PS Ratio : 1.45 (As of Jun. 07, 2024)


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What is Sino Prima Gas Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Sino Prima Gas Technology Co's current share price is ¥7.99. Sino Prima Gas Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.51. Sino Prima Gas Technology Co's Cyclically Adjusted PS Ratio for today is 1.45.

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

SZSE:300483' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.33   Max: 3.05
Current: 1.55

During the past years, Sino Prima Gas Technology Co's highest Cyclically Adjusted PS Ratio was 3.05. The lowest was 1.37. And the median was 2.33.

SZSE:300483's Cyclically Adjusted PS Ratio is ranked worse than
72.06% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs SZSE:300483: 1.55

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.

Sino Prima Gas Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.004. 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 ¥5.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Prima Gas Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sino Prima Gas 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.

Sino Prima Gas Technology Co Cyclically Adjusted PS Ratio Chart

Sino Prima Gas 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 - - - 2.28 2.14

Sino Prima Gas 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 2.28 2.22 2.46 2.14 1.62

Competitive Comparison of Sino Prima Gas Technology Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Sino Prima Gas 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.


Sino Prima Gas Technology Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sino Prima Gas Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sino Prima Gas Technology Co's Cyclically Adjusted PS Ratio falls into.



Sino Prima Gas 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.

Sino Prima Gas Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.99/5.51
=1.45

* 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.

Sino Prima Gas Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sino Prima Gas 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)
=1.004/115.2271*115.2271
=1.004

Current CPI (Mar. 2024) = 115.2271.

Sino Prima Gas Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.137 98.200 1.334
201409 0.662 98.900 0.771
201412 1.577 99.000 1.835
201503 1.419 99.900 1.637
201506 0.891 99.500 1.032
201509 0.579 100.500 0.664
201512 1.166 100.600 1.336
201603 1.011 102.200 1.140
201606 0.474 101.400 0.539
201609 0.542 102.400 0.610
201612 1.016 102.600 1.141
201703 1.116 103.200 1.246
201706 0.644 103.100 0.720
201709 0.454 104.100 0.503
201712 1.026 104.500 1.131
201803 0.764 105.300 0.836
201806 0.503 104.900 0.553
201809 0.412 106.600 0.445
201812 1.499 106.500 1.622
201903 2.217 107.700 2.372
201906 1.890 107.700 2.022
201909 1.752 109.800 1.839
201912 2.448 111.200 2.537
202003 0.745 112.300 0.764
202006 1.517 110.400 1.583
202009 1.562 111.700 1.611
202012 2.526 111.500 2.610
202103 1.760 112.662 1.800
202106 1.563 111.769 1.611
202109 1.437 112.215 1.476
202112 2.034 113.108 2.072
202203 1.856 114.335 1.870
202206 2.099 114.558 2.111
202209 1.649 115.339 1.647
202212 1.999 115.116 2.001
202303 1.383 115.116 1.384
202306 1.263 114.558 1.270
202309 1.148 115.339 1.147
202312 1.249 114.781 1.254
202403 1.004 115.227 1.004

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.


Sino Prima Gas Technology Co  (SZSE:300483) 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.


Sino Prima Gas Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Sino Prima Gas Technology Co (SZSE:300483) Business Description

Traded in Other Exchanges
N/A
Address
No.5000, Yuanjiang Road, Minhang District, Shanghai, CHN, 201108
Sino Prima Gas Technology Co Ltd formerly Shanghai Worth Garden Co Ltd is a service provider that focuses on the development, production, and sales of gardening products, engineering construction, and greening maintenance. Its products cover all aspects of horticultural life, including thousands of varieties and specifications, and a relatively complete horticultural product system. It offers garden hand tools, such as cutting tools, garden power tools, including lawn mowers, grass and hedge trimmers, and batteries and chargers, and garden watering products.
Executives
Wu Jun Liang Directors, executives

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