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Fortune Sun (China) Holdings (HKSE:00352) Cyclically Adjusted PS Ratio : 1.00 (As of Jun. 06, 2024)


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What is Fortune Sun (China) Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Fortune Sun (China) Holdings's current share price is HK$0.12. Fortune Sun (China) Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.12. Fortune Sun (China) Holdings's Cyclically Adjusted PS Ratio for today is 1.00.

The historical rank and industry rank for Fortune Sun (China) Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:00352' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 4   Max: 9.61
Current: 0.97

During the past 13 years, Fortune Sun (China) Holdings's highest Cyclically Adjusted PS Ratio was 9.61. The lowest was 0.55. And the median was 4.00.

HKSE:00352's Cyclically Adjusted PS Ratio is ranked better than
64.45% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs HKSE:00352: 0.97

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.

Fortune Sun (China) Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.040. 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$0.12 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Sun (China) Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fortune Sun (China) 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.

Fortune Sun (China) Holdings Cyclically Adjusted PS Ratio Chart

Fortune Sun (China) Holdings 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 3.32 4.67 3.02 1.66 1.34

Fortune Sun (China) Holdings 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 3.02 - 1.66 - 1.34

Competitive Comparison of Fortune Sun (China) Holdings's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Fortune Sun (China) 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.


Fortune Sun (China) Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortune Sun (China) Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Sun (China) Holdings's Cyclically Adjusted PS Ratio falls into.



Fortune Sun (China) 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.

Fortune Sun (China) Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.12/0.12
=1.00

* 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.

Fortune Sun (China) Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Fortune Sun (China) Holdings'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)
=0.04/114.7809*114.7809
=0.040

Current CPI (Dec23) = 114.7809.

Fortune Sun (China) Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.143 99.000 0.166
201512 0.103 100.600 0.118
201612 0.105 102.600 0.117
201712 0.128 104.500 0.141
201812 0.121 106.500 0.130
201912 0.065 111.200 0.067
202012 0.129 111.500 0.133
202112 0.200 113.108 0.203
202212 0.054 115.116 0.054
202312 0.040 114.781 0.040

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.


Fortune Sun (China) Holdings  (HKSE:00352) 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.


Fortune Sun (China) Holdings Cyclically Adjusted PS Ratio Related Terms

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Fortune Sun (China) Holdings (HKSE:00352) Business Description

Traded in Other Exchanges
N/A
Address
No. 1500 Century Avenue, Unit 901, 9th Floor, Orient Building, Pudong New District, Shanghai, CHN, 200122
Fortune Sun (China) Holdings Ltd operates as an investment holding company. The firm operates a single business segment which is the provision of property consultancy and sales agency services for the primary property market in China. It specializes in diversified business models, such as real estate leasing, management, administration, sales, development, joint-building, buyout, and underwriting. Its geographical segments are China and Cambodia, of which nearly all of its revenues come from China.
Executives
Double Energy Limited 2101 Beneficial owner
Zhu Kai 2201 Interest of corporation controlled by you
Chang Hsiu Hua 2202 Interest of your spouse
Chiang Chen Feng 2201 Interest of corporation controlled by you
Active Star Investment Limited 2101 Beneficial owner
Lin Chien Ju 2101 Beneficial owner

Fortune Sun (China) Holdings (HKSE:00352) Headlines

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