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Yunnan Energy Investment Co (SZSE:002053) Cyclically Adjusted PS Ratio : 3.58 (As of May. 26, 2024)


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What is Yunnan Energy Investment Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Yunnan Energy Investment Co's current share price is ¥12.75. Yunnan Energy Investment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.56. Yunnan Energy Investment Co's Cyclically Adjusted PS Ratio for today is 3.58.

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

SZSE:002053' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.46   Max: 4.54
Current: 3.58

During the past years, Yunnan Energy Investment Co's highest Cyclically Adjusted PS Ratio was 4.54. The lowest was 1.47. And the median was 2.46.

SZSE:002053's Cyclically Adjusted PS Ratio is ranked worse than
82.23% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs SZSE:002053: 3.58

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.

Yunnan Energy Investment Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.059. 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 ¥3.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yunnan Energy Investment Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yunnan Energy Investment 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.

Yunnan Energy Investment Co Cyclically Adjusted PS Ratio Chart

Yunnan Energy Investment 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 1.65 1.82 2.41 2.87 2.69

Yunnan Energy Investment 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 2.77 3.02 2.82 2.69 3.07

Competitive Comparison of Yunnan Energy Investment Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Yunnan Energy Investment 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.


Yunnan Energy Investment Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yunnan Energy Investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Yunnan Energy Investment Co's Cyclically Adjusted PS Ratio falls into.



Yunnan Energy Investment 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.

Yunnan Energy Investment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.75/3.56
=3.58

* 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.

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

For example, Yunnan Energy Investment 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)
=1.059/115.2271*115.2271
=1.059

Current CPI (Mar. 2024) = 115.2271.

Yunnan Energy Investment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.112 98.200 1.305
201409 1.198 98.900 1.396
201412 1.701 99.000 1.980
201503 1.012 99.900 1.167
201506 0.939 99.500 1.087
201509 2.463 100.500 2.824
201512 1.155 100.600 1.323
201603 0.582 102.200 0.656
201606 0.624 101.400 0.709
201609 0.573 102.400 0.645
201612 0.827 102.600 0.929
201703 0.583 103.200 0.651
201706 0.744 103.100 0.832
201709 0.682 104.100 0.755
201712 0.581 104.500 0.641
201803 0.615 105.300 0.673
201806 0.547 104.900 0.601
201809 0.464 106.600 0.502
201812 0.786 106.500 0.850
201903 0.682 107.700 0.730
201906 0.588 107.700 0.629
201909 0.486 109.800 0.510
201912 0.784 111.200 0.812
202003 0.696 112.300 0.714
202006 0.638 110.400 0.666
202009 0.483 111.700 0.498
202012 0.799 111.500 0.826
202103 0.723 112.662 0.739
202106 0.680 111.769 0.701
202109 0.638 112.215 0.655
202112 1.045 113.108 1.065
202203 0.819 114.335 0.825
202206 0.791 114.558 0.796
202209 0.778 115.339 0.777
202212 0.934 115.116 0.935
202303 0.731 115.116 0.732
202306 0.670 114.558 0.674
202309 0.730 115.339 0.729
202312 1.024 114.781 1.028
202403 1.059 115.227 1.059

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.


Yunnan Energy Investment Co  (SZSE:002053) 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.


Yunnan Energy Investment Co Cyclically Adjusted PS Ratio Related Terms

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


Yunnan Energy Investment Co (SZSE:002053) Business Description

Traded in Other Exchanges
N/A
Address
No. 276, Yunnan Spring City Road, Guandu District, Yunnan Province, Kunming, CHN, 650200
Yunnan Energy Investment Co Ltd is a China-based company engaged in the inorganic chemicals industry. It is involved in the production and sales of salt, industrial salt, daily salt, thenardite and other products. In addition, the company is also involved in the construction and operation of the natural gas pipeline network.
Executives
Shen Jun Supervisors
Kong Li Hua Director
Zhu De Gui Director

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