GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Anhui Heli Co Ltd (SHSE:600761) » Definitions » Cyclically Adjusted PS Ratio

Anhui Heli Co (SHSE:600761) Cyclically Adjusted PS Ratio : 1.14 (As of Dec. 14, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Anhui Heli Co Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Anhui Heli Co's current share price is ¥18.30. Anhui Heli Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥16.02. Anhui Heli Co's Cyclically Adjusted PS Ratio for today is 1.14.

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

SHSE:600761' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.15   Max: 2.76
Current: 1.14

During the past years, Anhui Heli Co's highest Cyclically Adjusted PS Ratio was 2.76. The lowest was 0.71. And the median was 1.15.

SHSE:600761's Cyclically Adjusted PS Ratio is ranked better than
51.27% of 158 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.165 vs SHSE:600761: 1.14

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.

Anhui Heli Co's adjusted revenue per share data for the three months ended in Sep. 2024 was ¥4.974. 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 ¥16.02 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Heli Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anhui Heli 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.

Anhui Heli Co Cyclically Adjusted PS Ratio Chart

Anhui Heli 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 0.92 1.24 0.98 0.93 1.21

Anhui Heli Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.31 1.21 1.29 1.38 1.36

Competitive Comparison of Anhui Heli Co's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Anhui Heli 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.


Anhui Heli Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Anhui Heli Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Anhui Heli 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.

Anhui Heli Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.30/16.02
=1.14

* 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.

Anhui Heli Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Anhui Heli Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.974/115.7848*115.7848
=4.974

Current CPI (Sep. 2024) = 115.7848.

Anhui Heli Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.991 99.000 2.329
201503 1.933 99.900 2.240
201506 2.124 99.500 2.472
201509 1.836 100.500 2.115
201512 1.745 100.600 2.008
201603 1.984 102.200 2.248
201606 1.966 101.400 2.245
201609 2.143 102.400 2.423
201612 2.181 102.600 2.461
201703 2.560 103.200 2.872
201706 2.918 103.100 3.277
201709 2.900 104.100 3.226
201712 2.870 104.500 3.180
201803 3.087 105.300 3.394
201806 3.852 104.900 4.252
201809 3.162 106.600 3.434
201812 2.995 106.500 3.256
201903 3.356 107.700 3.608
201906 3.372 107.700 3.625
201909 3.323 109.800 3.504
201912 3.643 111.200 3.793
202003 2.544 112.300 2.623
202006 4.718 110.400 4.948
202009 4.903 111.700 5.082
202012 4.962 111.500 5.153
202103 4.665 112.662 4.794
202106 6.046 111.769 6.263
202109 5.271 112.215 5.439
202112 4.932 113.108 5.049
202203 5.296 114.335 5.363
202206 5.491 114.558 5.550
202209 5.477 115.339 5.498
202212 5.121 115.116 5.151
202303 5.748 115.116 5.781
202306 6.031 114.558 6.096
202309 5.918 115.339 5.941
202312 3.337 114.781 3.366
202403 5.078 115.227 5.103
202406 6.027 114.781 6.080
202409 4.974 115.785 4.974

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.


Anhui Heli Co  (SHSE:600761) 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.


Anhui Heli Co Cyclically Adjusted PS Ratio Related Terms

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


Anhui Heli Co Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Fangxing Avenue, Economic and Technological Development Zone, Anhui Province, Hefei, CHN, 230601
Anhui Heli Co Ltd is a Chinese company engaged in the production and sale of forklift trucks, wheel loaders, engineering and mining machinery, foundry parts, and heat treatment products in China. The products of the company are Heli, HELI brand series forklifts. The company sells its products in China and other international countries.
Executives
Zhou Jun senior management
Ma Qing Feng Director
Xu Lin Director
Yang An Guo Director
Zhang Meng Qing Director
Mo Jia Yuan Supervisors
Xue Bai Director
Zhang De Jin Director
Qian Hong Xing Supervisors
Xu Song Bai senior management

Anhui Heli Co Headlines

No Headlines