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Liaoning SG Automotive Group Co (SHSE:600303) Cyclically Adjusted PS Ratio : 0.33 (As of Sep. 22, 2024)


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What is Liaoning SG Automotive Group Co Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Liaoning SG Automotive Group Co's current share price is ¥2.33. Liaoning SG Automotive Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ¥7.11. Liaoning SG Automotive Group Co's Cyclically Adjusted PS Ratio for today is 0.33.

The historical rank and industry rank for Liaoning SG Automotive Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600303' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.55   Max: 1.43
Current: 0.33

During the past years, Liaoning SG Automotive Group Co's highest Cyclically Adjusted PS Ratio was 1.43. The lowest was 0.26. And the median was 0.55.

SHSE:600303's Cyclically Adjusted PS Ratio is ranked better than
73.21% of 892 companies
in the Vehicles & Parts industry
Industry Median: 0.77 vs SHSE:600303: 0.33

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.

Liaoning SG Automotive Group Co's adjusted revenue per share data for the three months ended in Jun. 2024 was ¥0.450. 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 ¥7.11 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liaoning SG Automotive Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Liaoning SG Automotive Group 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.

Liaoning SG Automotive Group Co Cyclically Adjusted PS Ratio Chart

Liaoning SG Automotive Group 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 0.30 0.44 0.51 0.74 0.58

Liaoning SG Automotive Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.65 0.63 0.58 0.54 0.32

Competitive Comparison of Liaoning SG Automotive Group Co's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Liaoning SG Automotive Group 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.


Liaoning SG Automotive Group Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Liaoning SG Automotive Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Liaoning SG Automotive Group Co's Cyclically Adjusted PS Ratio falls into.



Liaoning SG Automotive Group 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.

Liaoning SG Automotive Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.33/7.11
=0.33

* 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.

Liaoning SG Automotive Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Liaoning SG Automotive Group Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.45/114.7809*114.7809
=0.450

Current CPI (Jun. 2024) = 114.7809.

Liaoning SG Automotive Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.534 98.900 1.780
201412 2.064 99.000 2.393
201503 1.295 99.900 1.488
201506 1.238 99.500 1.428
201509 1.294 100.500 1.478
201512 3.218 100.600 3.672
201603 1.266 102.200 1.422
201606 1.224 101.400 1.386
201609 1.313 102.400 1.472
201612 2.316 102.600 2.591
201703 1.306 103.200 1.453
201706 1.493 103.100 1.662
201709 0.727 104.100 0.802
201712 1.657 104.500 1.820
201803 1.229 105.300 1.340
201806 1.922 104.900 2.103
201809 0.906 106.600 0.976
201812 0.794 106.500 0.856
201903 0.842 107.700 0.897
201906 0.794 107.700 0.846
201909 24.197 109.800 25.295
201912 0.657 111.200 0.678
202003 0.476 112.300 0.487
202006 0.538 110.400 0.559
202009 0.635 111.700 0.653
202012 2.235 111.500 2.301
202103 0.843 112.662 0.859
202106 1.258 111.769 1.292
202109 0.742 112.215 0.759
202112 0.842 113.108 0.854
202203 0.856 114.335 0.859
202206 0.401 114.558 0.402
202209 0.796 115.339 0.792
202212 0.461 115.116 0.460
202303 0.459 115.116 0.458
202306 0.515 114.558 0.516
202309 0.457 115.339 0.455
202312 0.598 114.781 0.598
202403 0.504 115.227 0.502
202406 0.450 114.781 0.450

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.


Liaoning SG Automotive Group Co  (SHSE:600303) 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.


Liaoning SG Automotive Group Co Cyclically Adjusted PS Ratio Related Terms

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


Liaoning SG Automotive Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 50 Shuguang Road, Zheng'an District, Liaoning Province, Dandong, CHN, 118001
Liaoning SG Automotive Group Co Ltd manufactures automobiles, axles and other automotive components in China.
Executives
Li Hai Ming Director
Li Jin Dian Director
Jiang Ai Wei senior management
Li Hai Yang Director

Liaoning SG Automotive Group Co Headlines

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