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Hunan Silver Co (SZSE:002716) Cyclically Adjusted PS Ratio : 0.50 (As of May. 24, 2024)


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What is Hunan Silver Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Hunan Silver Co's current share price is ¥3.73. Hunan Silver Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.48. Hunan Silver Co's Cyclically Adjusted PS Ratio for today is 0.50.

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

SZSE:002716' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.37   Max: 0.55
Current: 0.48

During the past years, Hunan Silver Co's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.29. And the median was 0.37.

SZSE:002716's Cyclically Adjusted PS Ratio is ranked better than
77.32% of 582 companies
in the Metals & Mining industry
Industry Median: 1.335 vs SZSE:002716: 0.48

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.

Hunan Silver Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.574. 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 ¥7.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunan Silver Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hunan Silver 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.

Hunan Silver Co Cyclically Adjusted PS Ratio Chart

Hunan Silver 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 - - 0.37 0.38 0.37

Hunan Silver 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 0.40 0.36 0.36 0.37 0.42

Competitive Comparison of Hunan Silver Co's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Hunan Silver 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.


Hunan Silver Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hunan Silver Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hunan Silver 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.

Hunan Silver Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.73/7.48
=0.50

* 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.

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

For example, Hunan Silver 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)
=0.574/115.2271*115.2271
=0.574

Current CPI (Mar. 2024) = 115.2271.

Hunan Silver Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.805 98.200 3.291
201409 2.969 98.900 3.459
201412 1.396 99.000 1.625
201503 2.867 99.900 3.307
201506 1.718 99.500 1.990
201509 1.819 100.500 2.086
201512 1.863 100.600 2.134
201603 1.450 102.200 1.635
201606 2.852 101.400 3.241
201609 2.053 102.400 2.310
201612 3.102 102.600 3.484
201703 2.742 103.200 3.062
201706 2.178 103.100 2.434
201709 5.257 104.100 5.819
201712 4.125 104.500 4.548
201803 4.233 105.300 4.632
201806 5.369 104.900 5.898
201809 3.649 106.600 3.944
201812 2.613 106.500 2.827
201903 1.950 107.700 2.086
201906 2.589 107.700 2.770
201909 1.432 109.800 1.503
201912 0.261 111.200 0.270
202003 0.115 112.300 0.118
202006 0.159 110.400 0.166
202009 0.539 111.700 0.556
202012 0.038 111.500 0.039
202103 0.001 112.662 0.001
202106 0.192 111.769 0.198
202109 0.315 112.215 0.323
202112 0.584 113.108 0.595
202203 0.422 114.335 0.425
202206 0.281 114.558 0.283
202209 0.304 115.339 0.304
202212 0.679 115.116 0.680
202303 0.494 115.116 0.494
202306 0.407 114.558 0.409
202309 0.668 115.339 0.667
202312 0.655 114.781 0.658
202403 0.574 115.227 0.574

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.


Hunan Silver Co  (SZSE:002716) 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.


Hunan Silver Co Cyclically Adjusted PS Ratio Related Terms

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


Hunan Silver Co (SZSE:002716) Business Description

Traded in Other Exchanges
N/A
Address
No. 680, Nanling Avenue, Jingui Building, Beihu District, Hunan Province, Chenzhou, CHN
Chenzhou City Jingui Silver Industry Co Ltd is a Chinese company engaged in the production and operation of silver and deep processing of silver. The company has the silver smelting and deep processing technology through which it produces silver products and other metals. The company offers silver nitrate, tellurium, gold, indium, copper, bismuth, antimony ingot, zinc and lead ingots.
Executives
Liu Cheng Meng Directors, executives
Meng Jian Yi Executives
Cao Yong De Directors, executives
Zhang Ping Xi Directors, executives
Zhang Xiao Hui Supervisors
Xu Jun Director
Feng Yuan Fa Supervisors
Ma Shui Rong Supervisors
Xiong De Qiang Executives
Chen Zhan Qi Directors, executives
Cao Yong Gui Director
Xie Zhao Feng Executives
Tan Wen Qing Independent director

Hunan Silver Co (SZSE:002716) Headlines

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