Guangzhou Rural Commercial Bank Co (HKSE:01551) Cyclically Adjusted PS Ratio : 0.94 (As of May. 24, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Guangzhou Rural Commercial Bank Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Guangzhou Rural Commercial Bank Co's current share price is HK$2.17. Guangzhou Rural Commercial Bank Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$2.31. Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio for today is 0.94.

The historical rank and industry rank for Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:01551' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61 Med: 0.73 Max: 0.91
Current: 0.91

During the past 10 years, Guangzhou Rural Commercial Bank Co's highest Cyclically Adjusted PS Ratio was 0.91. The lowest was 0.61. And the median was 0.73.

HKSE:01551's Cyclically Adjusted PS Ratio is ranked better than
88.91% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs HKSE:01551: 0.91

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.

Guangzhou Rural Commercial Bank Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$1.667. 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$2.31 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Guangzhou Rural Commercial Bank Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co Cyclically Adjusted PS Ratio Chart

Guangzhou Rural Commercial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

Get a 7-Day Free Trial

0.95

Guangzhou Rural Commercial Bank Co Semi-Annual Data
	Dec14	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													-	-	-	-	0.95

Competitive Comparison of Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio falls into.

Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	2.17	/	2.31
	=	0.94

Guangzhou Rural Commercial Bank Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Guangzhou Rural Commercial Bank 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)
	=	1.667	/	117.2957	*	117.2957
	=	1.667

Current CPI (Dec23) = 117.2957.

Guangzhou Rural Commercial Bank Co Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	1.824	99.707	2.146
201512	2.032	102.015	2.336
201612	1.781	103.225	2.024
201712	1.769	104.984	1.976
201812	2.360	107.622	2.572
201912	2.540	110.700	2.691
202012	2.477	109.711	2.648
202112	2.756	112.349	2.877
202212	2.096	114.548	2.146
202312	1.667	117.296	1.667

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.

Guangzhou Rural Commercial Bank Co (HKSE:01551) 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.

Guangzhou Rural Commercial Bank Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangzhou Rural Commercial Bank Co (HKSE:01551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guangzhou Rural Commercial Bank Co Ltd (HKSE:01551) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

N/A

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.grcbank.com

Guangzhou Rural Commercial Bank Co Ltd is engaged in providing banking and related financial services. The company's operating segments are Corporate banking, Retail banking, Treasury business, and others. It generates maximum revenue from the Corporate banking segment, which covers financial products and services for corporate customers, including deposits, loans, settlement, clearing, and other trade-related services. The Bank primarily operates in the Guangdong Province.

Executives

Harvest Fund Management Co., Ltd.
China Credit Trust Co., Ltd.
Guang Zhou Shi Jian She Tou Zi Fa Zhan You Xian Gong Si	2101 Beneficial owner
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Goncius I Limited	2101 Beneficial owner
Guang Zhou Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Guangzhou Finance Holdings (hk) Company Limited	2101 Beneficial owner
Guang Rong Finance Company Limited	2101 Beneficial owner
Manureen Investment Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Lead Straight Limited	2101 Beneficial owner
Grandbuy International Trade (hk) Limited	2101 Beneficial owner
Guang Zhou Bai Huo Qi Ye Ji Tuan You Xian Gong Si	2101 Beneficial owner
Lei Manying	2201 Interest of corporation controlled by you

Guangzhou Rural Commercial Bank Co (HKSE:01551) Headlines

No Headlines