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Sichuan Golden Summit Group Co (SHSE:600678) Cyclically Adjusted PS Ratio : 8.01 (As of May. 15, 2024)


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What is Sichuan Golden Summit Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Sichuan Golden Summit Group Co's current share price is ¥6.01. Sichuan Golden Summit Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.75. Sichuan Golden Summit Group Co's Cyclically Adjusted PS Ratio for today is 8.01.

The historical rank and industry rank for Sichuan Golden Summit Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600678' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.82   Med: 10.66   Max: 28.28
Current: 8.21

During the past years, Sichuan Golden Summit Group Co's highest Cyclically Adjusted PS Ratio was 28.28. The lowest was 3.82. And the median was 10.66.

SHSE:600678's Cyclically Adjusted PS Ratio is ranked worse than
94.65% of 318 companies
in the Building Materials industry
Industry Median: 0.98 vs SHSE:600678: 8.21

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 Golden Summit Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.247. 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 ¥0.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Golden Summit Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sichuan Golden Summit 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.

Sichuan Golden Summit Group Co Cyclically Adjusted PS Ratio Chart

Sichuan Golden Summit 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 12.47 11.48 11.13 9.03 11.04

Sichuan Golden Summit 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 8.49 7.73 7.76 11.04 9.16

Competitive Comparison of Sichuan Golden Summit Group Co's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Sichuan Golden Summit 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.


Sichuan Golden Summit Group Co's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sichuan Golden Summit Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Golden Summit Group Co's Cyclically Adjusted PS Ratio falls into.



Sichuan Golden Summit 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.

Sichuan Golden Summit Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.01/0.75
=8.01

* 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 Golden Summit Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sichuan Golden Summit 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)
=0.247/114.6694*114.6694
=0.247

Current CPI (Mar. 2024) = 114.6694.

Sichuan Golden Summit Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.037 98.200 0.043
201409 0.031 98.900 0.036
201412 0.063 99.000 0.073
201503 0.033 99.900 0.038
201506 0.040 99.500 0.046
201509 0.039 100.500 0.044
201512 0.049 100.600 0.056
201603 0.034 102.200 0.038
201606 0.082 101.400 0.093
201609 0.067 102.400 0.075
201612 0.085 102.600 0.095
201703 0.068 103.200 0.076
201706 0.112 103.100 0.125
201709 0.194 104.100 0.214
201712 0.174 104.500 0.191
201803 0.144 105.300 0.157
201806 0.331 104.900 0.362
201809 0.503 106.600 0.541
201812 0.238 106.500 0.256
201903 0.245 107.700 0.261
201906 0.222 107.700 0.236
201909 0.198 109.800 0.207
201912 0.181 111.200 0.187
202003 0.113 112.300 0.115
202006 0.221 110.400 0.230
202009 0.181 111.700 0.186
202012 0.229 111.500 0.236
202103 0.216 112.662 0.220
202106 0.322 111.769 0.330
202109 0.252 112.215 0.258
202112 0.279 113.108 0.283
202203 0.234 114.335 0.235
202206 0.287 114.558 0.287
202209 0.222 115.339 0.221
202212 0.283 115.116 0.282
202303 0.223 115.116 0.222
202306 0.253 114.558 0.253
202309 0.207 115.339 0.206
202312 0.255 114.669 0.255
202403 0.247 114.669 0.247

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 Golden Summit Group Co  (SHSE:600678) 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 Golden Summit Group Co Cyclically Adjusted PS Ratio Related Terms

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Sichuan Golden Summit Group Co (SHSE:600678) Business Description

Traded in Other Exchanges
N/A
Address
No.55, Xinnong Group, Ledu Town, Sichuan Province, Emeishan, CHN, 614000
Sichuan Golden Summit Group Co Ltd primarily engages in the manufacturing and distribution of concrete, ordinary Portland cement, slag Portland cement, and moderate heat Portland cement in China.

Sichuan Golden Summit Group Co (SHSE:600678) Headlines

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