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Aluminum of China (Aluminum of China) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Aluminum of China Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aluminum of China Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Cyclically Adjusted PS Ratio Chart

Aluminum of China 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 0.32 0.33 0.54 0.38 0.49

Aluminum of China 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 0.46 0.47 0.53 0.49 0.64

Competitive Comparison of Aluminum of China's Cyclically Adjusted PS Ratio

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aluminum of China's Cyclically Adjusted PS Ratio falls into.



Aluminum of China 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.

Aluminum of China's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aluminum of China'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)
=9.903/114.6694*114.6694
=9.903

Current CPI (Mar. 2024) = 114.6694.

Aluminum of China Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.339 98.200 12.073
201409 10.448 98.900 12.114
201412 11.115 99.000 12.874
201503 8.118 99.900 9.318
201506 11.445 99.500 13.190
201509 7.729 100.500 8.819
201512 7.276 100.600 8.294
201603 5.411 102.200 6.071
201606 7.377 101.400 8.342
201609 10.499 102.400 11.757
201612 12.725 102.600 14.222
201703 9.966 103.200 11.074
201706 12.436 103.100 13.832
201709 12.428 104.100 13.690
201712 10.416 104.500 11.430
201803 9.756 105.300 10.624
201806 10.579 104.900 11.564
201809 10.599 106.600 11.401
201812 11.652 106.500 12.546
201903 10.775 107.700 11.472
201906 11.052 107.700 11.767
201909 10.490 109.800 10.955
201912 9.294 111.200 9.584
202003 8.304 112.300 8.479
202006 9.211 110.400 9.567
202009 10.576 111.700 10.857
202012 11.866 111.500 12.203
202103 11.877 112.662 12.089
202106 15.581 111.769 15.985
202109 16.859 112.215 17.228
202112 23.970 113.108 24.301
202203 18.619 114.335 18.674
202206 17.205 114.558 17.222
202209 14.271 115.339 14.188
202212 13.363 115.116 13.311
202303 14.011 115.116 13.957
202306 13.788 114.558 13.801
202309 10.847 115.339 10.784
202312 7.481 114.669 7.481
202403 9.903 114.669 9.903

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.


Aluminum of China  (OTCPK:ACHHY) 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.


Aluminum of China Cyclically Adjusted PS Ratio Related Terms

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Aluminum of China (Aluminum of China) Business Description

Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

Aluminum of China (Aluminum of China) Headlines

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