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Asia Orient Holdings (HKSE:00214) Cyclically Adjusted PS Ratio : 0.15 (As of May. 20, 2024)


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What is Asia Orient Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Asia Orient Holdings's current share price is HK$0.41. Asia Orient Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$2.67. Asia Orient Holdings's Cyclically Adjusted PS Ratio for today is 0.15.

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

HKSE:00214' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.06   Max: 2.93
Current: 0.15

During the past 13 years, Asia Orient Holdings's highest Cyclically Adjusted PS Ratio was 2.93. The lowest was 0.14. And the median was 1.06.

HKSE:00214's Cyclically Adjusted PS Ratio is ranked better than
97.27% of 879 companies
in the Asset Management industry
Industry Median: 7.52 vs HKSE:00214: 0.15

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.

Asia Orient Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$2.739. 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$2.67 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Orient Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Orient 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.

Asia Orient Holdings Cyclically Adjusted PS Ratio Chart

Asia Orient 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 0.95 0.41 0.46 0.29 0.22

Asia Orient 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 - 0.29 - 0.22 -

Competitive Comparison of Asia Orient Holdings's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Asia Orient 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.


Asia Orient Holdings's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Orient Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asia Orient 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.41/2.67
=0.15

* 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.

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

For example, Asia Orient 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)
=2.739/115.4269*115.4269
=2.739

Current CPI (Mar23) = 115.4269.

Asia Orient Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.639 95.749 1.976
201503 1.670 99.927 1.929
201603 1.775 102.785 1.993
201703 2.228 103.335 2.489
201803 2.282 105.973 2.486
201903 2.874 108.172 3.067
202003 3.130 110.920 3.257
202103 3.259 111.579 3.371
202203 3.316 113.558 3.371
202303 2.739 115.427 2.739

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.


Asia Orient Holdings  (HKSE:00214) 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.


Asia Orient Holdings Cyclically Adjusted PS Ratio Related Terms

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Asia Orient Holdings (HKSE:00214) Business Description

Traded in Other Exchanges
N/A
Address
33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Orient Holdings Ltd is an investment holding company. The company operates through segments which are, Property Sales, Property Leasing, Hotel, and Travel, as well as Financial Investment and Others. The company generates maximum revenue from the Financial Investment segment.

Asia Orient Holdings (HKSE:00214) Headlines

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