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China Reform Health Management And Services Group Co (SZSE:000503) Cyclically Adjusted PS Ratio : 32.96 (As of May. 14, 2024)


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What is China Reform Health Management And Services Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), China Reform Health Management And Services Group Co's current share price is ¥8.24. China Reform Health Management And Services Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.25. China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio for today is 32.96.

The historical rank and industry rank for China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:000503' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 27.05   Med: 66.52   Max: 277.68
Current: 34.28

During the past years, China Reform Health Management And Services Group Co's highest Cyclically Adjusted PS Ratio was 277.68. The lowest was 27.05. And the median was 66.52.

SZSE:000503's Cyclically Adjusted PS Ratio is ranked worse than
100% of 14 companies
in the Healthcare Plans industry
Industry Median: 0.985 vs SZSE:000503: 34.28

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 Reform Health Management And Services Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.049. 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 ¥0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Reform Health Management And Services Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Reform Health Management And Services 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.

China Reform Health Management And Services Group Co Cyclically Adjusted PS Ratio Chart

China Reform Health Management And Services 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 75.15 37.91 73.89 42.21 53.02

China Reform Health Management And Services 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 45.27 50.89 44.77 53.02 40.76

Competitive Comparison of China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio

For the Healthcare Plans subindustry, China Reform Health Management And Services 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.


China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio falls into.



China Reform Health Management And Services 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.

China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.24/0.25
=32.96

* 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 Reform Health Management And Services Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Reform Health Management And Services 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)
=0.049/114.6694*114.6694
=0.049

Current CPI (Mar. 2024) = 114.6694.

China Reform Health Management And Services Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.056 98.200 0.065
201409 0.043 98.900 0.050
201412 0.064 99.000 0.074
201503 0.050 99.900 0.057
201506 0.046 99.500 0.053
201509 0.042 100.500 0.048
201512 0.078 100.600 0.089
201603 0.062 102.200 0.070
201606 0.048 101.400 0.054
201609 0.054 102.400 0.060
201612 0.077 102.600 0.086
201703 0.044 103.200 0.049
201706 0.047 103.100 0.052
201709 0.034 104.100 0.037
201712 0.081 104.500 0.089
201803 0.014 105.300 0.015
201806 0.011 104.900 0.012
201809 0.027 106.600 0.029
201812 0.054 106.500 0.058
201903 0.019 107.700 0.020
201906 0.016 107.700 0.017
201909 0.025 109.800 0.026
201912 0.085 111.200 0.088
202003 0.019 112.300 0.019
202006 0.025 110.400 0.026
202009 0.032 111.700 0.033
202012 0.154 111.500 0.158
202103 0.031 112.662 0.032
202106 0.028 111.769 0.029
202109 0.055 112.215 0.056
202112 0.166 113.108 0.168
202203 0.042 114.335 0.042
202206 0.049 114.558 0.049
202209 0.057 115.339 0.057
202212 0.195 115.116 0.194
202303 0.062 115.116 0.062
202306 0.049 114.558 0.049
202309 0.069 115.339 0.069
202312 0.179 114.669 0.179
202403 0.049 114.669 0.049

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 Reform Health Management And Services Group Co  (SZSE:000503) 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 Reform Health Management And Services Group Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of China Reform Health Management And Services Group Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Reform Health Management And Services Group Co (SZSE:000503) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Wenhua Road, Room 703, Junhua Haiyi Hotel, Hainan Province, Haikou, CHN, 570105
China Reform Health Management And Services Group Co Ltd is engaged in the field of health protection services in China. Its main business includes medical insurance control fee service; medical quality and safety service; drug and medical supervision service helping management departments to standardize medical service behavior and improve the safety and effectiveness of medical insurance funds.

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