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Asia Financial Holdings (Asia Financial Holdings) Cyclically Adjusted PS Ratio : (As of May. 18, 2024)


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What is Asia Financial Holdings 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


Asia Financial Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Financial 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.

Asia Financial Holdings Cyclically Adjusted PS Ratio Chart

Asia Financial 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 3.18 2.98 2.60 2.44 2.25

Asia Financial 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 2.60 - 2.44 - 2.25

Competitive Comparison of Asia Financial Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Asia Financial 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.


Asia Financial Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Asia Financial Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asia Financial 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.

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

For example, Asia Financial 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)
=0.291/117.2957*117.2957
=0.291

Current CPI (Dec23) = 117.2957.

Asia Financial Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.149 99.707 0.175
201512 0.141 102.015 0.162
201612 0.148 103.225 0.168
201712 0.185 104.984 0.207
201812 0.142 107.622 0.155
201912 0.184 110.700 0.195
202012 0.194 109.711 0.207
202112 0.238 112.349 0.248
202212 0.213 114.548 0.218
202312 0.291 117.296 0.291

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.


Asia Financial Holdings  (GREY:AIFIF) 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.


Asia Financial Holdings Cyclically Adjusted PS Ratio Related Terms

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Asia Financial Holdings (Asia Financial Holdings) Business Description

Traded in Other Exchanges
Address
19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG
Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.

Asia Financial Holdings (Asia Financial Holdings) Headlines

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