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Yunnan Tourism Co (SZSE:002059) Cyclically Adjusted PS Ratio : 2.40 (As of Jun. 05, 2024)


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What is Yunnan Tourism Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Yunnan Tourism Co's current share price is ¥4.91. Yunnan Tourism Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.05. Yunnan Tourism Co's Cyclically Adjusted PS Ratio for today is 2.40.

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

SZSE:002059' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 3.36   Max: 13.8
Current: 2.48

During the past years, Yunnan Tourism Co's highest Cyclically Adjusted PS Ratio was 13.80. The lowest was 2.00. And the median was 3.36.

SZSE:002059's Cyclically Adjusted PS Ratio is ranked worse than
68.23% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs SZSE:002059: 2.48

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.

Yunnan Tourism Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.124. 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 ¥2.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yunnan Tourism Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yunnan Tourism 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.

Yunnan Tourism Co Cyclically Adjusted PS Ratio Chart

Yunnan Tourism 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 2.44 2.20 2.69 3.76 2.72

Yunnan Tourism 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 3.53 3.03 2.96 2.72 2.62

Competitive Comparison of Yunnan Tourism Co's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Yunnan Tourism 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.


Yunnan Tourism Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Yunnan Tourism 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.

Yunnan Tourism Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.91/2.05
=2.40

* 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.

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

For example, Yunnan Tourism 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)
=0.124/115.2271*115.2271
=0.124

Current CPI (Mar. 2024) = 115.2271.

Yunnan Tourism Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.266 98.200 0.312
201409 0.292 98.900 0.340
201412 0.691 99.000 0.804
201503 0.272 99.900 0.314
201506 0.442 99.500 0.512
201509 0.423 100.500 0.485
201512 0.816 100.600 0.935
201603 0.202 102.200 0.228
201606 0.654 101.400 0.743
201609 0.496 102.400 0.558
201612 0.647 102.600 0.727
201703 0.293 103.200 0.327
201706 0.426 103.100 0.476
201709 0.421 104.100 0.466
201712 1.636 104.500 1.804
201803 0.388 105.300 0.425
201806 0.688 104.900 0.756
201809 0.596 106.600 0.644
201812 1.890 106.500 2.045
201903 0.446 107.700 0.477
201906 0.545 107.700 0.583
201909 0.584 109.800 0.613
201912 1.266 111.200 1.312
202003 0.213 112.300 0.219
202006 0.185 110.400 0.193
202009 0.312 111.700 0.322
202012 1.061 111.500 1.096
202103 0.226 112.662 0.231
202106 0.404 111.769 0.416
202109 0.359 112.215 0.369
202112 0.410 113.108 0.418
202203 0.194 114.335 0.196
202206 0.114 114.558 0.115
202209 0.158 115.339 0.158
202212 0.066 115.116 0.066
202303 0.103 115.116 0.103
202306 0.137 114.558 0.138
202309 0.125 115.339 0.125
202312 0.345 114.781 0.346
202403 0.124 115.227 0.124

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.


Yunnan Tourism Co  (SZSE:002059) 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.


Yunnan Tourism Co Cyclically Adjusted PS Ratio Related Terms

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


Yunnan Tourism Co (SZSE:002059) Business Description

Traded in Other Exchanges
N/A
Address
Bailong Road Expo Park, Yunnan Province, Kunming, CHN, 650224
Yunnan Tourism Co Ltd is engaged in the operation and management of World Expo site tourism in China. The company is also involved in real estate project development and investment.
Executives
Yang Jian Guo Director
Yang Yan Supervisors
Yang Fa Jia Director

Yunnan Tourism Co (SZSE:002059) Headlines

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