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Jintai Energy Holdings (HKSE:02728) Cyclically Adjusted PS Ratio : 0.01 (As of Jun. 11, 2024)


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What is Jintai Energy Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Jintai Energy Holdings's current share price is HK$0.022. Jintai Energy Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$1.51. Jintai Energy Holdings's Cyclically Adjusted PS Ratio for today is 0.01.

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

HKSE:02728' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.16   Max: 1.8
Current: 0.01

During the past 13 years, Jintai Energy Holdings's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.01. And the median was 0.16.

HKSE:02728's Cyclically Adjusted PS Ratio is ranked better than
99.87% of 759 companies
in the Oil & Gas industry
Industry Median: 0.88 vs HKSE:02728: 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.

Jintai Energy Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.294. 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$1.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jintai Energy Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jintai Energy 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.

Jintai Energy Holdings Cyclically Adjusted PS Ratio Chart

Jintai Energy Holdings 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 0.15 0.11 0.08 0.07 0.02

Jintai Energy Holdings 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 0.08 - 0.07 - 0.02

Competitive Comparison of Jintai Energy Holdings's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Jintai Energy 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.


Jintai Energy Holdings's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jintai Energy Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jintai Energy 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.

Jintai Energy Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.022/1.51
=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.

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

For example, Jintai Energy Holdings'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)
=0.294/114.7809*114.7809
=0.294

Current CPI (Dec23) = 114.7809.

Jintai Energy Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.214 99.000 0.248
201512 1.618 100.600 1.846
201612 1.912 102.600 2.139
201712 3.070 104.500 3.372
201812 0.597 106.500 0.643
201912 0.910 111.200 0.939
202012 3.046 111.500 3.136
202112 2.430 113.108 2.466
202212 0.034 115.116 0.034
202312 0.294 114.781 0.294

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.


Jintai Energy Holdings  (HKSE:02728) 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.


Jintai Energy Holdings Cyclically Adjusted PS Ratio Related Terms

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


Jintai Energy Holdings (HKSE:02728) Business Description

Traded in Other Exchanges
N/A
Address
No. 111 Liyi Road, Golden Phoenix Building, Lijin County, Shandong Province, Dongying, CHN
Jintai Energy Holdings Ltd is engaged in the manufacturing and trading business. The segments of the group are Energy business, Drilling services, Speaker business, Operation of digital energy trading parks, Transportation services, Services business of customs declaration and Electronic products. It derives prime revenue from the Energy business which involves mainly the trading of fuel oil and kerosene. The group generates key revenue from the PRC.
Executives
Chen Jinle
Cui Xianguo 2201 Interest of corporation controlled by you
Super Wise International Investment Limited 2101 Beneficial owner
Qilu International Funds Spc (acting For And On Behalf Of Zhongtai Dingfeng Classified Fund Sp) 2106 Person having a security interest in shares
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Zhongtai International Asset Management Limited 2102 Investment manager
Hong Kong Moral Co-operation Investment Limited 2101 Beneficial owner
Niu Guangchang 2201 Interest of corporation controlled by you
Winwin International Strategic Investment Funds Spc 2106 Person having a security interest in shares
Zhongtai Innovation Capital Management Limited 2102 Investment manager
Lin Ai Hua 2202 Interest of your spouse
Lin Cai Huo 2101 Beneficial owner
Oriental Gold Honour Joy International Holdings Limited 2101 Beneficial owner

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