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Bank of Zhengzhou Co (HKSE:06196) Cyclically Adjusted PS Ratio : 0.60 (As of Jun. 04, 2025)


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What is Bank of Zhengzhou Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Bank of Zhengzhou Co's current share price is HK$1.01. Bank of Zhengzhou Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was HK$1.67. Bank of Zhengzhou Co's Cyclically Adjusted PS Ratio for today is 0.60.

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

HKSE:06196' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.58   Max: 0.67
Current: 0.6

During the past 13 years, Bank of Zhengzhou Co's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.48. And the median was 0.58.

HKSE:06196's Cyclically Adjusted PS Ratio is ranked better than
95.42% of 1245 companies
in the Banks industry
Industry Median: 2.72 vs HKSE:06196: 0.60

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.

Bank of Zhengzhou Co's adjusted revenue per share data of for the fiscal year that ended in Dec24 was HK$1.375. 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$1.67 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Zhengzhou Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Zhengzhou 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.

Bank of Zhengzhou Co Cyclically Adjusted PS Ratio Chart

Bank of Zhengzhou Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.07 0.66 0.51 0.62

Bank of Zhengzhou Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.51 - - - 0.62

Competitive Comparison of Bank of Zhengzhou Co's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank of Zhengzhou 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.


Bank of Zhengzhou Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Zhengzhou Co's Cyclically Adjusted PS Ratio falls into.


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Bank of Zhengzhou 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.

Bank of Zhengzhou Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.01/1.67
=0.60

* 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.

Bank of Zhengzhou Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Bank of Zhengzhou Co's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=1.375/114.8925*114.8925
=1.375

Current CPI (Dec24) = 114.8925.

Bank of Zhengzhou Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 1.617 100.600 1.847
201612 1.437 102.600 1.609
201712 1.552 104.500 1.706
201812 1.579 106.500 1.703
201912 1.615 111.200 1.669
202012 1.918 111.500 1.976
202112 1.592 113.108 1.617
202212 1.728 115.116 1.725
202312 1.483 114.781 1.484
202412 1.375 114.893 1.375

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.


Bank of Zhengzhou Co  (HKSE:06196) 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.


Bank of Zhengzhou Co Cyclically Adjusted PS Ratio Related Terms

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


Bank of Zhengzhou Co Business Description

Traded in Other Exchanges
Address
No. 22 Shangwu waihuan Road, Zhengdong New District, Henan Province, Zhengzhou, CHN, 450046
Bank of Zhengzhou Co Ltd lays emphasis on commercial banking operations in China. The bank functions through the corporate, retail and treasury banking divisions. The corporate banking segment is the majority revenue generating segment for the company with a range of financial products and services tailor-made for corporations, government agencies and financial institutions. The retail banking segment provides similar services to individual customers and the treasury operations comprise of including interbank money market transactions, repurchases transactions and investments.
Executives
Yunnan Energy Investment (h K) Co. Limited 2201 Interest of corporation controlled by you
Yunnan International Holding Group Limited 2101 Beneficial owner
Yunnan Provincial Energy Investment Group Co., Ltd 2201 Interest of corporation controlled by you
Yuanta Financial Holding Co., Ltd. 2201 Interest of corporation controlled by you
Tinmark Development Limited 2201 Interest of corporation controlled by you
Bao Xin Development Limited 2101 Beneficial owner
Bao Xin International Group Limited 2201 Interest of corporation controlled by you
True Benefit Global Limited 2201 Interest of corporation controlled by you
Luo Yiping 2201 Interest of corporation controlled by you
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Yao Jianhui 2201 Interest of corporation controlled by you
Xie Tinggui 2201 Interest of corporation controlled by you
Shen Zhen Xin Cheng Hua Xiang Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
China Goldjoy Securities Limited
Goncius I Limited 2101 Beneficial owner

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