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Solargiga Energy Holdings (Solargiga Energy Holdings) Cyclically Adjusted PS Ratio : 0.07 (As of May. 23, 2024)


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What is Solargiga Energy Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Solargiga Energy Holdings's current share price is $0.0014. Solargiga Energy Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $0.02. Solargiga Energy Holdings's Cyclically Adjusted PS Ratio for today is 0.07.

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

SEHLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 0.42
Current: 0.09

During the past 13 years, Solargiga Energy Holdings's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.03. And the median was 0.14.

SEHLF's Cyclically Adjusted PS Ratio is ranked better than
97.66% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs SEHLF: 0.09

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.

Solargiga Energy Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $0.303. 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 $0.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solargiga Energy Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Solargiga Energy 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.

Solargiga Energy Holdings Cyclically Adjusted PS Ratio Chart

Solargiga Energy 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 0.06 0.22 0.30 0.17 0.09

Solargiga Energy Holdings 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 0.30 - 0.17 - 0.09

Competitive Comparison of Solargiga Energy Holdings's Cyclically Adjusted PS Ratio

For the Solar subindustry, Solargiga Energy 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.


Solargiga Energy Holdings's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solargiga Energy Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Solargiga Energy 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.

Solargiga Energy Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0014/0.02
=0.07

* 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.

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

For example, Solargiga Energy 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)
=0.303/117.2957*117.2957
=0.303

Current CPI (Dec23) = 117.2957.

Solargiga Energy Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.144 99.707 0.169
201512 0.140 102.015 0.161
201612 0.136 103.225 0.155
201712 0.189 104.984 0.211
201812 0.182 107.622 0.198
201912 0.196 110.700 0.208
202012 0.293 109.711 0.313
202112 0.220 112.349 0.230
202212 0.296 114.548 0.303
202312 0.303 117.296 0.303

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.


Solargiga Energy Holdings  (OTCPK:SEHLF) 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.


Solargiga Energy Holdings Cyclically Adjusted PS Ratio Related Terms

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Solargiga Energy Holdings (Solargiga Energy Holdings) Business Description

Traded in Other Exchanges
Address
25 Harbour Road, Room 1402, Harbour Centre, Wanchai, Hong Kong, HKG
Solargiga Energy Holdings Ltd is a supplier of upstream and downstream solar energy services. It is involved in the manufacturing of, trading of and provision of processing services for polysilicon and monocrystalline silicon solar ingots, the manufacturing, and trading of semiconductor and monocrystalline silicon solar cells, the manufacturing and trading of photovoltaic modules, and the construction and operation of photovoltaic power plants. The company derives the majority of its revenues from the manufacturing and trading of photovoltaic modules. It mainly operates in Mainland China, Japan, Taiwan, Europe, America, and other Asian regions.

Solargiga Energy Holdings (Solargiga Energy Holdings) Headlines

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