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CRRC (FRA:C2L) Cyclically Adjusted PS Ratio : 0.48 (As of May. 20, 2024)


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What is CRRC Cyclically Adjusted PS Ratio?

As of today (2024-05-20), CRRC's current share price is €0.565. CRRC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.17. CRRC's Cyclically Adjusted PS Ratio for today is 0.48.

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

FRA:C2L' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.41   Max: 0.97
Current: 0.49

During the past years, CRRC's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.24. And the median was 0.41.

FRA:C2L's Cyclically Adjusted PS Ratio is ranked better than
68.02% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs FRA:C2L: 0.49

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.

CRRC's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.163. 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 €1.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRRC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CRRC'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.

CRRC Cyclically Adjusted PS Ratio Chart

CRRC 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 0.56 0.26 0.33 0.31 0.34

CRRC 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 0.42 0.42 0.37 0.34 0.42

Competitive Comparison of CRRC's Cyclically Adjusted PS Ratio

For the Railroads subindustry, CRRC'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.


CRRC's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CRRC 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.

CRRC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.565/1.17
=0.48

* 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.

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

For example, CRRC'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)
=0.163/115.2271*115.2271
=0.163

Current CPI (Mar. 2024) = 115.2271.

CRRC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.318 98.200 0.373
201409 0.285 98.900 0.332
201412 0.372 99.000 0.433
201503 0.215 99.900 0.248
201506 0.277 99.500 0.321
201509 0.282 100.500 0.323
201512 0.482 100.600 0.552
201603 0.196 102.200 0.221
201606 0.292 101.400 0.332
201609 0.263 102.400 0.296
201612 0.382 102.600 0.429
201703 0.158 103.200 0.176
201706 0.222 103.100 0.248
201709 0.234 104.100 0.259
201712 0.286 104.500 0.315
201803 0.133 105.300 0.146
201806 0.261 104.900 0.287
201809 0.212 106.600 0.229
201812 0.367 106.500 0.397
201903 0.176 107.700 0.188
201906 0.241 107.700 0.258
201909 0.257 109.800 0.270
201912 0.309 111.200 0.320
202003 0.115 112.300 0.118
202006 0.247 110.400 0.258
202009 0.238 111.700 0.246
202012 0.329 111.500 0.340
202103 0.200 112.662 0.205
202106 0.231 111.769 0.238
202109 0.236 112.215 0.242
202112 0.374 113.108 0.381
202203 0.200 114.335 0.202
202206 0.205 114.558 0.206
202209 0.268 115.339 0.268
202212 0.429 115.116 0.429
202303 0.143 115.116 0.143
202306 0.263 114.558 0.265
202309 0.237 115.339 0.237
202312 0.444 114.781 0.446
202403 0.163 115.227 0.163

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.


CRRC  (FRA:C2L) 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.


CRRC Cyclically Adjusted PS Ratio Related Terms

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


CRRC (FRA:C2L) Business Description

Industry
Traded in Other Exchanges
Address
No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd manufactures products which are used for transportation through railroads. Its product portfolio includes rolling stock, rail transit vehicles, engineering machinery, electrical equipment and related parts, and environmental protection products. The company also engages in allied activities like refurbishment, leasing, technical support to clients, investment, and management, as well as import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.

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