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Changan Minsheng APLL Logistics Co (HKSE:01292) Cyclically Adjusted PS Ratio : 0.05 (As of Dec. 11, 2024)


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What is Changan Minsheng APLL Logistics Co Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Changan Minsheng APLL Logistics Co's current share price is HK$2.36. Changan Minsheng APLL Logistics Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$46.27. Changan Minsheng APLL Logistics Co's Cyclically Adjusted PS Ratio for today is 0.05.

The historical rank and industry rank for Changan Minsheng APLL Logistics Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:01292' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.51
Current: 0.05

During the past 13 years, Changan Minsheng APLL Logistics Co's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.04. And the median was 0.07.

HKSE:01292's Cyclically Adjusted PS Ratio is ranked better than
97.22% of 648 companies
in the Transportation industry
Industry Median: 1.005 vs HKSE:01292: 0.05

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.

Changan Minsheng APLL Logistics Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$53.783. 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 HK$46.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changan Minsheng APLL Logistics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Changan Minsheng APLL Logistics 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.

Changan Minsheng APLL Logistics Co Cyclically Adjusted PS Ratio Chart

Changan Minsheng APLL Logistics 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 0.05 0.06 0.04 0.04 0.04

Changan Minsheng APLL Logistics Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.04 - 0.04 -

Competitive Comparison of Changan Minsheng APLL Logistics Co's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Changan Minsheng APLL Logistics 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.


Changan Minsheng APLL Logistics Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Changan Minsheng APLL Logistics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Changan Minsheng APLL Logistics Co's Cyclically Adjusted PS Ratio falls into.



Changan Minsheng APLL Logistics 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.

Changan Minsheng APLL Logistics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.36/46.27
=0.05

* 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.

Changan Minsheng APLL Logistics Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Changan Minsheng APLL Logistics Co'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)
=53.783/114.7809*114.7809
=53.783

Current CPI (Dec23) = 114.7809.

Changan Minsheng APLL Logistics Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 41.319 99.000 47.905
201512 44.912 100.600 51.243
201612 47.198 102.600 52.801
201712 48.363 104.500 53.121
201812 35.834 106.500 38.620
201912 29.810 111.200 30.770
202012 34.274 111.500 35.283
202112 45.491 113.108 46.164
202212 53.197 115.116 53.042
202312 53.783 114.781 53.783

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.


Changan Minsheng APLL Logistics Co  (HKSE:01292) 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.


Changan Minsheng APLL Logistics Co Cyclically Adjusted PS Ratio Related Terms

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Changan Minsheng APLL Logistics Co Business Description

Traded in Other Exchanges
Address
No. 1881, Jinkai Road, Yubei District, Chongqing, CHN, 401122
Changan Minsheng APLL Logistics Co Ltd is a China-based logistics provider. Along with its subsidiaries, the rendering of transportation services for finished vehicles, supply chain management services for automobile raw materials, components, and parts, transportation services for non-automobile commodities, the sale of packaging materials, and the processing of tires. It principally has its business presence in the PRC.
Executives
Apl Logistics Ltd 2101 Beneficial owner
Apl Logistics Ltd. 2101 Beneficial owner
Zhong Guo Chang An Qi Che Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

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