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Guangxi Guiguan Electric Power Co (SHSE:600236) Cyclically Adjusted PS Ratio : 4.97 (As of Jun. 09, 2024)


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What is Guangxi Guiguan Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Guangxi Guiguan Electric Power Co's current share price is ¥7.25. Guangxi Guiguan Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.46. Guangxi Guiguan Electric Power Co's Cyclically Adjusted PS Ratio for today is 4.97.

The historical rank and industry rank for Guangxi Guiguan Electric Power Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600236' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.76   Max: 5.97
Current: 4.96

During the past years, Guangxi Guiguan Electric Power Co's highest Cyclically Adjusted PS Ratio was 5.97. The lowest was 1.39. And the median was 2.76.

SHSE:600236's Cyclically Adjusted PS Ratio is ranked worse than
79.39% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.83 vs SHSE:600236: 4.96

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.

Guangxi Guiguan Electric Power Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.248. 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 ¥1.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangxi Guiguan Electric Power Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangxi Guiguan Electric Power 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.

Guangxi Guiguan Electric Power Co Cyclically Adjusted PS Ratio Chart

Guangxi Guiguan Electric Power 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 2.84 2.68 3.93 3.65 3.76

Guangxi Guiguan Electric Power 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 3.58 3.65 3.71 3.76 4.01

Competitive Comparison of Guangxi Guiguan Electric Power Co's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Guangxi Guiguan Electric Power 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.


Guangxi Guiguan Electric Power Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Guangxi Guiguan Electric Power Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangxi Guiguan Electric Power Co's Cyclically Adjusted PS Ratio falls into.



Guangxi Guiguan Electric Power 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.

Guangxi Guiguan Electric Power Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.25/1.46
=4.97

* 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.

Guangxi Guiguan Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guangxi Guiguan Electric Power 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)
=0.248/115.2271*115.2271
=0.248

Current CPI (Mar. 2024) = 115.2271.

Guangxi Guiguan Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.484 98.200 0.568
201409 0.564 98.900 0.657
201412 0.834 99.000 0.971
201503 0.395 99.900 0.456
201506 1.192 99.500 1.380
201509 0.438 100.500 0.502
201512 0.398 100.600 0.456
201603 0.289 102.200 0.326
201606 0.340 101.400 0.386
201609 0.260 102.400 0.293
201612 0.197 102.600 0.221
201703 0.217 103.200 0.242
201706 0.324 103.100 0.362
201709 0.411 104.100 0.455
201712 0.316 104.500 0.348
201803 0.296 105.300 0.324
201806 0.310 104.900 0.341
201809 0.162 106.600 0.175
201812 0.274 106.500 0.296
201903 0.313 107.700 0.335
201906 0.287 107.700 0.307
201909 0.166 109.800 0.174
201912 0.243 111.200 0.252
202003 0.241 112.300 0.247
202006 0.301 110.400 0.314
202009 0.304 111.700 0.314
202012 0.317 111.500 0.328
202103 0.245 112.662 0.251
202106 0.278 111.769 0.287
202109 0.252 112.215 0.259
202112 0.248 113.108 0.253
202203 0.306 114.335 0.308
202206 0.409 114.558 0.411
202209 0.363 115.339 0.363
202212 0.252 115.116 0.252
202303 0.203 115.116 0.203
202306 0.318 114.558 0.320
202309 0.250 115.339 0.250
202312 0.187 114.781 0.188
202403 0.248 115.227 0.248

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.


Guangxi Guiguan Electric Power Co  (SHSE:600236) 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.


Guangxi Guiguan Electric Power Co Cyclically Adjusted PS Ratio Related Terms

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


Guangxi Guiguan Electric Power Co (SHSE:600236) Business Description

Traded in Other Exchanges
N/A
Address
No. 126, National Road, Nanning, CHN, 530022
Guangxi Guiguan Electric Power Co Ltd is engaged in the generation and distribution of electricity in China.
Executives
Lei Hai Cheng Supervisors

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