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China World Trade Center Co (SHSE:600007) Cyclically Adjusted PS Ratio : 7.79 (As of May. 21, 2024)


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What is China World Trade Center Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), China World Trade Center Co's current share price is ¥25.31. China World Trade Center Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.25. China World Trade Center Co's Cyclically Adjusted PS Ratio for today is 7.79.

The historical rank and industry rank for China World Trade Center Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600007' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.2   Med: 6.99   Max: 13.42
Current: 7.62

During the past years, China World Trade Center Co's highest Cyclically Adjusted PS Ratio was 13.42. The lowest was 4.20. And the median was 6.99.

SHSE:600007's Cyclically Adjusted PS Ratio is ranked worse than
85.93% of 1372 companies
in the Real Estate industry
Industry Median: 1.755 vs SHSE:600007: 7.62

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 World Trade Center Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.963. 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 ¥3.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China World Trade Center Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China World Trade Center 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.

China World Trade Center Co Cyclically Adjusted PS Ratio Chart

China World Trade Center 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 6.92 4.62 4.98 5.18 6.06

China World Trade Center Co 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 5.52 5.95 6.10 6.06 7.45

Competitive Comparison of China World Trade Center Co's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, China World Trade Center 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.


China World Trade Center Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China World Trade Center Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China World Trade Center Co's Cyclically Adjusted PS Ratio falls into.



China World Trade Center 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.

China World Trade Center Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.31/3.25
=7.79

* 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 World Trade Center Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China World Trade Center Co'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)
=0.963/115.2271*115.2271
=0.963

Current CPI (Mar. 2024) = 115.2271.

China World Trade Center Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.552 98.200 0.648
201409 0.539 98.900 0.628
201412 0.562 99.000 0.654
201503 0.541 99.900 0.624
201506 0.536 99.500 0.621
201509 0.558 100.500 0.640
201512 0.609 100.600 0.698
201603 0.583 102.200 0.657
201606 0.541 101.400 0.615
201609 0.574 102.400 0.646
201612 0.633 102.600 0.711
201703 0.607 103.200 0.678
201706 0.626 103.100 0.700
201709 0.729 104.100 0.807
201712 0.786 104.500 0.867
201803 0.771 105.300 0.844
201806 0.766 104.900 0.841
201809 0.759 106.600 0.820
201812 0.814 106.500 0.881
201903 0.838 107.700 0.897
201906 0.857 107.700 0.917
201909 0.876 109.800 0.919
201912 0.953 111.200 0.988
202003 0.716 112.300 0.735
202006 0.693 110.400 0.723
202009 0.779 111.700 0.804
202012 0.851 111.500 0.879
202103 0.848 112.662 0.867
202106 0.898 111.769 0.926
202109 0.898 112.215 0.922
202112 0.929 113.108 0.946
202203 0.911 114.335 0.918
202206 0.747 114.558 0.751
202209 0.942 115.339 0.941
202212 0.855 115.116 0.856
202303 0.960 115.116 0.961
202306 0.968 114.558 0.974
202309 1.016 115.339 1.015
202312 0.982 114.781 0.986
202403 0.963 115.227 0.963

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 World Trade Center Co  (SHSE:600007) 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 World Trade Center Co Cyclically Adjusted PS Ratio Related Terms

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


China World Trade Center Co (SHSE:600007) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jian Guo Men Wai Avenue, Chaoyang District, Beijing, CHN, 100004
China World Trade Center Co Ltd is engaged in property leasing and management in China. The company is also involved in the management of hotels.

China World Trade Center Co (SHSE:600007) Headlines

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