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Sichuan Dawn Precision Technology Co (SZSE:300780) Cyclically Adjusted PS Ratio : 2.51 (As of Jun. 12, 2024)


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What is Sichuan Dawn Precision Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Sichuan Dawn Precision Technology Co's current share price is ¥13.38. Sichuan Dawn Precision Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥5.34. Sichuan Dawn Precision Technology Co's Cyclically Adjusted PS Ratio for today is 2.51.

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

SZSE:300780' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.11   Med: 2.6   Max: 4.13
Current: 2.39

During the past 11 years, Sichuan Dawn Precision Technology Co's highest Cyclically Adjusted PS Ratio was 4.13. The lowest was 2.11. And the median was 2.60.

SZSE:300780's Cyclically Adjusted PS Ratio is ranked worse than
67.85% of 2199 companies
in the Industrial Products industry
Industry Median: 1.41 vs SZSE:300780: 2.39

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.

Sichuan Dawn Precision Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥3.682. 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 ¥5.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Dawn Precision Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sichuan Dawn Precision 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.

Sichuan Dawn Precision Technology Co Cyclically Adjusted PS Ratio Chart

Sichuan Dawn Precision 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 - - - 2.20 3.71

Sichuan Dawn Precision 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 - - - 3.71 -

Competitive Comparison of Sichuan Dawn Precision Technology Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Sichuan Dawn Precision 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.


Sichuan Dawn Precision Technology Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Dawn Precision Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sichuan Dawn Precision 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.

Sichuan Dawn Precision Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.38/5.34
=2.51

* 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.

Sichuan Dawn Precision Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sichuan Dawn Precision Technology Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.682/114.7809*114.7809
=3.682

Current CPI (Dec23) = 114.7809.

Sichuan Dawn Precision Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 12.694 99.000 14.717
201512 4.822 100.600 5.502
201612 3.661 102.600 4.096
201712 4.132 104.500 4.539
201812 4.854 106.500 5.231
201912 3.669 111.200 3.787
202012 3.077 111.500 3.168
202112 3.920 113.108 3.978
202212 4.748 115.116 4.734
202312 3.682 114.781 3.682

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.


Sichuan Dawn Precision Technology Co  (SZSE:300780) 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.


Sichuan Dawn Precision Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Sichuan Dawn Precision Technology Co (SZSE:300780) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Zhuyi Avenue, Qingshen County, Sichuan Province, Meishan, CHN, 620460
Sichuan Dawn Precision Technology Co Ltd is engaged in the production of casting forging, machining, heat treatment, assembly and packaging. It offers large-scale application of industrial robots, intelligent equipment, intelligent transportation, intelligent warehouse Key technologies of intelligent manufacturing such as information technology, digital technology, equipment data acquisition, large-scale customized production, export of European standard, American standard, Japanese standard, national standard pulley, gear, sprocket, timing belt pulley, coupling, cone Standard mechanical transmission parts such as sleeves, expansion sleeves, geared motors, industrial belts, as well as complete sets of equipment and related parts and components.
Executives
Lei Yong Qiang Director
Li Xi Yun Executives
Xie Long De Directors, executives
Lei Yu Fei Director
Gou Xia Hong Supervisors
Lei Yong Zhi Directors, executives
Wang Fu Min Director

Sichuan Dawn Precision Technology Co (SZSE:300780) Headlines

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