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Coastal Greenland (HKSE:01124) Cyclically Adjusted PS Ratio : 0.12 (As of Nov. 06, 2024)


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What is Coastal Greenland Cyclically Adjusted PS Ratio?

As of today (2024-11-06), Coastal Greenland's current share price is HK$0.20. Coastal Greenland's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was HK$1.71. Coastal Greenland's Cyclically Adjusted PS Ratio for today is 0.12.

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

HKSE:01124' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.14   Max: 0.34
Current: 0.11

During the past 13 years, Coastal Greenland's highest Cyclically Adjusted PS Ratio was 0.34. The lowest was 0.04. And the median was 0.14.

HKSE:01124's Cyclically Adjusted PS Ratio is ranked better than
95.07% of 1338 companies
in the Real Estate industry
Industry Median: 1.85 vs HKSE:01124: 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.

Coastal Greenland's adjusted revenue per share data of for the fiscal year that ended in Mar24 was HK$0.010. 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$1.71 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coastal Greenland Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coastal Greenland'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.

Coastal Greenland Cyclically Adjusted PS Ratio Chart

Coastal Greenland Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.10 0.11 0.12 0.12

Coastal Greenland Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.11 - 0.12 - 0.12

Competitive Comparison of Coastal Greenland's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Coastal Greenland'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.


Coastal Greenland's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Coastal Greenland's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Coastal Greenland's Cyclically Adjusted PS Ratio falls into.



Coastal Greenland 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.

Coastal Greenland's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.20/1.71
=0.12

* 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.

Coastal Greenland's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Coastal Greenland's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.01/115.2271*115.2271
=0.010

Current CPI (Mar24) = 115.2271.

Coastal Greenland Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 5.116 99.900 5.901
201603 1.852 102.200 2.088
201703 2.703 103.200 3.018
201803 4.280 105.300 4.683
201903 0.479 107.700 0.512
202003 0.075 112.300 0.077
202103 0.313 112.662 0.320
202203 0.016 114.335 0.016
202303 0.510 115.116 0.510
202403 0.010 115.227 0.010

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.


Coastal Greenland  (HKSE:01124) 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.


Coastal Greenland Cyclically Adjusted PS Ratio Related Terms

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


Coastal Greenland Business Description

Traded in Other Exchanges
Address
1006 Fuzhong Third Road, 38th Floor, Noble Center, Futian District, Guangdong Province, Shenzhen, CHN
Coastal Greenland Ltd is an investment holding company principally engaged in the property-related business in the People's republic of China. The company operates through four business segments. The Property Development segment is engaged in the development of properties for sale. The Property Investment segment is engaged in investment in commercial and residential properties. The Project Management segment is engaged in the provision of project management services. The Project Investment Service segment is engaged in the provision of services about the investment in and the sales of property development and land development projects. The majority of the revenue is generated from the property development segment.
Executives
Coastal International Holdings Limited 2101 Beneficial owner
Jiang Ming 2201 Interest of corporation controlled by you

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