GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangling Motors Corp Ltd (SZSE:000550) » Definitions » Cyclically Adjusted PS Ratio

Jiangling Motors (SZSE:000550) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 01, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Jiangling Motors Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Jiangling Motors's current share price is ¥25.29. Jiangling Motors's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥37.23. Jiangling Motors's Cyclically Adjusted PS Ratio for today is 0.68.

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

SZSE:000550' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.71   Max: 2.36
Current: 0.68

During the past years, Jiangling Motors's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.33. And the median was 0.71.

SZSE:000550's Cyclically Adjusted PS Ratio is ranked better than
50.3% of 1004 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs SZSE:000550: 0.68

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.

Jiangling Motors's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥9.258. 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 ¥37.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangling Motors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jiangling Motors'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.

Jiangling Motors Cyclically Adjusted PS Ratio Chart

Jiangling Motors 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 0.45 0.64 0.47 0.37 0.51

Jiangling Motors 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 0.39 0.38 0.47 0.51 0.81

Competitive Comparison of Jiangling Motors's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Jiangling Motors'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.


Jiangling Motors's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangling Motors's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jiangling Motors's Cyclically Adjusted PS Ratio falls into.



Jiangling Motors 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.

Jiangling Motors's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.29/37.23
=0.68

* 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.

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

For example, Jiangling Motors'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)
=9.258/115.2271*115.2271
=9.258

Current CPI (Mar. 2024) = 115.2271.

Jiangling Motors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.096 98.200 8.326
201409 6.670 98.900 7.771
201412 8.646 99.000 10.063
201503 7.412 99.900 8.549
201506 6.455 99.500 7.475
201509 5.748 100.500 6.590
201512 8.769 100.600 10.044
201603 6.200 102.200 6.990
201606 6.384 101.400 7.255
201609 7.424 102.400 8.354
201612 10.903 102.600 12.245
201703 9.276 103.200 10.357
201706 8.851 103.100 9.892
201709 8.216 104.100 9.094
201712 10.119 104.500 11.158
201803 7.595 105.300 8.311
201806 8.966 104.900 9.849
201809 7.072 106.600 7.644
201812 11.288 106.500 12.213
201903 7.759 107.700 8.301
201906 8.558 107.700 9.156
201909 7.443 109.800 7.811
201912 10.312 111.200 10.685
202003 5.320 112.300 5.459
202006 10.953 110.400 11.432
202009 9.024 111.700 9.309
202012 12.511 111.500 12.929
202103 9.272 112.662 9.483
202106 11.241 111.769 11.589
202109 8.882 112.215 9.120
202112 11.815 113.108 12.036
202203 8.202 114.335 8.266
202206 8.146 114.558 8.194
202209 9.162 115.339 9.153
202212 9.374 115.116 9.383
202303 8.648 115.116 8.656
202306 9.122 114.558 9.175
202309 9.485 115.339 9.476
202312 11.188 114.781 11.231
202403 9.258 115.227 9.258

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.


Jiangling Motors  (SZSE:000550) 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.


Jiangling Motors Cyclically Adjusted PS Ratio Related Terms

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


Jiangling Motors (SZSE:000550) Business Description

Traded in Other Exchanges
Address
No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001
Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.
Executives
Zhu Shui Xing Executives
Tu Hong Feng Executives
Xu Lan Feng Supervisors

Jiangling Motors (SZSE:000550) Headlines

No Headlines