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Huadian Power International (SHSE:600027) Cyclically Adjusted PS Ratio : 0.78 (As of May. 11, 2024)


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What is Huadian Power International Cyclically Adjusted PS Ratio?

As of today (2024-05-11), Huadian Power International's current share price is ¥6.89. Huadian Power International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥8.86. Huadian Power International's Cyclically Adjusted PS Ratio for today is 0.78.

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

SHSE:600027' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.52   Max: 1.46
Current: 0.78

During the past years, Huadian Power International's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.33. And the median was 0.52.

SHSE:600027's Cyclically Adjusted PS Ratio is ranked better than
66.59% of 446 companies
in the Utilities - Regulated industry
Industry Median: 1.265 vs SHSE:600027: 0.78

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.

Huadian Power International's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.659. 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 ¥8.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huadian Power International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Huadian Power International'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.

Huadian Power International Cyclically Adjusted PS Ratio Chart

Huadian Power International 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 0.40 0.37 0.59 0.65 0.58

Huadian Power International 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 0.64 0.75 0.57 0.58 0.77

Competitive Comparison of Huadian Power International's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Huadian Power International'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.


Huadian Power International's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Huadian Power International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huadian Power International's Cyclically Adjusted PS Ratio falls into.



Huadian Power International 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.

Huadian Power International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.89/8.86
=0.78

* 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.

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

For example, Huadian Power International'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)
=2.659/114.6694*114.6694
=2.659

Current CPI (Mar. 2024) = 114.6694.

Huadian Power International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.308 98.200 2.695
201409 2.450 98.900 2.841
201412 2.431 99.000 2.816
201503 2.067 99.900 2.373
201506 1.823 99.500 2.101
201509 1.874 100.500 2.138
201512 2.141 100.600 2.440
201603 1.705 102.200 1.913
201606 1.289 101.400 1.458
201609 1.658 102.400 1.857
201612 1.769 102.600 1.977
201703 1.614 103.200 1.793
201706 2.103 103.100 2.339
201709 2.519 104.100 2.775
201712 2.218 104.500 2.434
201803 2.289 105.300 2.493
201806 1.924 104.900 2.103
201809 2.330 106.600 2.506
201812 1.796 106.500 1.934
201903 2.047 107.700 2.179
201906 1.826 107.700 1.944
201909 1.893 109.800 1.977
201912 2.138 111.200 2.205
202003 1.841 112.300 1.880
202006 1.606 110.400 1.668
202009 1.842 111.700 1.891
202012 2.240 111.500 2.304
202103 2.397 112.662 2.440
202106 2.275 111.769 2.334
202109 1.206 112.215 1.232
202112 3.239 113.108 3.284
202203 1.853 114.335 1.858
202206 1.668 114.558 1.670
202209 2.207 115.339 2.194
202212 2.777 115.116 2.766
202303 2.538 115.116 2.528
202306 2.291 114.558 2.293
202309 2.632 115.339 2.617
202312 1.739 114.669 1.739
202403 2.659 114.669 2.659

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.


Huadian Power International  (SHSE:600027) 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.


Huadian Power International Cyclically Adjusted PS Ratio Related Terms

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


Huadian Power International (SHSE:600027) Business Description

Traded in Other Exchanges
Address
No. 2 Xuanwumennei Street, Xicheng District, Beijing, CHN, 100031
Huadian Power International Corp Ltd is engaged in the generation of electricity and heat, sales of coal and other relevant businesses in the PRC.

Huadian Power International (SHSE:600027) Headlines

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