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China Teletech Holding (China Teletech Holding) Cyclically Adjusted PS Ratio : (As of Jun. 21, 2024)


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What is China Teletech Holding Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Teletech Holding Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Teletech Holding'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.

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China Teletech Holding Cyclically Adjusted PS Ratio Chart

China Teletech Holding Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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China Teletech Holding Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Dec15 Sep16 Dec16 Mar17 Sep17 Dec17 Mar18
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Competitive Comparison of China Teletech Holding's Cyclically Adjusted PS Ratio

For the Shell Companies subindustry, China Teletech Holding'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 Teletech Holding's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Teletech Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



China Teletech Holding 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 Teletech Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, China Teletech Holding's adjusted Revenue per Share data for the three months ended in Mar. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=0/105.3000*105.3000
=0.000

Current CPI (Mar. 2018) = 105.3000.

China Teletech Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200612 1.109 77.793 1.501
200703 0.711 78.884 0.949
200706 0.902 79.357 1.197
200709 1.207 81.276 1.564
200712 0.881 82.911 1.119
200803 1.429 85.485 1.760
200806 1.472 85.058 1.822
200809 2.032 85.057 2.516
200812 2.903 83.956 3.641
200903 1.433 84.457 1.787
200906 0.444 83.615 0.559
200909 0.555 84.369 0.693
200912 0.665 85.386 0.820
201003 0.630 86.316 0.769
201006 0.620 85.886 0.760
201009 0.614 87.267 0.741
201012 0.428 89.289 0.505
201103 0.617 91.154 0.713
201106 0.235 91.612 0.270
201109 0.207 92.711 0.235
201112 0.182 92.885 0.206
201203 0.291 94.367 0.325
201206 0.132 93.495 0.149
201209 0.135 94.482 0.150
201212 0.112 95.237 0.124
201303 0.137 96.372 0.150
201306 0.109 95.984 0.120
201309 0.009 97.332 0.010
201312 0.012 97.624 0.013
201403 0.000 98.600 0.000
201406 0.000 98.200 0.000
201409 0.010 98.900 0.011
201412 0.008 99.000 0.009
201512 0.000 100.600 0.000
201609 0.000 102.400 0.000
201612 0.000 102.600 0.000
201703 0.000 103.200 0.000
201709 0.000 104.100 0.000
201712 0.000 104.500 0.000
201803 0.000 105.300 0.000

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 Teletech Holding  (OTCPK:CNCT) 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 Teletech Holding Cyclically Adjusted PS Ratio Related Terms

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China Teletech Holding (China Teletech Holding) Business Description

Traded in Other Exchanges
N/A
Address
No. 528, Pudong South Road, 16-01-3, 16th Floor, North Tower, Pudong New Area, Shanghai, CHN, 200120
China Teletech Holding Inc is an investment holding company with no operations. It is seeking opportunities to acquire a business in China and the rest of the world.

China Teletech Holding (China Teletech Holding) Headlines

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