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Greattown Holdings (SHSE:900940) Cyclically Adjusted PS Ratio : 0.54 (As of Jun. 22, 2024)


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What is Greattown Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Greattown Holdings's current share price is $0.174. Greattown Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.32. Greattown Holdings's Cyclically Adjusted PS Ratio for today is 0.54.

The historical rank and industry rank for Greattown Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:900940' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.67   Max: 8.84
Current: 0.89

During the past years, Greattown Holdings's highest Cyclically Adjusted PS Ratio was 8.84. The lowest was 0.61. And the median was 1.67.

SHSE:900940's Cyclically Adjusted PS Ratio is ranked better than
66.35% of 1370 companies
in the Real Estate industry
Industry Median: 1.73 vs SHSE:900940: 0.89

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.

Greattown Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.021. 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 $0.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greattown Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Greattown Holdings'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.

Greattown Holdings Cyclically Adjusted PS Ratio Chart

Greattown Holdings 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 1.62 1.04 0.89 0.74 0.67

Greattown Holdings 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 0.74 0.72 0.70 0.67 0.72

Competitive Comparison of Greattown Holdings's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Greattown Holdings'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.


Greattown Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greattown Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Greattown Holdings's Cyclically Adjusted PS Ratio falls into.



Greattown Holdings 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.

Greattown Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.174/0.32
=0.54

* 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.

Greattown Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Greattown Holdings'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)
=0.021/115.2271*115.2271
=0.021

Current CPI (Mar. 2024) = 115.2271.

Greattown Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.062 98.200 0.073
201409 0.025 98.900 0.029
201412 0.322 99.000 0.375
201503 0.053 99.900 0.061
201506 0.112 99.500 0.130
201509 0.131 100.500 0.150
201512 0.110 100.600 0.126
201603 0.126 102.200 0.142
201606 0.209 101.400 0.237
201609 0.169 102.400 0.190
201612 0.113 102.600 0.127
201703 0.051 103.200 0.057
201706 0.106 103.100 0.118
201709 0.132 104.100 0.146
201712 0.377 104.500 0.416
201803 0.092 105.300 0.101
201806 0.207 104.900 0.227
201809 0.133 106.600 0.144
201812 0.373 106.500 0.404
201903 0.100 107.700 0.107
201906 0.160 107.700 0.171
201909 0.171 109.800 0.179
201912 0.324 111.200 0.336
202003 0.137 112.300 0.141
202006 0.301 110.400 0.314
202009 0.109 111.700 0.112
202012 0.329 111.500 0.340
202103 0.098 112.662 0.100
202106 0.165 111.769 0.170
202109 0.068 112.215 0.070
202112 0.163 113.108 0.166
202203 0.053 114.335 0.053
202206 0.073 114.558 0.073
202209 0.090 115.339 0.090
202212 0.227 115.116 0.227
202303 0.094 115.116 0.094
202306 0.224 114.558 0.225
202309 0.295 115.339 0.295
202312 0.070 114.781 0.070
202403 0.021 115.227 0.021

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.


Greattown Holdings  (SHSE:900940) 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.


Greattown Holdings Cyclically Adjusted PS Ratio Related Terms

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


Greattown Holdings (SHSE:900940) Business Description

Traded in Other Exchanges
Address
No. 1116, Hongsong East Road, Building 1, 5th Floor, A District, Minhang District, Shanghai, CHN, 201103
Greattown Holdings Ltd is engaged in the development and sale of real estate. The company is also engaged in the development of commercial buildings, hotels, and residential buildings. Famous city is one of the projects of the company which includes Residential, Business and Hotel series.

Greattown Holdings (SHSE:900940) Headlines

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