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Datang International Power Generation Co (SHSE:601991) Cyclically Adjusted PS Ratio : 0.52 (As of May. 01, 2024)


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What is Datang International Power Generation Co Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Datang International Power Generation Co's current share price is ¥3.02. Datang International Power Generation Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.85. Datang International Power Generation Co's Cyclically Adjusted PS Ratio for today is 0.52.

The historical rank and industry rank for Datang International Power Generation Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:601991' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.54   Max: 1.51
Current: 0.52

During the past years, Datang International Power Generation Co's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.35. And the median was 0.54.

SHSE:601991's Cyclically Adjusted PS Ratio is ranked better than
77.13% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.795 vs SHSE:601991: 0.52

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.

Datang International Power Generation Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.166. 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 ¥5.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Datang International Power Generation Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Datang International Power Generation 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.

Datang International Power Generation Co Cyclically Adjusted PS Ratio Chart

Datang International Power Generation 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 0.42 0.43 0.59 0.46 0.41

Datang International Power Generation 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 0.50 0.56 0.45 0.41 0.50

Competitive Comparison of Datang International Power Generation Co's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Datang International Power Generation 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.


Datang International Power Generation Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Datang International Power Generation Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Datang International Power Generation Co's Cyclically Adjusted PS Ratio falls into.



Datang International Power Generation 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.

Datang International Power Generation Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.02/5.85
=0.52

* 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.

Datang International Power Generation Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Datang International Power Generation 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)
=1.166/114.6694*114.6694
=1.166

Current CPI (Mar. 2024) = 114.6694.

Datang International Power Generation Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.303 98.200 1.522
201409 1.313 98.900 1.522
201412 1.343 99.000 1.556
201503 1.128 99.900 1.295
201506 1.203 99.500 1.386
201509 1.132 100.500 1.292
201512 1.186 100.600 1.352
201603 0.987 102.200 1.107
201606 1.206 101.400 1.364
201609 1.150 102.400 1.288
201612 1.099 102.600 1.228
201703 1.147 103.200 1.274
201706 1.809 103.100 2.012
201709 1.665 104.100 1.834
201712 1.702 104.500 1.868
201803 1.723 105.300 1.876
201806 1.222 104.900 1.336
201809 1.407 106.600 1.514
201812 1.316 106.500 1.417
201903 1.028 107.700 1.095
201906 0.968 107.700 1.031
201909 0.918 109.800 0.959
201912 0.629 111.200 0.649
202003 0.740 112.300 0.756
202006 0.955 110.400 0.992
202009 0.883 111.700 0.906
202012 0.691 111.500 0.711
202103 0.831 112.662 0.846
202106 0.800 111.769 0.821
202109 1.338 112.215 1.367
202112 1.771 113.108 1.795
202203 3.010 114.335 3.019
202206 0.664 114.558 0.665
202209 1.710 115.339 1.700
202212 7.001 115.116 6.974
202303 1.516 115.116 1.510
202306 0.791 114.558 0.792
202309 1.002 115.339 0.996
202312 1.717 114.669 1.717
202403 1.166 114.669 1.166

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.


Datang International Power Generation Co  (SHSE:601991) 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.


Datang International Power Generation Co Cyclically Adjusted PS Ratio Related Terms

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


Datang International Power Generation Co (SHSE:601991) Business Description

Traded in Other Exchanges
Address
No.9 Guangningbo Street, Xicheng District, Beijing, CHN, 100033
Datang International Power Generation Co Ltd is one of five state-controlled independent power producers in China. The power generation businesses of the Company and its subsidiaries cover provinces, municipalities and autonomous regions across the country, whereas coalfired power generators of the Company are centralized in the Beijing-Tianjin-Hebei and southeast coastal regions. Majority of the hydropower projects are located in the south west region. Wind power and photovoltaic power projects are distributed across the country in areas with abundant resources. The operating segments of the group are: Power and heat generation segment; Coal segment and Other segments.

Datang International Power Generation Co (SHSE:601991) Headlines

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