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BTG Hotels (Group) Co (SHSE:600258) Cyclically Adjusted PS Ratio : 1.57 (As of May. 17, 2024)


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What is BTG Hotels (Group) Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), BTG Hotels (Group) Co's current share price is ¥15.03. BTG Hotels (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥9.60. BTG Hotels (Group) Co's Cyclically Adjusted PS Ratio for today is 1.57.

The historical rank and industry rank for BTG Hotels (Group) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600258' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.5   Max: 2.45
Current: 1.56

During the past years, BTG Hotels (Group) Co's highest Cyclically Adjusted PS Ratio was 2.45. The lowest was 0.98. And the median was 1.50.

SHSE:600258's Cyclically Adjusted PS Ratio is ranked worse than
52.43% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs SHSE:600258: 1.56

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.

BTG Hotels (Group) Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.653. 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 ¥9.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BTG Hotels (Group) Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BTG Hotels (Group) 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.

BTG Hotels (Group) Co Cyclically Adjusted PS Ratio Chart

BTG Hotels (Group) 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 1.60 1.74 2.26 2.33 1.60

BTG Hotels (Group) Co 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 2.25 1.86 1.72 1.60 1.48

Competitive Comparison of BTG Hotels (Group) Co's Cyclically Adjusted PS Ratio

For the Lodging subindustry, BTG Hotels (Group) 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.


BTG Hotels (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BTG Hotels (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where BTG Hotels (Group) Co's Cyclically Adjusted PS Ratio falls into.



BTG Hotels (Group) 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.

BTG Hotels (Group) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.03/9.6
=1.57

* 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.

BTG Hotels (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, BTG Hotels (Group) Co'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)
=1.653/115.2271*115.2271
=1.653

Current CPI (Mar. 2024) = 115.2271.

BTG Hotels (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.649 98.200 3.108
201409 3.276 98.900 3.817
201412 3.238 99.000 3.769
201503 1.497 99.900 1.727
201506 1.255 99.500 1.453
201509 1.465 100.500 1.680
201512 1.543 100.600 1.767
201603 1.540 102.200 1.736
201606 8.873 101.400 10.083
201609 7.836 102.400 8.818
201612 4.784 102.600 5.373
201703 1.955 103.200 2.183
201706 2.119 103.100 2.368
201709 2.374 104.100 2.628
201712 2.150 104.500 2.371
201803 1.966 105.300 2.151
201806 2.123 104.900 2.332
201809 2.417 106.600 2.613
201812 2.217 106.500 2.399
201903 1.987 107.700 2.126
201906 2.079 107.700 2.224
201909 2.288 109.800 2.401
201912 2.125 111.200 2.202
202003 0.818 112.300 0.839
202006 1.129 110.400 1.178
202009 1.707 111.700 1.761
202012 1.745 111.500 1.803
202103 1.299 112.662 1.329
202106 1.912 111.769 1.971
202109 1.610 112.215 1.653
202112 1.377 113.108 1.403
202203 1.086 114.335 1.094
202206 1.003 114.558 1.009
202209 1.351 115.339 1.350
202212 1.120 115.116 1.121
202303 1.483 115.116 1.484
202306 1.747 114.558 1.757
202309 2.063 115.339 2.061
202312 1.685 114.781 1.692
202403 1.653 115.227 1.653

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.


BTG Hotels (Group) Co  (SHSE:600258) 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.


BTG Hotels (Group) Co Cyclically Adjusted PS Ratio Related Terms

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


BTG Hotels (Group) Co (SHSE:600258) Business Description

Traded in Other Exchanges
N/A
Address
51 Fuxingmennei Boulevard, Xicheng District, Beijing, CHN, 100031
BTG Hotels (Group) Co Ltd engages in investment and management; hotel operation and management; property management; renting commercial premises; tourism services; development and sales of tourism products; taxi passenger transport; information consulting; exhibition and exhibition activities; catering services; design, production, agency, publishing domestic And foreign businessmen's advertising in China.

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