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Beijing Capital International Airport Co (Beijing Capital International Airport Co) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Beijing Capital International Airport Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Capital International Airport Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing Capital International Airport 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.

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Beijing Capital International Airport Co Cyclically Adjusted PS Ratio Chart

Beijing Capital International Airport Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Beijing Capital International Airport Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Beijing Capital International Airport Co's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Beijing Capital International Airport 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.


Beijing Capital International Airport Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's Cyclically Adjusted PS Ratio falls into.



Beijing Capital International Airport 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.

Beijing Capital International Airport Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Beijing Capital International Airport Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/117.2957*117.2957
=0.000

Current CPI (Dec. 2023) = 117.2957.

Beijing Capital International Airport Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
199912 0.000 79.100 0.000
200012 0.000 77.508 0.000
200112 0.000 74.722 0.000
200212 0.000 73.628 0.000
200312 0.000 72.235 0.000
200412 0.000 72.444 0.000
200712 0.000 77.941 0.000
200812 0.000 79.590 0.000
200906 0.000 79.260 0.000
200912 0.000 80.799 0.000
201006 0.000 81.568 0.000
201012 0.000 83.217 0.000
201106 0.000 86.185 0.000
201112 0.000 87.944 0.000
201206 0.000 89.373 0.000
201212 0.000 91.132 0.000
201306 0.000 93.001 0.000
201312 0.000 95.090 0.000
201406 0.000 96.409 0.000
201412 0.000 99.707 0.000
201506 0.000 99.267 0.000
201512 0.000 102.015 0.000
201606 0.000 101.686 0.000
201612 0.000 103.225 0.000
201706 0.000 103.664 0.000
201712 0.000 104.984 0.000
201806 0.000 106.193 0.000
201812 0.000 107.622 0.000
201906 0.000 109.601 0.000
201912 0.000 110.700 0.000
202006 0.000 110.590 0.000
202012 0.000 109.711 0.000
202106 0.000 111.360 0.000
202112 0.000 112.349 0.000
202206 0.000 113.448 0.000
202209 0.102 113.778 0.105
202212 0.075 114.548 0.077
202306 0.000 115.647 0.000
202309 0.186 116.087 0.188
202312 0.000 117.296 0.000

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.


Beijing Capital International Airport Co  (OTCPK:BJCHY) 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.


Beijing Capital International Airport Co Cyclically Adjusted PS Ratio Related Terms

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Beijing Capital International Airport Co (Beijing Capital International Airport Co) Business Description

Traded in Other Exchanges
Address
979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is primarily engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals.

Beijing Capital International Airport Co (Beijing Capital International Airport Co) Headlines

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