GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inner Mongolia Chevalese Dairy Group Co Ltd (BJSE:832786) » Definitions » Cyclically Adjusted PS Ratio

Inner Mongolia Chevalese Dairy Group Co (BJSE:832786) Cyclically Adjusted PS Ratio : 1.14 (As of May. 28, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Inner Mongolia Chevalese Dairy Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Inner Mongolia Chevalese Dairy Group Co's current share price is ¥5.22. Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥4.58. Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted PS Ratio for today is 1.14.

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

BJSE:832786' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.4   Max: 1.81
Current: 1.18

During the past 11 years, Inner Mongolia Chevalese Dairy Group Co's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 1.18. And the median was 1.40.

BJSE:832786's Cyclically Adjusted PS Ratio is ranked worse than
61.54% of 1378 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs BJSE:832786: 1.18

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.

Inner Mongolia Chevalese Dairy Group Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥7.630. 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 ¥4.58 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inner Mongolia Chevalese Dairy Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inner Mongolia Chevalese Dairy 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.

Inner Mongolia Chevalese Dairy Group Co Cyclically Adjusted PS Ratio Chart

Inner Mongolia Chevalese Dairy Group 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 - - - - 1.76

Inner Mongolia Chevalese Dairy Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 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 - - - 1.76 -

Competitive Comparison of Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Inner Mongolia Chevalese Dairy 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.


Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted PS Ratio falls into.



Inner Mongolia Chevalese Dairy 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.

Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.22/4.58
=1.14

* 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.

Inner Mongolia Chevalese Dairy Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Inner Mongolia Chevalese Dairy Group Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.63/114.7809*114.7809
=7.630

Current CPI (Dec23) = 114.7809.

Inner Mongolia Chevalese Dairy Group Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.134 99.000 4.793
201512 3.732 100.600 4.258
201612 2.290 102.600 2.562
201712 2.744 104.500 3.014
201812 2.850 106.500 3.072
201912 4.080 111.200 4.211
202012 4.329 111.500 4.456
202112 5.661 113.108 5.745
202212 6.087 115.116 6.069
202312 7.630 114.781 7.630

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.


Inner Mongolia Chevalese Dairy Group Co  (BJSE:832786) 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.


Inner Mongolia Chevalese Dairy Group Co Cyclically Adjusted PS Ratio Related Terms

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


Inner Mongolia Chevalese Dairy Group Co (BJSE:832786) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jianhua South Road, Floor 22, Building B, Building 2, Tianfu Plaza, Jiuyuan, Inner Mongolia Autonomous Region, Baotou, CHN, 014060
Inner Mongolia Chevalese Dairy Group Co Ltd is engaged in corn and sugar beet cultivation, intensive dairy farming and organic raw milk supply and marketing, production and sales of dairy products and milk-containing beverages, and production and sales of white sugar and its by-products.

Inner Mongolia Chevalese Dairy Group Co (BJSE:832786) Headlines

No Headlines