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Mei Ah Entertainment Group (HKSE:00391) Cyclically Adjusted PS Ratio : 4.95 (As of Mar. 03, 2025)


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What is Mei Ah Entertainment Group Cyclically Adjusted PS Ratio?

As of today (2025-03-03), Mei Ah Entertainment Group's current share price is HK$0.099. Mei Ah Entertainment Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was HK$0.02. Mei Ah Entertainment Group's Cyclically Adjusted PS Ratio for today is 4.95.

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

HKSE:00391' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.1   Med: 6.25   Max: 29.2
Current: 4.87

During the past 13 years, Mei Ah Entertainment Group's highest Cyclically Adjusted PS Ratio was 29.20. The lowest was 2.10. And the median was 6.25.

HKSE:00391's Cyclically Adjusted PS Ratio is ranked worse than
92.25% of 619 companies
in the Media - Diversified industry
Industry Median: 0.95 vs HKSE:00391: 4.87

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.

Mei Ah Entertainment Group's adjusted revenue per share data of for the fiscal year that ended in Mar24 was HK$0.020. 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$0.02 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mei Ah Entertainment Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mei Ah Entertainment 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.

Mei Ah Entertainment Group Cyclically Adjusted PS Ratio Chart

Mei Ah Entertainment Group 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 2.70 2.64 2.90 10.89 7.28

Mei Ah Entertainment Group 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 - 10.89 - 7.28 -

Competitive Comparison of Mei Ah Entertainment Group's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Mei Ah Entertainment 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.


Mei Ah Entertainment Group's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mei Ah Entertainment Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mei Ah Entertainment Group's Cyclically Adjusted PS Ratio falls into.



Mei Ah Entertainment 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.

Mei Ah Entertainment Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.099/0.02
=4.95

* 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.

Mei Ah Entertainment Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Mei Ah Entertainment Group'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)
=0.02/117.7354*117.7354
=0.020

Current CPI (Mar24) = 117.7354.

Mei Ah Entertainment Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.021 99.927 0.025
201603 0.022 102.785 0.025
201703 0.017 103.335 0.019
201803 0.019 105.973 0.021
201903 0.020 108.172 0.022
202003 0.026 110.920 0.028
202103 0.016 111.579 0.017
202203 0.013 113.558 0.013
202303 0.013 115.427 0.013
202403 0.020 117.735 0.020

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.


Mei Ah Entertainment Group  (HKSE:00391) 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.


Mei Ah Entertainment Group Cyclically Adjusted PS Ratio Related Terms

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


Mei Ah Entertainment Group Business Description

Traded in Other Exchanges
N/A
Address
28 Chun Choi Street, 5th Floor, Mei Ah Centre, Kowloon, Tseung Kwan O Industrial Estate, Hong Kong, HKG
Mei Ah Entertainment Group Ltd is an investment holding company. The company's operating segment includes Channel operations; Film exhibition and film rights licensing and sub-licensing; Cinema operations; Concert performance and events organisation; and Subcontracting service income. The company generates maximum revenue from the Channel operations segment. The company also generates other income from Rental income from investment properties; and Management fee income.
Executives
Li Kuo Hsing 2101 Beneficial owner
Li Guo Lin 2201 Interest of corporation controlled by you

Mei Ah Entertainment Group Headlines

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