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GBA Holdings (HKSE:00261) Cyclically Adjusted PS Ratio : 0.17 (As of Jun. 08, 2024)


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What is GBA Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-08), GBA Holdings's current share price is HK$0.36. GBA Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$2.07. GBA Holdings's Cyclically Adjusted PS Ratio for today is 0.17.

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

HKSE:00261' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.42   Max: 1.03
Current: 0.17

During the past 13 years, GBA Holdings's highest Cyclically Adjusted PS Ratio was 1.03. The lowest was 0.04. And the median was 0.42.

HKSE:00261's Cyclically Adjusted PS Ratio is ranked better than
86.83% of 448 companies
in the Conglomerates industry
Industry Median: 0.725 vs HKSE:00261: 0.17

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.

GBA Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.116. 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 HK$2.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GBA Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GBA 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.

GBA Holdings Cyclically Adjusted PS Ratio Chart

GBA 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 0.66 0.82 1.03 0.07 0.08

GBA Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.03 - 0.07 - 0.08

Competitive Comparison of GBA Holdings's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, GBA 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.


GBA Holdings's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, GBA Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GBA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.36/2.07
=0.17

* 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.

GBA Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, GBA Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.116/117.2957*117.2957
=0.116

Current CPI (Dec23) = 117.2957.

GBA Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.210 99.707 7.305
201512 4.439 102.015 5.104
201612 2.344 103.225 2.664
201712 1.697 104.984 1.896
201812 1.177 107.622 1.283
201912 0.286 110.700 0.303
202012 0.842 109.711 0.900
202112 1.002 112.349 1.046
202212 0.114 114.548 0.117
202312 0.116 117.296 0.116

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.


GBA Holdings  (HKSE:00261) 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.


GBA Holdings Cyclically Adjusted PS Ratio Related Terms

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


GBA Holdings (HKSE:00261) Business Description

Traded in Other Exchanges
N/A
Address
77 Leighton Road, Room 1415, 14th floor, Leighton Centre, Causeway Bay, Hong Kong, HKG
GBA Holdings Ltd is an investment holding company engaged in property development and investment in Mainland China and finance business in Hong Kong. Its segments include the Property business segment representing the development and sale of properties; and the Finance business segment representing the finance business. It derives a majority of its revenue from the Property business segment. The group has prime operations in Mainland China and Hong Kong.
Executives
Top Pioneer Holdings Limited 2101 Beneficial owner
Ong Chor Wei 2201 Interest of corporation controlled by you
Jim Ka Shun 2101 Beneficial owner
Cct Fortis Holdings Limited 2201 Interest of corporation controlled by you
Mak Shiu Tong 2201 Interest of corporation controlled by you
Mak Chun Kiu 2201 Interest of corporation controlled by you
Chan Kar Yeung
Ever Sino Group Limited 2101 Beneficial owner

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