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Shanghai Bailian Group Co (SHSE:600827) Cyclically Adjusted PS Ratio : 0.33 (As of May. 29, 2024)


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What is Shanghai Bailian Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Shanghai Bailian Group Co's current share price is ¥8.50. Shanghai Bailian Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥25.86. Shanghai Bailian Group Co's Cyclically Adjusted PS Ratio for today is 0.33.

The historical rank and industry rank for Shanghai Bailian Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600827' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.34   Max: 0.93
Current: 0.34

During the past years, Shanghai Bailian Group Co's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.14. And the median was 0.34.

SHSE:600827's Cyclically Adjusted PS Ratio is ranked better than
60.29% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs SHSE:600827: 0.34

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.

Shanghai Bailian Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥5.043. 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 ¥25.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Bailian Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shanghai Bailian 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.

Shanghai Bailian Group Co Cyclically Adjusted PS Ratio Chart

Shanghai Bailian 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 0.26 0.48 0.45 0.43 0.36

Shanghai Bailian 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 0.47 0.49 0.42 0.36 0.34

Competitive Comparison of Shanghai Bailian Group Co's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, Shanghai Bailian 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.


Shanghai Bailian Group Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Shanghai Bailian Group Co's Cyclically Adjusted PS Ratio falls into.



Shanghai Bailian 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.

Shanghai Bailian Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.50/25.86
=0.33

* 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.

Shanghai Bailian Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Bailian 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)
=5.043/115.2271*115.2271
=5.043

Current CPI (Mar. 2024) = 115.2271.

Shanghai Bailian Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.971 98.200 8.180
201409 6.663 98.900 7.763
201412 7.876 99.000 9.167
201503 8.354 99.900 9.636
201506 6.612 99.500 7.657
201509 6.805 100.500 7.802
201512 7.130 100.600 8.167
201603 8.354 102.200 9.419
201606 6.255 101.400 7.108
201609 5.701 102.400 6.415
201612 6.239 102.600 7.007
201703 7.418 103.200 8.283
201706 6.215 103.100 6.946
201709 6.652 104.100 7.363
201712 6.564 104.500 7.238
201803 7.462 105.300 8.165
201806 6.394 104.900 7.023
201809 5.983 106.600 6.467
201812 7.312 106.500 7.911
201903 7.800 107.700 8.345
201906 6.747 107.700 7.219
201909 6.261 109.800 6.570
201912 7.617 111.200 7.893
202003 5.012 112.300 5.143
202006 5.069 110.400 5.291
202009 4.807 111.700 4.959
202012 5.160 111.500 5.332
202103 5.688 112.662 5.818
202106 4.729 111.769 4.875
202109 4.245 112.215 4.359
202112 4.694 113.108 4.782
202203 5.957 114.335 6.003
202206 4.273 114.558 4.298
202209 4.290 115.339 4.286
202212 3.763 115.116 3.767
202303 5.458 115.116 5.463
202306 3.596 114.558 3.617
202309 4.033 115.339 4.029
202312 3.816 114.781 3.831
202403 5.043 115.227 5.043

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.


Shanghai Bailian Group Co  (SHSE:600827) 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.


Shanghai Bailian Group Co Cyclically Adjusted PS Ratio Related Terms

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


Shanghai Bailian Group Co (SHSE:600827) Business Description

Traded in Other Exchanges
Address
Room 1101, 11 / F, 501 Zhang Yang Road, Pudong New Area, Shanghai, CHN, 200120
Shanghai Bailian Group Co Ltd through its subsidiaries, operates department stores, shopping malls, supermarkets, convenience stores, specialty retail stores, and outlets in China. It also offers non-ferrous and ferrous metals, as well as automotive, chemical light, electrical, timber and fuel products. In addition, the company is involved in the e-commerce, logistics, consumer services, electronic information, and other fields.
Executives
Cao Hai Lun senior management

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