GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Anhui Province Natural Gas Development Co Ltd (SHSE:603689) » Definitions » Cyclically Adjusted PS Ratio

Anhui Province Natural Gas Development Co (SHSE:603689) Cyclically Adjusted PS Ratio : 0.93 (As of Jun. 04, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Anhui Province Natural Gas Development Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Anhui Province Natural Gas Development Co's current share price is ¥8.40. Anhui Province Natural Gas Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥9.04. Anhui Province Natural Gas Development Co's Cyclically Adjusted PS Ratio for today is 0.93.

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

SHSE:603689' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 0.96   Max: 1.03
Current: 0.92

During the past years, Anhui Province Natural Gas Development Co's highest Cyclically Adjusted PS Ratio was 1.03. The lowest was 0.91. And the median was 0.96.

SHSE:603689's Cyclically Adjusted PS Ratio is ranked worse than
53.11% of 708 companies
in the Oil & Gas industry
Industry Median: 0.84 vs SHSE:603689: 0.92

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 Province Natural Gas Development Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥2.452. 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 ¥9.04 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Province Natural Gas Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anhui Province Natural Gas Development 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 Province Natural Gas Development Co Cyclically Adjusted PS Ratio Chart

Anhui Province Natural Gas Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.00

Anhui Province Natural Gas Development Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 1.03 1.00 0.94

Competitive Comparison of Anhui Province Natural Gas Development Co's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas Development 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 Province Natural Gas Development Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Anhui Province Natural Gas Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Province Natural Gas Development Co's Cyclically Adjusted PS Ratio falls into.


;
;

Anhui Province Natural Gas Development 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 Province Natural Gas Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.40/9.04
=0.93

* 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 Province Natural Gas Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Anhui Province Natural Gas Development Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.452/115.1156*115.1156
=2.452

Current CPI (Mar. 2025) = 115.1156.

Anhui Province Natural Gas Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 1.749 100.600 2.001
201603 1.728 102.200 1.946
201606 1.253 101.400 1.422
201609 1.245 102.400 1.400
201612 1.648 102.600 1.849
201703 1.668 103.200 1.861
201706 1.318 103.100 1.472
201709 1.145 104.100 1.266
201712 1.485 104.500 1.636
201803 1.739 105.300 1.901
201806 1.563 104.900 1.715
201809 1.508 106.600 1.628
201812 2.001 106.500 2.163
201903 2.311 107.700 2.470
201906 1.784 107.700 1.907
201909 1.960 109.800 2.055
201912 2.890 111.200 2.992
202003 2.421 112.300 2.482
202006 1.866 110.400 1.946
202009 2.023 111.700 2.085
202012 3.755 111.500 3.877
202103 3.101 112.662 3.169
202106 2.176 111.769 2.241
202109 2.262 112.215 2.320
202112 2.733 113.108 2.782
202203 2.966 114.335 2.986
202206 2.043 114.558 2.053
202209 2.371 115.339 2.366
202212 3.185 115.116 3.185
202303 3.117 115.116 3.117
202306 2.292 114.558 2.303
202309 2.443 115.339 2.438
202312 2.640 114.781 2.648
202403 2.646 115.227 2.643
202406 2.280 114.781 2.287
202409 2.142 115.785 2.130
202412 2.720 114.893 2.725
202503 2.452 115.116 2.452

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 Province Natural Gas Development Co  (SHSE:603689) 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 Province Natural Gas Development Co Cyclically Adjusted PS Ratio Related Terms

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


Anhui Province Natural Gas Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.

Anhui Province Natural Gas Development Co Headlines

No Headlines