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Xi'an Haitian Antenna Technologies Co (HKSE:08227) Cyclically Adjusted PS Ratio : 10.17 (As of Jun. 07, 2024)


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What is Xi'an Haitian Antenna Technologies Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Xi'an Haitian Antenna Technologies Co's current share price is HK$0.305. Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was HK$0.03. Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio for today is 10.17.

The historical rank and industry rank for Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:08227' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8   Med: 33.19   Max: 86.57
Current: 12.77

During the past years, Xi'an Haitian Antenna Technologies Co's highest Cyclically Adjusted PS Ratio was 86.57. The lowest was 8.00. And the median was 33.19.

HKSE:08227's Cyclically Adjusted PS Ratio is ranked worse than
97.71% of 1922 companies
in the Hardware industry
Industry Median: 1.09 vs HKSE:08227: 12.77

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.

Xi'an Haitian Antenna Technologies Co's adjusted revenue per share data for the three months ended in Dec. 2023 was HK$0.003. 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$0.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xi'an Haitian Antenna Technologies Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Xi'an Haitian Antenna Technologies Co'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.

Xi'an Haitian Antenna Technologies Co Cyclically Adjusted PS Ratio Chart

Xi'an Haitian Antenna Technologies Co 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 30.10 32.96 33.49 15.25 14.25

Xi'an Haitian Antenna Technologies Co 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 15.25 14.52 13.02 12.08 14.25

Competitive Comparison of Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Xi'an Haitian Antenna Technologies Co'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.


Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio falls into.



Xi'an Haitian Antenna Technologies Co 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.

Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.305/0.03
=10.17

* 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.

Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Xi'an Haitian Antenna Technologies Co'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)
=0.003/114.7809*114.7809
=0.003

Current CPI (Dec. 2023) = 114.7809.

Xi'an Haitian Antenna Technologies Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.002 98.600 0.002
201406 0.004 98.200 0.005
201409 0.011 98.900 0.013
201412 0.004 99.000 0.005
201503 0.001 99.900 0.001
201506 0.027 99.500 0.031
201509 0.008 100.500 0.009
201512 -0.001 100.600 -0.001
201603 0.001 102.200 0.001
201606 0.002 101.400 0.002
201609 0.018 102.400 0.020
201612 0.008 102.600 0.009
201703 0.001 103.200 0.001
201706 0.019 103.100 0.021
201709 0.012 104.100 0.013
201712 0.014 104.500 0.015
201803 0.001 105.300 0.001
201806 0.012 104.900 0.013
201809 0.001 106.600 0.001
201812 0.020 106.500 0.022
201903 0.001 107.700 0.001
201906 0.016 107.700 0.017
201909 0.003 109.800 0.003
201912 0.009 111.200 0.009
202003 0.001 112.300 0.001
202006 0.001 110.400 0.001
202009 0.002 111.700 0.002
202012 0.004 111.500 0.004
202103 0.005 112.662 0.005
202106 0.005 111.769 0.005
202109 0.006 112.215 0.006
202112 0.008 113.108 0.008
202203 0.005 114.335 0.005
202206 0.003 114.558 0.003
202209 0.003 115.339 0.003
202212 0.002 115.116 0.002
202303 0.003 115.116 0.003
202306 0.001 114.558 0.001
202309 0.002 115.339 0.002
202312 0.003 114.781 0.003

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.


Xi'an Haitian Antenna Technologies Co  (HKSE:08227) 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.


Xi'an Haitian Antenna Technologies Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Xi'an Haitian Antenna Technologies Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Xi'an Haitian Antenna Technologies Co (HKSE:08227) Business Description

Traded in Other Exchanges
N/A
Address
No.25 Shuoshi Road, Hi-tech Industrial Development Zone, Shaanxi Province, Xi’an, CHN
Xi'an Haitian Antenna Technologies Co Ltd is mainly engaged in the manufacturing of communication equipment and also the sale of poultry products. The company operates in four segments based on its sales: Antenna products & provision of related services, Underwater monitoring products & related products, Aircraft products, and Agricultural products. Its product portfolio includes underwater imaging, underwater machinery, drones, avionics imaging, monitoring, automotive electronics, mechanical equipment, and others. The majority is from the Antenna products & provision of related services.
Executives
Hongkong Jinsheng Enterprise Co.,limited 2101 Beneficial owner
Wang Bing 2201 Interest of corporation controlled by you
Chen Wei 2101 Beneficial owner
Huang Lihou 2101 Beneficial owner
Oceanic Bliss Holdings Limited 2101 Beneficial owner

Xi'an Haitian Antenna Technologies Co (HKSE:08227) Headlines

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