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Huaxin Cement Co (SHSE:600801) Cyclically Adjusted PS Ratio : 1.19 (As of May. 26, 2024)


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What is Huaxin Cement Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Huaxin Cement Co's current share price is ¥15.36. Huaxin Cement Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥12.90. Huaxin Cement Co's Cyclically Adjusted PS Ratio for today is 1.19.

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

SHSE:600801' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.36   Max: 2.87
Current: 1.19

During the past years, Huaxin Cement Co's highest Cyclically Adjusted PS Ratio was 2.87. The lowest was 0.71. And the median was 1.36.

SHSE:600801's Cyclically Adjusted PS Ratio is ranked worse than
57.55% of 318 companies
in the Building Materials industry
Industry Median: 0.985 vs SHSE:600801: 1.19

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.

Huaxin Cement Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥3.193. 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 ¥12.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaxin Cement Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Huaxin Cement 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.

Huaxin Cement Co Cyclically Adjusted PS Ratio Chart

Huaxin Cement 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 2.77 2.02 1.74 1.23 0.98

Huaxin Cement 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 1.28 1.00 1.19 0.98 1.06

Competitive Comparison of Huaxin Cement Co's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Huaxin Cement 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.


Huaxin Cement Co's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Huaxin Cement Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Huaxin Cement 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.

Huaxin Cement Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.36/12.9
=1.19

* 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.

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

For example, Huaxin Cement 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)
=3.193/115.2271*115.2271
=3.193

Current CPI (Mar. 2024) = 115.2271.

Huaxin Cement Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.177 98.200 2.554
201409 1.859 98.900 2.166
201412 2.331 99.000 2.713
201503 1.397 99.900 1.611
201506 1.704 99.500 1.973
201509 1.373 100.500 1.574
201512 2.015 100.600 2.308
201603 1.134 102.200 1.279
201606 2.961 101.400 3.365
201609 1.602 102.400 1.803
201612 1.900 102.600 2.134
201703 1.750 103.200 1.954
201706 2.827 103.100 3.160
201709 2.320 104.100 2.568
201712 3.156 104.500 3.480
201803 2.125 105.300 2.325
201806 3.586 104.900 3.939
201809 3.409 106.600 3.685
201812 3.989 106.500 4.316
201903 2.837 107.700 3.035
201906 4.039 107.700 4.321
201909 3.847 109.800 4.037
201912 4.307 111.200 4.463
202003 1.848 112.300 1.896
202006 4.176 110.400 4.359
202009 3.763 111.700 3.882
202012 4.225 111.500 4.366
202103 2.950 112.662 3.017
202106 4.204 111.769 4.334
202109 3.700 112.215 3.799
202112 4.766 113.108 4.855
202203 3.111 114.335 3.135
202206 3.886 114.558 3.909
202209 3.508 115.339 3.505
202212 3.942 115.116 3.946
202303 3.208 115.116 3.211
202306 4.345 114.558 4.370
202309 3.902 115.339 3.898
202312 4.520 114.781 4.538
202403 3.193 115.227 3.193

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.


Huaxin Cement Co  (SHSE:600801) 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.


Huaxin Cement Co Cyclically Adjusted PS Ratio Related Terms

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


Huaxin Cement Co (SHSE:600801) Business Description

Traded in Other Exchanges
Address
No.426, Gaoxin Avenue, Tower B, Huaxin Tower, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Huaxin Cement Co Ltd is engaged in the production and distribution of cement, ready-mix concrete, cement equipment, and cement packaging products. It is also engaged in environmental protection, equipment manufacturing, EPC engineering, Project consulting, and high-tech building materials. Its products include 32.5 type cement, 42.5 type and above cement, Commercial clinker, Concrete, Aggregate, and others. Its geographical segments include China, Tajikistan, and Cambodia, out of which the majority of the revenue is generated from China.
Executives
Chen Qian senior management
Li Ye Qing Director
Ming Jin Hua Supervisors
Liu Feng Shan Directors, senior managers
Ye Jia Xing senior management
Xu Gang senior management
Liu Yun Xia senior management
Mei Xiang Fu senior management
Yuan De Zu senior management
Wang Jia Jun senior management
Yang Hong Bing senior management
Ke You Liang senior management
Du Ping senior management
Zhang Lin Supervisors
Peng Qing Yu Supervisors

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