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Capital VC (HKSE:02324) Cyclically Adjusted PS Ratio : 0.01 (As of Jun. 10, 2024)


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What is Capital VC Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Capital VC's current share price is HK$0.153. Capital VC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was HK$21.47. Capital VC's Cyclically Adjusted PS Ratio for today is 0.01.

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

HKSE:02324' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.35
Current: 0.01

During the past 13 years, Capital VC's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.01. And the median was 0.04.

HKSE:02324's Cyclically Adjusted PS Ratio is ranked better than
99.83% of 594 companies
in the Capital Markets industry
Industry Median: 3.13 vs HKSE:02324: 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.

Capital VC's adjusted revenue per share data of for the fiscal year that ended in Sep23 was HK$-0.076. 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$21.47 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital VC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Capital VC'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.

Capital VC Cyclically Adjusted PS Ratio Chart

Capital VC Annual Data
Trend Jun14 Jun15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.05 0.03 0.01 0.01

Capital VC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.03 - 0.01 - 0.01

Competitive Comparison of Capital VC's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Capital VC'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.


Capital VC's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Capital VC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Capital VC 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.

Capital VC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.153/21.47
=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.

Capital VC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Capital VC's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=-0.076/116.0865*116.0865
=-0.076

Current CPI (Sep23) = 116.0865.

Capital VC Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.126 96.409 24.234
201506 170.028 99.267 198.837
201609 -3.489 102.565 -3.949
201709 -2.727 103.994 -3.044
201809 -0.623 106.852 -0.677
201909 -0.518 110.260 -0.545
202009 -0.190 107.512 -0.205
202109 0.207 109.051 0.220
202209 -0.069 113.778 -0.070
202309 -0.076 116.087 -0.076

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.


Capital VC  (HKSE:02324) 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.


Capital VC Cyclically Adjusted PS Ratio Related Terms

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


Capital VC (HKSE:02324) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, Room 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG
Capital VC Ltd is an investment holding company. The company's operating segment includes Investment in listed securities and unlisted bonds and Investment in unlisted securities. Its investment portfolio covers a wide range of business sectors, including companies engaged in sectors such as finance, consumer goods and consumer services, media, manufacturing, and construction. Key revenue comes from investment in listed and unlisted bonds.

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