GURUFOCUS.COM » STOCK LIST » Technology » Software » Brilliance Technology Co Ltd (SZSE:300542) » Definitions » Cyclically Adjusted PS Ratio

Brilliance Technology Co (SZSE:300542) Cyclically Adjusted PS Ratio : 3.54 (As of Jun. 09, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Brilliance Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Brilliance Technology Co's current share price is ¥13.06. Brilliance Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.69. Brilliance Technology Co's Cyclically Adjusted PS Ratio for today is 3.54.

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

SZSE:300542' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.96   Med: 3.54   Max: 4.88
Current: 3.54

During the past years, Brilliance Technology Co's highest Cyclically Adjusted PS Ratio was 4.88. The lowest was 2.96. And the median was 3.54.

SZSE:300542's Cyclically Adjusted PS Ratio is ranked worse than
67.62% of 1461 companies
in the Software industry
Industry Median: 1.81 vs SZSE:300542: 3.54

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.

Brilliance Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.580. 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 ¥3.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brilliance Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brilliance 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.

Brilliance Technology Co Cyclically Adjusted PS Ratio Chart

Brilliance 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 - - - - -

Brilliance 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 - - - - 3.46

Competitive Comparison of Brilliance Technology Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Brilliance 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.


Brilliance Technology Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Brilliance 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.

Brilliance Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.06/3.69
=3.54

* 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.

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

For example, Brilliance 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)
=0.58/115.2271*115.2271
=0.580

Current CPI (Mar. 2024) = 115.2271.

Brilliance Technology 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 0.367 100.500 0.421
201512 0.633 100.600 0.725
201603 0.418 102.200 0.471
201606 0.402 101.400 0.457
201609 0.381 102.400 0.429
201612 0.547 102.600 0.614
201703 0.270 103.200 0.301
201706 0.579 103.100 0.647
201709 0.435 104.100 0.481
201712 0.691 104.500 0.762
201803 0.318 105.300 0.348
201806 0.320 104.900 0.352
201809 0.748 106.600 0.809
201812 1.112 106.500 1.203
201903 0.797 107.700 0.853
201906 0.953 107.700 1.020
201909 0.521 109.800 0.547
201912 1.338 111.200 1.386
202003 0.362 112.300 0.371
202006 0.890 110.400 0.929
202009 2.137 111.700 2.204
202012 1.181 111.500 1.220
202103 0.470 112.662 0.481
202106 0.929 111.769 0.958
202109 0.792 112.215 0.813
202112 1.165 113.108 1.187
202203 0.747 114.335 0.753
202206 0.950 114.558 0.956
202209 0.882 115.339 0.881
202212 2.400 115.116 2.402
202303 0.514 115.116 0.514
202306 1.442 114.558 1.450
202309 1.061 115.339 1.060
202312 3.661 114.781 3.675
202403 0.580 115.227 0.580

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.


Brilliance Technology Co  (SZSE:300542) 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.


Brilliance Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Brilliance Technology Co (SZSE:300542) Business Description

Traded in Other Exchanges
N/A
Address
Landianchang East Road, Haidian District, 8/F,Tower B2, Golden Resource & Times Business Center No 2, Beijing, CHN, 100097
Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions; and IT services.
Executives
Kang Lu Director
Yu Ke Jian Directors, executives
Tang Ruo Mei Supervisors
Zhang Yan Sheng Directors, executives
Yang Han Jie Director
Zhang Da Xin Directors, executives
Li Fu Hua Director
Ding Fei Securities Affairs Representative

Brilliance Technology Co (SZSE:300542) Headlines

No Headlines