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Jiangsu Dagang Co (SZSE:002077) Cyclically Adjusted PS Ratio : 5.55 (As of Jun. 10, 2024)


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What is Jiangsu Dagang Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Jiangsu Dagang Co's current share price is ¥13.65. Jiangsu Dagang Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.46. Jiangsu Dagang Co's Cyclically Adjusted PS Ratio for today is 5.55.

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

SZSE:002077' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.56   Max: 6.05
Current: 5.55

During the past years, Jiangsu Dagang Co's highest Cyclically Adjusted PS Ratio was 6.05. The lowest was 0.54. And the median was 1.56.

SZSE:002077's Cyclically Adjusted PS Ratio is ranked worse than
79.66% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs SZSE:002077: 5.55

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.

Jiangsu Dagang Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.146. 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 ¥2.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Dagang Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jiangsu Dagang 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.

Jiangsu Dagang Co Cyclically Adjusted PS Ratio Chart

Jiangsu Dagang 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 0.92 1.18 1.69 4.95 5.90

Jiangsu Dagang 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 4.63 4.54 4.67 5.90 5.63

Competitive Comparison of Jiangsu Dagang Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Jiangsu Dagang 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.


Jiangsu Dagang Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jiangsu Dagang Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jiangsu Dagang 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.

Jiangsu Dagang Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.65/2.46
=5.55

* 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.

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

For example, Jiangsu Dagang 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)
=0.146/115.2271*115.2271
=0.146

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Dagang Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.986 98.200 2.330
201409 1.195 98.900 1.392
201412 1.020 99.000 1.187
201503 1.419 99.900 1.637
201506 0.960 99.500 1.112
201509 0.245 100.500 0.281
201512 0.804 100.600 0.921
201603 0.922 102.200 1.040
201606 0.887 101.400 1.008
201609 0.873 102.400 0.982
201612 0.551 102.600 0.619
201703 0.557 103.200 0.622
201706 0.787 103.100 0.880
201709 0.471 104.100 0.521
201712 0.466 104.500 0.514
201803 0.649 105.300 0.710
201806 0.376 104.900 0.413
201809 0.546 106.600 0.590
201812 1.339 106.500 1.449
201903 0.218 107.700 0.233
201906 0.496 107.700 0.531
201909 0.418 109.800 0.439
201912 0.473 111.200 0.490
202003 0.408 112.300 0.419
202006 0.232 110.400 0.242
202009 0.256 111.700 0.264
202012 0.612 111.500 0.632
202103 0.181 112.662 0.185
202106 0.277 111.769 0.286
202109 0.341 112.215 0.350
202112 0.304 113.108 0.310
202203 0.205 114.335 0.207
202206 0.258 114.558 0.260
202209 0.239 115.339 0.239
202212 0.367 115.116 0.367
202303 0.207 115.116 0.207
202306 0.155 114.558 0.156
202309 0.214 115.339 0.214
202312 0.221 114.781 0.222
202403 0.146 115.227 0.146

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.


Jiangsu Dagang Co  (SZSE:002077) 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.


Jiangsu Dagang Co Cyclically Adjusted PS Ratio Related Terms

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


Jiangsu Dagang Co (SZSE:002077) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Tonggang Road, Dagang New District, Jiangsu Province, Zhenjiang, CHN, 212000
Jiangsu Dagang Co Ltd is a China-based company operating in the real estate development and construction business. It is involved in the production of silicon chips and solar modules, trading and logistics, as well as the sale of concrete. The business segments of the company are High-tech emerging industries, real estate development, and park operation services.
Executives
Wang Gang Director
Lin Zi Wen Director
Xue Qin Executives

Jiangsu Dagang Co (SZSE:002077) Headlines

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