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Tian Lun Gas Holdings (FRA:TLJ) Cyclically Adjusted PS Ratio : 0.77 (As of May. 26, 2024)


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What is Tian Lun Gas Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Tian Lun Gas Holdings's current share price is €0.54. Tian Lun Gas Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €0.70. Tian Lun Gas Holdings's Cyclically Adjusted PS Ratio for today is 0.77.

The historical rank and industry rank for Tian Lun Gas Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:TLJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.89   Max: 4.22
Current: 0.78

During the past 13 years, Tian Lun Gas Holdings's highest Cyclically Adjusted PS Ratio was 4.22. The lowest was 0.56. And the median was 1.89.

FRA:TLJ's Cyclically Adjusted PS Ratio is ranked better than
66.44% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs FRA:TLJ: 0.78

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.

Tian Lun Gas Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €1.024. 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 €0.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tian Lun Gas Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tian Lun Gas Holdings'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.

Tian Lun Gas Holdings Cyclically Adjusted PS Ratio Chart

Tian Lun Gas Holdings 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 2.30 2.00 1.81 0.71 0.70

Tian Lun Gas Holdings 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 1.81 - 0.71 - 0.70

Competitive Comparison of Tian Lun Gas Holdings's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Tian Lun Gas Holdings'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.


Tian Lun Gas Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tian Lun Gas Holdings's Cyclically Adjusted PS Ratio falls into.



Tian Lun Gas Holdings 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.

Tian Lun Gas Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.54/0.7
=0.77

* 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.

Tian Lun Gas Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Tian Lun Gas Holdings'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)
=1.024/114.7809*114.7809
=1.024

Current CPI (Dec23) = 114.7809.

Tian Lun Gas Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.212 99.000 0.246
201512 0.336 100.600 0.383
201612 0.369 102.600 0.413
201712 0.402 104.500 0.442
201812 0.657 106.500 0.708
201912 0.844 111.200 0.871
202012 0.808 111.500 0.832
202112 1.063 113.108 1.079
202212 1.039 115.116 1.036
202312 1.024 114.781 1.024

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.


Tian Lun Gas Holdings  (FRA:TLJ) 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.


Tian Lun Gas Holdings Cyclically Adjusted PS Ratio Related Terms

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


Tian Lun Gas Holdings (FRA:TLJ) Business Description

Traded in Other Exchanges
Address
No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

Tian Lun Gas Holdings (FRA:TLJ) Headlines

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