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Houpu Clean Energy Group Co (SZSE:300471) Cyclically Adjusted PS Ratio : 3.82 (As of May. 28, 2024)


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What is Houpu Clean Energy Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Houpu Clean Energy Group Co's current share price is ¥9.20. Houpu Clean Energy Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.41. Houpu Clean Energy Group Co's Cyclically Adjusted PS Ratio for today is 3.82.

The historical rank and industry rank for Houpu Clean Energy Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300471' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.53   Med: 5.36   Max: 6.43
Current: 3.74

During the past years, Houpu Clean Energy Group Co's highest Cyclically Adjusted PS Ratio was 6.43. The lowest was 3.53. And the median was 5.36.

SZSE:300471's Cyclically Adjusted PS Ratio is ranked worse than
87.32% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs SZSE:300471: 3.74

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.

Houpu Clean Energy Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.123. 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 ¥2.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Houpu Clean Energy Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Houpu Clean Energy Group 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.

Houpu Clean Energy Group Co Cyclically Adjusted PS Ratio Chart

Houpu Clean Energy Group 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 - - - - 5.63

Houpu Clean Energy Group 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 6.20 5.74 5.35 5.63 4.58

Competitive Comparison of Houpu Clean Energy Group Co's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Houpu Clean Energy Group 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.


Houpu Clean Energy Group Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Houpu Clean Energy Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Houpu Clean Energy Group Co's Cyclically Adjusted PS Ratio falls into.



Houpu Clean Energy Group 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.

Houpu Clean Energy Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.20/2.41
=3.82

* 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.

Houpu Clean Energy Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Houpu Clean Energy Group 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)
=0.123/115.2271*115.2271
=0.123

Current CPI (Mar. 2024) = 115.2271.

Houpu Clean Energy Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.822 98.200 0.965
201409 0.923 98.900 1.075
201412 1.118 99.000 1.301
201503 0.561 99.900 0.647
201506 0.990 99.500 1.146
201509 0.774 100.500 0.887
201512 1.083 100.600 1.240
201603 0.446 102.200 0.503
201606 0.798 101.400 0.907
201609 0.753 102.400 0.847
201612 1.504 102.600 1.689
201703 0.477 103.200 0.533
201706 0.763 103.100 0.853
201709 0.495 104.100 0.548
201712 0.131 104.500 0.144
201803 0.175 105.300 0.191
201806 0.259 104.900 0.284
201809 0.268 106.600 0.290
201812 0.303 106.500 0.328
201903 0.225 107.700 0.241
201906 0.214 107.700 0.229
201909 0.396 109.800 0.416
201912 0.648 111.200 0.671
202003 0.085 112.300 0.087
202006 0.365 110.400 0.381
202009 0.312 111.700 0.322
202012 0.553 111.500 0.571
202103 0.422 112.662 0.432
202106 0.565 111.769 0.582
202109 0.588 112.215 0.604
202112 0.820 113.108 0.835
202203 0.389 114.335 0.392
202206 0.544 114.558 0.547
202209 0.282 115.339 0.282
202212 0.618 115.116 0.619
202303 0.404 115.116 0.404
202306 0.709 114.558 0.713
202309 0.392 115.339 0.392
202312 0.874 114.781 0.877
202403 0.123 115.227 0.123

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.


Houpu Clean Energy Group Co  (SZSE:300471) 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.


Houpu Clean Energy Group Co Cyclically Adjusted PS Ratio Related Terms

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


Houpu Clean Energy Group Co (SZSE:300471) Business Description

Traded in Other Exchanges
N/A
Address
No. 599, Century City South Road, No. 3, Building 11, Building 6, High-tech Zone, Sichuan, Chengdu, CHN, 611731
Houpu Clean Energy Group Co Ltd is a clean energy solution provider. Its operates in five five business segments: high-end equipment integration for clean energy applications; operation and supervision platform based on Internet+, cloud computing, big data analysis; CRM-based, PLM-based Site operation and maintenance services; energy and chemical engineering consulting, survey, design, construction, installation, project management; clean energy equipment core components R & D (research and development) and manufacturing. Its product offerings include compressor control cabinet, gas supply system, barge LNG filling station, hydrogen station control system, hydrogenation machine, among others.
Executives
Wang Ji Wen Directors, executives
Yu Xin Supervisors
Hu Guan Ling Secretary Dong
Guo Zhi Cheng Executives
Zhong Xiao Directors, executives
Wu Jun Supervisors
Huang Ling Executives
Jiang Tao Directors, executives
Xiao Bin Executives
Huang Tai Gang Executives
Xia Cang Lan Executives
Li Fan Director
Wei Dai Qiang Directors, executives

Houpu Clean Energy Group Co (SZSE:300471) Headlines

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