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Hollysys Automation Technologies (Hollysys Automation Technologies) Cyclically Adjusted PS Ratio : 2.40 (As of Apr. 29, 2024)


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What is Hollysys Automation Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Hollysys Automation Technologies's current share price is $24.55. Hollysys Automation Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $10.24. Hollysys Automation Technologies's Cyclically Adjusted PS Ratio for today is 2.40.

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

HOLI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.22   Max: 3.93
Current: 2.4

During the past years, Hollysys Automation Technologies's highest Cyclically Adjusted PS Ratio was 3.93. The lowest was 1.18. And the median was 2.22.

HOLI's Cyclically Adjusted PS Ratio is ranked worse than
67.67% of 2156 companies
in the Industrial Products industry
Industry Median: 1.43 vs HOLI: 2.40

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.

Hollysys Automation Technologies's adjusted revenue per share data for the three months ended in Sep. 2023 was $3.214. 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 $10.24 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hollysys Automation Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hollysys Automation Technologies'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.

Hollysys Automation Technologies Cyclically Adjusted PS Ratio Chart

Hollysys Automation Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.58 1.67 1.55 1.74

Hollysys Automation Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.76 1.66 1.72 1.74 1.94

Competitive Comparison of Hollysys Automation Technologies's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Hollysys Automation Technologies'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.


Hollysys Automation Technologies's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hollysys Automation Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hollysys Automation Technologies's Cyclically Adjusted PS Ratio falls into.



Hollysys Automation Technologies 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.

Hollysys Automation Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.55/10.24
=2.40

* 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.

Hollysys Automation Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Hollysys Automation Technologies's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3.214/115.3387*115.3387
=3.214

Current CPI (Sep. 2023) = 115.3387.

Hollysys Automation Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 2.638 97.624 3.117
201403 1.628 98.600 1.904
201406 2.703 98.200 3.175
201409 2.380 98.900 2.776
201412 2.203 99.000 2.567
201503 1.998 99.900 2.307
201506 2.252 99.500 2.610
201509 2.063 100.500 2.368
201512 2.520 100.600 2.889
201603 1.962 102.200 2.214
201606 2.434 101.400 2.769
201609 1.694 102.400 1.908
201612 1.628 102.600 1.830
201703 1.491 103.200 1.666
201706 2.250 103.100 2.517
201709 1.886 104.100 2.090
201712 2.570 104.500 2.837
201803 1.968 105.300 2.156
201806 2.404 104.900 2.643
201809 2.264 106.600 2.450
201812 2.439 106.500 2.641
201903 2.043 107.700 2.188
201906 2.562 107.700 2.744
201909 2.037 109.800 2.140
201912 2.809 111.200 2.914
202003 1.334 112.300 1.370
202006 2.141 110.400 2.237
202009 2.138 111.700 2.208
202012 3.211 111.500 3.322
202103 1.815 112.662 1.858
202106 2.487 111.769 2.566
202109 2.490 112.215 2.559
202112 3.506 113.108 3.575
202203 2.526 114.335 2.548
202206 2.957 114.558 2.977
202209 2.745 115.339 2.745
202212 3.947 115.116 3.955
202303 2.698 115.116 2.703
202306 3.140 114.558 3.161
202309 3.214 115.339 3.214

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.


Hollysys Automation Technologies  (NAS:HOLI) 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.


Hollysys Automation Technologies Cyclically Adjusted PS Ratio Related Terms

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Hollysys Automation Technologies (Hollysys Automation Technologies) Business Description

Traded in Other Exchanges
Address
No. 2 Disheng Middle Road, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.