GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yan Tat Group Holdings Ltd (HKSE:01480) » Definitions » Cyclically Adjusted PS Ratio

Yan Tat Group Holdings (HKSE:01480) Cyclically Adjusted PS Ratio : 0.39 (As of Jun. 10, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Yan Tat Group Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Yan Tat Group Holdings's current share price is HK$1.19. Yan Tat Group Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$3.06. Yan Tat Group Holdings's Cyclically Adjusted PS Ratio for today is 0.39.

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

HKSE:01480' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.47
Current: 0.39

During the past 11 years, Yan Tat Group Holdings's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.32. And the median was 0.37.

HKSE:01480's Cyclically Adjusted PS Ratio is ranked better than
77.58% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs HKSE:01480: 0.39

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.

Yan Tat Group Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$2.623. 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$3.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yan Tat Group Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yan Tat Group 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.

Yan Tat Group Holdings Cyclically Adjusted PS Ratio Chart

Yan Tat Group 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 - - - 0.35 0.34

Yan Tat Group 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 - - 0.35 - 0.34

Competitive Comparison of Yan Tat Group Holdings's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Yan Tat Group 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.


Yan Tat Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yan Tat Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yan Tat Group 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.

Yan Tat Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.19/3.06
=0.39

* 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.

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

For example, Yan Tat Group 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)
=2.623/114.7809*114.7809
=2.623

Current CPI (Dec23) = 114.7809.

Yan Tat Group Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.607 99.000 4.182
201512 2.662 100.600 3.037
201612 2.464 102.600 2.757
201712 2.640 104.500 2.900
201812 3.192 106.500 3.440
201912 2.710 111.200 2.797
202012 2.446 111.500 2.518
202112 3.183 113.108 3.230
202212 3.098 115.116 3.089
202312 2.623 114.781 2.623

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.


Yan Tat Group Holdings  (HKSE:01480) 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.


Yan Tat Group Holdings Cyclically Adjusted PS Ratio Related Terms

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


Yan Tat Group Holdings (HKSE:01480) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Yantat Road (West Gate), 81 Lijing South Road (East Main Gate), Pingshan New District, Shenzhen, CHN
Yan Tat Group Holdings Ltd is engaged in the manufacture and sale of printed circuit boards (PCB). The company's conventional and special material PCBs comprise three product categories, Single-sided, Double-sided, and Multi-layered. Its products are principally used in sectors such as communication, automobile, industrial automation, consumer electronics, and medicine. In addition, it is also involved in the property holding business. The company has a business presence in Mainland China, Europe, Hong Kong, North America, Asia, Africa, Oceania, and South America, of which key revenue is generated from Mainland China.

Yan Tat Group Holdings (HKSE:01480) Headlines

No Headlines