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China CSSC Holdings (SHSE:600150) Cyclically Adjusted PS Ratio : 2.27 (As of May. 11, 2024)


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What is China CSSC Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-11), China CSSC Holdings's current share price is ¥37.99. China CSSC Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥16.76. China CSSC Holdings's Cyclically Adjusted PS Ratio for today is 2.27.

The historical rank and industry rank for China CSSC Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600150' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.18   Max: 3.58
Current: 2.22

During the past years, China CSSC Holdings's highest Cyclically Adjusted PS Ratio was 3.58. The lowest was 0.46. And the median was 1.18.

SHSE:600150's Cyclically Adjusted PS Ratio is ranked worse than
65.42% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.52 vs SHSE:600150: 2.22

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.

China CSSC Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥3.427. 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 ¥16.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China CSSC Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China CSSC Holdings'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.

China CSSC Holdings Cyclically Adjusted PS Ratio Chart

China CSSC Holdings 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 1.07 0.94 1.37 1.29 1.74

China CSSC Holdings 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 1.36 1.94 1.63 1.74 2.21

Competitive Comparison of China CSSC Holdings's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, China CSSC Holdings'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.


China CSSC Holdings's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China CSSC Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



China CSSC Holdings 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.

China CSSC Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.99/16.76
=2.27

* 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.

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

For example, China CSSC Holdings'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)
=3.427/114.6694*114.6694
=3.427

Current CPI (Mar. 2024) = 114.6694.

China CSSC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.758 98.200 6.724
201409 5.073 98.900 5.882
201412 4.284 99.000 4.962
201503 4.874 99.900 5.595
201506 5.498 99.500 6.336
201509 8.502 100.500 9.701
201512 2.868 100.600 3.269
201603 4.248 102.200 4.766
201606 4.044 101.400 4.573
201609 4.056 102.400 4.542
201612 2.945 102.600 3.291
201703 2.971 103.200 3.301
201706 3.363 103.100 3.740
201709 2.706 104.100 2.981
201712 3.210 104.500 3.522
201803 2.141 105.300 2.332
201806 3.408 104.900 3.725
201809 2.592 106.600 2.788
201812 3.908 106.500 4.208
201903 3.436 107.700 3.658
201906 4.725 107.700 5.031
201909 4.918 109.800 5.136
201912 5.327 111.200 5.493
202003 3.550 112.300 3.625
202006 2.892 110.400 3.004
202009 3.435 111.700 3.526
202012 3.094 111.500 3.182
202103 2.297 112.662 2.338
202106 3.721 111.769 3.818
202109 2.512 112.215 2.567
202112 5.787 113.108 5.867
202203 3.015 114.335 3.024
202206 2.381 114.558 2.383
202209 3.246 115.339 3.227
202212 5.443 115.116 5.422
202303 2.077 115.116 2.069
202306 4.702 114.558 4.707
202309 4.262 115.339 4.237
202312 5.580 114.669 5.580
202403 3.427 114.669 3.427

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.


China CSSC Holdings  (SHSE:600150) 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.


China CSSC Holdings Cyclically Adjusted PS Ratio Related Terms

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


China CSSC Holdings (SHSE:600150) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Pudong Avenue, Pudong New Area, 15A, China Shipbuilding Building, Shanghai, CHN, 200120
China CSSC Holdings Ltd is a China-based company engaged in the business activities of shipbuilding and ship repair. Its main products are a Capesize bulk carrier, Floating production storage and offloading, Aframax tanker and others. In addition, the company is also involved in the business activities of the core package, ocean engineering and other.

China CSSC Holdings (SHSE:600150) Headlines

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