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GOME Retail Holdings (HKSE:00493) Cyclically Adjusted PS Ratio : 0.01 (As of Jun. 13, 2024)


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What is GOME Retail Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-13), GOME Retail Holdings's current share price is HK$0.029. GOME Retail Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$3.28. GOME Retail Holdings's Cyclically Adjusted PS Ratio for today is 0.01.

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

HKSE:00493' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 0.55
Current: 0.01

During the past 13 years, GOME Retail Holdings's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.01. And the median was 0.20.

HKSE:00493's Cyclically Adjusted PS Ratio is ranked better than
99.87% of 769 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs HKSE:00493: 0.01

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.

GOME Retail Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.016. 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$3.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GOME Retail Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GOME Retail 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.

GOME Retail Holdings Cyclically Adjusted PS Ratio Chart

GOME Retail 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 0.16 0.22 0.16 0.03 0.02

GOME Retail 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 0.16 - 0.03 - 0.02

Competitive Comparison of GOME Retail Holdings's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, GOME Retail 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.


GOME Retail Holdings's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GOME Retail Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GOME Retail 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.

GOME Retail Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.029/3.28
=0.01

* 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.

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

For example, GOME Retail 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)
=0.016/117.2957*117.2957
=0.016

Current CPI (Dec23) = 117.2957.

GOME Retail Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.469 99.707 5.257
201512 4.577 102.015 5.263
201612 4.135 103.225 4.699
201712 3.965 104.984 4.430
201812 3.548 107.622 3.867
201912 3.299 110.700 3.496
202012 2.604 109.711 2.784
202112 2.305 112.349 2.406
202212 0.572 114.548 0.586
202312 0.016 117.296 0.016

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.


GOME Retail Holdings  (HKSE:00493) 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.


GOME Retail Holdings Cyclically Adjusted PS Ratio Related Terms

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


GOME Retail Holdings (HKSE:00493) Business Description

Traded in Other Exchanges
Address
8 Finance Street, Suite 2915, 29th Floor, Two International Finance Centre, Central, Hong Kong, HKG
GOME Retail Holdings Ltd is an electrical appliance retailer operating in China and Hong Kong. Its products include audio and video electrical appliances, refrigerating and washing devices, telecommunications devices, and other electronic and technological devices. By geographical segment, the company divides its sales into Chinese regions - Beijing, Guangzhou, Shenzhen, Xi'an, Jinan, Chengdu, Shanghai, and Others. By product categories, revenue is split into Air conditioners, Refrigerators and Washing machines, Telecommunication, Small white appliances, Computer and Digital, and New business.
Executives
Shinning Crown Holdings Inc. 2101 Beneficial owner
Du Juan 2202 Interest of your spouse
Wong Kwong Yu 2201 Interest of corporation controlled by you
Gome Management Limited 2101 Beneficial owner
Ever Ocean Investments Limited 2201 Interest of corporation controlled by you
Trans Asia Inter Capital Limited 2101 Beneficial owner
Yuen Chi Hang Clement
Pinduoduo Inc. 2101 Beneficial owner
Ark Trust (hong Kong) Limited 2301 Trustee

GOME Retail Holdings (HKSE:00493) Headlines

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