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Guangzhou Port Co (SHSE:601228) Cyclically Adjusted PS Ratio : 1.94 (As of May. 26, 2024)


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What is Guangzhou Port Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Guangzhou Port Co's current share price is ¥3.28. Guangzhou Port Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.69. Guangzhou Port Co's Cyclically Adjusted PS Ratio for today is 1.94.

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

SHSE:601228' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.81   Med: 1.99   Max: 2.52
Current: 2.01

During the past years, Guangzhou Port Co's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 1.81. And the median was 1.99.

SHSE:601228's Cyclically Adjusted PS Ratio is ranked worse than
74.12% of 738 companies
in the Transportation industry
Industry Median: 0.835 vs SHSE:601228: 2.01

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.

Guangzhou Port Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.428. 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 ¥1.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangzhou Port Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangzhou Port 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.

Guangzhou Port Co Cyclically Adjusted PS Ratio Chart

Guangzhou Port 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 - - - 1.95 1.90

Guangzhou Port 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 1.90 1.99 1.95 1.90 2.10

Competitive Comparison of Guangzhou Port Co's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Guangzhou Port 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.


Guangzhou Port Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangzhou Port Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Port Co's Cyclically Adjusted PS Ratio falls into.



Guangzhou Port 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.

Guangzhou Port Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.28/1.69
=1.94

* 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.

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

For example, Guangzhou Port 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)
=0.428/115.2271*115.2271
=0.428

Current CPI (Mar. 2024) = 115.2271.

Guangzhou Port Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.303 98.200 0.356
201409 0.265 98.900 0.309
201412 0.291 99.000 0.339
201503 0.243 99.900 0.280
201506 0.286 99.500 0.331
201509 0.334 100.500 0.383
201512 0.349 100.600 0.400
201603 0.254 102.200 0.286
201606 0.324 101.400 0.368
201609 0.426 102.400 0.479
201612 0.375 102.600 0.421
201703 0.315 103.200 0.352
201706 0.373 103.100 0.417
201709 0.318 104.100 0.352
201712 0.448 104.500 0.494
201803 0.354 105.300 0.387
201806 0.367 104.900 0.403
201809 0.369 106.600 0.399
201812 0.352 106.500 0.381
201903 0.359 107.700 0.384
201906 0.416 107.700 0.445
201909 0.482 109.800 0.506
201912 0.466 111.200 0.483
202003 0.414 112.300 0.425
202006 0.449 110.400 0.469
202009 0.528 111.700 0.545
202012 0.440 111.500 0.455
202103 0.429 112.662 0.439
202106 0.588 111.769 0.606
202109 0.468 112.215 0.481
202112 0.434 113.108 0.442
202203 0.453 114.335 0.457
202206 0.546 114.558 0.549
202209 0.399 115.339 0.399
202212 0.495 115.116 0.495
202303 0.393 115.116 0.393
202306 0.414 114.558 0.416
202309 0.536 115.339 0.535
202312 0.395 114.781 0.397
202403 0.428 115.227 0.428

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.


Guangzhou Port Co  (SHSE:601228) 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.


Guangzhou Port Co Cyclically Adjusted PS Ratio Related Terms

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


Guangzhou Port Co (SHSE:601228) Business Description

Traded in Other Exchanges
N/A
Address
Room 603, No. 9, South Longxue Avenue, Nansha District, Guangdong, Guangzhou, CHN, 510100
Guangzhou Port Co Ltd is a integrated hub port and container trunk port in South China. Further, it is also involved in various business activities which include container business, petrochemical business, steel business, food business, coal business and others.

Guangzhou Port Co (SHSE:601228) Headlines

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