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Sichuan Xichang Electric Power Co (SHSE:600505) Cyclically Adjusted PS Ratio : 4.19 (As of May. 15, 2024)


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What is Sichuan Xichang Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Sichuan Xichang Electric Power Co's current share price is ¥12.44. Sichuan Xichang Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.97. Sichuan Xichang Electric Power Co's Cyclically Adjusted PS Ratio for today is 4.19.

The historical rank and industry rank for Sichuan Xichang Electric Power Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600505' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 3.79   Max: 11.5
Current: 4.58

During the past years, Sichuan Xichang Electric Power Co's highest Cyclically Adjusted PS Ratio was 11.50. The lowest was 1.84. And the median was 3.79.

SHSE:600505's Cyclically Adjusted PS Ratio is ranked worse than
90.6% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.29 vs SHSE:600505: 4.58

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.

Sichuan Xichang Electric Power Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.988. 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 ¥2.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Xichang Electric Power Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sichuan Xichang Electric Power 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.

Sichuan Xichang Electric Power Co Cyclically Adjusted PS Ratio Chart

Sichuan Xichang Electric Power 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 4.09 2.91 4.09 2.83 2.91

Sichuan Xichang Electric Power 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 2.86 3.32 2.62 2.91 2.76

Competitive Comparison of Sichuan Xichang Electric Power Co's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Sichuan Xichang Electric Power 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.


Sichuan Xichang Electric Power Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Xichang Electric Power Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Xichang Electric Power Co's Cyclically Adjusted PS Ratio falls into.



Sichuan Xichang Electric Power 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.

Sichuan Xichang Electric Power Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.44/2.97
=4.19

* 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.

Sichuan Xichang Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sichuan Xichang Electric Power 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)
=0.988/114.6694*114.6694
=0.988

Current CPI (Mar. 2024) = 114.6694.

Sichuan Xichang Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.443 98.200 0.517
201409 0.603 98.900 0.699
201412 0.616 99.000 0.713
201503 0.507 99.900 0.582
201506 0.451 99.500 0.520
201509 0.655 100.500 0.747
201512 0.640 100.600 0.730
201603 0.564 102.200 0.633
201606 0.518 101.400 0.586
201609 0.660 102.400 0.739
201612 0.733 102.600 0.819
201703 0.601 103.200 0.668
201706 0.555 103.100 0.617
201709 0.686 104.100 0.756
201712 0.679 104.500 0.745
201803 0.597 105.300 0.650
201806 0.601 104.900 0.657
201809 0.712 106.600 0.766
201812 0.680 106.500 0.732
201903 0.604 107.700 0.643
201906 0.610 107.700 0.649
201909 0.688 109.800 0.719
201912 0.703 111.200 0.725
202003 0.569 112.300 0.581
202006 0.587 110.400 0.610
202009 0.771 111.700 0.791
202012 0.713 111.500 0.733
202103 0.674 112.662 0.686
202106 0.703 111.769 0.721
202109 0.861 112.215 0.880
202112 0.730 113.108 0.740
202203 0.747 114.335 0.749
202206 0.806 114.558 0.807
202209 0.853 115.339 0.848
202212 1.114 115.116 1.110
202303 0.895 115.116 0.892
202306 0.941 114.558 0.942
202309 0.998 115.339 0.992
202312 1.020 114.669 1.020
202403 0.988 114.669 0.988

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.


Sichuan Xichang Electric Power Co  (SHSE:600505) 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.


Sichuan Xichang Electric Power Co Cyclically Adjusted PS Ratio Related Terms

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Sichuan Xichang Electric Power Co (SHSE:600505) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Shengli Road, Xichang, Sichuan, CHN, 615000
Sichuan Xichang Electric Power Co Ltd is engaged in the business of generating electric power.

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