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Herald Holdings (HKSE:00114) Cyclically Adjusted PS Ratio : 0.22 (As of Sep. 21, 2024)


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What is Herald Holdings Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Herald Holdings's current share price is HK$0.445. Herald Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was HK$2.01. Herald Holdings's Cyclically Adjusted PS Ratio for today is 0.22.

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

HKSE:00114' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.29   Max: 0.44
Current: 0.22

During the past 13 years, Herald Holdings's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.19. And the median was 0.29.

HKSE:00114's Cyclically Adjusted PS Ratio is ranked better than
91.03% of 624 companies
in the Travel & Leisure industry
Industry Median: 1.405 vs HKSE:00114: 0.22

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.

Herald Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar24 was HK$1.177. 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$2.01 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Herald Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Herald 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.

Herald Holdings Cyclically Adjusted PS Ratio Chart

Herald Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.30 0.23 0.22 0.22

Herald Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.23 - 0.22 - 0.22

Competitive Comparison of Herald Holdings's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Herald 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.


Herald Holdings's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Herald Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Herald 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.445/2.01
=0.22

* 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.

Herald Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Herald Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.177/117.7354*117.7354
=1.177

Current CPI (Mar24) = 117.7354.

Herald Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 2.100 99.927 2.474
201603 2.537 102.785 2.906
201703 1.816 103.335 2.069
201803 2.106 105.973 2.340
201903 1.576 108.172 1.715
202003 1.565 110.920 1.661
202103 1.535 111.579 1.620
202203 1.944 113.558 2.016
202303 2.089 115.427 2.131
202403 1.177 117.735 1.177

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.


Herald Holdings  (HKSE:00114) 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.


Herald Holdings Cyclically Adjusted PS Ratio Related Terms

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


Herald Holdings Business Description

Traded in Other Exchanges
Address
89 Queensway, Lippo Centre, Room 3110, 31 Floor, Tower Two, Hong Kong, HKG
Herald Holdings Ltd is an investment holding company. It operates in the segments of Toys, Computer Products, Timepieces, Investments, and Others. The group derives majority revenue from the Toys segment which involves the manufacturing of wide range of toys including action figures, electronic radio-controlled toy cars and boats, electronic games, and pre-school toys. The company along with its subsidiaries is also engaged in the manufacture, sale, and distribution of computer products, housewares, clocks, watches, and electronic and gift products. The company has the majority of its customers based in Hong Kong, North America, the United Kingdom, Europe, Asia, Mainland China, and Others. It generates the highest revenue from the North America region.
Executives
Dorfman Robert 2101 Beneficial owner
Dorfman Tillman Sheri 2202 Interest of your spouse
Dingler Trina Elaine 2202 Interest of your spouse
Cheung Tsang Kay Stan 2307 Founder of a discretionary trust who can infl
Ng Yiu Chi Eleanor 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee
Moral Excel Holdings Limited 2201 Interest of corporation controlled by you

Herald Holdings Headlines

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