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Tuniu (TOUR) Cyclically Adjusted PS Ratio : 0.20 (As of May. 27, 2024)


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What is Tuniu Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Tuniu's current share price is $1.09. Tuniu's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.37. Tuniu's Cyclically Adjusted PS Ratio for today is 0.20.

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

TOUR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.2   Max: 0.42
Current: 0.2

During the past years, Tuniu's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.10. And the median was 0.20.

TOUR's Cyclically Adjusted PS Ratio is ranked better than
92.64% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs TOUR: 0.20

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.

Tuniu's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.113. 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 $5.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tuniu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tuniu'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.

Tuniu Cyclically Adjusted PS Ratio Chart

Tuniu 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 - - - 0.25 0.12

Tuniu Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.32 0.29 0.22 0.12

Competitive Comparison of Tuniu's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Tuniu'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.


Tuniu's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tuniu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tuniu 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.

Tuniu's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.09/5.37
=0.20

* 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.

Tuniu's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tuniu's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.113/114.7809*114.7809
=0.113

Current CPI (Dec. 2023) = 114.7809.

Tuniu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.929 98.600 2.246
201406 3.622 98.200 4.234
201409 4.295 98.900 4.985
201412 0.996 99.000 1.155
201503 3.181 99.900 3.655
201506 3.182 99.500 3.671
201509 4.913 100.500 5.611
201512 3.077 100.600 3.511
201603 2.669 102.200 2.998
201606 2.931 101.400 3.318
201609 4.841 102.400 5.426
201612 2.236 102.600 2.501
201703 0.525 103.200 0.584
201706 0.542 103.100 0.603
201709 0.989 104.100 1.090
201712 0.551 104.500 0.605
201803 0.587 105.300 0.640
201806 0.639 104.900 0.699
201809 0.880 106.600 0.948
201812 0.554 106.500 0.597
201903 0.553 107.700 0.589
201906 0.613 107.700 0.653
201909 0.973 109.800 1.017
201912 0.522 111.200 0.539
202003 0.201 112.300 0.205
202006 0.039 110.400 0.041
202009 0.147 111.700 0.151
202012 0.147 111.500 0.151
202103 0.096 112.662 0.098
202106 0.203 111.769 0.208
202109 0.144 112.215 0.147
202112 0.093 113.108 0.094
202203 0.053 114.335 0.053
202206 0.045 114.558 0.045
202209 0.090 115.339 0.090
202212 0.032 115.116 0.032
202303 0.074 115.116 0.074
202306 0.113 114.558 0.113
202309 0.196 115.339 0.195
202312 0.113 114.781 0.113

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.


Tuniu  (NAS:TOUR) 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.


Tuniu Cyclically Adjusted PS Ratio Related Terms

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


Tuniu (TOUR) Business Description

Traded in Other Exchanges
Address
Tuniu Building, No. 32 Suningdadao, Xuanwu District, Jiangsu Province, Nanjing, CHN, 210042
Tuniu Corp is an online leisure travel company. The company is engaged in the provision of travel-related services in the People's Republic of China. It offers a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. The company's organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. All the company's revenues are derived from within the People's Republic of China.