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Jiangsu Huaxicun Co (SZSE:000936) Cyclically Adjusted PS Ratio : 1.98 (As of Jun. 10, 2024)


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What is Jiangsu Huaxicun Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Jiangsu Huaxicun Co's current share price is ¥6.38. Jiangsu Huaxicun Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.22. Jiangsu Huaxicun Co's Cyclically Adjusted PS Ratio for today is 1.98.

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

SZSE:000936' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.82   Max: 4.41
Current: 1.98

During the past years, Jiangsu Huaxicun Co's highest Cyclically Adjusted PS Ratio was 4.41. The lowest was 0.70. And the median was 1.82.

SZSE:000936's Cyclically Adjusted PS Ratio is ranked worse than
67.58% of 1209 companies
in the Chemicals industry
Industry Median: 1.21 vs SZSE:000936: 1.98

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.

Jiangsu Huaxicun Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.807. 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 ¥3.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Huaxicun Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jiangsu Huaxicun 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.

Jiangsu Huaxicun Co Cyclically Adjusted PS Ratio Chart

Jiangsu Huaxicun 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 1.89 2.20 1.90 1.57 2.54

Jiangsu Huaxicun 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 2.40 4.34 2.99 2.54 2.42

Competitive Comparison of Jiangsu Huaxicun Co's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Jiangsu Huaxicun 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.


Jiangsu Huaxicun Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Huaxicun Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Huaxicun Co's Cyclically Adjusted PS Ratio falls into.



Jiangsu Huaxicun 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.

Jiangsu Huaxicun Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.38/3.22
=1.98

* 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.

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

For example, Jiangsu Huaxicun 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)
=0.807/115.2271*115.2271
=0.807

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Huaxicun Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.779 98.200 0.914
201409 0.816 98.900 0.951
201412 0.849 99.000 0.988
201503 0.712 99.900 0.821
201506 0.815 99.500 0.944
201509 0.570 100.500 0.654
201512 0.527 100.600 0.604
201603 0.561 102.200 0.633
201606 0.533 101.400 0.606
201609 0.647 102.400 0.728
201612 0.682 102.600 0.766
201703 0.791 103.200 0.883
201706 0.929 103.100 1.038
201709 0.810 104.100 0.897
201712 0.660 104.500 0.728
201803 0.444 105.300 0.486
201806 0.745 104.900 0.818
201809 0.984 106.600 1.064
201812 0.920 106.500 0.995
201903 0.813 107.700 0.870
201906 1.114 107.700 1.192
201909 0.906 109.800 0.951
201912 0.748 111.200 0.775
202003 0.635 112.300 0.652
202006 0.756 110.400 0.789
202009 0.680 111.700 0.701
202012 0.627 111.500 0.648
202103 0.664 112.662 0.679
202106 0.692 111.769 0.713
202109 0.651 112.215 0.668
202112 0.757 113.108 0.771
202203 0.695 114.335 0.700
202206 0.972 114.558 0.978
202209 0.912 115.339 0.911
202212 0.622 115.116 0.623
202303 0.911 115.116 0.912
202306 0.638 114.558 0.642
202309 0.753 115.339 0.752
202312 0.908 114.781 0.912
202403 0.807 115.227 0.807

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.


Jiangsu Huaxicun Co  (SZSE:000936) 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.


Jiangsu Huaxicun Co Cyclically Adjusted PS Ratio Related Terms

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


Jiangsu Huaxicun Co (SZSE:000936) Business Description

Traded in Other Exchanges
N/A
Address
Huaxi Village, Jiangsu Province, Jiangyin, CHN, 214420
Jiangsu Huaxicun Co Ltd is engaged in the manufacture of textile and chemical fiber products as well as the generation and distribution of electric power, terylene short fibers, polyester products and storage services.
Executives
Tang Wei Qing Director
Yu Tong Executives
Wang Hong Yu Directors, executives
Wu Xiu Qin Supervisors
Li Man Liang Directors, executives
Wu Xie En Director
Bian Wu Biao Directors, Directors, and Executives
Wu Wen Tong Directors, executives
Sun Yun Feng Director
Wu Jian Rong Supervisors
Xu Jian Rong Supervisors

Jiangsu Huaxicun Co (SZSE:000936) Headlines

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