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Nanning Department Store Co (SHSE:600712) Cyclically Adjusted PS Ratio : 1.22 (As of May. 26, 2024)


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What is Nanning Department Store Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Nanning Department Store Co's current share price is ¥3.76. Nanning Department Store Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.07. Nanning Department Store Co's Cyclically Adjusted PS Ratio for today is 1.22.

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

SHSE:600712' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.14   Max: 3.84
Current: 1.22

During the past years, Nanning Department Store Co's highest Cyclically Adjusted PS Ratio was 3.84. The lowest was 0.70. And the median was 1.14.

SHSE:600712's Cyclically Adjusted PS Ratio is ranked worse than
77.59% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs SHSE:600712: 1.22

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.

Nanning Department Store Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.285. 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 ¥3.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanning Department Store Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nanning Department Store 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.

Nanning Department Store Co Cyclically Adjusted PS Ratio Chart

Nanning Department Store 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 1.92 0.98 0.96 1.39 1.65

Nanning Department Store 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 1.16 1.11 1.25 1.65 1.33

Competitive Comparison of Nanning Department Store Co's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, Nanning Department Store 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.


Nanning Department Store Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nanning Department Store Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nanning Department Store Co's Cyclically Adjusted PS Ratio falls into.



Nanning Department Store 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.

Nanning Department Store Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.76/3.07
=1.22

* 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.

Nanning Department Store Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nanning Department Store 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)
=0.285/115.2271*115.2271
=0.285

Current CPI (Mar. 2024) = 115.2271.

Nanning Department Store Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.178 98.200 1.382
201409 0.908 98.900 1.058
201412 1.197 99.000 1.393
201503 1.216 99.900 1.403
201506 1.029 99.500 1.192
201509 0.594 100.500 0.681
201512 1.179 100.600 1.350
201603 1.101 102.200 1.241
201606 0.942 101.400 1.070
201609 0.888 102.400 0.999
201612 0.856 102.600 0.961
201703 0.874 103.200 0.976
201706 0.960 103.100 1.073
201709 0.771 104.100 0.853
201712 1.347 104.500 1.485
201803 0.939 105.300 1.028
201806 1.121 104.900 1.231
201809 0.746 106.600 0.806
201812 0.905 106.500 0.979
201903 0.727 107.700 0.778
201906 1.032 107.700 1.104
201909 0.770 109.800 0.808
201912 1.068 111.200 1.107
202003 0.275 112.300 0.282
202006 0.397 110.400 0.414
202009 0.351 111.700 0.362
202012 0.417 111.500 0.431
202103 0.363 112.662 0.371
202106 0.380 111.769 0.392
202109 0.355 112.215 0.365
202112 0.371 113.108 0.378
202203 0.309 114.335 0.311
202206 0.305 114.558 0.307
202209 0.318 115.339 0.318
202212 0.272 115.116 0.272
202303 0.284 115.116 0.284
202306 0.345 114.558 0.347
202309 0.308 115.339 0.308
202312 0.312 114.781 0.313
202403 0.285 115.227 0.285

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.


Nanning Department Store Co  (SHSE:600712) 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.


Nanning Department Store Co Cyclically Adjusted PS Ratio Related Terms

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


Nanning Department Store Co (SHSE:600712) Business Description

Traded in Other Exchanges
N/A
Address
No 39-41, 45 Chaoyang Road, Nanning, Guangxi, CHN, 530012
Nanning Department Store Co Ltd operates department stores.
Executives
Tan Yao Bei Directors, senior managers
Wu Xiao Bin senior management
Li Wei senior management
Zhao Jian Qin Supervisors
Zhou Ning Xing senior management
Li Liang Director
Chen Chun senior management
Huang Yong Gan Director
Wang Chuan senior management
Wu Guang Zhen Supervisors

Nanning Department Store Co (SHSE:600712) Headlines

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