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Golik Holdings (HKSE:01118) Cyclically Adjusted PS Ratio : 0.13 (As of Jun. 08, 2024)


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What is Golik Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Golik Holdings's current share price is HK$0.81. Golik Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$6.07. Golik Holdings's Cyclically Adjusted PS Ratio for today is 0.13.

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

HKSE:01118' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.14   Max: 0.2
Current: 0.13

During the past 13 years, Golik Holdings's highest Cyclically Adjusted PS Ratio was 0.20. The lowest was 0.10. And the median was 0.14.

HKSE:01118's Cyclically Adjusted PS Ratio is ranked better than
90.06% of 523 companies
in the Steel industry
Industry Median: 0.48 vs HKSE:01118: 0.13

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.

Golik Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$7.218. 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$6.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golik Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Golik 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.

Golik Holdings Cyclically Adjusted PS Ratio Chart

Golik 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 0.10 0.12 0.18 0.14 0.12

Golik 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 0.18 - 0.14 - 0.12

Competitive Comparison of Golik Holdings's Cyclically Adjusted PS Ratio

For the Steel subindustry, Golik 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.


Golik Holdings's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Golik Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Golik 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.81/6.07
=0.13

* 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.

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

For example, Golik 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)
=7.218/117.2957*117.2957
=7.218

Current CPI (Dec23) = 117.2957.

Golik Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.697 99.707 6.702
201512 4.493 102.015 5.166
201612 3.845 103.225 4.369
201712 4.880 104.984 5.452
201812 5.494 107.622 5.988
201912 4.944 110.700 5.239
202012 5.207 109.711 5.567
202112 7.058 112.349 7.369
202212 7.436 114.548 7.614
202312 7.218 117.296 7.218

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.


Golik Holdings  (HKSE:01118) 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.


Golik Holdings Cyclically Adjusted PS Ratio Related Terms

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


Golik Holdings (HKSE:01118) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Suite 6505, Central Plaza, Wanchai, Hong Kong, HKG
Golik Holdings Ltd is involved in the manufacturing, processing, and distribution of steel, metal products, and building construction materials. The operating segments of the group are Metal products and Building Construction Materials. It offers Steel coil processing, steel wires and wire rope products, Concrete products, Construction steel products and processing, and other construction products and Printing materials. The group has a business presence in Hong Kong, Mainland China, Macau, and other countries, of which key revenue is derived from Hong Kong.
Executives
Golik Investments Ltd.
Pang Tak Chung

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