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Guangdong Liantai Environmental Protection Co (SHSE:603797) Cyclically Adjusted PS Ratio : 2.30 (As of Sep. 22, 2024)


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What is Guangdong Liantai Environmental Protection Co Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Guangdong Liantai Environmental Protection Co's current share price is ¥3.11. Guangdong Liantai Environmental Protection Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ¥1.35. Guangdong Liantai Environmental Protection Co's Cyclically Adjusted PS Ratio for today is 2.30.

The historical rank and industry rank for Guangdong Liantai Environmental Protection Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603797' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 2.37   Max: 2.44
Current: 2.29

During the past years, Guangdong Liantai Environmental Protection Co's highest Cyclically Adjusted PS Ratio was 2.44. The lowest was 2.27. And the median was 2.37.

SHSE:603797's Cyclically Adjusted PS Ratio is ranked worse than
69.4% of 134 companies
in the Waste Management industry
Industry Median: 1.11 vs SHSE:603797: 2.29

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.

Guangdong Liantai Environmental Protection Co's adjusted revenue per share data for the three months ended in Jun. 2024 was ¥0.417. 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 ¥1.35 for the trailing ten years ended in Jun. 2024.

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Guangdong Liantai Environmental Protection Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guangdong Liantai Environmental Protection 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.

Guangdong Liantai Environmental Protection Co Cyclically Adjusted PS Ratio Chart

Guangdong Liantai Environmental Protection Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Guangdong Liantai Environmental Protection Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - 2.32

Competitive Comparison of Guangdong Liantai Environmental Protection Co's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Guangdong Liantai Environmental Protection 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.


Guangdong Liantai Environmental Protection Co's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guangdong Liantai Environmental Protection Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Liantai Environmental Protection Co's Cyclically Adjusted PS Ratio falls into.



Guangdong Liantai Environmental Protection 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.

Guangdong Liantai Environmental Protection Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.11/1.35
=2.30

* 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.

Guangdong Liantai Environmental Protection Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Guangdong Liantai Environmental Protection Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.417/114.7809*114.7809
=0.417

Current CPI (Jun. 2024) = 114.7809.

Guangdong Liantai Environmental Protection Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201603 0.166 102.200 0.186
201606 0.152 101.400 0.172
201609 0.165 102.400 0.185
201612 0.164 102.600 0.183
201703 0.149 103.200 0.166
201706 0.118 103.100 0.131
201709 0.118 104.100 0.130
201712 0.105 104.500 0.115
201803 0.129 105.300 0.141
201806 0.195 104.900 0.213
201809 0.150 106.600 0.162
201812 0.179 106.500 0.193
201903 0.232 107.700 0.247
201906 0.160 107.700 0.171
201909 0.291 109.800 0.304
201912 0.248 111.200 0.256
202003 0.298 112.300 0.305
202006 0.335 110.400 0.348
202009 0.323 111.700 0.332
202012 0.361 111.500 0.372
202103 0.389 112.662 0.396
202106 0.383 111.769 0.393
202109 0.329 112.215 0.337
202112 0.358 113.108 0.363
202203 0.466 114.335 0.468
202206 0.729 114.558 0.730
202209 0.685 115.339 0.682
202212 0.518 115.116 0.516
202303 0.611 115.116 0.609
202306 0.587 114.558 0.588
202309 0.593 115.339 0.590
202312 0.556 114.781 0.556
202403 0.478 115.227 0.476
202406 0.417 114.781 0.417

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.


Guangdong Liantai Environmental Protection Co  (SHSE:603797) 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.


Guangdong Liantai Environmental Protection Co Cyclically Adjusted PS Ratio Related Terms

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Guangdong Liantai Environmental Protection Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan East Road, Longzhu Water Purification Factory, Guangdong Province, Huangshanwei, Shantou, CHN, 515041
Guangdong Liantai Environmental Protection Co Ltd is a China-based company engaged in operating sewage treatment project and supporting pipe network and ecological environment treatment project. The company produces and sells special equipment for environmental pollution prevention, and offers technical consultation and support services, among other activities. Some of the company's projects are Shantou dragon ball water purification plant, Shaoyang Jiangbei Wastewater treatment plant, and Shaoyang Yangxiqiao wastewater treatment plant, among others.

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