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Computer And Technologies Holdings (HKSE:00046) Cyclically Adjusted PS Ratio : 1.99 (As of May. 24, 2024)


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What is Computer And Technologies Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Computer And Technologies Holdings's current share price is HK$2.23. Computer And Technologies Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$1.12. Computer And Technologies Holdings's Cyclically Adjusted PS Ratio for today is 1.99.

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

HKSE:00046' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.13   Max: 3.07
Current: 2.01

During the past 13 years, Computer And Technologies Holdings's highest Cyclically Adjusted PS Ratio was 3.07. The lowest was 1.30. And the median was 2.13.

HKSE:00046's Cyclically Adjusted PS Ratio is ranked worse than
52.18% of 1445 companies
in the Software industry
Industry Median: 1.86 vs HKSE:00046: 2.01

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.

Computer And Technologies Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$1.038. 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$1.12 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Computer And Technologies Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Computer And Technologies 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.

Computer And Technologies Holdings Cyclically Adjusted PS Ratio Chart

Computer And Technologies 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 2.56 2.09 2.57 2.20 2.26

Computer And Technologies 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 2.57 - 2.20 - 2.26

Competitive Comparison of Computer And Technologies Holdings's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Computer And Technologies 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.


Computer And Technologies Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Computer And Technologies Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Computer And Technologies Holdings's Cyclically Adjusted PS Ratio falls into.



Computer And Technologies 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.

Computer And Technologies Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.23/1.12
=1.99

* 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.

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

For example, Computer And Technologies 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)
=1.038/117.2957*117.2957
=1.038

Current CPI (Dec23) = 117.2957.

Computer And Technologies Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.870 99.707 1.023
201512 0.904 102.015 1.039
201612 1.066 103.225 1.211
201712 1.045 104.984 1.168
201812 1.149 107.622 1.252
201912 1.110 110.700 1.176
202012 1.031 109.711 1.102
202112 1.068 112.349 1.115
202212 1.082 114.548 1.108
202312 1.038 117.296 1.038

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.


Computer And Technologies Holdings  (HKSE:00046) 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.


Computer And Technologies Holdings Cyclically Adjusted PS Ratio Related Terms

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


Computer And Technologies Holdings (HKSE:00046) Business Description

Traded in Other Exchanges
Address
100 Cyberport Road, Level 10, Cyberport 2, Hong Kong, HKG
Computer And Technologies Holdings Ltd provides software products. It operates in three segments, the Application Services segment; the Integration and Solutions services segment; and the investments segment. It generates majority of the revenue from the Application Services segment that engages in the provision of enterprise applications software and e-business services for enterprises including the provision of enterprise applications software with implementation and ongoing support services; and the GETS, cloud services and other related value-added services. Geographical revenue is derived from Hong Kong and other countries.

Computer And Technologies Holdings (HKSE:00046) Headlines

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