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Glory Sun Land Group (HKSE:00299) Cyclically Adjusted PS Ratio : 0.00 (As of May. 21, 2024)


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What is Glory Sun Land Group Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Glory Sun Land Group's current share price is HK$0.189. Glory Sun Land Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$43.04. Glory Sun Land Group's Cyclically Adjusted PS Ratio for today is 0.00.

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

During the past 13 years, Glory Sun Land Group's highest Cyclically Adjusted PS Ratio was 7.39. The lowest was 0.01. And the median was 0.69.

HKSE:00299's Cyclically Adjusted PS Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 3.12
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Glory Sun Land Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$11.017. 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$43.04 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glory Sun Land Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Glory Sun Land Group'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.

Glory Sun Land Group Cyclically Adjusted PS Ratio Chart

Glory Sun Land Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.29 0.10 0.02 0.01

Glory Sun Land Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.10 - 0.02 - 0.01

Competitive Comparison of Glory Sun Land Group's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Glory Sun Land Group'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.


Glory Sun Land Group's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Glory Sun Land Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Glory Sun Land Group's Cyclically Adjusted PS Ratio falls into.



Glory Sun Land Group 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.

Glory Sun Land Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.189/43.04
=0.00

* 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.

Glory Sun Land Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Glory Sun Land Group's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=11.017/117.2957*117.2957
=11.017

Current CPI (Dec23) = 117.2957.

Glory Sun Land Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 51.629 99.707 60.737
201512 37.844 102.015 43.512
201612 10.138 103.225 11.520
201712 5.750 104.984 6.424
201812 25.693 107.622 28.002
201912 112.702 110.700 119.417
202012 74.355 109.711 79.496
202112 52.741 112.349 55.063
202212 14.812 114.548 15.167
202312 11.017 117.296 11.017

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.


Glory Sun Land Group  (HKSE:00299) 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.


Glory Sun Land Group Cyclically Adjusted PS Ratio Related Terms

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Glory Sun Land Group (HKSE:00299) Business Description

Traded in Other Exchanges
N/A
Address
Tower Two, Lippo Centre, Unit 1305, 13th Floor, No. 89 Queensway, Admiralty, Hong Kong, HKG
Glory Sun Land Group Ltd is engaged in the trading of commodities in the People's Republic of China. The company's business segments are The real estate and property investment segment includes property development and property investment, the Trading of commodities segment includes the trading of commodities, the Construction segment includes the provision of construction works, Others segment includes the operation of a golf practicing court, operation of children's playrooms, operation of fitness rooms, operation of a karaoke box, and trading of home appliances and building materials.

Glory Sun Land Group (HKSE:00299) Headlines

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