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Power Assets Holdings (Power Assets Holdings) Cyclically Adjusted PS Ratio : 62.11 (As of Apr. 28, 2024)


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What is Power Assets Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Power Assets Holdings's current share price is $5.59. Power Assets Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $0.09. Power Assets Holdings's Cyclically Adjusted PS Ratio for today is 62.11.

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

HGKGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.76   Med: 19.53   Max: 65.42
Current: 62.25

During the past 13 years, Power Assets Holdings's highest Cyclically Adjusted PS Ratio was 65.42. The lowest was 12.76. And the median was 19.53.

HGKGY's Cyclically Adjusted PS Ratio is ranked worse than
98.44% of 257 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.81 vs HGKGY: 62.25

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.

Power Assets Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $0.078. 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 $0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Assets Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Power Assets 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.

Power Assets Holdings Cyclically Adjusted PS Ratio Chart

Power Assets 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 19.50 18.12 26.70 32.84 62.46

Power Assets 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 26.70 - 32.84 - 62.46

Competitive Comparison of Power Assets Holdings's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Power Assets 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.


Power Assets Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Power Assets Holdings's Cyclically Adjusted PS Ratio falls into.



Power Assets 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.

Power Assets Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.59/0.09
=62.11

* 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.

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

For example, Power Assets 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)
=0.078/117.2957*117.2957
=0.078

Current CPI (Dec23) = 117.2957.

Power Assets Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.129 99.707 0.152
201512 0.079 102.015 0.091
201612 0.078 103.225 0.089
201712 0.085 104.984 0.095
201812 0.093 107.622 0.101
201912 0.081 110.700 0.086
202012 0.077 109.711 0.082
202112 0.077 112.349 0.080
202212 0.076 114.548 0.078
202312 0.078 117.296 0.078

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.


Power Assets Holdings  (OTCPK:HGKGY) 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.


Power Assets Holdings Cyclically Adjusted PS Ratio Related Terms

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


Power Assets Holdings (Power Assets Holdings) Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

Power Assets Holdings (Power Assets Holdings) Headlines