Cosco Shipping Development Co (Cosco Shipping Development Co) Cyclically Adjusted PS Ratio : 1.57 (As of May. 24, 2024)

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What is Cosco Shipping Development Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Cosco Shipping Development Co's current share price is $0.1253. Cosco Shipping Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.08. Cosco Shipping Development Co's Cyclically Adjusted PS Ratio for today is 1.57.

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

CITAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1.15 Max: 2.05
Current: 1.31

During the past years, Cosco Shipping Development Co's highest Cyclically Adjusted PS Ratio was 2.05. The lowest was 0.71. And the median was 1.15.

CITAF's Cyclically Adjusted PS Ratio is ranked better than
55.61% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.56 vs CITAF: 1.31

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.

Cosco Shipping Development Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.051. 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 $0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Cosco Shipping Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cosco Shipping Development 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.

Cosco Shipping Development Co Cyclically Adjusted PS Ratio Chart

Cosco Shipping Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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1.00

1.25

1.34

1.05

1.13

Cosco Shipping Development 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															1.10	1.14	1.12	1.13	1.15

Competitive Comparison of Cosco Shipping Development Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Cosco Shipping Development 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.

Cosco Shipping Development Co's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Cyclically Adjusted PS Ratio falls into.

Cosco Shipping Development 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.

Cosco Shipping Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.1253	/	0.08
	=	1.57

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

For example, Cosco Shipping Development 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)
	=	0.051	/	115.2271	*	115.2271
	=	0.051

Current CPI (Mar. 2024) = 115.2271.

Cosco Shipping Development Co Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.122	98.200	0.143
201409	0.128	98.900	0.149
201412	0.131	99.000	0.152
201503	0.127	99.900	0.146
201506	0.127	99.500	0.147
201509	0.122	100.500	0.140
201512	0.121	100.600	0.139
201603	0.071	102.200	0.080
201606	0.043	101.400	0.049
201609	0.045	102.400	0.051
201612	0.045	102.600	0.051
201703	0.047	103.200	0.052
201706	0.051	103.100	0.057
201709	0.056	104.100	0.062
201712	0.054	104.500	0.060
201803	0.051	105.300	0.056
201806	0.063	104.900	0.069
201809	0.061	106.600	0.066
201812	0.040	106.500	0.043
201903	0.041	107.700	0.044
201906	0.046	107.700	0.049
201909	0.041	109.800	0.043
201912	0.029	111.200	0.030
202003	0.036	112.300	0.037
202006	0.041	110.400	0.043
202009	0.056	111.700	0.058
202012	0.083	111.500	0.086
202103	0.074	112.662	0.076
202106	0.138	111.769	0.142
202109	0.154	112.215	0.158
202112	0.109	113.108	0.111
202203	0.073	114.335	0.074
202206	0.077	114.558	0.077
202209	0.063	115.339	0.063
202212	0.068	115.116	0.068
202303	0.038	115.116	0.038
202306	0.022	114.558	0.022
202309	0.049	115.339	0.049
202312	0.053	114.781	0.053
202403	0.051	115.227	0.051

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.

Cosco Shipping Development Co (OTCPK:CITAF) 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.

Cosco Shipping Development Co Cyclically Adjusted PS Ratio Related Terms

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

Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cosco Shipping Development Co Ltd (OTCPK:CITAF) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

CITAY:USA 02866:Hong Kong EZ5:Germany 601866:China

Address

Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127

Website

https://www.cscl.com.cn

COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

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