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Fire Rock Holdings (HKSE:01909) Cyclically Adjusted PS Ratio : 1.64 (As of Jun. 06, 2024)


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What is Fire Rock Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Fire Rock Holdings's current share price is HK$0.131. Fire Rock Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.08. Fire Rock Holdings's Cyclically Adjusted PS Ratio for today is 1.64.

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

HKSE:01909' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 1.76   Max: 2.23
Current: 1.7

During the past 10 years, Fire Rock Holdings's highest Cyclically Adjusted PS Ratio was 2.23. The lowest was 1.63. And the median was 1.76.

HKSE:01909's Cyclically Adjusted PS Ratio is ranked worse than
55% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs HKSE:01909: 1.70

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.

Fire Rock Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.035. 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$0.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fire Rock Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fire Rock 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.

Fire Rock Holdings Cyclically Adjusted PS Ratio Chart

Fire Rock 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 - - - - 2.17

Fire Rock Holdings Semi-Annual Data
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 - - - - 2.17

Competitive Comparison of Fire Rock Holdings's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Fire Rock 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.


Fire Rock Holdings's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fire Rock Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fire Rock 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.131/0.08
=1.64

* 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.

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

For example, Fire Rock 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)
=0.035/129.4194*129.4194
=0.035

Current CPI (Dec23) = 129.4194.

Fire Rock Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.010 99.070 0.013
201512 0.012 99.792 0.016
201612 0.014 101.863 0.018
201712 0.025 104.011 0.031
201812 0.048 105.998 0.059
201912 0.088 108.420 0.105
202012 0.153 109.897 0.180
202112 0.270 117.630 0.297
202212 0.030 125.222 0.031
202312 0.035 129.419 0.035

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.


Fire Rock Holdings  (HKSE:01909) 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.


Fire Rock Holdings Cyclically Adjusted PS Ratio Related Terms

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


Fire Rock Holdings (HKSE:01909) Business Description

Traded in Other Exchanges
N/A
Address
20 Science Park Road, Unit 02–25 Teletech Park, Singapore, SGP, 117674
Fire Rock Holdings Ltd is an investment holding company engaged in the development of browser and mobile games. It is also involved in game design, programming, and graphics and licensing game products to other game operators. Its segments are Game & software development and Game operation. The company offers games in different language versions. The games of the company include g-game, number drop, kings and legends, heroines of three kingdoms and hero's crown, and much more. Its geographical segments are the People's Republic of China, Europe, Asia Pacific, and North America.
Executives
Zhang Yan 2201 Interest of corporation controlled by you
Sulfulon International Limited 2101 Beneficial owner
Hu Po 2101 Beneficial owner
Zhang Xiongfeng 2101 Beneficial owner

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