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China Jinmao Holdings Group (China Jinmao Holdings Group) Cyclically Adjusted PS Ratio : 0.15 (As of Jun. 09, 2024)


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What is China Jinmao Holdings Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), China Jinmao Holdings Group's current share price is $15.37. China Jinmao Holdings Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $100.62. China Jinmao Holdings Group's Cyclically Adjusted PS Ratio for today is 0.15.

The historical rank and industry rank for China Jinmao Holdings Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRSHY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 1.38   Max: 2.84
Current: 0.14

During the past 13 years, China Jinmao Holdings Group's highest Cyclically Adjusted PS Ratio was 2.84. The lowest was 0.10. And the median was 1.38.

FRSHY's Cyclically Adjusted PS Ratio is ranked better than
92.39% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs FRSHY: 0.14

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 Jinmao Holdings Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $37.947. 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 $100.62 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Jinmao Holdings Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Jinmao Holdings Group'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 Jinmao Holdings Group Cyclically Adjusted PS Ratio Chart

China Jinmao Holdings Group 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 2.33 1.15 0.60 0.38 0.15

China Jinmao Holdings Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.60 - 0.38 - 0.15

Competitive Comparison of China Jinmao Holdings Group's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, China Jinmao Holdings Group'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 Jinmao Holdings Group's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where China Jinmao Holdings Group's Cyclically Adjusted PS Ratio falls into.



China Jinmao Holdings Group 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 Jinmao Holdings Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.37/100.62
=0.15

* 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 Jinmao Holdings Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Jinmao Holdings Group'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)
=37.947/117.2957*117.2957
=37.947

Current CPI (Dec23) = 117.2957.

China Jinmao Holdings Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 17.649 99.707 20.762
201512 11.839 102.015 13.612
201612 16.361 103.225 18.591
201712 21.301 104.984 23.799
201812 24.328 107.622 26.515
201912 26.410 110.700 27.984
202012 37.460 109.711 40.050
202112 55.641 112.349 58.091
202212 46.665 114.548 47.785
202312 37.947 117.296 37.947

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 Jinmao Holdings Group  (OTCPK:FRSHY) 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 Jinmao Holdings Group Cyclically Adjusted PS Ratio Related Terms

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China Jinmao Holdings Group (China Jinmao Holdings Group) Business Description

Traded in Other Exchanges
Address
No. 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.

China Jinmao Holdings Group (China Jinmao Holdings Group) Headlines