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Anhui Jiangnan Chemical Industry Co (SZSE:002226) Cyclically Adjusted PS Ratio : 2.13 (As of Jun. 20, 2024)


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What is Anhui Jiangnan Chemical Industry Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Anhui Jiangnan Chemical Industry Co's current share price is ¥4.54. Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.13. Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted PS Ratio for today is 2.13.

The historical rank and industry rank for Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:002226' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.88   Max: 6.53
Current: 2.1

During the past years, Anhui Jiangnan Chemical Industry Co's highest Cyclically Adjusted PS Ratio was 6.53. The lowest was 1.87. And the median was 2.88.

SZSE:002226's Cyclically Adjusted PS Ratio is ranked worse than
68.95% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs SZSE:002226: 2.10

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.

Anhui Jiangnan Chemical Industry Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.749. 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 ¥2.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Jiangnan Chemical Industry Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anhui Jiangnan Chemical Industry 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.

Anhui Jiangnan Chemical Industry Co Cyclically Adjusted PS Ratio Chart

Anhui Jiangnan Chemical Industry 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 2.46 2.85 3.25 2.49 2.10

Anhui Jiangnan Chemical Industry 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 2.66 2.49 2.47 2.10 2.17

Competitive Comparison of Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Anhui Jiangnan Chemical Industry 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.


Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted PS Ratio falls into.



Anhui Jiangnan Chemical Industry 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.

Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.54/2.13
=2.13

* 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.

Anhui Jiangnan Chemical Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anhui Jiangnan Chemical Industry 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)
=0.749/115.2271*115.2271
=0.749

Current CPI (Mar. 2024) = 115.2271.

Anhui Jiangnan Chemical Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.443 98.200 0.520
201409 0.391 98.900 0.456
201412 0.454 99.000 0.528
201503 0.233 99.900 0.269
201506 0.335 99.500 0.388
201509 0.311 100.500 0.357
201512 0.346 100.600 0.396
201603 0.200 102.200 0.225
201606 0.367 101.400 0.417
201609 0.312 102.400 0.351
201612 0.306 102.600 0.344
201703 0.213 103.200 0.238
201706 0.328 103.100 0.367
201709 0.337 104.100 0.373
201712 0.419 104.500 0.462
201803 0.276 105.300 0.302
201806 0.428 104.900 0.470
201809 0.457 106.600 0.494
201812 0.489 106.500 0.529
201903 0.328 107.700 0.351
201906 0.520 107.700 0.556
201909 0.554 109.800 0.581
201912 0.677 111.200 0.702
202003 0.329 112.300 0.338
202006 0.592 110.400 0.618
202009 0.626 111.700 0.646
202012 0.459 111.500 0.474
202103 0.503 112.662 0.514
202106 0.662 111.769 0.682
202109 0.628 112.215 0.645
202112 0.653 113.108 0.665
202203 0.554 114.335 0.558
202206 0.981 114.558 0.987
202209 0.772 115.339 0.771
202212 0.644 115.116 0.645
202303 0.632 115.116 0.633
202306 1.043 114.558 1.049
202309 0.770 115.339 0.769
202312 0.913 114.781 0.917
202403 0.749 115.227 0.749

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.


Anhui Jiangnan Chemical Industry Co  (SZSE:002226) 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.


Anhui Jiangnan Chemical Industry Co Cyclically Adjusted PS Ratio Related Terms

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


Anhui Jiangnan Chemical Industry Co (SZSE:002226) Business Description

Traded in Other Exchanges
N/A
Address
Fen Jie Hill, Gangkou Town, Ningguo, Anhui, CHN, 242310
Anhui Jiangnan Chemical Industry Co Ltd is a diversified company with the dual-core drive for a civil explosion and new energy business. Its energy business focuses on the development, construction, and operation of wind farms and photovoltaic power plants. The company's product offering comprises packaging explosives, mixed explosives, engineering blasting and other explosive products.
Executives
Guo Shu Guang Director
Zhao Lei Secretary, Director
Meng Qun Ying Supervisors
Li Ting Long Executives
Wu Ben Zhi Executives
Xiong Li Wu Director
Fang Ji Qing Executives
Xu Fang Ping Executives
Ou Fei Neng Director
Liu Meng Ai Executives

Anhui Jiangnan Chemical Industry Co (SZSE:002226) Headlines

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