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CASH Financial Services Group (FRA:CFN) Cyclically Adjusted PS Ratio : 0.33 (As of May. 26, 2024)


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What is CASH Financial Services Group Cyclically Adjusted PS Ratio?

As of today (2024-05-26), CASH Financial Services Group's current share price is €0.02. CASH Financial Services Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €0.06. CASH Financial Services Group's Cyclically Adjusted PS Ratio for today is 0.33.

The historical rank and industry rank for CASH Financial Services Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:CFN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.49   Max: 4.11
Current: 0.37

During the past 13 years, CASH Financial Services Group's highest Cyclically Adjusted PS Ratio was 4.11. The lowest was 0.16. And the median was 0.49.

FRA:CFN's Cyclically Adjusted PS Ratio is ranked better than
89.72% of 564 companies
in the Capital Markets industry
Industry Median: 3.235 vs FRA:CFN: 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.

CASH Financial Services Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €0.019. 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 €0.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CASH Financial Services Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CASH Financial Services Group'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.

CASH Financial Services Group Cyclically Adjusted PS Ratio Chart

CASH Financial Services Group 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 0.31 0.42 0.30 0.67 0.47

CASH Financial Services Group 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 0.30 - 0.67 - 0.47

Competitive Comparison of CASH Financial Services Group's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, CASH Financial Services Group'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.


CASH Financial Services Group's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CASH Financial Services Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CASH Financial Services Group's Cyclically Adjusted PS Ratio falls into.



CASH Financial Services Group 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.

CASH Financial Services Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.02/0.06
=0.33

* 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.

CASH Financial Services Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CASH Financial Services Group'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)
=0.019/117.2957*117.2957
=0.019

Current CPI (Dec23) = 117.2957.

CASH Financial Services Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.101 99.707 0.119
201512 0.145 102.015 0.167
201612 0.099 103.225 0.112
201712 0.063 104.984 0.070
201812 0.056 107.622 0.061
201912 0.050 110.700 0.053
202012 0.045 109.711 0.048
202112 0.043 112.349 0.045
202212 0.048 114.548 0.049
202312 0.019 117.296 0.019

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.


CASH Financial Services Group  (FRA:CFN) 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.


CASH Financial Services Group Cyclically Adjusted PS Ratio Related Terms

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


CASH Financial Services Group (FRA:CFN) Business Description

Traded in Other Exchanges
Address
23 Wang Tai Road, 22nd Floor, Manhattan Place, Kowloon Bay, Hong Kong, HKG
CASH Financial Services Group Ltd states itself as a financial services conglomerate in China which provides mobile and premium trading, investment banking, algo trading and corporate finance advisory, wealth and asset management, alternative trading, and various other products and services. The company has two reportable segments namely Financial services (including broking, investment banking, asset management and wealth management services) and Proprietary trading activities for the purposes of resource allocation and performance assessment. It generates maximum revenue from Financial services segment. Geographically, it derives a majority of revenue from Hong Kong.

CASH Financial Services Group (FRA:CFN) Headlines

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