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CCCG Real Estate (SZSE:000736) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 06, 2024)


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What is CCCG Real Estate Cyclically Adjusted PS Ratio?

As of today (2024-06-06), CCCG Real Estate's current share price is ¥9.28. CCCG Real Estate's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥21.04. CCCG Real Estate's Cyclically Adjusted PS Ratio for today is 0.44.

The historical rank and industry rank for CCCG Real Estate's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:000736' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.94   Max: 16.21
Current: 0.46

During the past years, CCCG Real Estate's highest Cyclically Adjusted PS Ratio was 16.21. The lowest was 0.42. And the median was 1.94.

SZSE:000736's Cyclically Adjusted PS Ratio is ranked better than
79.96% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs SZSE:000736: 0.46

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.

CCCG Real Estate's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥4.900. 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 ¥21.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CCCG Real Estate Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CCCG Real Estate'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.

CCCG Real Estate Cyclically Adjusted PS Ratio Chart

CCCG Real Estate 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 0.98 0.81 0.63 1.12 0.48

CCCG Real Estate 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 0.87 0.84 0.70 0.48 0.49

Competitive Comparison of CCCG Real Estate's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, CCCG Real Estate'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.


CCCG Real Estate's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where CCCG Real Estate's Cyclically Adjusted PS Ratio falls into.



CCCG Real Estate 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.

CCCG Real Estate's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.28/21.04
=0.44

* 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.

CCCG Real Estate's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CCCG Real Estate'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)
=4.9/115.2271*115.2271
=4.900

Current CPI (Mar. 2024) = 115.2271.

CCCG Real Estate Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.653 98.200 0.766
201409 0.087 98.900 0.101
201412 0.321 99.000 0.374
201503 0.157 99.900 0.181
201506 0.363 99.500 0.420
201509 0.244 100.500 0.280
201512 1.589 100.600 1.820
201603 0.281 102.200 0.317
201606 0.376 101.400 0.427
201609 2.404 102.400 2.705
201612 4.888 102.600 5.490
201703 0.558 103.200 0.623
201706 1.384 103.100 1.547
201709 1.539 104.100 1.704
201712 8.215 104.500 9.058
201803 1.406 105.300 1.539
201806 4.826 104.900 5.301
201809 0.958 106.600 1.036
201812 6.349 106.500 6.869
201903 1.636 107.700 1.750
201906 0.934 107.700 0.999
201909 4.035 109.800 4.234
201912 14.585 111.200 15.113
202003 2.988 112.300 3.066
202006 5.710 110.400 5.960
202009 2.887 111.700 2.978
202012 6.224 111.500 6.432
202103 2.899 112.662 2.965
202106 4.155 111.769 4.284
202109 1.721 112.215 1.767
202112 8.864 113.108 9.030
202203 5.702 114.335 5.747
202206 11.933 114.558 12.003
202209 4.094 115.339 4.090
202212 37.149 115.116 37.185
202303 3.862 115.116 3.866
202306 8.797 114.558 8.848
202309 3.956 115.339 3.952
202312 30.508 114.781 30.627
202403 4.900 115.227 4.900

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.


CCCG Real Estate  (SZSE:000736) 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.


CCCG Real Estate Cyclically Adjusted PS Ratio Related Terms

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


CCCG Real Estate (SZSE:000736) Business Description

Traded in Other Exchanges
N/A
Address
No. 86, Jianxin North Road, Jiangbei District, Chongqing, CHN, 401120
CCCG Real Estate Corp Ltd operates in the real estate industry. The company is engaged in the design and construction of ports, roads, and bridges. The company also manufactures container handling crane.
Executives
Zhou Dong Executives
Ye Rui Jia Supervisors
Chen Ling Supervisors
Zhong Fei Director
Shen Gong Wei Director
Fang Zhu Supervisors

CCCG Real Estate (SZSE:000736) Headlines

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