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Guangdong Investment (Guangdong Investment) Cyclically Adjusted PS Ratio : 1.62 (As of Jun. 09, 2024)


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What is Guangdong Investment Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Guangdong Investment's current share price is $29.12. Guangdong Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $18.01. Guangdong Investment's Cyclically Adjusted PS Ratio for today is 1.62.

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

GGDVY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 7.58   Max: 10.9
Current: 1.67

During the past 13 years, Guangdong Investment's highest Cyclically Adjusted PS Ratio was 10.90. The lowest was 1.19. And the median was 7.58.

GGDVY's Cyclically Adjusted PS Ratio is ranked worse than
61.83% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.265 vs GGDVY: 1.67

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.

Guangdong Investment's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $23.698. 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 $18.01 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangdong Investment'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.

Guangdong Investment Cyclically Adjusted PS Ratio Chart

Guangdong Investment 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 9.42 7.24 4.33 3.15 2.02

Guangdong Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.33 - 3.15 - 2.02

Competitive Comparison of Guangdong Investment's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, Guangdong Investment'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.


Guangdong Investment's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Guangdong Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Guangdong Investment 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.

Guangdong Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.12/18.01
=1.62

* 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.

Guangdong Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Guangdong Investment's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=23.698/117.2957*117.2957
=23.698

Current CPI (Dec23) = 117.2957.

Guangdong Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.686 99.707 10.218
201512 9.447 102.015 10.862
201612 10.758 103.225 12.224
201712 12.049 104.984 13.462
201812 13.065 107.622 14.239
201912 16.356 110.700 17.331
202012 22.862 109.711 24.443
202112 29.140 112.349 30.423
202212 22.786 114.548 23.333
202312 23.698 117.296 23.698

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.


Guangdong Investment  (OTCPK:GGDVY) 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.


Guangdong Investment Cyclically Adjusted PS Ratio Related Terms

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


Guangdong Investment (Guangdong Investment) Business Description

Traded in Other Exchanges
Address
148 Connaught Road Central, 28th and 29th Floors, Guangdong Investment Tower, Hong Kong, HKG
Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.

Guangdong Investment (Guangdong Investment) Headlines