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Goldin Financial Holdings (HKSE:00530) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Goldin Financial Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldin Financial Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Goldin Financial 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.

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Goldin Financial Holdings Cyclically Adjusted PS Ratio Chart

Goldin Financial Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted PS Ratio
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Goldin Financial Holdings Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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Competitive Comparison of Goldin Financial Holdings's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Goldin Financial 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.


Goldin Financial Holdings's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Goldin Financial Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Goldin Financial 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.

Goldin Financial Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun21 is calculated as:

For example, Goldin Financial Holdings's adjusted Revenue per Share data for the fiscal year that ended in Jun21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun21 (Change)*Current CPI (Jun21)
=0.053/111.3595*111.3595
=0.053

Current CPI (Jun21) = 111.3595.

Goldin Financial Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201206 0.047 89.373 0.059
201306 0.047 93.001 0.056
201406 0.057 96.409 0.066
201506 0.081 99.267 0.091
201606 0.088 101.686 0.096
201706 0.108 103.664 0.116
201806 0.113 106.193 0.118
201906 0.086 109.601 0.087
202006 0.084 110.590 0.085
202106 0.053 111.360 0.053

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.


Goldin Financial Holdings  (HKSE:00530) 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.


Goldin Financial Holdings Cyclically Adjusted PS Ratio Related Terms

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Goldin Financial Holdings (HKSE:00530) Business Description

Traded in Other Exchanges
N/A
Address
17 Kai Cheung Road, 25th Floor, Goldin Financial Global Centre, Kowloon Bay, Hong Kong, HKG
Goldin Financial Holdings Ltd is an investment holding company. The company's operating segment includes Property; Winery and wine related; Factoring and Financial investments. It generates maximum revenue from the Property segment. The Property segment engages in property development and investment. Its Factoring segment engages in the provision of factoring services. The Winery and wine related segment engage in the trading of wines, wine storage, and the operation of vineyards and restaurants. Its Financial investments segment engages in securities and derivative investment and trading and investment in financial instruments. Geographically, it derives a majority of revenue from Hong Kong.
Executives
Industrial And Commercial Bank Of China (macau) Limited 2106 Person having a security interest in shares
Nyh Limited 2106 Person having a security interest in shares
Sea Fortune Ventures Limited 2106 Person having a security interest in shares
Vast Gold Holdings Limited 2106 Person having a security interest in shares
Lu Wing Chi 2106 Person having a security interest in shares
Pan Sutong 2101 Beneficial owner
Goldin Global Holdings Limited 2101 Beneficial owner

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