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CAAS (China Automotive Systems) Cyclically Adjusted PS Ratio : 0.24 (As of May. 28, 2025)


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What is China Automotive Systems Cyclically Adjusted PS Ratio?

As of today (2025-05-28), China Automotive Systems's current share price is $4.15. China Automotive Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $17.07. China Automotive Systems's Cyclically Adjusted PS Ratio for today is 0.24.

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

CAAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 0.84
Current: 0.24

During the past years, China Automotive Systems's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.10. And the median was 0.26.

CAAS's Cyclically Adjusted PS Ratio is ranked better than
78.27% of 957 companies
in the Vehicles & Parts industry
Industry Median: 0.73 vs CAAS: 0.24

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 Automotive Systems's adjusted revenue per share data for the three months ended in Mar. 2025 was $5.538. 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 $17.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Automotive Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Automotive Systems'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 Automotive Systems Cyclically Adjusted PS Ratio Chart

China Automotive Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.17 0.35 0.19 0.24

China Automotive Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.21 0.21 0.27 0.24 0.26

Competitive Comparison of China Automotive Systems's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, China Automotive Systems'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 Automotive Systems's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Automotive Systems's Cyclically Adjusted PS Ratio falls into.


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China Automotive Systems 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 Automotive Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.15/17.07
=0.24

* 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 Automotive Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, China Automotive Systems's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.538/115.1156*115.1156
=5.538

Current CPI (Mar. 2025) = 115.1156.

China Automotive Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.397 99.500 3.930
201509 2.827 100.500 3.238
201512 3.737 100.600 4.276
201603 3.638 102.200 4.098
201606 3.148 101.400 3.574
201609 2.965 102.400 3.333
201612 4.717 102.600 5.292
201703 3.770 103.200 4.205
201706 3.718 103.100 4.151
201709 3.741 104.100 4.137
201712 4.542 104.500 5.003
201803 4.235 105.300 4.630
201806 3.975 104.900 4.362
201809 3.542 106.600 3.825
201812 3.927 106.500 4.245
201903 3.465 107.700 3.704
201906 3.357 107.700 3.588
201909 3.193 109.800 3.348
201912 3.700 111.200 3.830
202003 2.359 112.300 2.418
202006 2.668 110.400 2.782
202009 3.677 111.700 3.789
202012 4.748 111.500 4.902
202103 4.224 112.662 4.316
202106 3.909 111.769 4.026
202109 3.508 112.215 3.599
202112 4.499 113.108 4.579
202203 4.421 114.335 4.451
202206 4.122 114.558 4.142
202209 4.478 115.339 4.469
202212 4.261 115.116 4.261
202303 4.711 115.116 4.711
202306 4.552 114.558 4.574
202309 4.556 115.339 4.547
202312 5.273 114.781 5.288
202403 4.618 115.227 4.614
202406 5.254 114.781 5.269
202409 5.440 115.785 5.409
202412 6.253 114.893 6.265
202503 5.538 115.116 5.538

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 Automotive Systems  (NAS:CAAS) 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 Automotive Systems Cyclically Adjusted PS Ratio Related Terms

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


China Automotive Systems Business Description

Traded in Other Exchanges
Address
No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series, models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
Executives
Jie Li officer: Chief Financial Officer HENGLONG BLDG., # 1 GUANSHAN 1ST ROAD, EAST LAKE HI-TECH ZONE, WUHAN F4 430073
Tong Kooi Teo director 08-05 GOODWOOD RESIDENCE, 261 BUKIT TIMAH ROAD, SINGAPORE U0 259703
Stanley Morgan other: See Remarks Below 1585 BROADWAY, NEW YORK NY 10036
Wong Arthur Lap Tat director C/O 27 UNION SQUARE WEST, SUITE 502, NEW YORK NY 10003
Wu Qizhou director, officer: COO
Tse Yiu Wong director 4TH FL BLDG E NO 501, JEN GANG RD, SHANGHAI CHINA F4 9999999
Shengbin Yu officer: Senior Vice President HENGLONG BUILDING #1 GUANSHAN FIRST RD, EAST LAKE HI-TECH ZONE, WUHAN, HUBEI PROVINCE F4 430073
Liping Xie other: Wife of Chairman
Haimian Cai director 3170 OTTER CREEK COURT, ANN ARBOR MI 48105
Hanlin Chen director, 10 percent owner, officer: President and CEO
Shaobo Wang officer: Senior Vice President HENGLONG BUILDING #1 GUANSHAN FIRST RD, EAST LAKE HI-TECH ZONE, WUHAN, HUBEI PROVINCE F4 430073
Yijun Xia officer: Vice President NO. 1 HENGLONG ROAD, YUQIAO DEV. ZONE, SHASHI DISTRICT, JINGZHOU CITY, HUBEI PROVINCE F4 434000
Guangxun Xu director 17 WINDERMERE AVENUE, FINCHLEY, LONDON X0 N3 3QX
Robert Tung director 1733 LEHAVRE DR, POTOMAC MD 20854
Daming Hu officer: Chief Accountant