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BeiJing Certificate Authority Co (SZSE:300579) Cyclically Adjusted PS Ratio : 5.61 (As of Jun. 09, 2024)


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What is BeiJing Certificate Authority Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), BeiJing Certificate Authority Co's current share price is ¥17.60. BeiJing Certificate Authority Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.14. BeiJing Certificate Authority Co's Cyclically Adjusted PS Ratio for today is 5.61.

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

SZSE:300579' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.84   Med: 6.29   Max: 6.8
Current: 6.06

During the past years, BeiJing Certificate Authority Co's highest Cyclically Adjusted PS Ratio was 6.80. The lowest was 5.84. And the median was 6.29.

SZSE:300579's Cyclically Adjusted PS Ratio is ranked worse than
82.55% of 1461 companies
in the Software industry
Industry Median: 1.81 vs SZSE:300579: 6.06

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 Certificate Authority Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.661. 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 ¥3.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BeiJing Certificate Authority Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BeiJing Certificate Authority 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 Certificate Authority Co Cyclically Adjusted PS Ratio Chart

BeiJing Certificate Authority Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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BeiJing Certificate Authority 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 - - - - 6.96

Competitive Comparison of BeiJing Certificate Authority Co's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, BeiJing Certificate Authority 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 Certificate Authority Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where BeiJing Certificate Authority Co's Cyclically Adjusted PS Ratio falls into.



BeiJing Certificate Authority 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 Certificate Authority Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.60/3.14
=5.61

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

For example, BeiJing Certificate Authority 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)
=0.661/115.2271*115.2271
=0.661

Current CPI (Mar. 2024) = 115.2271.

BeiJing Certificate Authority 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 0.390 100.500 0.447
201512 0.919 100.600 1.053
201603 0.267 102.200 0.301
201606 0.482 101.400 0.548
201609 0.431 102.400 0.485
201612 1.044 102.600 1.172
201703 0.195 103.200 0.218
201706 0.504 103.100 0.563
201709 0.360 104.100 0.398
201712 0.923 104.500 1.018
201803 0.315 105.300 0.345
201806 0.454 104.900 0.499
201809 0.439 106.600 0.475
201812 1.265 106.500 1.369
201903 0.425 107.700 0.455
201906 0.526 107.700 0.563
201909 0.545 109.800 0.572
201912 1.446 111.200 1.498
202003 0.328 112.300 0.337
202006 0.414 110.400 0.432
202009 0.764 111.700 0.788
202012 1.670 111.500 1.726
202103 0.404 112.662 0.413
202106 0.705 111.769 0.727
202109 0.767 112.215 0.788
202112 1.923 113.108 1.959
202203 0.529 114.335 0.533
202206 0.674 114.558 0.678
202209 0.907 115.339 0.906
202212 1.961 115.116 1.963
202303 0.609 115.116 0.610
202306 0.812 114.558 0.817
202309 0.767 115.339 0.766
202312 1.411 114.781 1.416
202403 0.661 115.227 0.661

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 Certificate Authority Co  (SZSE:300579) 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 Certificate Authority Co Cyclically Adjusted PS Ratio Related Terms

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


BeiJing Certificate Authority Co (SZSE:300579) Business Description

Traded in Other Exchanges
N/A
Address
No. 68 North Fourth Ring Road, 15th Floor, Shuangqiao Building, Haidian District, Beijing, CHN, 100080
BeiJing Certificate Authority Co Ltd is a leading information security solution provider in China. The main business is electronic certification services, electronic certification products and manageable information security services.
Executives
Cheng Xiao Zhuo Executives
Zhang Yi Qian Executives
Zhan Bang Hua Director
Li Zhi Mei Supervisors
Wu Shun Gao Supervisors
Jiang Feng Director

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