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3Q Holdings Limited (ASX:TQH) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is 3Q Holdings Limited 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


3Q Holdings Limited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for 3Q Holdings Limited'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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3Q Holdings Limited Cyclically Adjusted PS Ratio Chart

3Q Holdings Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PS Ratio
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3Q Holdings Limited Quarterly Data
Cyclically Adjusted PS Ratio

Competitive Comparison of 3Q Holdings Limited's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, 3Q Holdings Limited'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.


3Q Holdings Limited's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, 3Q Holdings Limited's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 3Q Holdings Limited's Cyclically Adjusted PS Ratio falls into.



3Q Holdings Limited 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.

3Q Holdings Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun12 is calculated as:

For example, 3Q Holdings Limited's adjusted Revenue per Share data for the fiscal year that ended in Jun12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun12 (Change)*Current CPI (Jun12)
=0.136/93.2436*93.2436
=0.136

Current CPI (Jun12) = 93.2436.

3Q Holdings Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200306 0.124 72.997 0.158
200406 0.051 74.855 0.064
200506 0.017 76.712 0.021
200606 0.065 79.777 0.076
200706 0.084 81.449 0.096
200806 0.127 85.071 0.139
200906 0.175 86.278 0.189
201006 0.139 88.971 0.146
201106 0.142 92.129 0.144
201206 0.136 93.244 0.136

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.


3Q Holdings Limited  (ASX:TQH) 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.


3Q Holdings Limited Cyclically Adjusted PS Ratio Related Terms

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3Q Holdings Limited (ASX:TQH) Business Description

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