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Jchx Mining Management Co (SHSE:603979) Cyclically Adjusted PS Ratio : 7.82 (As of May. 26, 2024)


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What is Jchx Mining Management Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Jchx Mining Management Co's current share price is ¥55.77. Jchx Mining Management Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.13. Jchx Mining Management Co's Cyclically Adjusted PS Ratio for today is 7.82.

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

SHSE:603979' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.5   Med: 5.3   Max: 8.08
Current: 7.82

During the past years, Jchx Mining Management Co's highest Cyclically Adjusted PS Ratio was 8.08. The lowest was 4.50. And the median was 5.30.

SHSE:603979's Cyclically Adjusted PS Ratio is ranked worse than
89.71% of 583 companies
in the Metals & Mining industry
Industry Median: 1.34 vs SHSE:603979: 7.82

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.

Jchx Mining Management Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥3.098. 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 ¥7.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jchx Mining Management Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jchx Mining Management 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.

Jchx Mining Management Co Cyclically Adjusted PS Ratio Chart

Jchx Mining Management 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 - - - - 5.44

Jchx Mining Management 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 4.71 4.69 5.43 5.44 7.43

Competitive Comparison of Jchx Mining Management Co's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Jchx Mining Management 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.


Jchx Mining Management Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Jchx Mining Management Co's Cyclically Adjusted PS Ratio falls into.



Jchx Mining Management 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.

Jchx Mining Management Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.77/7.13
=7.82

* 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.

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

For example, Jchx Mining Management 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)
=3.098/115.2271*115.2271
=3.098

Current CPI (Mar. 2024) = 115.2271.

Jchx Mining Management Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.675 98.200 1.965
201409 1.689 98.900 1.968
201412 1.663 99.000 1.936
201503 1.252 99.900 1.444
201506 1.615 99.500 1.870
201509 1.671 100.500 1.916
201512 1.303 100.600 1.492
201603 1.109 102.200 1.250
201606 0.635 101.400 0.722
201609 1.054 102.400 1.186
201612 0.991 102.600 1.113
201703 0.897 103.200 1.002
201706 1.051 103.100 1.175
201709 1.014 104.100 1.122
201712 1.207 104.500 1.331
201803 1.099 105.300 1.203
201806 1.415 104.900 1.554
201809 1.230 106.600 1.330
201812 1.581 106.500 1.711
201903 1.226 107.700 1.312
201906 1.445 107.700 1.546
201909 1.553 109.800 1.630
201912 1.638 111.200 1.697
202003 1.336 112.300 1.371
202006 1.776 110.400 1.854
202009 1.602 111.700 1.653
202012 1.957 111.500 2.022
202103 1.568 112.662 1.604
202106 1.939 111.769 1.999
202109 1.783 112.215 1.831
202112 2.181 113.108 2.222
202203 1.872 114.335 1.887
202206 2.158 114.558 2.171
202209 2.190 115.339 2.188
202212 2.358 115.116 2.360
202303 2.314 115.116 2.316
202306 2.909 114.558 2.926
202309 3.072 115.339 3.069
202312 3.246 114.781 3.259
202403 3.098 115.227 3.098

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.


Jchx Mining Management Co  (SHSE:603979) 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.


Jchx Mining Management Co Cyclically Adjusted PS Ratio Related Terms

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


Jchx Mining Management Co (SHSE:603979) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Shuiyuan Road, Room 101, Building 1, Economic Development Zone, Miyun County, Beijing, CHN, 101500
Jchx Mining Management Co Ltd is a mining construction company. The Company is engaged in mine development and construction, contract mining and research and development in non-ferrous, ferrous and chemical industries. Currently, the company projects are in Xiadian, Baiyu, Lubambe Copper Mine, Jinfeng Project, and others.
Executives
Wang Qing Hai Director
Wu Bang Fu senior management
Meng Zhu Hong senior management
Li Hong Hui senior management

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