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Jiugui Liquor Co (SZSE:000799) Cyclically Adjusted PS Ratio : 8.82 (As of Jun. 13, 2024)


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What is Jiugui Liquor Co Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Jiugui Liquor Co's current share price is ¥50.01. Jiugui Liquor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.67. Jiugui Liquor Co's Cyclically Adjusted PS Ratio for today is 8.82.

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

SZSE:000799' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.21   Med: 10.3   Max: 72.31
Current: 8.88

During the past years, Jiugui Liquor Co's highest Cyclically Adjusted PS Ratio was 72.31. The lowest was 5.21. And the median was 10.30.

SZSE:000799's Cyclically Adjusted PS Ratio is ranked worse than
93.57% of 171 companies
in the Beverages - Alcoholic industry
Industry Median: 1.69 vs SZSE:000799: 8.88

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.

Jiugui Liquor Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.520. 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


Jiugui Liquor Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jiugui Liquor 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.

Jiugui Liquor Co Cyclically Adjusted PS Ratio Chart

Jiugui Liquor 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 11.37 44.87 50.45 28.06 13.23

Jiugui Liquor 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 25.16 17.25 16.31 13.23 9.98

Competitive Comparison of Jiugui Liquor Co's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Jiugui Liquor 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.


Jiugui Liquor Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiugui Liquor Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jiugui Liquor 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.

Jiugui Liquor Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.01/5.67
=8.82

* 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.

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

For example, Jiugui Liquor 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)
=1.52/115.2271*115.2271
=1.520

Current CPI (Mar. 2024) = 115.2271.

Jiugui Liquor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.299 98.200 0.351
201409 0.285 98.900 0.332
201412 0.361 99.000 0.420
201503 0.496 99.900 0.572
201506 0.447 99.500 0.518
201509 0.392 100.500 0.449
201512 0.514 100.600 0.589
201603 0.514 102.200 0.580
201606 0.381 101.400 0.433
201609 0.441 102.400 0.496
201612 0.680 102.600 0.764
201703 0.559 103.200 0.624
201706 0.581 103.100 0.649
201709 0.557 104.100 0.617
201712 1.006 104.500 1.109
201803 0.817 105.300 0.894
201806 0.795 104.900 0.873
201809 0.728 106.600 0.787
201812 1.314 106.500 1.422
201903 1.065 107.700 1.139
201906 1.117 107.700 1.195
201909 0.797 109.800 0.836
201912 1.674 111.200 1.735
202003 0.962 112.300 0.987
202006 1.260 110.400 1.315
202009 1.246 111.700 1.285
202012 2.151 111.500 2.223
202103 2.793 112.662 2.857
202106 2.481 111.769 2.558
202109 2.850 112.215 2.926
202112 2.384 113.108 2.429
202203 5.196 114.335 5.237
202206 2.611 114.558 2.626
202209 2.920 115.339 2.917
202212 1.737 115.116 1.739
202303 2.969 115.116 2.972
202306 1.775 114.558 1.785
202309 1.850 115.339 1.848
202312 2.115 114.781 2.123
202403 1.520 115.227 1.520

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.


Jiugui Liquor Co  (SZSE:000799) 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.


Jiugui Liquor Co Cyclically Adjusted PS Ratio Related Terms

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


Jiugui Liquor Co (SZSE:000799) Business Description

Traded in Other Exchanges
N/A
Address
Luohe Street, Zhenwuying Village, Hunan province, Jishou, CHN, 410015
Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 29%, 56% and 15% of total sales revenue in 2022. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2022.
Executives
Tang Zhen Yu Secretary Dong
Zheng Yi Directors, executives
Li Wen Sheng Executives
Hu Xiao Xi Executives
Wang Hao Director
Wang Zhe Executives
Zhao Chun Lei Executives
Wang Yan Ru Independent director
Han Dong Executives
Yang Jian Jun Executives
Yang Bo Director

Jiugui Liquor Co (SZSE:000799) Headlines

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