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CSG Holding Co (SZSE:000012) Cyclically Adjusted PS Ratio : 1.49 (As of May. 21, 2024)


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What is CSG Holding Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), CSG Holding Co's current share price is ¥5.84. CSG Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.93. CSG Holding Co's Cyclically Adjusted PS Ratio for today is 1.49.

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

SZSE:000012' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.4   Max: 5.25
Current: 1.49

During the past years, CSG Holding Co's highest Cyclically Adjusted PS Ratio was 5.25. The lowest was 1.26. And the median was 2.40.

SZSE:000012's Cyclically Adjusted PS Ratio is ranked worse than
64.15% of 318 companies
in the Building Materials industry
Industry Median: 0.98 vs SZSE:000012: 1.49

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.

CSG Holding Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.334. 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 ¥3.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSG Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CSG Holding 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.

CSG Holding Co Cyclically Adjusted PS Ratio Chart

CSG Holding 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 1.60 2.35 3.01 1.88 1.45

CSG Holding 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 1.84 1.62 1.49 1.45 1.39

Competitive Comparison of CSG Holding Co's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, CSG Holding 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.


CSG Holding Co's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CSG Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CSG Holding Co's Cyclically Adjusted PS Ratio falls into.



CSG Holding 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.

CSG Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.84/3.93
=1.49

* 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.

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

For example, CSG Holding 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)
=1.334/115.2271*115.2271
=1.334

Current CPI (Mar. 2024) = 115.2271.

CSG Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.573 98.200 0.672
201409 0.613 98.900 0.714
201412 0.599 99.000 0.697
201503 0.515 99.900 0.594
201506 0.595 99.500 0.689
201509 0.675 100.500 0.774
201512 0.716 100.600 0.820
201603 0.654 102.200 0.737
201606 0.713 101.400 0.810
201609 0.877 102.400 0.987
201612 0.577 102.600 0.648
201703 0.743 103.200 0.830
201706 0.858 103.100 0.959
201709 0.976 104.100 1.080
201712 0.883 104.500 0.974
201803 0.900 105.300 0.985
201806 0.813 104.900 0.893
201809 0.922 106.600 0.997
201812 0.691 106.500 0.748
201903 0.673 107.700 0.720
201906 0.893 107.700 0.955
201909 0.831 109.800 0.872
201912 0.792 111.200 0.821
202003 0.623 112.300 0.639
202006 0.830 110.400 0.866
202009 0.998 111.700 1.030
202012 0.947 111.500 0.979
202103 0.997 112.662 1.020
202106 1.152 111.769 1.188
202109 1.173 112.215 1.204
202112 1.154 113.108 1.176
202203 0.871 114.335 0.878
202206 1.301 114.558 1.309
202209 1.381 115.339 1.380
202212 1.383 115.116 1.384
202303 1.335 115.116 1.336
202306 1.400 114.558 1.408
202309 1.679 115.339 1.677
202312 1.522 114.781 1.528
202403 1.334 115.227 1.334

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.


CSG Holding Co  (SZSE:000012) 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.


CSG Holding Co Cyclically Adjusted PS Ratio Related Terms

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


CSG Holding Co (SZSE:000012) Business Description

Traded in Other Exchanges
Address
6th Industrial Road, CSG Building, Number 1, Shekou, Shenzhen, CHN, 518067
CSG Holding Co Ltd produces and sells glass products. The company's operating segment includes Flat glass; Solar energy; Electronic glass and displays and others. It generates maximum revenue from the Flat glass segment. The flat glass segment is engaged in production and sales of float glass and engineering glass and the silica for the production thereof. Its glass products include Float Glass; Ultra-clear Float Glass; Solar Patterned Low Iron Glass and AR Coating Solar Glass. Geographically, it derives revenue from Mainland China.

CSG Holding Co (SZSE:000012) Headlines

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