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GME Group Holdings (HKSE:08188) Cyclically Adjusted PS Ratio : 0.53 (As of Jun. 07, 2024)


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What is GME Group Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-07), GME Group Holdings's current share price is HK$0.275. GME Group Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.52. GME Group Holdings's Cyclically Adjusted PS Ratio for today is 0.53.

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

HKSE:08188' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.35   Max: 0.49
Current: 0.41

During the past 10 years, GME Group Holdings's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.17. And the median was 0.35.

HKSE:08188's Cyclically Adjusted PS Ratio is ranked better than
64.28% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs HKSE:08188: 0.41

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.

GME Group Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$1.127. 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$0.52 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GME Group Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GME 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.

GME Group Holdings Cyclically Adjusted PS Ratio Chart

GME 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 - - - - 0.15

GME Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 0.15

Competitive Comparison of GME Group Holdings's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, GME 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.


GME Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, GME Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GME 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.275/0.52
=0.53

* 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.

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

For example, GME 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)
=1.127/117.2957*117.2957
=1.127

Current CPI (Dec23) = 117.2957.

GME Group Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.251 99.707 0.295
201512 0.215 102.015 0.247
201612 0.424 103.225 0.482
201712 0.326 104.984 0.364
201812 0.281 107.622 0.306
201912 0.165 110.700 0.175
202012 0.276 109.711 0.295
202112 0.909 112.349 0.949
202212 0.903 114.548 0.925
202312 1.127 117.296 1.127

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.


GME Group Holdings  (HKSE:08188) 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.


GME Group Holdings Cyclically Adjusted PS Ratio Related Terms

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


GME Group Holdings (HKSE:08188) Business Description

Traded in Other Exchanges
N/A
Address
148 Electric Road, Room 1001-2, 10th Floor, Hong Kong, HKG
GME Group Holdings Ltd along with its subsidiaries is engaged in providing underground construction services in Hong Kong. Tunnel construction services include excavation, shortening, shutter design and fabrication, tunnel lining services, shafts, advanced and structural works; and utility construction that includes mainly underground public utility works such as road and drainage works and others that include mainly structural works and construction of service buildings and support structure. It also provides program design, costing, and management for underground construction services. It derives all of its revenue from Hong Kong.
Executives
Ng Kwok Lun 2101 Beneficial owner
Chuang Chun Ngok Boris 2103 Interests held jointly with another person
Chuang Wei Chu 2103 Interests held jointly with another person
Chuang Yau Ka 2103 Interests held jointly with another person
To Yin Ping 2101 Beneficial owner

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