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Financial Street Holding Co (SZSE:000402) Cyclically Adjusted PS Ratio : 0.37 (As of Jun. 09, 2024)


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What is Financial Street Holding Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Financial Street Holding Co's current share price is ¥2.79. Financial Street Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.56. Financial Street Holding Co's Cyclically Adjusted PS Ratio for today is 0.37.

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

SZSE:000402' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.26   Max: 3.88
Current: 0.37

During the past years, Financial Street Holding Co's highest Cyclically Adjusted PS Ratio was 3.88. The lowest was 0.37. And the median was 1.26.

SZSE:000402's Cyclically Adjusted PS Ratio is ranked better than
83.03% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs SZSE:000402: 0.37

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.

Financial Street Holding Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.973. 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 ¥7.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Financial Street Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Financial Street 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.

Financial Street Holding Co Cyclically Adjusted PS Ratio Chart

Financial Street 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 1.18 0.90 0.74 0.67 0.49

Financial Street Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.64 0.59 0.56 0.49 0.41

Competitive Comparison of Financial Street Holding Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Financial Street 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.


Financial Street Holding Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Financial Street Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Financial Street 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.

Financial Street Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.79/7.56
=0.37

* 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.

Financial Street Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Financial Street Holding Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.973/115.2271*115.2271
=1.973

Current CPI (Mar. 2024) = 115.2271.

Financial Street Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.598 98.200 0.702
201409 1.715 98.900 1.998
201412 4.320 99.000 5.028
201503 0.432 99.900 0.498
201506 1.227 99.500 1.421
201509 0.828 100.500 0.949
201512 2.630 100.600 3.012
201603 1.434 102.200 1.617
201606 0.608 101.400 0.691
201609 1.017 102.400 1.144
201612 3.793 102.600 4.260
201703 1.756 103.200 1.961
201706 1.631 103.100 1.823
201709 1.857 104.100 2.055
201712 3.334 104.500 3.676
201803 1.126 105.300 1.232
201806 1.096 104.900 1.204
201809 0.703 106.600 0.760
201812 4.369 106.500 4.727
201903 1.275 107.700 1.364
201906 1.899 107.700 2.032
201909 1.306 109.800 1.371
201912 4.275 111.200 4.430
202003 0.819 112.300 0.840
202006 1.023 110.400 1.068
202009 1.554 111.700 1.603
202012 2.714 111.500 2.805
202103 0.516 112.662 0.528
202106 1.274 111.769 1.313
202109 1.397 112.215 1.434
202112 4.974 113.108 5.067
202203 1.559 114.335 1.571
202206 1.948 114.558 1.959
202209 1.661 115.339 1.659
202212 1.616 115.116 1.618
202303 0.940 115.116 0.941
202306 0.910 114.558 0.915
202309 0.907 115.339 0.906
202312 1.433 114.781 1.439
202403 1.973 115.227 1.973

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.


Financial Street Holding Co  (SZSE:000402) 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.


Financial Street Holding Co Cyclically Adjusted PS Ratio Related Terms

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


Financial Street Holding Co (SZSE:000402) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jinchengfang Street, Block D, Financial Street Apartment, Xicheng District, Beijing, Beijing, CHN, 100033
Financial Street Holding Co Ltd is a China-based company, engages in the development, operation, and distribution of real estate. It focuses on commercial and residential real estate. It provides equity investment and asset management services such as tourism, vacation, retirement, technology, finance, and innovation.
Executives
Zhao Peng Director
Gao Jing Director
Lu Dong Liang Supervisors
Fu Ying Jie Executives
Sheng Hua Ping Executives
Bai Li Director
Li Liang Executives
Li Qian Supervisors
Zhang Xiao Peng Directors, executives
Wang Zhi Gang Executives
Lv Hong Bin Directors, executives
Zhang Mei Hua Executives
Yang Xuan Executives
Zhao Ze Hui Director
Shang Guan Qing Director

Financial Street Holding Co (SZSE:000402) Headlines

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