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Beijing E-techstar Co (SZSE:300513) Cyclically Adjusted PS Ratio : 2.41 (As of May. 27, 2024)


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What is Beijing E-techstar Co Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Beijing E-techstar Co's current share price is ¥10.13. Beijing E-techstar Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.20. Beijing E-techstar Co's Cyclically Adjusted PS Ratio for today is 2.41.

The historical rank and industry rank for Beijing E-techstar Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300513' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.11   Max: 2.35
Current: 2.01

During the past years, Beijing E-techstar Co's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 2.01. And the median was 2.11.

SZSE:300513's Cyclically Adjusted PS Ratio is ranked worse than
52.87% of 1445 companies
in the Software industry
Industry Median: 1.85 vs SZSE:300513: 2.01

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.

Beijing E-techstar Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.357. 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 ¥4.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing E-techstar Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing E-techstar 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.

Beijing E-techstar Co Cyclically Adjusted PS Ratio Chart

Beijing E-techstar Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Beijing E-techstar 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 - - - - 2.39

Competitive Comparison of Beijing E-techstar Co's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Beijing E-techstar 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.


Beijing E-techstar Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Beijing E-techstar Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Beijing E-techstar Co's Cyclically Adjusted PS Ratio falls into.



Beijing E-techstar 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.

Beijing E-techstar Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.13/4.2
=2.41

* 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.

Beijing E-techstar Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Beijing E-techstar 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)
=0.357/115.2271*115.2271
=0.357

Current CPI (Mar. 2024) = 115.2271.

Beijing E-techstar Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.162 100.500 0.186
201512 1.525 100.600 1.747
201603 0.130 102.200 0.147
201606 0.289 101.400 0.328
201609 0.251 102.400 0.282
201612 1.294 102.600 1.453
201703 0.091 103.200 0.102
201706 0.580 103.100 0.648
201709 0.324 104.100 0.359
201712 1.476 104.500 1.628
201803 0.191 105.300 0.209
201806 0.965 104.900 1.060
201809 1.577 106.600 1.705
201812 3.222 106.500 3.486
201903 0.897 107.700 0.960
201906 1.619 107.700 1.732
201909 0.953 109.800 1.000
201912 2.301 111.200 2.384
202003 0.229 112.300 0.235
202006 0.830 110.400 0.866
202009 0.947 111.700 0.977
202012 2.508 111.500 2.592
202103 0.315 112.662 0.322
202106 0.944 111.769 0.973
202109 0.898 112.215 0.922
202112 1.749 113.108 1.782
202203 0.398 114.335 0.401
202206 0.967 114.558 0.973
202209 1.233 115.339 1.232
202212 1.423 115.116 1.424
202303 0.572 115.116 0.573
202306 1.333 114.558 1.341
202309 1.124 115.339 1.123
202312 1.263 114.781 1.268
202403 0.357 115.227 0.357

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.


Beijing E-techstar Co  (SZSE:300513) 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.


Beijing E-techstar Co Cyclically Adjusted PS Ratio Related Terms

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Beijing E-techstar Co (SZSE:300513) Business Description

Traded in Other Exchanges
N/A
Address
66 Zhongguancun East Road, Haidian District, Century Electronics Building C Block 15 Floor, Beijing, CHN, 100190
Beijing E-techstar Co Ltd engages in the provision of information technology services to power grid enterprises. It focuses on the power industry, system control, monitoring, information technology, product development, and system integration.
Executives
Zhang Xiao Hong Director
Qian Su Jin Directors, executives
Jiang Ri Min Directors, executives
Zhou Wei Director
Liang Qiu Fan Supervisors
Jing Zhi Jun Executives
Li Xue Ning Directors, executives
Li Yan Directors, Directors, and Executives
Ding Yong Executives
Zhu Qin Hua Executives
Shen Lian Song Executives
Qi Dong Jie Supervisors

Beijing E-techstar Co (SZSE:300513) Headlines

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