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Huayuan Property Co (SHSE:600743) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 20, 2024)


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What is Huayuan Property Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Huayuan Property Co's current share price is ¥1.14. Huayuan Property Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.71. Huayuan Property Co's Cyclically Adjusted PS Ratio for today is 0.24.

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

SHSE:600743' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.92   Max: 6.53
Current: 0.26

During the past years, Huayuan Property Co's highest Cyclically Adjusted PS Ratio was 6.53. The lowest was 0.24. And the median was 0.92.

SHSE:600743's Cyclically Adjusted PS Ratio is ranked better than
87.44% of 1369 companies
in the Real Estate industry
Industry Median: 1.73 vs SHSE:600743: 0.26

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.

Huayuan Property Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.614. 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 ¥4.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huayuan Property Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Huayuan Property 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.

Huayuan Property Co Cyclically Adjusted PS Ratio Chart

Huayuan Property 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 0.78 0.64 0.52 0.45 0.33

Huayuan Property 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 0.39 0.36 0.39 0.33 0.27

Competitive Comparison of Huayuan Property Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Huayuan Property 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.


Huayuan Property Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Huayuan Property Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Huayuan Property 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.

Huayuan Property Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.14/4.71
=0.24

* 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.

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

For example, Huayuan Property 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)
=0.614/115.2271*115.2271
=0.614

Current CPI (Mar. 2024) = 115.2271.

Huayuan Property Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.809 98.200 2.123
201409 0.245 98.900 0.285
201412 1.191 99.000 1.386
201503 0.258 99.900 0.298
201506 0.871 99.500 1.009
201509 0.525 100.500 0.602
201512 2.875 100.600 3.293
201603 0.346 102.200 0.390
201606 1.817 101.400 2.065
201609 0.170 102.400 0.191
201612 1.073 102.600 1.205
201703 0.151 103.200 0.169
201706 1.452 103.100 1.623
201709 0.749 104.100 0.829
201712 1.852 104.500 2.042
201803 0.270 105.300 0.295
201806 0.290 104.900 0.319
201809 0.735 106.600 0.794
201812 1.628 106.500 1.761
201903 0.233 107.700 0.249
201906 0.459 107.700 0.491
201909 0.663 109.800 0.696
201912 1.841 111.200 1.908
202003 0.145 112.300 0.149
202006 0.408 110.400 0.426
202009 0.616 111.700 0.635
202012 2.078 111.500 2.147
202103 0.615 112.662 0.629
202106 0.780 111.769 0.804
202109 0.873 112.215 0.896
202112 3.784 113.108 3.855
202203 0.401 114.335 0.404
202206 1.270 114.558 1.277
202209 0.623 115.339 0.622
202212 3.247 115.116 3.250
202303 1.152 115.116 1.153
202306 1.307 114.558 1.315
202309 1.017 115.339 1.016
202312 3.831 114.781 3.846
202403 0.614 115.227 0.614

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.


Huayuan Property Co  (SHSE:600743) 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.


Huayuan Property Co Cyclically Adjusted PS Ratio Related Terms

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


Huayuan Property Co (SHSE:600743) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Beizhan North Street, No. 11 Building, Huayuan Enterprise Center, Xicheng District, Beijing, CHN, 100044
Huayuan Property Co Ltd is a China-based company engaged in the development and operation of real estate in Northwest and North China. The company's main operations involve housing projects.

Huayuan Property Co (SHSE:600743) Headlines

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