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Emperor Entertainment Hotel (HKSE:00296) Cyclically Adjusted PS Ratio : 0.38 (As of May. 01, 2024)


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What is Emperor Entertainment Hotel Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Emperor Entertainment Hotel's current share price is HK$0.415. Emperor Entertainment Hotel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$1.10. Emperor Entertainment Hotel's Cyclically Adjusted PS Ratio for today is 0.38.

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

HKSE:00296' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.09   Max: 4.35
Current: 0.37

During the past 13 years, Emperor Entertainment Hotel's highest Cyclically Adjusted PS Ratio was 4.35. The lowest was 0.34. And the median was 1.09.

HKSE:00296's Cyclically Adjusted PS Ratio is ranked better than
85.83% of 635 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs HKSE:00296: 0.37

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.

Emperor Entertainment Hotel's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$0.244. 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$1.10 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emperor Entertainment Hotel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Emperor Entertainment Hotel'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.

Emperor Entertainment Hotel Cyclically Adjusted PS Ratio Chart

Emperor Entertainment Hotel 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 1.13 0.74 0.78 0.55 0.52

Emperor Entertainment Hotel 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 - 0.55 - 0.52 -

Competitive Comparison of Emperor Entertainment Hotel's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel'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.


Emperor Entertainment Hotel's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Emperor Entertainment Hotel's Cyclically Adjusted PS Ratio falls into.



Emperor Entertainment Hotel 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.

Emperor Entertainment Hotel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.415/1.1
=0.38

* 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.

Emperor Entertainment Hotel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Emperor Entertainment Hotel'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)
=0.244/115.4269*115.4269
=0.244

Current CPI (Mar23) = 115.4269.

Emperor Entertainment Hotel Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.745 95.749 2.104
201503 1.562 99.927 1.804
201603 1.321 102.785 1.483
201703 1.238 103.335 1.383
201803 1.150 105.973 1.253
201903 1.075 108.172 1.147
202003 0.921 110.920 0.958
202103 0.247 111.579 0.256
202203 0.347 113.558 0.353
202303 0.244 115.427 0.244

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.


Emperor Entertainment Hotel  (HKSE:00296) 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.


Emperor Entertainment Hotel Cyclically Adjusted PS Ratio Related Terms

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


Emperor Entertainment Hotel (HKSE:00296) Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

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