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Minmetals Development Co (SHSE:600058) Cyclically Adjusted PS Ratio : 0.15 (As of Jun. 04, 2025)


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What is Minmetals Development Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Minmetals Development Co's current share price is ¥7.39. Minmetals Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥50.94. Minmetals Development Co's Cyclically Adjusted PS Ratio for today is 0.15.

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

SHSE:600058' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.11   Max: 0.29
Current: 0.14

During the past years, Minmetals Development Co's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.05. And the median was 0.11.

SHSE:600058's Cyclically Adjusted PS Ratio is ranked better than
86.28% of 481 companies
in the Steel industry
Industry Median: 0.43 vs SHSE:600058: 0.14

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.

Minmetals Development Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥7.365. 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 ¥50.94 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minmetals Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Minmetals Development 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.

Minmetals Development Co Cyclically Adjusted PS Ratio Chart

Minmetals Development 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 0.07 0.10 0.11 0.15 0.14

Minmetals Development Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.14 0.11 0.14 0.14 0.14

Competitive Comparison of Minmetals Development Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Minmetals Development 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.


Minmetals Development Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Minmetals Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Minmetals Development Co's Cyclically Adjusted PS Ratio falls into.


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Minmetals Development 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.

Minmetals Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.39/50.94
=0.15

* 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.

Minmetals Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Minmetals Development Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.365/115.1156*115.1156
=7.365

Current CPI (Mar. 2025) = 115.1156.

Minmetals Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 17.898 99.500 20.707
201509 16.418 100.500 18.806
201512 8.229 100.600 9.416
201603 6.172 102.200 6.952
201606 9.565 101.400 10.859
201609 10.123 102.400 11.380
201612 12.098 102.600 13.574
201703 10.379 103.200 11.577
201706 15.679 103.100 17.506
201709 13.885 104.100 15.354
201712 15.200 104.500 16.744
201803 9.760 105.300 10.670
201806 14.106 104.900 15.480
201809 13.143 106.600 14.193
201812 18.589 106.500 20.093
201903 10.935 107.700 11.688
201906 2.698 107.700 2.884
201909 15.810 109.800 16.575
201912 2.366 111.200 2.449
202003 7.515 112.300 7.703
202006 6.157 110.400 6.420
202009 19.572 111.700 20.170
202012 7.547 111.500 7.792
202103 16.176 112.662 16.528
202106 15.502 111.769 15.966
202109 17.346 112.215 17.794
202112 10.153 113.108 10.333
202203 14.041 114.335 14.137
202206 14.723 114.558 14.795
202209 14.468 115.339 14.440
202212 12.967 115.116 12.967
202303 15.547 115.116 15.547
202306 15.595 114.558 15.671
202309 10.635 115.339 10.614
202312 10.478 114.781 10.509
202403 17.481 115.227 17.464
202406 18.843 114.781 18.898
202409 6.129 115.785 6.094
202412 1.261 114.893 1.263
202503 7.365 115.116 7.365

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.


Minmetals Development Co  (SHSE:600058) 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.


Minmetals Development Co Cyclically Adjusted PS Ratio Related Terms

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


Minmetals Development Co Business Description

Traded in Other Exchanges
N/A
Address
Building B, No. 5 Sanlihe Road, Haiding District, Beijing, CHN, 100044
Minmetals Development Co Ltd is a steel distribution service provider. The activities of the company include the supply of metallurgical raw materials which includes iron ore, coal, coke, and pig iron, steel trading, processing and distribution, and logistics services.
Executives
Zong Qing Sheng Director
Xu Qiang senior management
Ren Jian Hua senior management
Chen Shao Rong senior management
Feng Gui Quan senior management
Cui Qing Lian senior management
Yao Zi Ping Director
Zhang Yuan Rong Director
Yu Min Supervisors
Zhou Zhong Shu Director
Lu Shao Bo Supervisors
Gao Yong senior management
Wang Zhong Liang senior management

Minmetals Development Co Headlines

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