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China Dongxiang (Group) Co (China Dongxiang (Group) Co) Cyclically Adjusted PS Ratio : 0.75 (As of May. 02, 2024)


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What is China Dongxiang (Group) Co Cyclically Adjusted PS Ratio?

As of today (2024-05-02), China Dongxiang (Group) Co's current share price is $0.03. China Dongxiang (Group) Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was $0.04. China Dongxiang (Group) Co's Cyclically Adjusted PS Ratio for today is 0.75.

The historical rank and industry rank for China Dongxiang (Group) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

CDGXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.25   Max: 3.78
Current: 1.05

During the past 13 years, China Dongxiang (Group) Co's highest Cyclically Adjusted PS Ratio was 3.78. The lowest was 0.67. And the median was 2.25.

CDGXF's Cyclically Adjusted PS Ratio is ranked worse than
64.33% of 855 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs CDGXF: 1.05

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 Dongxiang (Group) Co's adjusted revenue per share data of for the fiscal year that ended in Mar23 was $0.042. 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 $0.04 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Dongxiang (Group) Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Dongxiang (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.

China Dongxiang (Group) Co Cyclically Adjusted PS Ratio Chart

China Dongxiang (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.69 2.49 1.40 0.96

China Dongxiang (Group) Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.40 - 0.96 -

Competitive Comparison of China Dongxiang (Group) Co's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, China Dongxiang (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.


China Dongxiang (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Dongxiang (Group) Co's Cyclically Adjusted PS Ratio falls into.



China Dongxiang (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.

China Dongxiang (Group) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.03/0.04
=0.75

* 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 Dongxiang (Group) Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, China Dongxiang (Group) Co's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.042/115.1156*115.1156
=0.042

Current CPI (Mar23) = 115.1156.

China Dongxiang (Group) Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.037 99.000 0.043
201512 0.041 100.600 0.047
201612 0.039 102.600 0.044
201712 0.040 104.500 0.044
201812 0.043 106.500 0.046
201903 0.000 107.700 0.000
202003 0.037 112.300 0.038
202103 0.052 112.662 0.053
202203 0.051 114.335 0.051
202303 0.042 115.116 0.042

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 Dongxiang (Group) Co  (OTCPK:CDGXF) 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 Dongxiang (Group) Co Cyclically Adjusted PS Ratio Related Terms

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China Dongxiang (Group) Co (China Dongxiang (Group) Co) Business Description

Traded in Other Exchanges
Address
Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through more than 1,000 company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. Sales in China account for most of the total company's revenue.

China Dongxiang (Group) Co (China Dongxiang (Group) Co) Headlines

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