Huaneng Power International (Huaneng Power International) Cyclically Adjusted PS Ratio : 0.96 (As of May. 20, 2024)

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What is Huaneng Power International Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Huaneng Power International's current share price is $0.675. Huaneng Power International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.70. Huaneng Power International's Cyclically Adjusted PS Ratio for today is 0.96.

The historical rank and industry rank for Huaneng Power International's Cyclically Adjusted PS Ratio or its related term are showing as below:

HUNGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.72 Max: 1.58
Current: 0.74

During the past years, Huaneng Power International's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 0.37. And the median was 0.72.

HUNGF's Cyclically Adjusted PS Ratio is ranked better than
70.23% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.865 vs HUNGF: 0.74

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.

Huaneng Power International's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.494. 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 $0.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Huaneng Power International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Huaneng Power International'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.

Huaneng Power International Cyclically Adjusted PS Ratio Chart

Huaneng Power International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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0.52

0.43

0.91

0.65

Huaneng Power International 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															0.73	0.79	0.66	0.65	0.79

Competitive Comparison of Huaneng Power International's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.

Huaneng Power International's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huaneng Power International's Cyclically Adjusted PS Ratio falls into.

Huaneng Power International 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.

Huaneng Power International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.675	/	0.7
	=	0.96

Huaneng Power International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Huaneng Power International'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)
	=	0.494	/	115.2271	*	115.2271
	=	0.494

Current CPI (Mar. 2024) = 115.2271.

Huaneng Power International Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.401	98.200	0.471
201409	0.392	98.900	0.457
201412	0.378	99.000	0.440
201503	0.382	99.900	0.441
201506	0.348	99.500	0.403
201509	0.348	100.500	0.399
201512	0.330	100.600	0.378
201603	0.354	102.200	0.399
201606	0.289	101.400	0.328
201609	0.355	102.400	0.399
201612	0.357	102.600	0.401
201703	0.334	103.200	0.373
201706	0.327	103.100	0.365
201709	0.408	104.100	0.452
201712	0.333	104.500	0.367
201803	0.444	105.300	0.486
201806	0.351	104.900	0.386
201809	0.439	106.600	0.475
201812	0.310	106.500	0.335
201903	0.410	107.700	0.439
201906	0.328	107.700	0.351
201909	0.354	109.800	0.371
201912	0.253	111.200	0.262
202003	0.307	112.300	0.315
202006	0.320	110.400	0.334
202009	0.332	111.700	0.342
202012	0.287	111.500	0.297
202103	0.409	112.662	0.418
202106	0.325	111.769	0.335
202109	0.494	112.215	0.507
202112	0.722	113.108	0.736
202203	0.968	114.335	0.976
202206	0.616	114.558	0.620
202209	0.898	115.339	0.897
202212	0.615	115.116	0.616
202303	0.421	115.116	0.421
202306	0.466	114.558	0.469
202309	0.545	115.339	0.544
202312	0.366	114.781	0.367
202403	0.494	115.227	0.494

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.

Huaneng Power International (OTCPK:HUNGF) 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.

Huaneng Power International Cyclically Adjusted PS Ratio Related Terms

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

Huaneng Power International (Huaneng Power International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Power International Inc (OTCPK:HUNGF) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

00902:Hong Kong HUP1:Germany HUP1:Germany 600011:China

Address

No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.hpi.com.cn

Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.