/term/cyclically-adjusted-ps-ratio/SZSE:000036 China Union Holdings (SZSE:000036) Cyclically Adjusted PS R
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China Union Holdings (SZSE:000036) Cyclically Adjusted PS Ratio : 1.98 (As of Jun. 20, 2024)


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What is China Union Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-20), China Union Holdings's current share price is ¥3.07. China Union Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.55. China Union Holdings's Cyclically Adjusted PS Ratio for today is 1.98.

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

SZSE:000036' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 3.16   Max: 11.65
Current: 2.02

During the past years, China Union Holdings's highest Cyclically Adjusted PS Ratio was 11.65. The lowest was 1.04. And the median was 3.16.

SZSE:000036's Cyclically Adjusted PS Ratio is ranked worse than
53.76% of 1369 companies
in the Real Estate industry
Industry Median: 1.73 vs SZSE:000036: 2.02

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.

China Union Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.051. 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 ¥1.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Union Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Union 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.

China Union Holdings Cyclically Adjusted PS Ratio Chart

China Union 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 3.63 3.11 3.16 2.66 2.52

China Union 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 2.50 2.70 2.50 2.52 1.86

Competitive Comparison of China Union Holdings's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, China Union 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.


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

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

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



China Union 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.07/1.55
=1.98

* 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.

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

For example, China Union 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)
=0.051/115.2271*115.2271
=0.051

Current CPI (Mar. 2024) = 115.2271.

China Union Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.031 98.200 0.036
201409 0.027 98.900 0.031
201412 0.034 99.000 0.040
201503 0.030 99.900 0.035
201506 0.036 99.500 0.042
201509 0.038 100.500 0.044
201512 0.163 100.600 0.187
201603 0.033 102.200 0.037
201606 0.034 101.400 0.039
201609 0.031 102.400 0.035
201612 1.303 102.600 1.463
201703 1.202 103.200 1.342
201706 0.719 103.100 0.804
201709 0.124 104.100 0.137
201712 0.635 104.500 0.700
201803 0.306 105.300 0.335
201806 0.835 104.900 0.917
201809 1.143 106.600 1.236
201812 0.547 106.500 0.592
201903 0.784 107.700 0.839
201906 0.420 107.700 0.449
201909 0.399 109.800 0.419
201912 0.613 111.200 0.635
202003 1.004 112.300 1.030
202006 0.419 110.400 0.437
202009 0.283 111.700 0.292
202012 0.118 111.500 0.122
202103 0.352 112.662 0.360
202106 0.098 111.769 0.101
202109 0.117 112.215 0.120
202112 0.631 113.108 0.643
202203 0.116 114.335 0.117
202206 0.128 114.558 0.129
202209 0.097 115.339 0.097
202212 1.183 115.116 1.184
202303 0.114 115.116 0.114
202306 0.086 114.558 0.087
202309 0.080 115.339 0.080
202312 0.151 114.781 0.152
202403 0.051 115.227 0.051

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.


China Union Holdings  (SZSE:000036) 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.


China Union Holdings Cyclically Adjusted PS Ratio Related Terms

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


China Union Holdings (SZSE:000036) Business Description

Traded in Other Exchanges
N/A
Address
No. 2008 Shennan Middle Road, Hualian Building, 11F, Futian District, Shenzhen, Guangdong, CHN, 518031
China Union Holdings Ltd operates in the real estate industry. The business of the company includes real estate development and venture capital. The projects of the company include hualian building, Shanghai Xinhua century park, and China avenue of stars.
Executives
Huang Xin Supervisors
Chen Shan Min Executives
Li Yun Directors, executives
Kong Qing Fu Directors, executives
Su Qin Directors, executives
Zhang Wen Bin Supervisors
Hu Yong Feng Director
Ni Su Qiao Director
Ding Yue Director
Fan Lian Director
Dong Bing Gen Director
Zhang Mei Director
Shen Hua Securities Affairs Representative
Zheng Pi Tong Supervisors

China Union Holdings (SZSE:000036) Headlines

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