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Xizang Zhufeng Resources Co (SHSE:600338) Cyclically Adjusted PS Ratio : 3.81 (As of Jun. 21, 2024)


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What is Xizang Zhufeng Resources Co Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Xizang Zhufeng Resources Co's current share price is ¥9.11. Xizang Zhufeng Resources Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.39. Xizang Zhufeng Resources Co's Cyclically Adjusted PS Ratio for today is 3.81.

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

SHSE:600338' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 4.06   Max: 11.7
Current: 3.89

During the past years, Xizang Zhufeng Resources Co's highest Cyclically Adjusted PS Ratio was 11.70. The lowest was 1.36. And the median was 4.06.

SHSE:600338's Cyclically Adjusted PS Ratio is ranked worse than
82.13% of 582 companies
in the Metals & Mining industry
Industry Median: 1.21 vs SHSE:600338: 3.89

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.

Xizang Zhufeng Resources Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.336. 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 ¥2.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xizang Zhufeng Resources Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources Co Cyclically Adjusted PS Ratio Chart

Xizang Zhufeng Resources 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 2.84 2.71 10.12 7.26 4.90

Xizang Zhufeng Resources 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 7.49 6.33 5.25 4.90 3.99

Competitive Comparison of Xizang Zhufeng Resources Co's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Xizang Zhufeng Resources 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.


Xizang Zhufeng Resources Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xizang Zhufeng Resources Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Xizang Zhufeng Resources Co's Cyclically Adjusted PS Ratio falls into.



Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.11/2.39
=3.81

* 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.

Xizang Zhufeng Resources Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Xizang Zhufeng Resources 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)
=0.336/115.2271*115.2271
=0.336

Current CPI (Mar. 2024) = 115.2271.

Xizang Zhufeng Resources Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.344 98.200 2.750
201409 0.714 98.900 0.832
201412 0.779 99.000 0.907
201503 0.552 99.900 0.637
201506 0.512 99.500 0.593
201509 0.423 100.500 0.485
201512 0.163 100.600 0.187
201603 0.298 102.200 0.336
201606 0.412 101.400 0.468
201609 0.448 102.400 0.504
201612 0.447 102.600 0.502
201703 0.632 103.200 0.706
201706 0.648 103.100 0.724
201709 0.659 104.100 0.729
201712 0.763 104.500 0.841
201803 0.602 105.300 0.659
201806 0.608 104.900 0.668
201809 0.506 106.600 0.547
201812 0.506 106.500 0.547
201903 0.450 107.700 0.481
201906 0.518 107.700 0.554
201909 0.508 109.800 0.533
201912 0.968 111.200 1.003
202003 0.575 112.300 0.590
202006 0.199 110.400 0.208
202009 0.151 111.700 0.156
202012 0.305 111.500 0.315
202103 0.515 112.662 0.527
202106 0.572 111.769 0.590
202109 0.554 112.215 0.569
202112 0.600 113.108 0.611
202203 0.570 114.335 0.574
202206 0.554 114.558 0.557
202209 0.557 115.339 0.556
202212 0.478 115.116 0.478
202303 0.553 115.116 0.554
202306 0.467 114.558 0.470
202309 0.415 115.339 0.415
202312 0.171 114.781 0.172
202403 0.336 115.227 0.336

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.


Xizang Zhufeng Resources Co  (SHSE:600338) 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.


Xizang Zhufeng Resources Co Cyclically Adjusted PS Ratio Related Terms

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


Xizang Zhufeng Resources Co (SHSE:600338) Business Description

Traded in Other Exchanges
N/A
Address
No. 65, Beijing Middle Road, Tibet Autonomous Region, Lhasa, CHN, 200072
Tibet Summit Resources Co Ltd is a China-based company engaged in the mineral resources exploration, mining, ore processing, metal smelting, mineral products trading, and mineral resources. It is also involved in the resources and related industries investment operations and other services. The company is engaged in the activities of smelting, production, and sale of zinc, indium and other nonferrous metals. It also recycles and sells non-ferrous metal products.
Executives
Meng Xian Dang senior management
Huang Ya Ting senior management
Liang Ming Director
Cao Yu Gang senior management
Chen Xun Qiao Director

Xizang Zhufeng Resources Co (SHSE:600338) Headlines

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