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CEVIA Enviro (SZSE:000885) Cyclically Adjusted PS Ratio : 1.61 (As of Oct. 09, 2024)


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What is CEVIA Enviro Cyclically Adjusted PS Ratio?

As of today (2024-10-09), CEVIA Enviro's current share price is ¥12.57. CEVIA Enviro's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ¥7.79. CEVIA Enviro's Cyclically Adjusted PS Ratio for today is 1.61.

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

SZSE:000885' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.45   Max: 4.57
Current: 1.62

During the past years, CEVIA Enviro's highest Cyclically Adjusted PS Ratio was 4.57. The lowest was 0.80. And the median was 1.45.

SZSE:000885's Cyclically Adjusted PS Ratio is ranked worse than
75.02% of 1237 companies
in the Construction industry
Industry Median: 0.69 vs SZSE:000885: 1.62

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.

CEVIA Enviro's adjusted revenue per share data for the three months ended in Jun. 2024 was ¥2.389. 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 ¥7.79 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEVIA Enviro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CEVIA Enviro'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.

CEVIA Enviro Cyclically Adjusted PS Ratio Chart

CEVIA Enviro 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 1.23 1.45 1.36 1.21 1.45

CEVIA Enviro Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.70 1.41 1.45 1.60 1.56

Competitive Comparison of CEVIA Enviro's Cyclically Adjusted PS Ratio

For the Infrastructure Operations subindustry, CEVIA Enviro'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.


CEVIA Enviro's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, CEVIA Enviro's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CEVIA Enviro's Cyclically Adjusted PS Ratio falls into.



CEVIA Enviro 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.

CEVIA Enviro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.57/7.79
=1.61

* 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.

CEVIA Enviro's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, CEVIA Enviro's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.389/114.7809*114.7809
=2.389

Current CPI (Jun. 2024) = 114.7809.

CEVIA Enviro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.987 98.900 2.306
201412 2.023 99.000 2.345
201503 1.285 99.900 1.476
201506 1.837 99.500 2.119
201509 1.634 100.500 1.866
201512 1.450 100.600 1.654
201603 1.194 102.200 1.341
201606 1.626 101.400 1.841
201609 2.130 102.400 2.388
201612 2.524 102.600 2.824
201703 2.012 103.200 2.238
201706 2.835 103.100 3.156
201709 2.160 104.100 2.382
201712 1.692 104.500 1.858
201803 0.773 105.300 0.843
201806 0.936 104.900 1.024
201809 0.881 106.600 0.949
201812 1.140 106.500 1.229
201903 0.837 107.700 0.892
201906 1.104 107.700 1.177
201909 1.287 109.800 1.345
201912 0.875 111.200 0.903
202003 0.355 112.300 0.363
202006 0.992 110.400 1.031
202009 1.425 111.700 1.464
202012 3.271 111.500 3.367
202103 1.144 112.662 1.166
202106 2.224 111.769 2.284
202109 2.214 112.215 2.265
202112 3.213 113.108 3.261
202203 1.857 114.335 1.864
202206 2.433 114.558 2.438
202209 2.303 115.339 2.292
202212 3.307 115.116 3.297
202303 2.368 115.116 2.361
202306 2.672 114.558 2.677
202309 2.448 115.339 2.436
202312 2.669 114.781 2.669
202403 2.114 115.227 2.106
202406 2.389 114.781 2.389

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.


CEVIA Enviro  (SZSE:000885) 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.


CEVIA Enviro Cyclically Adjusted PS Ratio Related Terms

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


CEVIA Enviro Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Nongye Road East, 16th Floor, Block A, Investment Building, Zhengzhou, CHN, 450008
CEVIA Enviro Inc is engaged in highway operations and urban infrastructure construction.
Executives
Cui Kai Supervisors
Yang Lai Shang Supervisors
Wang Jian Sheng Executives
Cai Zhi Duan Director
Ma Jian Zhong Executives

CEVIA Enviro Headlines

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