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Pou Sheng International (Holdings) (HKSE:03813) Cyclically Adjusted PS Ratio : 0.14 (As of May. 28, 2024)


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What is Pou Sheng International (Holdings) Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Pou Sheng International (Holdings)'s current share price is HK$0.68. Pou Sheng International (Holdings)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$4.74. Pou Sheng International (Holdings)'s Cyclically Adjusted PS Ratio for today is 0.14.

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

HKSE:03813' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.15   Max: 0.21
Current: 0.14

During the past 13 years, Pou Sheng International (Holdings)'s highest Cyclically Adjusted PS Ratio was 0.21. The lowest was 0.12. And the median was 0.15.

HKSE:03813's Cyclically Adjusted PS Ratio is ranked better than
89.38% of 857 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs HKSE:03813: 0.14

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.

Pou Sheng International (Holdings)'s adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$4.235. 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$4.74 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pou Sheng International (Holdings) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pou Sheng International (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.

Pou Sheng International (Holdings) Cyclically Adjusted PS Ratio Chart

Pou Sheng International (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 0.62 0.43 0.25 0.17 0.14

Pou Sheng International (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 0.17 - - 0.14 -

Competitive Comparison of Pou Sheng International (Holdings)'s Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Pou Sheng International (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.


Pou Sheng International (Holdings)'s Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Sheng International (Holdings)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pou Sheng International (Holdings)'s Cyclically Adjusted PS Ratio falls into.



Pou Sheng International (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.

Pou Sheng International (Holdings)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.68/4.74
=0.14

* 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.

Pou Sheng International (Holdings)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pou Sheng International (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)
=4.235/117.2957*117.2957
=4.235

Current CPI (Dec23) = 117.2957.

Pou Sheng International (Holdings) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.866 99.707 3.372
201512 3.251 102.015 3.738
201612 3.447 103.225 3.917
201712 4.246 104.984 4.744
201812 4.891 107.622 5.331
201912 5.711 110.700 6.051
202012 5.734 109.711 6.130
202112 5.485 112.349 5.727
202212 4.020 114.548 4.116
202312 4.235 117.296 4.235

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.


Pou Sheng International (Holdings)  (HKSE:03813) 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.


Pou Sheng International (Holdings) Cyclically Adjusted PS Ratio Related Terms

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


Pou Sheng International (Holdings) (HKSE:03813) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Pou Sheng International (Holdings) Ltd is an investment holding company. The principal activities of the Group are the distribution and retailing of sportswear and footwear products, the provision of sports services, and the provision of large-scale commercial spaces to retailers and distributors for commissions from concessionaire sales. The group's operations are mainly located in the PRC.
Executives
Pou Chen Corporation 2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited 2201 Interest of corporation controlled by you

Pou Sheng International (Holdings) (HKSE:03813) Headlines

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