New World Department Store China (New World Department Store China) Cyclically Adjusted PS Ratio : 0.14 (As of Apr. 30, 2024)

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What is New World Department Store China Cyclically Adjusted PS Ratio?

As of today (2024-04-30), New World Department Store China's current share price is $0.713. New World Department Store China's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $5.18. New World Department Store China's Cyclically Adjusted PS Ratio for today is 0.14.

The historical rank and industry rank for New World Department Store China's Cyclically Adjusted PS Ratio or its related term are showing as below:

NWRLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.6 Max: 1.15
Current: 0.16

During the past 13 years, New World Department Store China's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.15. And the median was 0.60.

NWRLY's Cyclically Adjusted PS Ratio is ranked better than
82.87% of 753 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs NWRLY: 0.16

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.

New World Department Store China's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $1.670. 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 $5.18 for the trailing ten years ended in Jun23.

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New World Department Store China Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New World Department Store China'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.

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New World Department Store China Cyclically Adjusted PS Ratio Chart

New World Department Store China Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cyclically Adjusted PS Ratio

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0.74

0.71

0.79

0.68

0.52

New World Department Store China 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															-	0.68	-	0.52	-

Competitive Comparison of New World Department Store China's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, New World Department Store China'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.

New World Department Store China's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New World Department Store China's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where New World Department Store China's Cyclically Adjusted PS Ratio falls into.

New World Department Store China 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.

New World Department Store China's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.713	/	5.18
	=	0.14

New World Department Store China's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, New World Department Store China's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Jun23 (Change)	*	Current CPI (Jun23)
	=	1.67	/	115.6468	*	115.6468
	=	1.670

Current CPI (Jun23) = 115.6468.

New World Department Store China Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	6.653	96.409	7.981
201506	6.484	99.267	7.554
201606	6.914	101.686	7.863
201706	5.357	103.664	5.976
201806	5.686	106.193	6.192
201906	5.062	109.601	5.341
202006	2.855	110.590	2.986
202106	2.916	111.360	3.028
202206	2.204	113.448	2.247
202306	1.670	115.647	1.670

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.

New World Department Store China (OTCPK:NWRLY) 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.

New World Department Store China Cyclically Adjusted PS Ratio Related Terms

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

New World Department Store China (New World Department Store China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New World Department Store China Ltd (OTCPK:NWRLY) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

00825:Hong Kong NWM:Germany

Address

88 Hing Fat Street, 7th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.nwds.com.hk

New World Department Store China Ltd owns and operates department stores and shopping malls in the Peoples Republic of China. The company operates through two segments namely Department stores and Property Investment business. The company generates maximum revenue from the Department store segment. Revenue is predominantly generated in Mainland China and important operating assets of the group are in Mainland China.

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