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Kaisa Capital Investment Holdings (HKSE:00936) Cyclically Adjusted PS Ratio : 0.68 (As of May. 17, 2024)


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What is Kaisa Capital Investment Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Kaisa Capital Investment Holdings's current share price is HK$0.149. Kaisa Capital Investment Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.22. Kaisa Capital Investment Holdings's Cyclically Adjusted PS Ratio for today is 0.68.

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

HKSE:00936' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.96   Max: 4.12
Current: 0.72

During the past 13 years, Kaisa Capital Investment Holdings's highest Cyclically Adjusted PS Ratio was 4.12. The lowest was 0.72. And the median was 1.96.

HKSE:00936's Cyclically Adjusted PS Ratio is ranked better than
57.02% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs HKSE:00936: 0.72

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.

Kaisa Capital Investment Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.224. 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$0.22 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaisa Capital Investment Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kaisa Capital Investment 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.

Kaisa Capital Investment Holdings Cyclically Adjusted PS Ratio Chart

Kaisa Capital Investment 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 2.52 1.74 1.08 2.16 1.10

Kaisa Capital Investment 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 1.08 - 2.16 - 1.10

Competitive Comparison of Kaisa Capital Investment Holdings's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Kaisa Capital Investment 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.


Kaisa Capital Investment Holdings's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kaisa Capital Investment Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kaisa Capital Investment Holdings's Cyclically Adjusted PS Ratio falls into.



Kaisa Capital Investment 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.

Kaisa Capital Investment Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.149/0.22
=0.68

* 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.

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

For example, Kaisa Capital Investment 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)
=0.224/117.2957*117.2957
=0.224

Current CPI (Dec23) = 117.2957.

Kaisa Capital Investment Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.382 99.707 0.449
201512 0.300 102.015 0.345
201612 0.179 103.225 0.203
201712 0.213 104.984 0.238
201812 0.102 107.622 0.111
201912 0.117 110.700 0.124
202012 0.135 109.711 0.144
202112 0.203 112.349 0.212
202212 0.189 114.548 0.194
202312 0.224 117.296 0.224

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.


Kaisa Capital Investment Holdings  (HKSE:00936) 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.


Kaisa Capital Investment Holdings Cyclically Adjusted PS Ratio Related Terms

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Kaisa Capital Investment Holdings (HKSE:00936) Business Description

Traded in Other Exchanges
N/A
Address
Lee Garden One, 33 Hysan Avenue, Room 1901, 19 Floor, Causeway Bay, Hong Kong, HKG
Kaisa Capital Investment Holdings Ltd is engaged in property development, construction engineering, operation, management, and service activities in Hong Kong. The company is also involved in the leasing and sale of construction machinery, and spare parts, and the provision of ancillary engineering consultancy, repair, and maintenance services. The Company operates its business through two segments. The Construction Equipment Business segment is engaged in the trading of construction machinery and spare parts, leasing of the construction machinery under operating leases, and providing repair and maintenance services in respect of the construction machinery. The Property Development Business segment is involved in the property development business.

Kaisa Capital Investment Holdings (HKSE:00936) Headlines

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