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Inner Mongolia North Hauler JSC (SHSE:600262) Cyclically Adjusted PS Ratio : 2.06 (As of May. 11, 2024)


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What is Inner Mongolia North Hauler JSC Cyclically Adjusted PS Ratio?

As of today (2024-05-11), Inner Mongolia North Hauler JSC's current share price is ¥19.09. Inner Mongolia North Hauler JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥9.27. Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio for today is 2.06.

The historical rank and industry rank for Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600262' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 1.87   Max: 4.04
Current: 1.93

During the past years, Inner Mongolia North Hauler JSC's highest Cyclically Adjusted PS Ratio was 4.04. The lowest was 1.00. And the median was 1.87.

SHSE:600262's Cyclically Adjusted PS Ratio is ranked worse than
74.27% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.01 vs SHSE:600262: 1.93

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.

Inner Mongolia North Hauler JSC's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥4.942. 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 ¥9.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inner Mongolia North Hauler JSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inner Mongolia North Hauler JSC'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.

Inner Mongolia North Hauler JSC Cyclically Adjusted PS Ratio Chart

Inner Mongolia North Hauler JSC 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 1.73 1.62 2.52 1.74 2.14

Inner Mongolia North Hauler JSC 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 1.96 2.42 2.01 2.14 1.71

Competitive Comparison of Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Inner Mongolia North Hauler JSC'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.


Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio falls into.



Inner Mongolia North Hauler JSC 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.

Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.09/9.27
=2.06

* 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.

Inner Mongolia North Hauler JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Inner Mongolia North Hauler JSC'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)
=4.942/114.6694*114.6694
=4.942

Current CPI (Mar. 2024) = 114.6694.

Inner Mongolia North Hauler JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.390 98.200 2.791
201409 2.081 98.900 2.413
201412 2.193 99.000 2.540
201503 1.083 99.900 1.243
201506 1.913 99.500 2.205
201509 1.639 100.500 1.870
201512 1.181 100.600 1.346
201603 0.525 102.200 0.589
201606 1.167 101.400 1.320
201609 1.524 102.400 1.707
201612 1.849 102.600 2.067
201703 0.423 103.200 0.470
201706 1.463 103.100 1.627
201709 0.809 104.100 0.891
201712 2.791 104.500 3.063
201803 1.577 105.300 1.717
201806 2.103 104.900 2.299
201809 1.595 106.600 1.716
201812 1.631 106.500 1.756
201903 0.942 107.700 1.003
201906 2.186 107.700 2.327
201909 2.762 109.800 2.884
201912 2.481 111.200 2.558
202003 1.976 112.300 2.018
202006 1.234 110.400 1.282
202009 1.424 111.700 1.462
202012 3.291 111.500 3.385
202103 1.557 112.662 1.585
202106 2.904 111.769 2.979
202109 2.125 112.215 2.171
202112 3.177 113.108 3.221
202203 3.116 114.335 3.125
202206 3.502 114.558 3.505
202209 2.454 115.339 2.440
202212 4.092 115.116 4.076
202303 2.232 115.116 2.223
202306 4.430 114.558 4.434
202309 3.698 115.339 3.677
202312 3.731 114.669 3.731
202403 4.942 114.669 4.942

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.


Inner Mongolia North Hauler JSC  (SHSE:600262) 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.


Inner Mongolia North Hauler JSC Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Inner Mongolia North Hauler JSC's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Inner Mongolia North Hauler JSC (SHSE:600262) Business Description

Traded in Other Exchanges
N/A
Address
Rare-Earth High Technology Development Zone, North Hauler Joint Stock Co. Building, Baotou, Inner Mongolia, CHN, 014030
Inner Mongolia North Hauler JSC Ltd manufactures and markets off-highway mining vehicles, their parts and components. The product portfolio includes - Electric drive mining dump truck, Articulated mining dump truck, Coal mine underground explosion-proof engineering dump truck, and Hydraulic excavator rotary drilling rig side dump truck.

Inner Mongolia North Hauler JSC (SHSE:600262) Headlines

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