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North China Pharmaceutical Co (SHSE:600812) Cyclically Adjusted PS Ratio : 0.63 (As of Jun. 24, 2024)


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What is North China Pharmaceutical Co Cyclically Adjusted PS Ratio?

As of today (2024-06-24), North China Pharmaceutical Co's current share price is ¥4.09. North China Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥6.45. North China Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is 0.63.

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

SHSE:600812' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.83   Max: 2.16
Current: 0.66

During the past years, North China Pharmaceutical Co's highest Cyclically Adjusted PS Ratio was 2.16. The lowest was 0.48. And the median was 0.83.

SHSE:600812's Cyclically Adjusted PS Ratio is ranked better than
80.78% of 744 companies
in the Drug Manufacturers industry
Industry Median: 2.055 vs SHSE:600812: 0.66

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.

North China Pharmaceutical Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.550. 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 ¥6.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


North China Pharmaceutical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for North China Pharmaceutical 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.

North China Pharmaceutical Co Cyclically Adjusted PS Ratio Chart

North China Pharmaceutical 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 1.14 1.27 1.59 0.91 0.87

North China Pharmaceutical 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 0.87 0.83 0.85 0.87 0.74

Competitive Comparison of North China Pharmaceutical Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, North China Pharmaceutical 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.


North China Pharmaceutical Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, North China Pharmaceutical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where North China Pharmaceutical Co's Cyclically Adjusted PS Ratio falls into.



North China Pharmaceutical 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.

North China Pharmaceutical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.09/6.45
=0.63

* 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.

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

For example, North China Pharmaceutical 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)
=1.55/115.2271*115.2271
=1.550

Current CPI (Mar. 2024) = 115.2271.

North China Pharmaceutical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.734 98.200 2.035
201409 1.447 98.900 1.686
201412 1.165 99.000 1.356
201503 1.343 99.900 1.549
201506 1.397 99.500 1.618
201509 1.232 100.500 1.413
201512 1.149 100.600 1.316
201603 1.394 102.200 1.572
201606 1.003 101.400 1.140
201609 1.282 102.400 1.443
201612 1.211 102.600 1.360
201703 1.282 103.200 1.431
201706 1.185 103.100 1.324
201709 1.120 104.100 1.240
201712 1.618 104.500 1.784
201803 1.490 105.300 1.630
201806 1.411 104.900 1.550
201809 1.403 106.600 1.517
201812 1.302 106.500 1.409
201903 1.645 107.700 1.760
201906 1.645 107.700 1.760
201909 1.558 109.800 1.635
201912 2.154 111.200 2.232
202003 1.424 112.300 1.461
202006 2.227 110.400 2.324
202009 1.940 111.700 2.001
202012 1.512 111.500 1.563
202103 1.660 112.662 1.698
202106 2.856 111.769 2.944
202109 1.611 112.215 1.654
202112 1.120 113.108 1.141
202203 1.487 114.335 1.499
202206 1.611 114.558 1.620
202209 1.470 115.339 1.469
202212 1.559 115.116 1.561
202303 1.472 115.116 1.473
202306 1.485 114.558 1.494
202309 1.607 115.339 1.605
202312 1.682 114.781 1.689
202403 1.550 115.227 1.550

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.


North China Pharmaceutical Co  (SHSE:600812) 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.


North China Pharmaceutical Co Cyclically Adjusted PS Ratio Related Terms

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


North China Pharmaceutical Co (SHSE:600812) Business Description

Traded in Other Exchanges
N/A
Address
No. 388 Heping East Road, Shijiazhuang, Hebei, CHN, 050015
North China Pharmaceutical Co Ltd is engaged in the manufacture and sale of antibiotics, vitamins, and pharmaceutical products in China. The main products include antibiotics such as penicillin, vitamins, cephalosporins, streptomycin, biotechnological drugs, new preparations, and biological products.
Executives
Gao Ren Long senior management
Lian Fa Zhe Director

North China Pharmaceutical Co (SHSE:600812) Headlines

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