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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Cyclically Adjusted PS Ratio : (As of May. 07, 2024)


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What is Hutchison Telecommunications Hong Kong Holdings Lt Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hutchison Telecommunications Hong Kong Holdings Lt Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hutchison Telecommunications Hong Kong Holdings Lt'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.

Hutchison Telecommunications Hong Kong Holdings Lt Cyclically Adjusted PS Ratio Chart

Hutchison Telecommunications Hong Kong Holdings Lt 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 0.56 0.45 0.51 0.56 0.53

Hutchison Telecommunications Hong Kong Holdings Lt 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 0.51 - 0.56 - 0.53

Competitive Comparison of Hutchison Telecommunications Hong Kong Holdings Lt's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Hutchison Telecommunications Hong Kong Holdings Lt'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.


Hutchison Telecommunications Hong Kong Holdings Lt's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hutchison Telecommunications Hong Kong Holdings Lt's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hutchison Telecommunications Hong Kong Holdings Lt's Cyclically Adjusted PS Ratio falls into.



Hutchison Telecommunications Hong Kong Holdings Lt 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.

Hutchison Telecommunications Hong Kong Holdings Lt's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hutchison Telecommunications Hong Kong Holdings Lt'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)
=1.951/117.2957*117.2957
=1.951

Current CPI (Dec23) = 117.2957.

Hutchison Telecommunications Hong Kong Holdings Lt Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.542 99.707 7.696
201512 8.852 102.015 10.178
201612 3.343 103.225 3.799
201712 2.690 104.984 3.005
201812 3.150 107.622 3.433
201912 2.226 110.700 2.359
202012 1.825 109.711 1.951
202112 2.149 112.349 2.244
202212 1.952 114.548 1.999
202312 1.951 117.296 1.951

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.


Hutchison Telecommunications Hong Kong Holdings Lt  (OTCPK:HTHKY) 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.


Hutchison Telecommunications Hong Kong Holdings Lt Cyclically Adjusted PS Ratio Related Terms

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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
Hutchison Telecommunications Hong Kong Holdings Ltd is an investment holding company. It operates in a single segment of the mobile telecommunications business in Hong Kong and Macau. The company offers a wide range of mobile telecommunications services and products with an increasing focus on data-centric services that converge with Internet and PC services. It provides mobile communications services such as local voice, SMS, MMS, IDD, and international roaming, as well as data services and applications including direct carrier billing offerings, mobile device security management, eBooks, music downloads, movies-on-demand, mobile social networking applications, and FinTech.