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Southgobi Resources (HKSE:01878) Cyclically Adjusted PS Ratio : 1.25 (As of Jun. 02, 2024)


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What is Southgobi Resources Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Southgobi Resources's current share price is HK$4.10. Southgobi Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$3.27. Southgobi Resources's Cyclically Adjusted PS Ratio for today is 1.25.

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

HKSE:01878' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.5   Max: 3.17
Current: 1.26

During the past years, Southgobi Resources's highest Cyclically Adjusted PS Ratio was 3.17. The lowest was 0.14. And the median was 0.50.

HKSE:01878's Cyclically Adjusted PS Ratio is ranked worse than
58.72% of 109 companies
in the Other Energy Sources industry
Industry Median: 1.1 vs HKSE:01878: 1.26

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.

Southgobi Resources's adjusted revenue per share data for the three months ended in Mar. 2024 was HK$2.160. 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$3.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southgobi Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Southgobi Resources'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.

Southgobi Resources Cyclically Adjusted PS Ratio Chart

Southgobi Resources 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 0.26 0.16 0.50 0.42 0.82

Southgobi Resources 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 0.41 0.28 0.25 0.82 1.47

Competitive Comparison of Southgobi Resources's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Southgobi Resources'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.


Southgobi Resources's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Southgobi Resources 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.

Southgobi Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.10/3.27
=1.25

* 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.

Southgobi Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Southgobi Resources'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)
=2.16/117.7354*117.7354
=2.160

Current CPI (Mar. 2024) = 117.7354.

Southgobi Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.269 96.409 0.329
201409 0.318 97.948 0.382
201412 0.203 99.707 0.240
201503 0.058 99.927 0.068
201506 0.098 99.267 0.116
201509 0.272 99.927 0.320
201512 0.092 102.015 0.106
201603 0.383 102.785 0.439
201606 0.312 101.686 0.361
201609 0.493 102.565 0.566
201612 0.572 103.225 0.652
201703 0.724 103.335 0.825
201706 0.992 103.664 1.127
201709 0.555 103.994 0.628
201712 1.197 104.984 1.342
201803 0.703 105.973 0.781
201806 0.555 106.193 0.615
201809 0.755 106.852 0.832
201812 0.970 107.622 1.061
201903 1.060 108.172 1.154
201906 0.932 109.601 1.001
201909 0.813 110.260 0.868
201912 0.919 110.700 0.977
202003 0.175 110.920 0.186
202006 0.426 110.590 0.454
202009 0.880 107.512 0.964
202012 0.963 109.711 1.033
202103 0.726 111.579 0.766
202106 0.147 111.360 0.155
202109 0.264 109.051 0.285
202112 0.024 112.349 0.025
202203 0.000 113.558 0.000
202206 0.166 113.448 0.172
202209 1.053 113.778 1.090
202212 0.837 114.548 0.860
202303 1.641 115.427 1.674
202306 2.209 115.647 2.249
202309 2.598 116.087 2.635
202312 2.327 117.296 2.336
202403 2.160 117.735 2.160

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.


Southgobi Resources  (HKSE:01878) 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.


Southgobi Resources Cyclically Adjusted PS Ratio Related Terms

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


Southgobi Resources (HKSE:01878) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1150, Vancouver, BC, CAN, V6C 2G8
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
Executives
Meng Fa Neng Yuan Kong Gu Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Gao Zhu 2201 Interest of corporation controlled by you
Land Grand International Holding Limited 2101 Beneficial owner
Inner Mongolia Tianyu Trading Limited 2201 Interest of corporation controlled by you
Jd Dingxing Limited 2201 Interest of corporation controlled by you
Jd Zhixing Fund L.p. 2101 Beneficial owner
Zhu Chonglin 2201 Interest of corporation controlled by you
An Yong 2201 Interest of corporation controlled by you
Inner Mongolia Yuxinsheng Technology Co., Ltd. 2201 Interest of corporation controlled by you
Inner Mongolia Tianyu Innovation Investment Group Co., Ltd. 2201 Interest of corporation controlled by you
Li Gang 2201 Interest of corporation controlled by you
Wei Hong Guo Ji Neng Yuan Ke Ji Bei Jing You Xian Gong Si 2201 Interest of corporation controlled by you
Nei Meng Gu Wei Hong Neng Yuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited 2101 Beneficial owner

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