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Heatec Jietong Holdings (SGX:5OR) Cyclically Adjusted PS Ratio : 0.11 (As of Jun. 08, 2024)


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What is Heatec Jietong Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Heatec Jietong Holdings's current share price is S$0.028. Heatec Jietong Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was S$0.26. Heatec Jietong Holdings's Cyclically Adjusted PS Ratio for today is 0.11.

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

SGX:5OR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.12   Max: 0.31
Current: 0.11

During the past 13 years, Heatec Jietong Holdings's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.06. And the median was 0.12.

SGX:5OR's Cyclically Adjusted PS Ratio is ranked better than
89.3% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs SGX:5OR: 0.11

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.

Heatec Jietong Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec22 was S$0.174. 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 S$0.26 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heatec Jietong Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Heatec Jietong 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.

Heatec Jietong Holdings Cyclically Adjusted PS Ratio Chart

Heatec Jietong Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.14 0.11 0.12 0.10

Heatec Jietong Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.12 - 0.10 -

Competitive Comparison of Heatec Jietong Holdings's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Heatec Jietong 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.


Heatec Jietong Holdings's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Heatec Jietong Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Heatec Jietong 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.

Heatec Jietong Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.028/0.26
=0.11

* 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.

Heatec Jietong Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Heatec Jietong Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.174/125.2218*125.2218
=0.174

Current CPI (Dec22) = 125.2218.

Heatec Jietong Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.281 98.326 0.358
201412 0.245 99.070 0.310
201512 0.271 99.792 0.340
201612 0.245 101.863 0.301
201712 0.171 104.011 0.206
201812 0.223 105.998 0.263
201912 0.193 108.420 0.223
202012 0.169 109.897 0.193
202112 0.181 117.630 0.193
202212 0.174 125.222 0.174

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.


Heatec Jietong Holdings  (SGX:5OR) 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.


Heatec Jietong Holdings Cyclically Adjusted PS Ratio Related Terms

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


Heatec Jietong Holdings (SGX:5OR) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Tuas South Street 15, Singapore, SGP, 637076
Heatec Jietong Holdings Ltd is engaged in offering piping and heat exchanger services for the marine and oil and gas industries. The company's segments include Piping, Heat Exchangers, and Chemical cleaning. The Piping segment is engaged in the fabrication and installation of various types of piping. The Heat Exchanger segment, which derives the majority of revenue, engages in servicing and fabrication of heat exchangers. The Chemical cleaning segment is engaged in the provision of chemical cleaning services to ships and marine vessels. The Group's operations are carried out in Singapore.

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