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CK Hutchison Holdings (HKSE:00001) Cyclically Adjusted PS Ratio : 0.56 (As of Jun. 14, 2024)


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What is CK Hutchison Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-14), CK Hutchison Holdings's current share price is HK$36.85. CK Hutchison Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$66.15. CK Hutchison Holdings's Cyclically Adjusted PS Ratio for today is 0.56.

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

HKSE:00001' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 3.07   Max: 15.46
Current: 0.56

During the past 13 years, CK Hutchison Holdings's highest Cyclically Adjusted PS Ratio was 15.46. The lowest was 0.54. And the median was 3.07.

HKSE:00001's Cyclically Adjusted PS Ratio is ranked better than
58.84% of 447 companies
in the Conglomerates industry
Industry Median: 0.72 vs HKSE:00001: 0.56

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.

CK Hutchison Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$71.951. 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$66.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CK Hutchison Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CK Hutchison 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.

CK Hutchison Holdings Cyclically Adjusted PS Ratio Chart

CK Hutchison 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 1.86 1.21 0.97 0.80 0.63

CK Hutchison 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 0.97 - 0.80 - 0.63

Competitive Comparison of CK Hutchison Holdings's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, CK Hutchison 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.


CK Hutchison Holdings's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CK Hutchison 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.

CK Hutchison Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.85/66.15
=0.56

* 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.

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

For example, CK Hutchison 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)
=71.951/117.2957*117.2957
=71.951

Current CPI (Dec23) = 117.2957.

CK Hutchison Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.674 99.707 0.793
201512 51.907 102.015 59.682
201612 67.326 103.225 76.504
201712 64.421 104.984 71.976
201812 71.847 107.622 78.305
201912 77.542 110.700 82.162
202012 69.082 109.711 73.858
202112 72.993 112.349 76.207
202212 68.464 114.548 70.107
202312 71.951 117.296 71.951

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.


CK Hutchison Holdings  (HKSE:00001) 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.


CK Hutchison Holdings Cyclically Adjusted PS Ratio Related Terms

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


CK Hutchison Holdings (HKSE:00001) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 27%.
Executives
Li Ka-shing Unity Trustcorp Limited 2305 Beneficiary of a trust
Li Ka-shing Unity Trustee Company Limited 2301 Trustee
Li Ka-shing Unity Trustee Corporation Limited 2305 Beneficiary of a trust
Li Tzar Kuoi, Victor 2501 Other
Li Ka-shing 2307 Founder of a discretionary trust who can infl

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