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GD Power Development Co (SHSE:600795) Cyclically Adjusted PS Ratio : 0.94 (As of Jun. 06, 2024)


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What is GD Power Development Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), GD Power Development Co's current share price is ¥5.87. GD Power Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥6.27. GD Power Development Co's Cyclically Adjusted PS Ratio for today is 0.94.

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

SHSE:600795' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.8   Max: 2.46
Current: 0.86

During the past years, GD Power Development Co's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.44. And the median was 0.80.

SHSE:600795's Cyclically Adjusted PS Ratio is ranked better than
68.7% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.88 vs SHSE:600795: 0.86

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.

GD Power Development Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.553. 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 ¥6.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GD Power Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GD Power Development 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.

GD Power Development Co Cyclically Adjusted PS Ratio Chart

GD Power Development 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 0.58 0.53 0.66 0.77 0.68

GD Power Development 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 0.67 0.66 0.61 0.68 0.81

Competitive Comparison of GD Power Development Co's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, GD Power Development 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.


GD Power Development Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GD Power Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where GD Power Development Co's Cyclically Adjusted PS Ratio falls into.



GD Power Development 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.

GD Power Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.87/6.27
=0.94

* 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.

GD Power Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GD Power Development 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)
=2.553/115.2271*115.2271
=2.553

Current CPI (Mar. 2024) = 115.2271.

GD Power Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.868 98.200 1.019
201409 0.804 98.900 0.937
201412 0.872 99.000 1.015
201503 0.679 99.900 0.783
201506 0.652 99.500 0.755
201509 0.747 100.500 0.856
201512 0.734 100.600 0.841
201603 0.705 102.200 0.795
201606 0.704 101.400 0.800
201609 0.710 102.400 0.799
201612 0.752 102.600 0.845
201703 0.719 103.200 0.803
201706 0.676 103.100 0.756
201709 0.755 104.100 0.836
201712 0.680 104.500 0.750
201803 1.307 105.300 1.430
201806 1.206 104.900 1.325
201809 1.354 106.600 1.464
201812 1.047 106.500 1.133
201903 1.411 107.700 1.510
201906 1.326 107.700 1.419
201909 1.485 109.800 1.558
201912 1.223 111.200 1.267
202003 1.348 112.300 1.383
202006 1.142 110.400 1.192
202009 1.506 111.700 1.554
202012 2.018 111.500 2.085
202103 2.099 112.662 2.147
202106 1.968 111.769 2.029
202109 2.235 112.215 2.295
202112 2.898 113.108 2.952
202203 2.568 114.335 2.588
202206 2.439 114.558 2.453
202209 3.117 115.339 3.114
202212 2.519 115.116 2.521
202303 2.555 115.116 2.557
202306 2.413 114.558 2.427
202309 2.742 115.339 2.739
202312 2.421 114.781 2.430
202403 2.553 115.227 2.553

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.


GD Power Development Co  (SHSE:600795) 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.


GD Power Development Co Cyclically Adjusted PS Ratio Related Terms

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


GD Power Development Co (SHSE:600795) Business Description

Traded in Other Exchanges
N/A
Address
An Hui North Park, Building 19, Chaoyang District, Beijing, CHN, 100101
GD Power Development Co Ltd is a China-based company engaged in power generation and related businesses. Its businesses include thermal power generation, hydroelectric generation, wind power generation and solar power generation, among others. It also sells thermal products, chemical products, and coal products, among others. The company mainly operates businesses in the domestic market.
Executives
Wu Qiang Supervisors
Chen Bin Supervisors
Feng Shu Chen Director
Wu Quan senior management
Zhang Zi Juan Supervisors
Zhu Yue Liang senior management
Mou Jun senior management
Jiang Hong Yuan senior management
Xu Qi senior management
Chen Jing Dong senior management

GD Power Development Co (SHSE:600795) Headlines

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