GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tian Teck Land Ltd (HKSE:00266) » Definitions » Cyclically Adjusted PS Ratio

Tian Teck Land (HKSE:00266) Cyclically Adjusted PS Ratio : 1.62 (As of Jun. 03, 2025)


View and export this data going back to 2000. Start your Free Trial

What is Tian Teck Land Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Tian Teck Land's current share price is HK$1.96. Tian Teck Land's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was HK$1.21. Tian Teck Land's Cyclically Adjusted PS Ratio for today is 1.62.

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

HKSE:00266' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.58   Med: 4.24   Max: 12.77
Current: 1.63

During the past 13 years, Tian Teck Land's highest Cyclically Adjusted PS Ratio was 12.77. The lowest was 1.58. And the median was 4.24.

HKSE:00266's Cyclically Adjusted PS Ratio is ranked better than
54.46% of 1300 companies
in the Real Estate industry
Industry Median: 1.89 vs HKSE:00266: 1.63

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.

Tian Teck Land's adjusted revenue per share data of for the fiscal year that ended in Mar24 was HK$0.642. 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$1.21 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tian Teck Land Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tian Teck Land'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.

Tian Teck Land Cyclically Adjusted PS Ratio Chart

Tian Teck Land 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 4.14 3.68 3.16 2.88 1.74

Tian Teck Land Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 2.88 - 1.74 -

Competitive Comparison of Tian Teck Land's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Tian Teck Land'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.


Tian Teck Land's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tian Teck Land's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tian Teck Land's Cyclically Adjusted PS Ratio falls into.


;
;

Tian Teck Land 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.

Tian Teck Land's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.96/1.21
=1.62

* 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.

Tian Teck Land's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Tian Teck Land'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)
=0.642/117.7354*117.7354
=0.642

Current CPI (Mar24) = 117.7354.

Tian Teck Land Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.384 99.927 1.631
201603 1.434 102.785 1.643
201703 1.419 103.335 1.617
201803 1.360 105.973 1.511
201903 1.312 108.172 1.428
202003 1.264 110.920 1.342
202103 0.937 111.579 0.989
202203 0.654 113.558 0.678
202303 0.653 115.427 0.666
202403 0.642 117.735 0.642

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.


Tian Teck Land  (HKSE:00266) 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.


Tian Teck Land Cyclically Adjusted PS Ratio Related Terms

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


Tian Teck Land Business Description

Traded in Other Exchanges
N/A
Address
63 Nathan Road, 9th Floor, iSQUARE, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tian Teck Land Ltd is a Hong Kong-based property investment and investment holding company. Its only reportable segment is Property leasing. It generates revenue from Interest income and others. Geographically, it derives revenue from Hong Kong and the PRC.

Tian Teck Land Headlines

No Headlines