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Hengyi Petrochemical Co (SZSE:000703) Cyclically Adjusted PS Ratio : 0.20 (As of Jun. 05, 2025)


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What is Hengyi Petrochemical Co Cyclically Adjusted PS Ratio?

As of today (2025-06-05), Hengyi Petrochemical Co's current share price is ¥6.04. Hengyi Petrochemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥30.36. Hengyi Petrochemical Co's Cyclically Adjusted PS Ratio for today is 0.20.

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

SZSE:000703' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.5   Max: 1.05
Current: 0.2

During the past years, Hengyi Petrochemical Co's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.19. And the median was 0.50.

SZSE:000703's Cyclically Adjusted PS Ratio is ranked better than
93.72% of 1162 companies
in the Chemicals industry
Industry Median: 1.25 vs SZSE:000703: 0.20

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.

Hengyi Petrochemical Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ¥10.552. 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 ¥30.36 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hengyi Petrochemical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hengyi Petrochemical 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.

Hengyi Petrochemical Co Cyclically Adjusted PS Ratio Chart

Hengyi Petrochemical 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 0.57 0.47 0.28 0.25 0.21

Hengyi Petrochemical 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 0.23 0.25 0.24 0.21 0.20

Competitive Comparison of Hengyi Petrochemical Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Hengyi Petrochemical 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.


Hengyi Petrochemical Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hengyi Petrochemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Hengyi Petrochemical 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.

Hengyi Petrochemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.04/30.36
=0.20

* 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.

Hengyi Petrochemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hengyi Petrochemical 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)
=10.552/115.1156*115.1156
=10.552

Current CPI (Mar. 2025) = 115.1156.

Hengyi Petrochemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.230 99.500 6.051
201509 3.656 100.500 4.188
201512 2.663 100.600 3.047
201603 2.414 102.200 2.719
201606 3.329 101.400 3.779
201609 3.691 102.400 4.149
201612 3.583 102.600 4.020
201703 3.024 103.200 3.373
201706 9.389 103.100 10.483
201709 8.612 104.100 9.523
201712 5.945 104.500 6.549
201803 5.185 105.300 5.668
201806 9.643 104.900 10.582
201809 7.725 106.600 8.342
201812 5.521 106.500 5.968
201903 6.109 107.700 6.530
201906 5.339 107.700 5.707
201909 5.464 109.800 5.729
201912 6.169 111.200 6.386
202003 6.711 112.300 6.879
202006 4.528 110.400 4.721
202009 5.883 111.700 6.063
202012 6.684 111.500 6.901
202103 8.187 112.662 8.365
202106 8.118 111.769 8.361
202109 9.579 112.215 9.827
202112 8.656 113.108 8.810
202203 9.083 114.335 9.145
202206 11.952 114.558 12.010
202209 12.695 115.339 12.670
202212 7.739 115.116 7.739
202303 8.145 115.116 8.145
202306 8.714 114.558 8.756
202309 13.750 115.339 13.723
202312 11.225 114.781 11.258
202403 8.417 115.227 8.409
202406 10.435 114.781 10.465
202409 9.173 115.785 9.120
202412 8.828 114.893 8.845
202503 10.552 115.116 10.552

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.


Hengyi Petrochemical Co  (SZSE:000703) 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.


Hengyi Petrochemical Co Cyclically Adjusted PS Ratio Related Terms

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


Hengyi Petrochemical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 260, Shixin North Road, Building 3, Hengyi Nan'an Mingzhu, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Hengyi Petrochemical Co Ltd is a China-based company engages in the petrochemical industry. Its petrochemical products include PTA, CPL and PET slices, Polyester (PET) bottle pieces, polyester pre-oriented yarn (POY), polyester fully drawn yarn (FDY), polyester elastic yarn (DTY) and polyester staple fiber. The company distributes its products in domestic market and to overseas markets.
Executives
Wang Tie Ming Supervisors
Guan Zong Xiang Executives

Hengyi Petrochemical Co Headlines

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