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Western Region Gold Co (SHSE:601069) Cyclically Adjusted PS Ratio : 2.83 (As of Jun. 09, 2024)


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What is Western Region Gold Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Western Region Gold Co's current share price is ¥12.52. Western Region Gold Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.43. Western Region Gold Co's Cyclically Adjusted PS Ratio for today is 2.83.

The historical rank and industry rank for Western Region Gold Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601069' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.26   Med: 3.06   Max: 3.77
Current: 2.83

During the past years, Western Region Gold Co's highest Cyclically Adjusted PS Ratio was 3.77. The lowest was 2.26. And the median was 3.06.

SHSE:601069's Cyclically Adjusted PS Ratio is ranked worse than
73.76% of 583 companies
in the Metals & Mining industry
Industry Median: 1.28 vs SHSE:601069: 2.83

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.

Western Region Gold Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.547. 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 ¥4.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Region Gold Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Western Region Gold 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.

Western Region Gold Co Cyclically Adjusted PS Ratio Chart

Western Region Gold 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 - - - 2.85 2.80

Western Region Gold 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 3.43 3.05 3.12 2.80 2.59

Competitive Comparison of Western Region Gold Co's Cyclically Adjusted PS Ratio

For the Gold subindustry, Western Region Gold 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.


Western Region Gold Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Region Gold Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Western Region Gold Co's Cyclically Adjusted PS Ratio falls into.



Western Region Gold 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.

Western Region Gold Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.52/4.43
=2.83

* 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.

Western Region Gold Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Western Region Gold 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)
=1.547/115.2271*115.2271
=1.547

Current CPI (Mar. 2024) = 115.2271.

Western Region Gold Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.606 98.200 0.711
201409 0.236 98.900 0.275
201412 0.880 99.000 1.024
201503 0.338 99.900 0.390
201506 0.237 99.500 0.274
201509 0.586 100.500 0.672
201512 0.455 100.600 0.521
201603 0.516 102.200 0.582
201606 0.392 101.400 0.445
201609 0.460 102.400 0.518
201612 0.382 102.600 0.429
201703 0.512 103.200 0.572
201706 0.417 103.100 0.466
201709 0.474 104.100 0.525
201712 0.786 104.500 0.867
201803 0.253 105.300 0.277
201806 0.390 104.900 0.428
201809 0.183 106.600 0.198
201812 0.752 106.500 0.814
201903 0.377 107.700 0.403
201906 1.516 107.700 1.622
201909 1.704 109.800 1.788
201912 2.237 111.200 2.318
202003 1.069 112.300 1.097
202006 2.853 110.400 2.978
202009 1.983 111.700 2.046
202012 2.852 111.500 2.947
202103 1.911 112.662 1.955
202106 2.015 111.769 2.077
202109 1.790 112.215 1.838
202112 1.434 113.108 1.461
202203 0.550 114.335 0.554
202206 1.351 114.558 1.359
202209 2.039 115.339 2.037
202212 1.443 115.116 1.444
202303 1.034 115.116 1.035
202306 1.538 114.558 1.547
202309 0.921 115.339 0.920
202312 1.348 114.781 1.353
202403 1.547 115.227 1.547

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.


Western Region Gold Co  (SHSE:601069) 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.


Western Region Gold Co Cyclically Adjusted PS Ratio Related Terms

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


Western Region Gold Co (SHSE:601069) Business Description

Traded in Other Exchanges
N/A
Address
No. 501, South Road, Economic and Technological Development Zone, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 834000
Western Region Gold Co Ltd is engaged in gold mining. The company is also engaged in the iron ore mine and chrome ore mining.
Executives
Sun Jian Hua senior management
He Jian Zhang Director
Wang Yong Supervisors
Duan Wei Dong Director
Liu Jun Directors, senior managers
Ding Hong Supervisors
Liu Chao Hui senior management
Yu Guo Jun Director
Tang Xiang Yang Director
Tang Fang senior management
Hu Jian Ming senior management
Zhu Ling Xiao senior management
Qi Xin Ying Directors, senior managers

Western Region Gold Co (SHSE:601069) Headlines

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