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Grand Baoxin Auto Group (HKSE:01293) Cyclically Adjusted PS Ratio : 0.01 (As of May. 26, 2024)


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What is Grand Baoxin Auto Group Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Grand Baoxin Auto Group's current share price is HK$0.179. Grand Baoxin Auto Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$14.63. Grand Baoxin Auto Group's Cyclically Adjusted PS Ratio for today is 0.01.

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

HKSE:01293' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.12
Current: 0.01

During the past 13 years, Grand Baoxin Auto Group's highest Cyclically Adjusted PS Ratio was 0.12. The lowest was 0.01. And the median was 0.04.

HKSE:01293's Cyclically Adjusted PS Ratio is ranked better than
99.9% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs HKSE:01293: 0.01

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.

Grand Baoxin Auto Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$12.299. 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$14.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Baoxin Auto Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grand Baoxin Auto Group'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.

Grand Baoxin Auto Group Cyclically Adjusted PS Ratio Chart

Grand Baoxin Auto Group 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 0.12 0.06 0.05 0.03 0.02

Grand Baoxin Auto Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.05 - 0.03 - 0.02

Competitive Comparison of Grand Baoxin Auto Group's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Grand Baoxin Auto Group'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.


Grand Baoxin Auto Group's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grand Baoxin Auto Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Grand Baoxin Auto Group's Cyclically Adjusted PS Ratio falls into.



Grand Baoxin Auto Group 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.

Grand Baoxin Auto Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.179/14.63
=0.01

* 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.

Grand Baoxin Auto Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Grand Baoxin Auto Group'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)
=12.299/114.7809*114.7809
=12.299

Current CPI (Dec23) = 114.7809.

Grand Baoxin Auto Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 15.053 99.000 17.452
201512 11.174 100.600 12.749
201612 11.272 102.600 12.610
201712 15.107 104.500 16.593
201812 14.729 106.500 15.874
201912 14.300 111.200 14.760
202012 14.678 111.500 15.110
202112 16.218 113.108 16.458
202212 12.475 115.116 12.439
202312 12.299 114.781 12.299

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.


Grand Baoxin Auto Group  (HKSE:01293) 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.


Grand Baoxin Auto Group Cyclically Adjusted PS Ratio Related Terms

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


Grand Baoxin Auto Group (HKSE:01293) Business Description

Traded in Other Exchanges
Address
No. 3998 Hongxin Road, Grand Baoxin Building, Minhang District, Shanghai, CHN
Grand Baoxin Auto Group Ltd is an automobile sales and service group which focuses on mid-and-high end brands as well as luxury and ultra-luxury brands. It has only one reportable segment being the Sale of Motor Vehicles and the Provision of Related Services. The company offers a full range of integrated services, providing a range of services including new car sales, after-sales maintenance, auto beauty modification, used car sales, auto insurance business, auto parts sales, and other automotive-related product sales. The company's car brand portfolio comprises of Audi, Jaguar Land Rover, Volvo, Cadillac, Chrysler, Alfa Romeo, Porsche, Rolls Royce, and others. The company operates in Mainland China.
Executives
Sun Guangxin 2201 Interest of corporation controlled by you
Xin Jiang Guang Hui Shi Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Xiang Gang You Xian Gong Si 2101 Beneficial owner
Guang Hui Qi Che Fu Wu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Ji Tuan Gu Fen Gong Si Guang Hui Qi Che Fu Wu Gu Fen Gong Si 2201 Interest of corporation controlled by you
Shang Hai Hui Yong Qi Che Xiao Shou You Xian Gong Si 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
M Asia Holding Limited 2201 Interest of corporation controlled by you
Yang Chu Yu 2307 Founder of a discretionary trust who can infl
Extensive Success Holding Limited 2201 Interest of corporation controlled by you
Yang Aihua 2307 Founder of a discretionary trust who can infl
Baoxin Investment Management Ltd. 2101 Beneficial owner

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