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Inner Mongolia Yitai Coal Co (SHSE:900948) Cyclically Adjusted PS Ratio : 1.03 (As of May. 20, 2024)


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What is Inner Mongolia Yitai Coal Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Inner Mongolia Yitai Coal Co's current share price is $1.954. Inner Mongolia Yitai Coal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.90. Inner Mongolia Yitai Coal Co's Cyclically Adjusted PS Ratio for today is 1.03.

The historical rank and industry rank for Inner Mongolia Yitai Coal Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:900948' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.91   Max: 4.2
Current: 1

During the past years, Inner Mongolia Yitai Coal Co's highest Cyclically Adjusted PS Ratio was 4.20. The lowest was 0.31. And the median was 0.91.

SHSE:900948's Cyclically Adjusted PS Ratio is ranked better than
52.73% of 110 companies
in the Other Energy Sources industry
Industry Median: 1.15 vs SHSE:900948: 1.00

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.

Inner Mongolia Yitai Coal Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.594. 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 $1.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inner Mongolia Yitai Coal Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inner Mongolia Yitai Coal 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.

Inner Mongolia Yitai Coal Co Cyclically Adjusted PS Ratio Chart

Inner Mongolia Yitai Coal 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 0.54 0.36 0.52 0.74 0.83

Inner Mongolia Yitai Coal 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 0.81 0.75 0.76 0.83 1.00

Competitive Comparison of Inner Mongolia Yitai Coal Co's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Inner Mongolia Yitai Coal 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.


Inner Mongolia Yitai Coal Co's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Inner Mongolia Yitai Coal Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Yitai Coal Co's Cyclically Adjusted PS Ratio falls into.



Inner Mongolia Yitai Coal 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.

Inner Mongolia Yitai Coal Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.954/1.9
=1.03

* 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.

Inner Mongolia Yitai Coal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Inner Mongolia Yitai Coal 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)
=0.594/115.2271*115.2271
=0.594

Current CPI (Mar. 2024) = 115.2271.

Inner Mongolia Yitai Coal Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.359 98.200 0.421
201409 0.316 98.900 0.368
201412 0.317 99.000 0.369
201503 0.219 99.900 0.253
201506 0.204 99.500 0.236
201509 0.232 100.500 0.266
201512 0.294 100.600 0.337
201603 0.253 102.200 0.285
201606 0.163 101.400 0.185
201609 0.259 102.400 0.291
201612 0.403 102.600 0.453
201703 0.316 103.200 0.353
201706 0.421 103.100 0.471
201709 0.490 104.100 0.542
201712 0.463 104.500 0.511
201803 0.402 105.300 0.440
201806 0.477 104.900 0.524
201809 0.428 106.600 0.463
201812 0.506 106.500 0.547
201903 0.451 107.700 0.483
201906 0.453 107.700 0.485
201909 0.465 109.800 0.488
201912 0.433 111.200 0.449
202003 0.303 112.300 0.311
202006 0.386 110.400 0.403
202009 0.385 111.700 0.397
202012 0.420 111.500 0.434
202103 0.468 112.662 0.479
202106 0.491 111.769 0.506
202109 0.633 112.215 0.650
202112 0.835 113.108 0.851
202203 0.723 114.335 0.729
202206 0.742 114.558 0.746
202209 0.642 115.339 0.641
202212 0.659 115.116 0.660
202303 0.612 115.116 0.613
202306 0.483 114.558 0.486
202309 0.586 115.339 0.585
202312 0.710 114.781 0.713
202403 0.594 115.227 0.594

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.


Inner Mongolia Yitai Coal Co  (SHSE:900948) 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.


Inner Mongolia Yitai Coal Co Cyclically Adjusted PS Ratio Related Terms

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


Inner Mongolia Yitai Coal Co (SHSE:900948) Business Description

Traded in Other Exchanges
N/A
Address
North Tianjiao Road, Yitai Building, Inner Mongolia, Dongsheng District, Ordos, CHN, 017000
Inner Mongolia Yitai Coal Co Ltd is primarily engaged in coal mining, processing, and distribution, as well as the distribution of petroleum products. The company also provides railway transportation services and road transportation services, as well as a coal-related chemical business, hotel management and pharmaceutical manufacturing. The company directly owns and controls multiple mechanized coal mines and controls three main railways, namely the Zhundong Railway, Huzhun Railway and a special railway line for Suancigou Mine. Thermal coal provided by the company serves as fuel for various industries including thermal power, construction materials and chemicals.

Inner Mongolia Yitai Coal Co (SHSE:900948) Headlines

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