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Anhui Gujing Distillery Co (SZSE:000596) Cyclically Adjusted PS Ratio : 11.82 (As of May. 14, 2024)


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What is Anhui Gujing Distillery Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Anhui Gujing Distillery Co's current share price is ¥261.80. Anhui Gujing Distillery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥22.14. Anhui Gujing Distillery Co's Cyclically Adjusted PS Ratio for today is 11.82.

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

SZSE:000596' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.43   Med: 8.23   Max: 20.13
Current: 12.44

During the past years, Anhui Gujing Distillery Co's highest Cyclically Adjusted PS Ratio was 20.13. The lowest was 3.43. And the median was 8.23.

SZSE:000596's Cyclically Adjusted PS Ratio is ranked worse than
95.21% of 167 companies
in the Beverages - Alcoholic industry
Industry Median: 1.77 vs SZSE:000596: 12.44

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.

Anhui Gujing Distillery Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥15.683. 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 ¥22.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Gujing Distillery Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co Cyclically Adjusted PS Ratio Chart

Anhui Gujing Distillery 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 10.76 19.16 15.44 14.63 11.13

Anhui Gujing Distillery 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 15.49 12.53 13.25 11.13 11.74

Competitive Comparison of Anhui Gujing Distillery Co's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Anhui Gujing Distillery 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.


Anhui Gujing Distillery Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Gujing Distillery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Gujing Distillery Co's Cyclically Adjusted PS Ratio falls into.



Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=261.80/22.14
=11.82

* 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.

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

For example, Anhui Gujing Distillery 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)
=15.683/114.6694*114.6694
=15.683

Current CPI (Mar. 2024) = 114.6694.

Anhui Gujing Distillery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.787 98.200 2.087
201409 2.220 98.900 2.574
201412 2.294 99.000 2.657
201503 3.304 99.900 3.792
201506 2.106 99.500 2.427
201509 2.600 100.500 2.967
201512 2.484 100.600 2.831
201603 3.644 102.200 4.089
201606 2.420 101.400 2.737
201609 2.894 102.400 3.241
201612 2.994 102.600 3.346
201703 4.317 103.200 4.797
201706 2.972 103.100 3.306
201709 3.299 104.100 3.634
201712 3.242 104.500 3.557
201803 5.066 105.300 5.517
201806 4.419 104.900 4.831
201809 3.922 106.600 4.219
201812 3.854 106.500 4.150
201903 7.305 107.700 7.778
201906 4.598 107.700 4.896
201909 4.400 109.800 4.595
201912 4.411 111.200 4.549
202003 6.493 112.300 6.630
202006 4.481 110.400 4.654
202009 5.072 111.700 5.207
202012 4.416 111.500 4.542
202103 8.215 112.662 8.361
202106 5.713 111.769 5.861
202109 5.863 112.215 5.991
202112 5.962 113.108 6.044
202203 9.985 114.335 10.014
202206 7.047 114.558 7.054
202209 7.111 115.339 7.070
202212 7.496 115.116 7.467
202303 12.458 115.116 12.410
202306 8.945 114.558 8.954
202309 8.767 115.339 8.716
202312 8.139 114.669 8.139
202403 15.683 114.669 15.683

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.


Anhui Gujing Distillery Co  (SZSE:000596) 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.


Anhui Gujing Distillery Co Cyclically Adjusted PS Ratio Related Terms

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Anhui Gujing Distillery Co (SZSE:000596) Business Description

Traded in Other Exchanges
Address
Gujing Town, Anhui Province, Bozhou, CHN, 236820
Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

Anhui Gujing Distillery Co (SZSE:000596) Headlines

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