Jinchuan Group International Resources Co (HKSE:02362) Cyclically Adjusted PS Ratio : 0.92 (As of Dec. 14, 2024)

View and export this data going back to 2003. Start your Free Trial

What is Jinchuan Group International Resources Co Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Jinchuan Group International Resources Co's current share price is HK$0.54. Jinchuan Group International Resources Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.59. Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio for today is 0.92.

The historical rank and industry rank for Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:02362' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5 Med: 1.15 Max: 3.61
Current: 0.95

During the past 13 years, Jinchuan Group International Resources Co's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 0.50. And the median was 1.15.

HKSE:02362's Cyclically Adjusted PS Ratio is ranked better than
62.75% of 553 companies
in the Metals & Mining industry
Industry Median: 1.4 vs HKSE:02362: 0.95

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.

Jinchuan Group International Resources Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.399. 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$0.59 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Jinchuan Group International Resources Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jinchuan Group International Resources 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.

Jinchuan Group International Resources Co Cyclically Adjusted PS Ratio Chart

Jinchuan Group International Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

Get a 7-Day Free Trial

1.06

1.65

2.01

0.88

1.10

Jinchuan Group International Resources 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															-	0.88	-	1.10	-

Competitive Comparison of Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio

For the Copper subindustry, Jinchuan Group International Resources 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.

Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio falls into.

Jinchuan Group International Resources 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.

Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.54	/	0.59
	=	0.92

Jinchuan Group International Resources Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Jinchuan Group International Resources 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)
	=	0.399	/	117.2957	*	117.2957
	=	0.399

Current CPI (Dec23) = 117.2957.

Jinchuan Group International Resources Co Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	1.163	99.707	1.368
201512	0.839	102.015	0.965
201612	0.221	103.225	0.251
201712	0.326	104.984	0.364
201812	0.823	107.622	0.897
201912	0.273	110.700	0.289
202012	0.310	109.711	0.331
202112	0.488	112.349	0.509
202212	0.517	114.548	0.529
202312	0.399	117.296	0.399

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.

Jinchuan Group International Resources Co (HKSE:02362) 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.

Jinchuan Group International Resources Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Jinchuan Group International Resources Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Jinchuan Group International Resources Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jinchuan Group International Resources Co Ltd (HKSE:02362) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

GDZD:Germany

Address

95 Queensway, Unit 3101, 31st Floor, United Centre, Hong Kong, HKG

Website

http://www.jinchuan-intl.com

Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Jin Chuan Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Gan Su Sheng Xin Ye Zi Chan Jing Ying You Xian Ze Ren Gong Si	2101 Beneficial owner
Gan Su Sheng Jing Ji He Zuo Zong Gong Si	2101 Beneficial owner

Jinchuan Group International Resources Co Headlines

No Headlines