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Jiangsu Financial Leasing Co (SHSE:600901) Cyclically Adjusted PS Ratio : 6.40 (As of Jun. 06, 2024)


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What is Jiangsu Financial Leasing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Jiangsu Financial Leasing Co's current share price is ¥5.25. Jiangsu Financial Leasing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.82. Jiangsu Financial Leasing Co's Cyclically Adjusted PS Ratio for today is 6.40.

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

SHSE:600901' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.06   Med: 5.74   Max: 6.63
Current: 6.42

During the past years, Jiangsu Financial Leasing Co's highest Cyclically Adjusted PS Ratio was 6.63. The lowest was 5.06. And the median was 5.74.

SHSE:600901's Cyclically Adjusted PS Ratio is ranked worse than
71.13% of 381 companies
in the Credit Services industry
Industry Median: 2.97 vs SHSE:600901: 6.42

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.

Jiangsu Financial Leasing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.234. 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 ¥0.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Financial Leasing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jiangsu Financial Leasing 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.

Jiangsu Financial Leasing Co Cyclically Adjusted PS Ratio Chart

Jiangsu Financial Leasing 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 - - - 4.87 5.95

Jiangsu Financial Leasing 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 5.19 5.12 5.69 5.95 5.77

Competitive Comparison of Jiangsu Financial Leasing Co's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Jiangsu Financial Leasing 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.


Jiangsu Financial Leasing Co's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jiangsu Financial Leasing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Financial Leasing Co's Cyclically Adjusted PS Ratio falls into.



Jiangsu Financial Leasing 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.

Jiangsu Financial Leasing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.25/0.82
=6.40

* 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.

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

For example, Jiangsu Financial Leasing 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)
=0.234/115.2271*115.2271
=0.234

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Financial Leasing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.000 89.289 0.000
201106 0.000 91.612 0.000
201112 0.000 92.885 0.000
201206 0.000 93.495 0.000
201212 0.000 95.237 0.000
201306 0.000 95.984 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201703 0.179 103.200 0.200
201706 0.148 103.100 0.165
201709 0.135 104.100 0.149
201712 0.130 104.500 0.143
201803 0.172 105.300 0.188
201806 0.131 104.900 0.144
201809 0.135 106.600 0.146
201812 0.147 106.500 0.159
201903 0.165 107.700 0.177
201906 0.171 107.700 0.183
201909 0.189 109.800 0.198
201912 0.208 111.200 0.216
202003 0.221 112.300 0.227
202006 0.218 110.400 0.228
202009 0.234 111.700 0.241
202012 0.227 111.500 0.235
202103 0.254 112.662 0.260
202106 0.237 111.769 0.244
202109 0.215 112.215 0.221
202112 0.208 113.108 0.212
202203 0.199 114.335 0.201
202206 0.241 114.558 0.242
202209 0.223 115.339 0.223
202212 0.224 115.116 0.224
202303 0.249 115.116 0.249
202306 0.196 114.558 0.197
202309 0.240 115.339 0.240
202312 0.205 114.781 0.206
202403 0.234 115.227 0.234

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.


Jiangsu Financial Leasing Co  (SHSE:600901) 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.


Jiangsu Financial Leasing Co Cyclically Adjusted PS Ratio Related Terms

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Jiangsu Financial Leasing Co (SHSE:600901) Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Shanxi Road, Floor 26th and 27th, Nanjing, CHN, 210009
Jiangsu Financial Leasing Co Ltd is a China-based non-bank financial institution provides financial leasing services.
Executives
Xiong Xian Gen Directors, senior managers
Zheng Yin Sheng senior management
Jiang Yong Directors, senior managers
Han Lei Director
Zhou Bai Qing Directors, senior managers
Zhu Qiang senior management
Zhang Chun Biao senior management
Zhang Yi Qin Supervisors
Wu Yun senior management
Liu Ming senior management

Jiangsu Financial Leasing Co (SHSE:600901) Headlines

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