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Virtual Mind Holding Co (HKSE:01520) Cyclically Adjusted PS Ratio : 0.29 (As of Jun. 05, 2024)


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What is Virtual Mind Holding Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Virtual Mind Holding Co's current share price is HK$0.082. Virtual Mind Holding Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.28. Virtual Mind Holding Co's Cyclically Adjusted PS Ratio for today is 0.29.

The historical rank and industry rank for Virtual Mind Holding Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:01520' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.51   Max: 0.65
Current: 0.29

During the past 12 years, Virtual Mind Holding Co's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.24. And the median was 0.51.

HKSE:01520's Cyclically Adjusted PS Ratio is ranked better than
74.33% of 861 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs HKSE:01520: 0.29

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.

Virtual Mind Holding Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.034. 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$0.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Virtual Mind Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Virtual Mind Holding Co'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.

Virtual Mind Holding Co Cyclically Adjusted PS Ratio Chart

Virtual Mind Holding Co 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 - - 0.55 0.65 0.55

Virtual Mind Holding Co 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 0.55 - 0.65 - 0.55

Competitive Comparison of Virtual Mind Holding Co's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Virtual Mind Holding Co'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.


Virtual Mind Holding Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Virtual Mind Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Virtual Mind Holding Co's Cyclically Adjusted PS Ratio falls into.



Virtual Mind Holding Co 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.

Virtual Mind Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.082/0.28
=0.29

* 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.

Virtual Mind Holding Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Virtual Mind Holding Co'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)
=0.034/117.2957*117.2957
=0.034

Current CPI (Dec23) = 117.2957.

Virtual Mind Holding Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.633 99.707 0.745
201512 0.620 102.015 0.713
201612 0.568 103.225 0.645
201712 0.232 104.984 0.259
201812 0.121 107.622 0.132
201912 0.094 110.700 0.100
202012 0.068 109.711 0.073
202112 0.083 112.349 0.087
202212 0.049 114.548 0.050
202312 0.034 117.296 0.034

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.


Virtual Mind Holding Co  (HKSE:01520) 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.


Virtual Mind Holding Co Cyclically Adjusted PS Ratio Related Terms

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


Virtual Mind Holding Co (HKSE:01520) Business Description

Traded in Other Exchanges
N/A
Address
538 Castle Peak Road, Room 2511-15, 25 Floor, Peninsula Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Virtual Mind Holding Co Ltd is engaged in designing, manufacturing, and trading apparel; provision of money lending business, namely money lending operation; selling of gaming and animated characters related products, namely IP application and products operation. It offers women's fashion outerwear such as coats and jackets, dresses, activewear, and pants. Majority of the revenue is generated from the Design, manufacture, and trading of the apparel segment. Geographically, it derives the majority of revenue from The PRC and also has a presence in Hong Kong and The USA.
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Yu Chunfeng 2101 Beneficial owner
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Zeng Ge 2201 Interest of corporation controlled by you
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Anli Holdings Limited 2201 Interest of corporation controlled by you
Anli Asset Management Limited 2102 Investment manager
Baolingbao Biology Co.,ltd. 2201 Interest of corporation controlled by you
Li Shao Yu
Blb International Company Limited 2101 Beneficial owner

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