GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World China Land Ltd (FRA:NWO) » Definitions » Cyclically Adjusted PS Ratio

New World China Land (FRA:NWO) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


View and export this data going back to . Start your Free Trial

What is New World China Land Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New World China Land Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New World China Land'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.

New World China Land Cyclically Adjusted PS Ratio Chart

New World China Land Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

New World China Land Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 - - - - -

Competitive Comparison of New World China Land's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, New World China Land'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.


New World China Land's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World China Land's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where New World China Land's Cyclically Adjusted PS Ratio falls into.



New World China Land 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.

New World China Land's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun15 is calculated as:

For example, New World China Land's adjusted Revenue per Share data for the fiscal year that ended in Jun15 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=0.231/99.2671*99.2671
=0.231

Current CPI (Jun15) = 99.2671.

New World China Land Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200606 0.022 74.313 0.029
200706 0.062 75.302 0.082
200806 0.069 79.919 0.086
200906 0.045 79.260 0.056
201006 0.120 81.568 0.146
201106 0.208 86.185 0.240
201206 0.174 89.373 0.193
201306 0.182 93.001 0.194
201406 0.239 96.409 0.246
201506 0.231 99.267 0.231

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.


New World China Land  (FRA:NWO) 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.


New World China Land Cyclically Adjusted PS Ratio Related Terms

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


New World China Land (FRA:NWO) Business Description

Traded in Other Exchanges
N/A
Address
New World China Land Ltd is a real estate company. It develops and invests in properties and real estate in China. The firm's projects include residential communities, serviced apartments, villas, offices, shopping centers, mixed-use comprehensive buildings, hotels, and resorts. It derives the majority of its revenues from proceeds from the sale of properties. The company's majority of assets and operation are located in China.

New World China Land (FRA:NWO) Headlines

No Headlines