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Xinte Energy Co (HKSE:01799) Cyclically Adjusted PS Ratio : 0.54 (As of May. 14, 2024)


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What is Xinte Energy Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Xinte Energy Co's current share price is HK$9.03. Xinte Energy Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$16.65. Xinte Energy Co's Cyclically Adjusted PS Ratio for today is 0.54.

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

HKSE:01799' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.58   Max: 0.68
Current: 0.55

During the past 10 years, Xinte Energy Co's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.51. And the median was 0.58.

HKSE:01799's Cyclically Adjusted PS Ratio is ranked better than
85.96% of 684 companies
in the Semiconductors industry
Industry Median: 2.275 vs HKSE:01799: 0.55

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.

Xinte Energy Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$23.522. 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$16.65 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinte Energy Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Xinte Energy 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.

Xinte Energy Co Cyclically Adjusted PS Ratio Chart

Xinte Energy 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 - - - - 0.66

Xinte Energy Co Semi-Annual Data
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 - - - - 0.66

Competitive Comparison of Xinte Energy Co's Cyclically Adjusted PS Ratio

For the Solar subindustry, Xinte Energy 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.


Xinte Energy Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinte Energy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Xinte Energy 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.

Xinte Energy Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.03/16.65
=0.54

* 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.

Xinte Energy Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Xinte Energy 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)
=23.522/114.6694*114.6694
=23.522

Current CPI (Dec23) = 114.6694.

Xinte Energy Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.056 99.000 10.489
201512 14.089 100.600 16.059
201612 12.891 102.600 14.407
201712 12.951 104.500 14.211
201812 13.103 106.500 14.108
201912 8.266 111.200 8.524
202012 14.010 111.500 14.408
202112 21.841 113.108 22.143
202212 28.762 115.116 28.651
202312 23.522 114.669 23.522

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.


Xinte Energy Co  (HKSE:01799) 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.


Xinte Energy Co Cyclically Adjusted PS Ratio Related Terms

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


Xinte Energy Co (HKSE:01799) Business Description

Traded in Other Exchanges
Address
No. 2249, Zhongxin Street, Ganquanpu Economic and Technological Development Zone, Xinjiang, Urumqi, CHN
Xinte Energy Co Ltd is engaged in the manufacturing of solar-grade polysilicon and photovoltaic project developers. It operates in four segments: Polysilicon, Construction of wind power & PV power plants, Operation of wind power & PV power plants, and Others. Other segments mainly comprise businesses including manufacturing and sales of the inverter, flexible direct current transmission converter valve, SVG, and other miscellaneous services. Business activity functions in the region of China.

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