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Guangdong Yueyun Transportation Co (HKSE:03399) Cyclically Adjusted PS Ratio : 0.11 (As of May. 26, 2024)


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What is Guangdong Yueyun Transportation Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Guangdong Yueyun Transportation Co's current share price is HK$1.21. Guangdong Yueyun Transportation Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$11.47. Guangdong Yueyun Transportation Co's Cyclically Adjusted PS Ratio for today is 0.11.

The historical rank and industry rank for Guangdong Yueyun Transportation Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:03399' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.25   Max: 0.74
Current: 0.11

During the past 13 years, Guangdong Yueyun Transportation Co's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.06. And the median was 0.25.

HKSE:03399's Cyclically Adjusted PS Ratio is ranked better than
93.63% of 738 companies
in the Transportation industry
Industry Median: 0.835 vs HKSE:03399: 0.11

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.

Guangdong Yueyun Transportation Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$9.883. 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$11.47 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Yueyun Transportation Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangdong Yueyun Transportation 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.

Guangdong Yueyun Transportation Co Cyclically Adjusted PS Ratio Chart

Guangdong Yueyun Transportation 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 0.24 0.15 0.10 0.10 0.10

Guangdong Yueyun Transportation Co 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 0.10 - 0.10 - 0.10

Competitive Comparison of Guangdong Yueyun Transportation Co's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Guangdong Yueyun Transportation 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.


Guangdong Yueyun Transportation Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangdong Yueyun Transportation Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Yueyun Transportation Co's Cyclically Adjusted PS Ratio falls into.



Guangdong Yueyun Transportation 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.

Guangdong Yueyun Transportation Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.21/11.47
=0.11

* 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.

Guangdong Yueyun Transportation Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Guangdong Yueyun Transportation 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)
=9.883/117.2957*117.2957
=9.883

Current CPI (Dec23) = 117.2957.

Guangdong Yueyun Transportation Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 15.671 99.707 18.435
201512 13.086 102.015 15.046
201612 10.287 103.225 11.689
201712 11.176 104.984 12.487
201812 9.276 107.622 10.110
201912 9.262 110.700 9.814
202012 8.278 109.711 8.850
202112 9.600 112.349 10.023
202212 8.125 114.548 8.320
202312 9.883 117.296 9.883

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.


Guangdong Yueyun Transportation Co  (HKSE:03399) 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.


Guangdong Yueyun Transportation Co Cyclically Adjusted PS Ratio Related Terms

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Guangdong Yueyun Transportation Co (HKSE:03399) Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Rooms 3108 - 3112, 31st Floor, Hong Kong Plaza, Hong Kong, HKG
Guangdong Yueyun Transportation Co Ltd is an investment holding company principally engaged in the travel services business. The group along with its subsidiaries is an integrated transportation and logistics service provider. The segments of the company are expressway service zones operation, road passenger transportation and auxiliary, taiping interchange operation, and other business. It derives a majority of its revenue from the expressway service zones operation segment. The Travel services business is categorized into Expressway Service Zones Operation (Energy Business, Retail Business, Merchant Solicitation Business, Advertising Business), Road Passenger Transportation and Auxiliary Services, and Operation of Taiping Interchange.
Executives
Pope Asset Management Llc 2102 Investment manager
Shah Capital Management 2102 Investment manager

Guangdong Yueyun Transportation Co (HKSE:03399) Headlines

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