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Ganfeng Lithium Group Co (Ganfeng Lithium Group Co) Cyclically Adjusted PS Ratio : 5.05 (As of Jun. 06, 2024)


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What is Ganfeng Lithium Group Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Ganfeng Lithium Group Co's current share price is $2.725. Ganfeng Lithium Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.54. Ganfeng Lithium Group Co's Cyclically Adjusted PS Ratio for today is 5.05.

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

GNENF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.16   Med: 19.53   Max: 71.56
Current: 5.18

During the past years, Ganfeng Lithium Group Co's highest Cyclically Adjusted PS Ratio was 71.56. The lowest was 5.16. And the median was 19.53.

GNENF's Cyclically Adjusted PS Ratio is ranked worse than
88.76% of 1210 companies
in the Chemicals industry
Industry Median: 1.22 vs GNENF: 5.18

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.

Ganfeng Lithium Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.352. 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 $0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ganfeng Lithium Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ganfeng Lithium Group 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.

Ganfeng Lithium Group Co Cyclically Adjusted PS Ratio Chart

Ganfeng Lithium Group 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 16.28 40.17 42.85 15.63 6.97

Ganfeng Lithium Group 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 13.47 11.38 7.78 6.97 5.68

Competitive Comparison of Ganfeng Lithium Group Co's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Ganfeng Lithium Group 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.


Ganfeng Lithium Group Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ganfeng Lithium Group Co's Cyclically Adjusted PS Ratio falls into.



Ganfeng Lithium Group 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.

Ganfeng Lithium Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.725/0.54
=5.05

* 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.

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

For example, Ganfeng Lithium Group 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)
=0.352/117.7354*117.7354
=0.352

Current CPI (Mar. 2024) = 117.7354.

Ganfeng Lithium Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.025 96.409 0.031
201409 0.025 97.948 0.030
201412 0.025 99.707 0.030
201503 0.025 99.927 0.029
201506 0.031 99.267 0.037
201509 0.036 99.927 0.042
201512 0.043 102.015 0.050
201603 0.063 102.785 0.072
201606 0.067 101.686 0.078
201609 0.065 102.565 0.075
201612 0.079 103.225 0.090
201703 0.057 103.335 0.065
201706 0.094 103.664 0.107
201709 0.120 103.994 0.136
201712 0.151 104.984 0.169
201803 0.105 105.973 0.117
201806 0.133 106.193 0.147
201809 0.117 106.852 0.129
201812 0.127 107.622 0.139
201903 0.123 108.172 0.134
201906 0.109 109.601 0.117
201909 0.125 110.260 0.133
201912 0.099 110.700 0.105
202003 0.142 110.920 0.151
202006 0.072 110.590 0.077
202009 0.118 107.512 0.129
202012 0.146 109.711 0.157
202103 0.133 111.579 0.140
202106 0.109 111.360 0.115
202109 0.331 109.051 0.357
202112 0.328 112.349 0.344
202203 0.420 113.558 0.435
202206 0.673 113.448 0.698
202209 0.926 113.778 0.958
202212 1.010 114.548 1.038
202303 0.680 115.427 0.694
202306 0.602 115.647 0.613
202309 0.512 116.087 0.519
202312 0.512 117.296 0.514
202403 0.352 117.735 0.352

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.


Ganfeng Lithium Group Co  (OTCPK:GNENF) 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.


Ganfeng Lithium Group Co Cyclically Adjusted PS Ratio Related Terms

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Ganfeng Lithium Group Co (Ganfeng Lithium Group Co) Business Description

Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

Ganfeng Lithium Group Co (Ganfeng Lithium Group Co) Headlines

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