Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) Cyclically Adjusted PS Ratio : 0.69 (As of Jun. 06, 2024)

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What is Jinhui Shipping and Transportation Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Jinhui Shipping and Transportation's current share price is $0.825. Jinhui Shipping and Transportation's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.19. Jinhui Shipping and Transportation's Cyclically Adjusted PS Ratio for today is 0.69.

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

JNSTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.57 Max: 1.9
Current: 0.84

During the past years, Jinhui Shipping and Transportation's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.24. And the median was 0.57.

JNSTF's Cyclically Adjusted PS Ratio is ranked better than
50.61% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs JNSTF: 0.84

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.

Jinhui Shipping and Transportation's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.255. 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 $1.19 for the trailing ten years ended in Mar. 2024.

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Jinhui Shipping and Transportation Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jinhui Shipping and Transportation'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.

Jinhui Shipping and Transportation Cyclically Adjusted PS Ratio Chart

Jinhui Shipping and Transportation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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0.37

0.31

1.12

0.82

0.65

Jinhui Shipping and Transportation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															0.82	0.87	0.66	0.65	0.69

Competitive Comparison of Jinhui Shipping and Transportation's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Jinhui Shipping and Transportation'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.

Jinhui Shipping and Transportation's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Jinhui Shipping and Transportation's Cyclically Adjusted PS Ratio falls into.

Jinhui Shipping and Transportation 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.

Jinhui Shipping and Transportation's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.825	/	1.19
	=	0.69

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

For example, Jinhui Shipping and Transportation'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)
	=	0.255	/	117.7354	*	117.7354
	=	0.255

Current CPI (Mar. 2024) = 117.7354.

Jinhui Shipping and Transportation Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201403	0.434	95.749	0.534
201406	0.454	96.409	0.554
201409	0.320	97.948	0.385
201412	0.357	99.707	0.422
201503	0.263	99.927	0.310
201506	0.239	99.267	0.283
201509	0.286	99.927	0.337
201512	0.233	102.015	0.269
201603	0.118	102.785	0.135
201606	0.178	101.686	0.206
201609	0.226	102.565	0.259
201612	0.189	103.225	0.216
201703	0.182	103.335	0.207
201706	0.226	103.664	0.257
201709	0.180	103.994	0.204
201712	0.193	104.984	0.216
201803	0.165	105.973	0.183
201806	0.202	106.193	0.224
201809	0.168	106.852	0.185
201812	0.162	107.622	0.177
201903	0.117	108.172	0.127
201906	0.128	109.601	0.138
201909	0.152	110.260	0.162
201912	0.181	110.700	0.193
202003	0.084	110.920	0.089
202006	0.078	110.590	0.083
202009	0.130	107.512	0.142
202012	0.139	109.711	0.149
202103	0.148	111.579	0.156
202106	0.292	111.360	0.309
202109	0.370	109.051	0.399
202112	0.390	112.349	0.409
202203	0.299	113.558	0.310
202206	0.463	113.448	0.480
202209	0.362	113.778	0.375
202212	0.271	114.548	0.279
202303	0.132	115.427	0.135
202309	0.183	116.087	0.186
202312	0.225	117.296	0.226
202403	0.255	117.735	0.255

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.

Jinhui Shipping and Transportation (OTCPK:JNSTF) 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.

Jinhui Shipping and Transportation Cyclically Adjusted PS Ratio Related Terms

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

Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinhui Shipping and Transportation Ltd (OTCPK:JNSTF) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

JINO:Sweden JIN:Norway

Address

1-6 Connaught Road West, 26th Floor, Yardley Commercial Building, Hong Kong, HKG

Website

http://www.jinhuiship.com/jst

Jinhui Shipping and Transportation Ltd is an investment holding company. It operates its business through its subsidiaries. It principal activities of the business are ship chartering and ship owning. Geographically, it operates in various countries like China, Singapore, Ireland, South Korea, and Thailand. The majority of the revenue comes from the Singapore.