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GDH Guangnan (Holdings) (HKSE:01203) Cyclically Adjusted PS Ratio : 0.05 (As of Jun. 08, 2024)


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What is GDH Guangnan (Holdings) Cyclically Adjusted PS Ratio?

As of today (2024-06-08), GDH Guangnan (Holdings)'s current share price is HK$0.57. GDH Guangnan (Holdings)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was HK$11.56. GDH Guangnan (Holdings)'s Cyclically Adjusted PS Ratio for today is 0.05.

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

HKSE:01203' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.05   Max: 0.05
Current: 0.05

During the past years, GDH Guangnan (Holdings)'s highest Cyclically Adjusted PS Ratio was 0.05. The lowest was 0.05. And the median was 0.05.

HKSE:01203's Cyclically Adjusted PS Ratio is ranked better than
97.9% of 523 companies
in the Steel industry
Industry Median: 0.48 vs HKSE:01203: 0.05

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.

GDH Guangnan (Holdings)'s adjusted revenue per share data for the three months ended in Dec. 2023 was HK$2.864. 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$11.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GDH Guangnan (Holdings) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GDH Guangnan (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.

GDH Guangnan (Holdings) Cyclically Adjusted PS Ratio Chart

GDH Guangnan (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 - - - - 0.05

GDH Guangnan (Holdings) Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 - - 0.05 0.05 -

Competitive Comparison of GDH Guangnan (Holdings)'s Cyclically Adjusted PS Ratio

For the Steel subindustry, GDH Guangnan (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.


GDH Guangnan (Holdings)'s Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where GDH Guangnan (Holdings)'s Cyclically Adjusted PS Ratio falls into.



GDH Guangnan (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.

GDH Guangnan (Holdings)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.57/11.56
=0.05

* 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.

GDH Guangnan (Holdings)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, GDH Guangnan (Holdings)'s adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.864/117.2957*117.2957
=2.864

Current CPI (Dec. 2023) = 117.2957.

GDH Guangnan (Holdings) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200012 0.000 77.508 0.000
200212 0.000 73.628 0.000
200312 0.000 72.235 0.000
200412 0.000 72.444 0.000
200512 0.000 73.434 0.000
200612 0.000 75.082 0.000
200712 0.000 77.941 0.000
200812 0.000 79.590 0.000
200906 0.000 79.260 0.000
200912 0.000 80.799 0.000
201006 0.000 81.568 0.000
201012 0.000 83.217 0.000
201106 0.000 86.185 0.000
201112 0.000 87.944 0.000
201206 0.000 89.373 0.000
201212 0.000 91.132 0.000
201306 0.000 93.001 0.000
201312 0.000 95.090 0.000
201406 0.000 96.409 0.000
201412 0.000 99.707 0.000
201506 0.000 99.267 0.000
201512 0.000 102.015 0.000
201606 0.000 101.686 0.000
201612 0.000 103.225 0.000
201706 0.000 103.664 0.000
201712 0.000 104.984 0.000
201806 0.000 106.193 0.000
201812 0.000 107.622 0.000
201906 0.000 109.601 0.000
201912 0.000 110.700 0.000
202006 0.000 110.590 0.000
202012 0.000 109.711 0.000
202106 0.000 111.360 0.000
202112 0.000 112.349 0.000
202206 0.000 113.448 0.000
202209 2.683 113.778 2.766
202212 2.751 114.548 2.817
202306 0.000 115.647 0.000
202309 3.082 116.087 3.114
202312 2.864 117.296 2.864

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.


GDH Guangnan (Holdings)  (HKSE:01203) 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.


GDH Guangnan (Holdings) Cyclically Adjusted PS Ratio Related Terms

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GDH Guangnan (Holdings) (HKSE:01203) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Units 2905-08, 29th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
GDH Guangnan (Holdings) Ltd is an investment holding company engaged in the manufacturing and sales of tinplates. The company operates through three business segments. The Tinplating segment is engaged in the production and sales of tinplates and related products, which are used as packaging materials for food processing manufacturers. The Fresh and Live Foodstuffs segment is engaged in the distribution, purchasing, and sales of fresh and live foodstuffs. The Property Leasing segment is engaged in the leasing of office and industrial premises to generate rental income. It is also involved in the operation of pig farming and the distribution of live pigs.

GDH Guangnan (Holdings) (HKSE:01203) Headlines

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