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Ajisen (China) Holdings (Ajisen (China) Holdings) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Ajisen (China) Holdings Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ajisen (China) Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ajisen (China) 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.

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Ajisen (China) Holdings Cyclically Adjusted PS Ratio Chart

Ajisen (China) 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 0.91 0.45 0.44 0.31 0.38

Ajisen (China) 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 0.44 - 0.31 - 0.38

Competitive Comparison of Ajisen (China) Holdings's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Ajisen (China) 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.


Ajisen (China) Holdings's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ajisen (China) Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ajisen (China) Holdings's Cyclically Adjusted PS Ratio falls into.



Ajisen (China) 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.

Ajisen (China) Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ajisen (China) 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)
=0.233/117.2957*117.2957
=0.233

Current CPI (Dec23) = 117.2957.

Ajisen (China) Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.393 99.707 0.462
201512 0.362 102.015 0.416
201612 0.315 103.225 0.358
201712 0.324 104.984 0.362
201812 0.316 107.622 0.344
201912 0.335 110.700 0.355
202012 0.255 109.711 0.273
202112 0.287 112.349 0.300
202212 0.188 114.548 0.193
202312 0.233 117.296 0.233

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.


Ajisen (China) Holdings  (OTCPK:AJSCF) 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.


Ajisen (China) Holdings Cyclically Adjusted PS Ratio Related Terms

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Ajisen (China) Holdings (Ajisen (China) Holdings) Business Description

Traded in Other Exchanges
Address
24-26 Sze Shan Street, 6th Floor, Ajisen Group Tower, Block B, Yau Tong, Kowloon, Hong Kong, HKG
Ajisen (China) Holdings Ltd is a Fast casual restaurant chain operator selling Japanese ramen and Japanese-style dishes in Hong Kong and the PRC. The company has three operating segments; The operation of Restaurants segment includes the operation of restaurants in Mainland China and Hong Kong, the Manufacture and sales of noodles and related products segment includes the manufacture and sales of noodles and related products in Mainland China and Hong Kong, and Investment holding segment includes investments in property interests, investments in financial instruments and interests in associates and a joint venture. It derives a majority of its revenue from China.

Ajisen (China) Holdings (Ajisen (China) Holdings) Headlines

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