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Cosco Shipping Development Co (Cosco Shipping Development Co) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is Cosco Shipping Development Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosco Shipping Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cosco Shipping Development 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.

Cosco Shipping Development Co Cyclically Adjusted PS Ratio Chart

Cosco Shipping Development 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 1.00 1.25 1.34 1.05 1.13

Cosco Shipping Development Co 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 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 1.10 1.14 1.12 1.13 -

Competitive Comparison of Cosco Shipping Development Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Cosco Shipping Development 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.


Cosco Shipping Development Co's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Cyclically Adjusted PS Ratio falls into.



Cosco Shipping Development 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.

Cosco Shipping Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cosco Shipping Development Co'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)
=0.051/114.6694*114.6694
=0.051

Current CPI (Mar. 2024) = 114.6694.

Cosco Shipping Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.122 98.200 0.142
201409 0.128 98.900 0.148
201412 0.131 99.000 0.152
201503 0.127 99.900 0.146
201506 0.127 99.500 0.146
201509 0.122 100.500 0.139
201512 0.121 100.600 0.138
201603 0.071 102.200 0.080
201606 0.043 101.400 0.049
201609 0.045 102.400 0.050
201612 0.045 102.600 0.050
201703 0.047 103.200 0.052
201706 0.051 103.100 0.057
201709 0.056 104.100 0.062
201712 0.054 104.500 0.059
201803 0.051 105.300 0.056
201806 0.063 104.900 0.069
201809 0.061 106.600 0.066
201812 0.040 106.500 0.043
201903 0.041 107.700 0.044
201906 0.046 107.700 0.049
201909 0.041 109.800 0.043
201912 0.029 111.200 0.030
202003 0.036 112.300 0.037
202006 0.041 110.400 0.043
202009 0.056 111.700 0.057
202012 0.083 111.500 0.085
202103 0.074 112.662 0.075
202106 0.138 111.769 0.142
202109 0.154 112.215 0.157
202112 0.109 113.108 0.111
202203 0.073 114.335 0.073
202206 0.077 114.558 0.077
202209 0.063 115.339 0.063
202212 0.068 115.116 0.068
202303 0.038 115.116 0.038
202306 0.022 114.558 0.022
202309 0.049 115.339 0.049
202312 0.053 114.669 0.053
202403 0.051 114.669 0.051

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.


Cosco Shipping Development Co  (OTCPK:CITAF) 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.


Cosco Shipping Development Co Cyclically Adjusted PS Ratio Related Terms

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Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description

Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

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