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Central China Real Estate (Central China Real Estate) Cyclically Adjusted PS Ratio : 0.00 (As of May. 26, 2024)


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What is Central China Real Estate Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Central China Real Estate's current share price is $0.0114. Central China Real Estate's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $2.50. Central China Real Estate's Cyclically Adjusted PS Ratio for today is 0.00.

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

CNLLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.54   Max: 1.1
Current: 0.01

During the past 13 years, Central China Real Estate's highest Cyclically Adjusted PS Ratio was 1.10. The lowest was 0.01. And the median was 0.54.

CNLLF's Cyclically Adjusted PS Ratio is ranked better than
99.27% of 1368 companies
in the Real Estate industry
Industry Median: 1.74 vs CNLLF: 0.01

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.

Central China Real Estate's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $0.914. 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 $2.50 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central China Real Estate Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Central China Real Estate'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.

Central China Real Estate Cyclically Adjusted PS Ratio Chart

Central China Real Estate 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 0.78 0.49 0.11 0.04 0.01

Central China Real Estate Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.11 - 0.04 - 0.01

Competitive Comparison of Central China Real Estate's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Central China Real Estate'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.


Central China Real Estate's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China Real Estate's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Central China Real Estate's Cyclically Adjusted PS Ratio falls into.



Central China Real Estate 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.

Central China Real Estate's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0114/2.5
=0.00

* 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.

Central China Real Estate's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Central China Real Estate's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.914/114.7809*114.7809
=0.914

Current CPI (Dec23) = 114.7809.

Central China Real Estate Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.612 99.000 0.710
201512 0.798 100.600 0.910
201612 0.562 102.600 0.629
201712 0.855 104.500 0.939
201812 0.810 106.500 0.873
201912 1.575 111.200 1.626
202012 2.338 111.500 2.407
202112 2.309 113.108 2.343
202212 1.186 115.116 1.183
202312 0.914 114.781 0.914

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.


Central China Real Estate  (OTCPK:CNLLF) 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.


Central China Real Estate Cyclically Adjusted PS Ratio Related Terms

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


Central China Real Estate (Central China Real Estate) Business Description

Traded in Other Exchanges
Address
Nongye East Road, Block E, Jianye Office Building, Henan Province, Zhengzhou, CHN
Central China Real Estate Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company's main businesses include the development of property projects for sales and rental, as well as hotel operations. Its properties include Zhengzhou Tianzhu, Zhengzhou Triumph Plaza, Pingdingshan Eighteen Cities, and Jiaozuo Xiuwu Forest Peninsula, among others. Its hotels include Le Meridien Zhengzhou, Aloft Zhengzhou Shangjie, and Holiday Inn Nanyang, among others. The Company is also involved in the businesses of cultural tourism projects and light-asset model projects. The Company mainly operates businesses in Henan, China.

Central China Real Estate (Central China Real Estate) Headlines