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China Oceanwide Holdings (FRA:HRH) Cyclically Adjusted PS Ratio : (As of Jun. 19, 2024)


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What is China Oceanwide Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Oceanwide Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Oceanwide 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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China Oceanwide Holdings Cyclically Adjusted PS Ratio Chart

China Oceanwide Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.42 21.34 11.29 12.86 2.22

China Oceanwide Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 12.86 - 2.22 -

Competitive Comparison of China Oceanwide Holdings's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, China Oceanwide 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.


China Oceanwide Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Oceanwide Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



China Oceanwide 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.

China Oceanwide Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, China Oceanwide Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0/114.5475*114.5475
=0.000

Current CPI (Dec22) = 114.5475.

China Oceanwide Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.001 95.090 0.001
201412 0.002 99.707 0.002
201512 0.002 102.015 0.002
201612 0.001 103.225 0.001
201712 0.001 104.984 0.001
201812 0.001 107.622 0.001
201912 0.001 110.700 0.001
202012 0.001 109.711 0.001
202112 0.001 112.349 0.001
202212 0.000 114.548 0.000

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.


China Oceanwide Holdings  (FRA:HRH) 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.


China Oceanwide Holdings Cyclically Adjusted PS Ratio Related Terms

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China Oceanwide Holdings (FRA:HRH) Business Description

Traded in Other Exchanges
N/A
Address
1 Garden Road, 64th Floor, Bank of China Tower, Hong Kong, HKG
China Oceanwide Holdings Ltd is an investment holding company engaged in real estate development in the U.S. and the development in the energy sector in Indonesia as well as financial investment and others. The company has four business segments, namely Property Investment, Real Estate Development, Energy and Finance Investment, and Others. The Group operates in Hong Kong, the PRC, the United States, and Indonesia. It derives a majority of its revenue from the People's Republic of China.

China Oceanwide Holdings (FRA:HRH) Headlines

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