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Guizhou Panjiang Refined Coal Co (SHSE:600395) Cyclically Adjusted PS Ratio : 1.53 (As of Jun. 09, 2024)


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What is Guizhou Panjiang Refined Coal Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Guizhou Panjiang Refined Coal Co's current share price is ¥6.46. Guizhou Panjiang Refined Coal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.23. Guizhou Panjiang Refined Coal Co's Cyclically Adjusted PS Ratio for today is 1.53.

The historical rank and industry rank for Guizhou Panjiang Refined Coal Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600395' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.72   Max: 3.78
Current: 1.53

During the past years, Guizhou Panjiang Refined Coal Co's highest Cyclically Adjusted PS Ratio was 3.78. The lowest was 1.26. And the median was 1.72.

SHSE:600395's Cyclically Adjusted PS Ratio is ranked worse than
64.22% of 109 companies
in the Other Energy Sources industry
Industry Median: 1.13 vs SHSE:600395: 1.53

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.

Guizhou Panjiang Refined Coal Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.914. 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 ¥4.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guizhou Panjiang Refined Coal Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guizhou Panjiang Refined Coal 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.

Guizhou Panjiang Refined Coal Co Cyclically Adjusted PS Ratio Chart

Guizhou Panjiang Refined Coal 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 1.53 1.97 1.78 1.61 1.47

Guizhou Panjiang Refined Coal 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 1.71 1.65 1.46 1.47 1.44

Competitive Comparison of Guizhou Panjiang Refined Coal Co's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Guizhou Panjiang Refined Coal 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.


Guizhou Panjiang Refined Coal Co's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Guizhou Panjiang Refined Coal Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guizhou Panjiang Refined Coal Co's Cyclically Adjusted PS Ratio falls into.



Guizhou Panjiang Refined Coal 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.

Guizhou Panjiang Refined Coal Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.46/4.23
=1.53

* 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.

Guizhou Panjiang Refined Coal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guizhou Panjiang Refined Coal 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)
=0.914/115.2271*115.2271
=0.914

Current CPI (Mar. 2024) = 115.2271.

Guizhou Panjiang Refined Coal Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.859 98.200 1.008
201409 0.698 98.900 0.813
201412 0.821 99.000 0.956
201503 0.626 99.900 0.722
201506 0.589 99.500 0.682
201509 0.488 100.500 0.560
201512 0.712 100.600 0.816
201603 0.448 102.200 0.505
201606 0.481 101.400 0.547
201609 0.561 102.400 0.631
201612 0.941 102.600 1.057
201703 0.875 103.200 0.977
201706 0.878 103.100 0.981
201709 0.867 104.100 0.960
201712 1.047 104.500 1.154
201803 0.897 105.300 0.982
201806 0.888 104.900 0.975
201809 0.900 106.600 0.973
201812 0.994 106.500 1.075
201903 0.996 107.700 1.066
201906 0.992 107.700 1.061
201909 1.129 109.800 1.185
201912 1.035 111.200 1.072
202003 0.885 112.300 0.908
202006 1.026 110.400 1.071
202009 1.031 111.700 1.064
202012 1.020 111.500 1.054
202103 1.062 112.662 1.086
202106 1.120 111.769 1.155
202109 1.535 112.215 1.576
202112 2.154 113.108 2.194
202203 1.735 114.335 1.749
202206 1.282 114.558 1.289
202209 1.691 115.339 1.689
202212 1.410 115.116 1.411
202303 1.331 115.116 1.332
202306 1.132 114.558 1.139
202309 1.085 115.339 1.084
202312 0.829 114.781 0.832
202403 0.914 115.227 0.914

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.


Guizhou Panjiang Refined Coal Co  (SHSE:600395) 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.


Guizhou Panjiang Refined Coal Co Cyclically Adjusted PS Ratio Related Terms

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


Guizhou Panjiang Refined Coal Co (SHSE:600395) Business Description

Traded in Other Exchanges
N/A
Address
Gangou Bridge, Hongguo Economic Development Zone, Guizhou, Liupanshui, CHN, 553536
Guizhou Panjiang Refined Coal Co Ltd is engaged in coal development in Panjiang Mining Area. The company produces gas to coal, fat coal, 1/3 coking coal, and main coking coal, Thin coal, lean coal, anthracite, reserves and coal species.

Guizhou Panjiang Refined Coal Co (SHSE:600395) Headlines

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