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Center International Group Co (SHSE:603098) Cyclically Adjusted PS Ratio : 1.48 (As of Jun. 09, 2024)


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What is Center International Group Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Center International Group Co's current share price is ¥8.51. Center International Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥5.76. Center International Group Co's Cyclically Adjusted PS Ratio for today is 1.48.

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

SHSE:603098' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 3.49   Max: 9.48
Current: 1.48

During the past 13 years, Center International Group Co's highest Cyclically Adjusted PS Ratio was 9.48. The lowest was 1.48. And the median was 3.49.

SHSE:603098's Cyclically Adjusted PS Ratio is ranked worse than
76.5% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs SHSE:603098: 1.48

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.

Center International Group Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥6.689. 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 ¥5.76 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Center International Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Center International Group 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.

Center International Group Co Cyclically Adjusted PS Ratio Chart

Center International Group 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 - 1.74 9.39 5.17 2.36

Center International Group 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 - - - 2.36 -

Competitive Comparison of Center International Group Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Center International Group 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.


Center International Group Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Center International Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Center International Group Co's Cyclically Adjusted PS Ratio falls into.



Center International Group 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.

Center International Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.51/5.76
=1.48

* 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.

Center International Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Center International Group Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=6.689/114.7809*114.7809
=6.689

Current CPI (Dec23) = 114.7809.

Center International Group Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.388 99.000 3.928
201512 2.631 100.600 3.002
201612 4.167 102.600 4.662
201712 4.477 104.500 4.917
201812 6.126 106.500 6.602
201912 6.949 111.200 7.173
202012 6.738 111.500 6.936
202112 5.741 113.108 5.826
202212 7.922 115.116 7.899
202312 6.689 114.781 6.689

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.


Center International Group Co  (SHSE:603098) 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.


Center International Group Co Cyclically Adjusted PS Ratio Related Terms

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


Center International Group Co (SHSE:603098) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Yongchang North Road, Room 8404, Building 3, Economic and Technological Development Zone, Beijing, CHN, 100176
Center International Group Co Ltd is engaged in design, manufacturing and construction of structural steel buildings in China. Its projects include automobile logistics, petrochemical and among others.
Executives
Chen Jun Chen senior management
Ye Yuan senior management
Meng Tuo Supervisors
Yan Jian senior management
Jiang Hai Feng senior management
Weng Jia En Director
Liu Ai Sen Director
Chen Wei Lin senior management
Chen Wen senior management
Liu De Shun senior management
Gao Wei Supervisors
Miao Ze Xian senior management
Xie Li Supervisors
Li Gui Ru Director

Center International Group Co (SHSE:603098) Headlines

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