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Tahoe Group Co (SZSE:000732) Cyclically Adjusted PS Ratio : 0.06 (As of May. 27, 2024)


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What is Tahoe Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Tahoe Group Co's current share price is ¥0.43. Tahoe Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 was ¥6.65. Tahoe Group Co's Cyclically Adjusted PS Ratio for today is 0.06.

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

SZSE:000732's Cyclically Adjusted PS Ratio is not ranked *
in the Real Estate industry.
Industry Median: 1.725
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Tahoe Group Co's adjusted revenue per share data for the three months ended in Mar. 2023 was ¥0.389. 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 ¥6.65 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tahoe Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tahoe Group 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.

Tahoe Group Co Cyclically Adjusted PS Ratio Chart

Tahoe Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 0.99 0.52 0.35 0.20

Tahoe Group Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.53 0.21 0.18 0.20 0.17

Competitive Comparison of Tahoe Group Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Tahoe Group 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.


Tahoe Group Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tahoe Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tahoe Group 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.

Tahoe Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.43/6.65
=0.06

* 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.

Tahoe Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Tahoe Group Co's adjusted Revenue per Share data for the three months ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.389/115.1156*115.1156
=0.389

Current CPI (Mar. 2023) = 115.1156.

Tahoe Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.529 95.984 0.634
201309 0.308 97.332 0.364
201312 1.642 97.624 1.936
201403 0.521 98.600 0.608
201406 0.586 98.200 0.687
201409 0.636 98.900 0.740
201412 2.372 99.000 2.758
201503 0.565 99.900 0.651
201506 1.482 99.500 1.715
201509 1.164 100.500 1.333
201512 3.336 100.600 3.817
201603 1.424 102.200 1.604
201606 1.235 101.400 1.402
201609 1.937 102.400 2.178
201612 3.732 102.600 4.187
201703 1.773 103.200 1.978
201706 1.814 103.100 2.025
201709 2.836 104.100 3.136
201712 3.354 104.500 3.695
201803 2.407 105.300 2.631
201806 2.691 104.900 2.953
201809 2.771 106.600 2.992
201812 4.584 106.500 4.955
201903 2.995 107.700 3.201
201906 2.833 107.700 3.028
201909 2.687 109.800 2.817
201912 0.975 111.200 1.009
202003 0.193 112.300 0.198
202006 0.797 110.400 0.831
202009 0.138 111.700 0.142
202012 0.324 111.500 0.335
202103 0.159 112.662 0.162
202106 0.107 111.769 0.110
202109 0.369 112.215 0.379
202112 1.338 113.108 1.362
202203 0.099 114.335 0.100
202206 1.188 114.558 1.194
202209 0.828 115.339 0.826
202212 1.422 115.116 1.422
202303 0.389 115.116 0.389

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.


Tahoe Group Co  (SZSE:000732) 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.


Tahoe Group Co Cyclically Adjusted PS Ratio Related Terms

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


Tahoe Group Co (SZSE:000732) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 East Second Ring Road, Cross Island Road, Taihe square, Taihe center, 20-31 layer, Jinan District, Fuzhou, CHN, 350001
Tahoe Group Co Ltd is a real estate development company. The portfolio owned by the firm includes office buildings, hotel apartments, and commercial pedestrian streets. Geographically, the business operations of the company are located across China mainly in Beijing and Shanghai.
Executives
Shen Li Nan Executives
Ge Yong Directors, executives
Zhu Jin Kang Executives
Huang Qi Sen Directors, executives
Ding Yu Kun Supervisors

Tahoe Group Co (SZSE:000732) Headlines

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