GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Camc Engineering Co Ltd (SZSE:002051) » Definitions » Cyclically Adjusted PS Ratio

China Camc Engineering Co (SZSE:002051) Cyclically Adjusted PS Ratio : 0.84 (As of May. 24, 2024)


View and export this data going back to 2006. Start your Free Trial

What is China Camc Engineering Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), China Camc Engineering Co's current share price is ¥7.59. China Camc Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥9.02. China Camc Engineering Co's Cyclically Adjusted PS Ratio for today is 0.84.

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

SZSE:002051' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.29   Max: 4.86
Current: 0.89

During the past years, China Camc Engineering Co's highest Cyclically Adjusted PS Ratio was 4.86. The lowest was 0.63. And the median was 1.29.

SZSE:002051's Cyclically Adjusted PS Ratio is ranked worse than
60.63% of 1280 companies
in the Construction industry
Industry Median: 0.64 vs SZSE:002051: 0.89

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.

China Camc Engineering Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.818. 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 ¥9.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Camc Engineering Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Camc Engineering 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.

China Camc Engineering Co Cyclically Adjusted PS Ratio Chart

China Camc Engineering 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 1.02 0.75 0.77 0.87 0.90

China Camc Engineering 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 1.17 1.33 1.16 0.90 0.83

Competitive Comparison of China Camc Engineering Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, China Camc Engineering 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.


China Camc Engineering Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Camc Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Camc Engineering Co's Cyclically Adjusted PS Ratio falls into.



China Camc Engineering 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.

China Camc Engineering Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.59/9.02
=0.84

* 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.

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

For example, China Camc Engineering 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)
=1.818/115.2271*115.2271
=1.818

Current CPI (Mar. 2024) = 115.2271.

China Camc Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.108 98.200 2.474
201409 1.947 98.900 2.268
201412 2.995 99.000 3.486
201503 1.119 99.900 1.291
201506 1.322 99.500 1.531
201509 1.830 100.500 2.098
201512 2.879 100.600 3.298
201603 1.191 102.200 1.343
201606 1.301 101.400 1.478
201609 1.990 102.400 2.239
201612 2.756 102.600 3.095
201703 1.359 103.200 1.517
201706 1.736 103.100 1.940
201709 2.449 104.100 2.711
201712 4.105 104.500 4.526
201803 1.891 105.300 2.069
201806 2.782 104.900 3.056
201809 3.483 106.600 3.765
201812 2.647 106.500 2.864
201903 2.503 107.700 2.678
201906 1.904 107.700 2.037
201909 1.793 109.800 1.882
201912 2.393 111.200 2.480
202003 1.412 112.300 1.449
202006 1.490 110.400 1.555
202009 1.274 111.700 1.314
202012 2.765 111.500 2.857
202103 1.472 112.662 1.506
202106 1.713 111.769 1.766
202109 2.010 112.215 2.064
202112 1.845 113.108 1.880
202203 2.063 114.335 2.079
202206 1.987 114.558 1.999
202209 1.964 115.339 1.962
202212 1.834 115.116 1.836
202303 2.161 115.116 2.163
202306 2.021 114.558 2.033
202309 2.684 115.339 2.681
202312 3.068 114.781 3.080
202403 1.818 115.227 1.818

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.


China Camc Engineering Co  (SZSE:002051) 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.


China Camc Engineering Co Cyclically Adjusted PS Ratio Related Terms

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


China Camc Engineering Co (SZSE:002051) Business Description

Traded in Other Exchanges
N/A
Address
CEC Plaze, No. 3 Danling Street, Haidian District, Beijing, CHN, 100080
China Camc Engineering Co Ltd is a China-based company engaged in the business of engineering procurement construction (EPC) projects, domestic and overseas investment and trade. It is principally engaged in providing engineering contracting services for projects including industrial, agricultural, water engineering, power, communications, mining, and petrochemical. The company also trades agricultural products and materials. The organization has its business presence in Asia, Africa, America and Eastern Europe.

China Camc Engineering Co (SZSE:002051) Headlines

No Headlines