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Bengang Steel Plates Co (SZSE:200761) Cyclically Adjusted PS Ratio : 0.25 (As of Jun. 04, 2025)


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What is Bengang Steel Plates Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Bengang Steel Plates Co's current share price is HK$1.31. Bengang Steel Plates Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was HK$5.22. Bengang Steel Plates Co's Cyclically Adjusted PS Ratio for today is 0.25.

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

SZSE:200761' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.28   Max: 0.57
Current: 0.3

During the past years, Bengang Steel Plates Co's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.16. And the median was 0.28.

SZSE:200761's Cyclically Adjusted PS Ratio is ranked better than
62.99% of 481 companies
in the Steel industry
Industry Median: 0.43 vs SZSE:200761: 0.30

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.

Bengang Steel Plates Co's adjusted revenue per share data for the three months ended in Mar. 2025 was HK$3.228. 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 HK$5.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bengang Steel Plates Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bengang Steel Plates 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.

Bengang Steel Plates Co Cyclically Adjusted PS Ratio Chart

Bengang Steel Plates Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.29 0.20 0.25 0.23

Bengang Steel Plates Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.23 0.18 0.25 0.23 0.26

Competitive Comparison of Bengang Steel Plates Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Bengang Steel Plates 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.


Bengang Steel Plates Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bengang Steel Plates Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bengang Steel Plates Co's Cyclically Adjusted PS Ratio falls into.


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Bengang Steel Plates 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.

Bengang Steel Plates Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.31/5.22
=0.25

* 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.

Bengang Steel Plates Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bengang Steel Plates Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.228/115.1156*115.1156
=3.228

Current CPI (Mar. 2025) = 115.1156.

Bengang Steel Plates Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.226 99.500 4.889
201509 1.740 100.500 1.993
201512 3.435 100.600 3.931
201603 2.326 102.200 2.620
201606 2.432 101.400 2.761
201609 2.726 102.400 3.065
201612 3.418 102.600 3.835
201703 4.019 103.200 4.483
201706 3.492 103.100 3.899
201709 3.677 104.100 4.066
201712 3.704 104.500 4.080
201803 3.709 105.300 4.055
201806 3.899 104.900 4.279
201809 4.461 106.600 4.817
201812 4.416 106.500 4.773
201903 3.545 107.700 3.789
201906 3.812 107.700 4.074
201909 4.647 109.800 4.872
201912 3.679 111.200 3.809
202003 3.644 112.300 3.735
202006 3.080 110.400 3.212
202009 4.994 111.700 5.147
202012 5.093 111.500 5.258
202103 4.769 112.662 4.873
202106 7.163 111.769 7.377
202109 6.026 112.215 6.182
202112 4.004 113.108 4.075
202203 5.195 114.335 5.230
202206 5.285 114.558 5.311
202209 2.944 115.339 2.938
202212 4.657 115.116 4.657
202303 3.783 115.116 3.783
202306 1.984 114.558 1.994
202309 3.341 115.339 3.335
202312 3.982 114.781 3.994
202403 3.922 115.227 3.918
202406 3.545 114.781 3.555
202409 3.164 115.785 3.146
202412 2.883 114.893 2.889
202503 3.228 115.116 3.228

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.


Bengang Steel Plates Co  (SZSE:200761) 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.


Bengang Steel Plates Co Cyclically Adjusted PS Ratio Related Terms

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


Bengang Steel Plates Co Business Description

Traded in Other Exchanges
Address
No.16, Renmin Road, Pingshan District, Liaoning Province, Benxi, CHN, 117000
Bengang Steel Plates Co Ltd is an iron and steel smelting company. Its products are applied in automobiles, household appliances, petrochemical engineering, machine manufacturing, energy transportation, architectural decoration, metal parts, and various other industries and are exported to more than 60 countries and regions.

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