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Oriental Enterprise Holdings (HKSE:00018) Cyclically Adjusted PS Ratio : 0.79 (As of Jun. 21, 2024)


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What is Oriental Enterprise Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Oriental Enterprise Holdings's current share price is HK$0.355. Oriental Enterprise Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$0.45. Oriental Enterprise Holdings's Cyclically Adjusted PS Ratio for today is 0.79.

The historical rank and industry rank for Oriental Enterprise Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:00018' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.11   Max: 1.88
Current: 0.79

During the past 13 years, Oriental Enterprise Holdings's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.69. And the median was 1.11.

HKSE:00018's Cyclically Adjusted PS Ratio is ranked better than
53.34% of 718 companies
in the Media - Diversified industry
Industry Median: 0.89 vs HKSE:00018: 0.79

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.

Oriental Enterprise Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$0.282. 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 HK$0.45 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oriental Enterprise Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oriental Enterprise 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.

* Premium members only.

Oriental Enterprise Holdings Cyclically Adjusted PS Ratio Chart

Oriental Enterprise Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 0.70 0.94 1.37 1.38

Oriental Enterprise Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - 1.37 - 1.38 -

Competitive Comparison of Oriental Enterprise Holdings's Cyclically Adjusted PS Ratio

For the Publishing subindustry, Oriental Enterprise 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.


Oriental Enterprise Holdings's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Oriental Enterprise Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Oriental Enterprise 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.

Oriental Enterprise Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.355/0.45
=0.79

* 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.

Oriental Enterprise Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Oriental Enterprise Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.282/115.4269*115.4269
=0.282

Current CPI (Mar23) = 115.4269.

Oriental Enterprise Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.599 95.749 0.722
201503 0.552 99.927 0.638
201603 0.493 102.785 0.554
201703 0.417 103.335 0.466
201803 0.409 105.973 0.445
201903 0.376 108.172 0.401
202003 0.343 110.920 0.357
202103 0.292 111.579 0.302
202203 0.307 113.558 0.312
202303 0.282 115.427 0.282

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.


Oriental Enterprise Holdings  (HKSE:00018) 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.


Oriental Enterprise Holdings Cyclically Adjusted PS Ratio Related Terms

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


Oriental Enterprise Holdings (HKSE:00018) Business Description

Traded in Other Exchanges
Address
23 Dai Cheong Street, Oriental Media Centre, Tai Po Industrial Estate, Hong Kong, HKG
Oriental Enterprise Holdings Ltd, formerly Oriental Press Group Ltd is a Hong Kong-based company engaged in the publication of newspapers including internet subscription and advertising income. The firm operates in the reportable segments of Publication of newspapers, Money lending business and Others. The Publication of newspapers segment, which acts as a major revenue earner, includes internet subscription and relevant advertising income. The revenue of other operating segments includes rental income from investment properties, license fee income from hotel property and income from restaurant operation. It has a geographic presence in Hong Kong and Australia.
Executives
Conyers Trustee Services (bvi) Limited 2301 Trustee
Marsun Holdings Limited 2201 Interest of corporation controlled by you
Ocean Greatness Limited 2201 Interest of corporation controlled by you
Ever Holdings Limited 2101 Beneficial owner
Hung Mui Fong 2202 Interest of your spouse
Ma Ching Fat 2307 Founder of a discretionary trust who can infl

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