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China Gold International Resources (China Gold International Resources) Cyclically Adjusted PS Ratio : 3.85 (As of Jun. 08, 2024)


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What is China Gold International Resources Cyclically Adjusted PS Ratio?

As of today (2024-06-08), China Gold International Resources's current share price is $6.58. China Gold International Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.71. China Gold International Resources's Cyclically Adjusted PS Ratio for today is 3.85.

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

JINFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 2.37   Max: 5.44
Current: 3.82

During the past years, China Gold International Resources's highest Cyclically Adjusted PS Ratio was 5.44. The lowest was 0.35. And the median was 2.37.

JINFF's Cyclically Adjusted PS Ratio is ranked worse than
80.96% of 583 companies
in the Metals & Mining industry
Industry Median: 1.28 vs JINFF: 3.82

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.

China Gold International Resources's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.153. 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 $1.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Gold International Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Gold International Resources'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.

China Gold International Resources Cyclically Adjusted PS Ratio Chart

China Gold International Resources 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 0.96 1.26 1.89 1.81 2.43

China Gold International Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.17 2.19 2.52 2.43 3.72

Competitive Comparison of China Gold International Resources's Cyclically Adjusted PS Ratio

For the Other Precious Metals & Mining subindustry, China Gold International Resources'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.


China Gold International Resources's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where China Gold International Resources's Cyclically Adjusted PS Ratio falls into.



China Gold International Resources 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.

China Gold International Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.58/1.71
=3.85

* 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.

China Gold International Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Gold International Resources's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.153/126.2576*126.2576
=0.153

Current CPI (Mar. 2024) = 126.2576.

China Gold International Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.122 99.473 0.155
201409 0.225 99.394 0.286
201412 0.261 98.367 0.335
201503 0.195 99.789 0.247
201506 0.211 100.500 0.265
201509 0.252 100.421 0.317
201512 0.199 99.947 0.251
201603 0.165 101.054 0.206
201606 0.176 102.002 0.218
201609 0.276 101.765 0.342
201612 0.236 101.449 0.294
201703 0.207 102.634 0.255
201706 0.247 103.029 0.303
201709 0.249 103.345 0.304
201712 0.336 103.345 0.410
201803 0.269 105.004 0.323
201806 0.358 105.557 0.428
201809 0.401 105.636 0.479
201812 0.411 105.399 0.492
201903 0.367 106.979 0.433
201906 0.412 107.690 0.483
201909 0.470 107.611 0.551
201912 0.409 107.769 0.479
202003 0.375 107.927 0.439
202006 0.528 108.401 0.615
202009 0.607 108.164 0.709
202012 0.671 108.559 0.780
202103 0.686 110.298 0.785
202106 0.769 111.720 0.869
202109 0.626 112.905 0.700
202112 0.787 113.774 0.873
202203 0.767 117.646 0.823
202206 0.737 120.806 0.770
202209 0.643 120.648 0.673
202212 0.641 120.964 0.669
202303 0.638 122.702 0.656
202306 0.184 124.203 0.187
202309 0.157 125.230 0.158
202312 0.180 125.072 0.182
202403 0.153 126.258 0.153

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.


China Gold International Resources  (OTCPK:JINFF) 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.


China Gold International Resources Cyclically Adjusted PS Ratio Related Terms

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


China Gold International Resources (China Gold International Resources) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4
China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production. China National Gold Corporation, a state-owned company registered in Beijing, is a substantial shareholder of China Gold International Resources. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.