HMCTF (Hainan Meilan International Airport Co) Cyclically Adjusted PS Ratio: 1.38 (As of Jul. 07, 2026) — 60% Below Median


HMCTF Hainan Meilan International Airport Co Ltd HMCTF
67 GF Score
Price $0.65
GF Value $1.47
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hainan Meilan International Airport Co Cyclically Adjusted PS Ratio?

Hainan Meilan International Airport Co HMCTF 67 Cyclically Adjusted PS Ratio is 1.38 as of Jul. 07, 2026, which is 60% below its 10-year median of 3.47. GuruFocus rates HMCTF with a GF Score™ of 67/100 and a GF Value™ of $1.47 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 752 Transportation companies, Hainan Meilan International Airport Co ranks worse than 55.98% on this metric.

As of today (2026-07-07), Hainan Meilan International Airport Co's current share price is $0.65. Hainan Meilan International Airport Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $0.47. Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio for today is 1.38.

The historical rank and industry rank for Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HMCTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 3.47   Max: 19.4
Current: 1.06

During the past 13 years, Hainan Meilan International Airport Co's highest Cyclically Adjusted PS Ratio was 19.40. The lowest was 1.01. And the median was 3.47.

HMCTF's Cyclically Adjusted PS Ratio is ranked worse than
55.98% of 752 companies
in the Transportation industry
Industry Median: 0.91 vs HMCTF: 1.06

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.

Hainan Meilan International Airport Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.602. 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 $0.47 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hainan Meilan International Airport Co  (OTCPK:HMCTF) 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.


Hainan Meilan International Airport Co Cyclically Adjusted PS Ratio Related Terms


Hainan Meilan International Airport Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hainan Meilan International Airport 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.

Hainan Meilan International Airport Co Cyclically Adjusted PS Ratio Chart

Hainan Meilan International Airport Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.26 6.94 1.90 2.37 2.63

Hainan Meilan International Airport Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.90 0.00 2.37 0.00 2.63

HMCTF vs JOBY, CAAP: Cyclically Adjusted PS Ratio Comparison

For the Airports & Air Services subindustry, Hainan Meilan International Airport 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.


Hainan Meilan International Airport Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio falls into.


HMCTF
67GF Score
Hainan Meilan International Airport Co Ltd HMCTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Meilan International Airport 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.

Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.65/0.47
=1.38

* 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.

Hainan Meilan International Airport Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Hainan Meilan International Airport Co's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.602/115.8323*115.8323
=0.602

Current CPI (Dec25) = 115.8323.

Hainan Meilan International Airport Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.369 102.600 0.417
201712 0.471 104.500 0.522
201812 0.523 106.500 0.569
201912 0.475 111.200 0.495
202012 0.443 111.500 0.460
202112 0.533 113.108 0.546
202212 0.346 115.116 0.348
202312 0.617 114.781 0.623
202412 0.630 114.893 0.635
202512 0.602 115.832 0.602

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.

What does a Cyclically Adjusted PS Ratio of 1.38 mean?
Hainan Meilan International Airport Co (HMCTF) has a Cyclically Adjusted PS Ratio of 1.38 as of Jul. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hainan Meilan International Airport Co and its competitors. This is 60% below median its historical median of 3.47. Over the past decade, Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio has ranged from 1.01 to 19.40. According to the industry distribution chart, Hainan Meilan International Airport Co ranks #421 out of 752 companies in the Transportation industry, placing it in the top 56%.
Is Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio too high?
Hainan Meilan International Airport Co's current Cyclically Adjusted PS Ratio of 1.38 is 60% below median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 19.40. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Hainan Meilan International Airport Co's value of 1.38 is 51.6% above this industry median. Based on the distribution chart, Hainan Meilan International Airport Co ranks #421 out of 752 companies in the Transportation industry, which is below the industry midpoint. Overall, Hainan Meilan International Airport Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Meilan International Airport Co's Cyclically Adjusted PS Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Hainan Meilan International Airport Co ranks #421 out of 752 companies for Cyclically Adjusted PS Ratio. This places Hainan Meilan International Airport Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Hainan Meilan International Airport Co's value of 1.38 is 51.6% above this benchmark. Historically, Hainan Meilan International Airport Co's own Cyclically Adjusted PS Ratio has ranged from 1.01 to 19.40 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 0.91, Hainan Meilan International Airport Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 752 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hainan Meilan International Airport Co's current Cyclically Adjusted PS Ratio of 1.38 is 51.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hainan Meilan International Airport Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Meilan International Airport Co's current Cyclically Adjusted PS Ratio is 1.38, which is 60% below median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Meilan International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co (HMCTF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.47, compared to a current price of $0.65 — trading 55.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.38, which is 60% below median its 10-year median of 3.47 and 51.6% above the Transportation industry median of 0.91. Hainan Meilan International Airport Co's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Hainan Meilan International Airport Co (HMCTF), the current Cyclically Adjusted PS Ratio is 1.38 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hainan Meilan International Airport Co (HMCTF) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Meilan International Airport Co stock appears to be undervalued. The current stock price of $0.65 is trading 55.8% below its estimated GF Value™ of $1.47. GuruFocus considers Hainan Meilan International Airport Co to be Possible Value Trap.

Key valuation signals for HMCTF:

  • Cyclically Adjusted PS Ratio: 1.38 (60% below median its 10-year median of 3.47)
  • GF Value™: $1.47 vs. price of $0.65 (55.8% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 51.6% above the Transportation median (#421 of 752)

No single metric tells the full story. See the HMCTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hainan Meilan International Airport Co Business Description

Other Exchanges 00357:Hong KongHAO:Germany
Address Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel, and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.
67GF Score

Get the complete analysis for HMCTF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.65
Price
$1.47
GF Value