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Vongroup (HKSE:00318) Cyclically Adjusted PS Ratio : 0.84 (As of Jun. 03, 2025)


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What is Vongroup Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Vongroup's current share price is HK$0.335. Vongroup's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr24 was HK$0.40. Vongroup's Cyclically Adjusted PS Ratio for today is 0.84.

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

HKSE:00318' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.59   Max: 3.5
Current: 0.85

During the past 13 years, Vongroup's highest Cyclically Adjusted PS Ratio was 3.50. The lowest was 0.18. And the median was 0.59.

HKSE:00318's Cyclically Adjusted PS Ratio is ranked better than
70.46% of 1371 companies
in the Software industry
Industry Median: 2.1 vs HKSE:00318: 0.85

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.

Vongroup's adjusted revenue per share data of for the fiscal year that ended in Apr24 was HK$0.795. 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$0.40 for the trailing ten years ended in Apr24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vongroup Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vongroup'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.

Vongroup Cyclically Adjusted PS Ratio Chart

Vongroup Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.37 0.23 0.88 0.82

Vongroup Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 - 0.88 - 0.82 -

Competitive Comparison of Vongroup's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Vongroup'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.


Vongroup's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Vongroup's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Vongroup 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.

Vongroup's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.335/0.40
=0.84

* 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.

Vongroup's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr24 is calculated as:

For example, Vongroup's adjusted Revenue per Share data for the fiscal year that ended in Apr24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr24 (Change)*Current CPI (Apr24)
=0.795/116.9659*116.9659
=0.795

Current CPI (Apr24) = 116.9659.

Vongroup Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201504 0.090 99.157 0.106
201604 0.077 101.796 0.088
201704 0.070 103.884 0.079
201804 0.122 105.863 0.135
201904 0.177 108.941 0.190
202004 0.177 111.030 0.186
202104 0.576 111.909 0.602
202204 0.866 113.338 0.894
202304 0.870 115.647 0.880
202404 0.795 116.966 0.795

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.


Vongroup  (HKSE:00318) 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.


Vongroup Cyclically Adjusted PS Ratio Related Terms

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


Vongroup Business Description

Industry
Traded in Other Exchanges
N/A
Address
83 Hung To Road, 17A, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Vongroup Ltd is an investment holding company and the operating segment includes Financial, Property, and Technology. The majority of the revenue is generated from the Technology segment which is engaged in the business paradigms such as fintech, cloud, distance business, and virtual technologies. It helps clients to analyze, design, develop, operate, and maintain integrated e-commerce and other online commercials, educational, and biotech platforms and products. Its geographical segments include Hong Kong, the People's Republic of China, and Macau, out of which the majority of revenue comes from Hong Kong.
Executives
Vongroup Holdings Limited 2101 Beneficial owner
Vong Tat Ieong David 2201 Interest of corporation controlled by you
Allyking International Limited 2101 Beneficial owner
Huang Rong 2201 Interest of corporation controlled by you
Kingston Investment Assets Limited 2101 Beneficial owner
Nip Brian Donald 2201 Interest of corporation controlled by you
Wun Kam Hoi 2101 Beneficial owner

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