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Caissa Tosun Development Co (SZSE:000796) Cyclically Adjusted PS Ratio : 0.61 (As of May. 26, 2024)


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What is Caissa Tosun Development Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Caissa Tosun Development Co's current share price is ¥3.44. Caissa Tosun Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.67. Caissa Tosun Development Co's Cyclically Adjusted PS Ratio for today is 0.61.

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

SZSE:000796' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.91   Max: 12.9
Current: 0.61

During the past years, Caissa Tosun Development Co's highest Cyclically Adjusted PS Ratio was 12.90. The lowest was 0.51. And the median was 1.91.

SZSE:000796's Cyclically Adjusted PS Ratio is ranked better than
77.15% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs SZSE:000796: 0.61

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.

Caissa Tosun Development Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.104. 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 ¥5.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caissa Tosun Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Caissa Tosun Development 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.

Caissa Tosun Development Co Cyclically Adjusted PS Ratio Chart

Caissa Tosun Development 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 1.48 2.17 1.25 1.05 0.68

Caissa Tosun Development 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 0.92 0.68 0.67 0.68 0.57

Competitive Comparison of Caissa Tosun Development Co's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Caissa Tosun Development 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.


Caissa Tosun Development Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caissa Tosun Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Caissa Tosun Development Co's Cyclically Adjusted PS Ratio falls into.



Caissa Tosun Development 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.

Caissa Tosun Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.44/5.67
=0.61

* 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.

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

For example, Caissa Tosun Development 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)
=0.104/115.2271*115.2271
=0.104

Current CPI (Mar. 2024) = 115.2271.

Caissa Tosun Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.540 98.200 0.634
201409 1.828 98.900 2.130
201412 1.606 99.000 1.869
201503 1.153 99.900 1.330
201506 1.450 99.500 1.679
201509 2.897 100.500 3.322
201512 1.586 100.600 1.817
201603 1.519 102.200 1.713
201606 1.723 101.400 1.958
201609 3.023 102.400 3.402
201612 1.998 102.600 2.244
201703 2.016 103.200 2.251
201706 2.223 103.100 2.484
201709 3.531 104.100 3.908
201712 2.247 104.500 2.478
201803 2.238 105.300 2.449
201806 2.456 104.900 2.698
201809 3.849 106.600 4.160
201812 1.642 106.500 1.777
201903 1.600 107.700 1.712
201906 1.826 107.700 1.954
201909 2.459 109.800 2.581
201912 1.634 111.200 1.693
202003 0.938 112.300 0.962
202006 0.170 110.400 0.177
202009 0.371 111.700 0.383
202012 0.533 111.500 0.551
202103 0.299 112.662 0.306
202106 0.418 111.769 0.431
202109 0.255 112.215 0.262
202112 0.198 113.108 0.202
202203 0.152 114.335 0.153
202206 0.086 114.558 0.087
202209 0.118 115.339 0.118
202212 0.013 115.116 0.013
202303 0.096 115.116 0.096
202306 0.188 114.558 0.189
202309 0.318 115.339 0.318
202312 0.062 114.781 0.062
202403 0.104 115.227 0.104

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.


Caissa Tosun Development Co  (SZSE:000796) 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.


Caissa Tosun Development Co Cyclically Adjusted PS Ratio Related Terms

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


Caissa Tosun Development Co (SZSE:000796) Business Description

Traded in Other Exchanges
N/A
Address
No.155 Jinger Road, Weibin District, Shaanxi, Baoji, CHN, 721000
Caissa Tosun Development Co Ltd is engaged in tourism industry. The company's services include group tours, domestic and peripheral tours, cruise, visa, air tickets, hotel bookings, theme tours, among others.
Executives
Nang Qi Directors, executives
Ma Yi Wen Director
Zheng Dan Supervisors
Zhang Ling Directors, executives
Gao Zhi Ping Supervisors
Zhang Wei Supervisors
Liu Jiang Tao Directors, executives
Li Wei Dong Supervisors
Liu Zhi Qiang Director
Wei Cun Gong Director
Ma Zhang Zhao Supervisors
Li Zhang Ming Supervisors

Caissa Tosun Development Co (SZSE:000796) Headlines

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