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Shenzhen Overseas Chinese Town Co (SZSE:000069) Cyclically Adjusted PS Ratio : 0.38 (As of May. 16, 2024)


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What is Shenzhen Overseas Chinese Town Co Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Shenzhen Overseas Chinese Town Co's current share price is ¥2.82. Shenzhen Overseas Chinese Town Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.39. Shenzhen Overseas Chinese Town Co's Cyclically Adjusted PS Ratio for today is 0.38.

The historical rank and industry rank for Shenzhen Overseas Chinese Town Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:000069' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.78   Max: 5.92
Current: 0.37

During the past years, Shenzhen Overseas Chinese Town Co's highest Cyclically Adjusted PS Ratio was 5.92. The lowest was 0.32. And the median was 1.78.

SZSE:000069's Cyclically Adjusted PS Ratio is ranked better than
86.07% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs SZSE:000069: 0.37

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.

Shenzhen Overseas Chinese Town Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.083. 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 ¥7.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Overseas Chinese Town Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shenzhen Overseas Chinese Town 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.

Shenzhen Overseas Chinese Town Co Cyclically Adjusted PS Ratio Chart

Shenzhen Overseas Chinese Town 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 1.65 1.30 1.08 0.74 0.42

Shenzhen Overseas Chinese Town 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 0.67 0.61 0.58 0.42 0.36

Competitive Comparison of Shenzhen Overseas Chinese Town Co's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Shenzhen Overseas Chinese Town 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.


Shenzhen Overseas Chinese Town Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shenzhen Overseas Chinese Town Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Overseas Chinese Town Co's Cyclically Adjusted PS Ratio falls into.



Shenzhen Overseas Chinese Town 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.

Shenzhen Overseas Chinese Town Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.82/7.39
=0.38

* 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.

Shenzhen Overseas Chinese Town Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen Overseas Chinese Town 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)
=1.083/115.2271*115.2271
=1.083

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Overseas Chinese Town Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.087 98.200 1.275
201409 0.771 98.900 0.898
201412 1.584 99.000 1.844
201503 0.571 99.900 0.659
201506 0.826 99.500 0.957
201509 1.001 100.500 1.148
201512 2.020 100.600 2.314
201603 0.670 102.200 0.755
201606 0.726 101.400 0.825
201609 0.925 102.400 1.041
201612 2.002 102.600 2.248
201703 0.751 103.200 0.839
201706 0.930 103.100 1.039
201709 0.680 104.100 0.753
201712 2.800 104.500 3.087
201803 0.772 105.300 0.845
201806 1.022 104.900 1.123
201809 1.198 106.600 1.295
201812 2.892 106.500 3.129
201903 0.965 107.700 1.032
201906 1.187 107.700 1.270
201909 1.488 109.800 1.562
201912 3.678 111.200 3.811
202003 0.831 112.300 0.853
202006 1.256 110.400 1.311
202009 2.012 111.700 2.076
202012 6.028 111.500 6.229
202103 1.064 112.662 1.088
202106 1.800 111.769 1.856
202109 3.286 112.215 3.374
202112 6.618 113.108 6.742
202203 0.928 114.335 0.935
202206 1.107 114.558 1.113
202209 1.597 115.339 1.595
202212 5.510 115.116 5.515
202303 0.843 115.116 0.844
202306 1.591 114.558 1.600
202309 1.533 115.339 1.532
202312 2.738 114.781 2.749
202403 1.083 115.227 1.083

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.


Shenzhen Overseas Chinese Town Co  (SZSE:000069) 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.


Shenzhen Overseas Chinese Town Co Cyclically Adjusted PS Ratio Related Terms

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Shenzhen Overseas Chinese Town Co (SZSE:000069) Business Description

Traded in Other Exchanges
N/A
Address
Office Building, Overseas Chinese Town Group, Nanshan District, Guangdong Province, Shenzhen, CHN, 518053
Shenzhen Overseas Chinese Town Co Ltd is engaged in tourism, real estate and hotel development in China.

Shenzhen Overseas Chinese Town Co (SZSE:000069) Headlines

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