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China Energine International holdings (HKSE:01185) Cyclically Adjusted PS Ratio : 0.15 (As of Jun. 03, 2024)


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What is China Energine International holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-03), China Energine International holdings's current share price is HK$0.04. China Energine International holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was HK$0.26. China Energine International holdings's Cyclically Adjusted PS Ratio for today is 0.15.

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

HKSE:01185' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.67   Max: 5.4
Current: 0.16

During the past 13 years, China Energine International holdings's highest Cyclically Adjusted PS Ratio was 5.40. The lowest was 0.15. And the median was 0.67.

HKSE:01185's Cyclically Adjusted PS Ratio is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 1.88 vs HKSE:01185: 0.16

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.

China Energine International holdings's adjusted revenue per share data of for the fiscal year that ended in Dec22 was HK$0.009. 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 HK$0.26 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Energine International holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Energine International holdings'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.

China Energine International holdings Cyclically Adjusted PS Ratio Chart

China Energine International holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.61 0.34 0.54 0.62

China Energine International holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.54 - 0.62 -

Competitive Comparison of China Energine International holdings's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, China Energine International holdings'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.


China Energine International holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Energine International holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Energine International holdings's Cyclically Adjusted PS Ratio falls into.



China Energine International holdings 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.

China Energine International holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.04/0.26
=0.15

* 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.

China Energine International holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, China Energine International holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.009/114.5475*114.5475
=0.009

Current CPI (Dec22) = 114.5475.

China Energine International holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.334 95.090 0.402
201412 0.679 99.707 0.780
201512 0.599 102.015 0.673
201612 0.553 103.225 0.614
201712 0.060 104.984 0.065
201812 0.014 107.622 0.015
201912 0.006 110.700 0.006
202012 0.006 109.711 0.006
202112 0.002 112.349 0.002
202212 0.009 114.548 0.009

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.


China Energine International holdings  (HKSE:01185) 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.


China Energine International holdings Cyclically Adjusted PS Ratio Related Terms

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China Energine International holdings (HKSE:01185) Business Description

Traded in Other Exchanges
Address
1 Harbour Road, Unit 2301, 23rd Floor, Convention Plaza, Office Tower, Wanchai, HKG
China Energine International holdings is active in manufacturing, distribution, and sale of electricity from the operating wind farm, elevator motors, communication products, information technology systems, broadband systems, equipment, and accessories. It also provides distributed energy renewal solutions by combining wind energy, solar energy, and energy storage. It has one reportable business segment: Operation of Wind Farm. It earns the majority of its revenue from China.

China Energine International holdings (HKSE:01185) Headlines

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