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DeTai New Energy Group (HKSE:00559) Cyclically Adjusted PS Ratio : 0.84 (As of Dec. 13, 2024)


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What is DeTai New Energy Group Cyclically Adjusted PS Ratio?

As of today (2024-12-13), DeTai New Energy Group's current share price is HK$0.167. DeTai New Energy Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 was HK$0.20. DeTai New Energy Group's Cyclically Adjusted PS Ratio for today is 0.84.

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

HKSE:00559' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 2.1
Current: 0.87

During the past 13 years, DeTai New Energy Group's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 0.01. And the median was 0.20.

HKSE:00559's Cyclically Adjusted PS Ratio is ranked better than
68.39% of 601 companies
in the Travel & Leisure industry
Industry Median: 1.52 vs HKSE:00559: 0.87

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.

DeTai New Energy Group's adjusted revenue per share data of for the fiscal year that ended in Jun24 was HK$0.179. 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$0.20 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


DeTai New Energy Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DeTai New Energy 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.

DeTai New Energy Group Cyclically Adjusted PS Ratio Chart

DeTai New Energy Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 1.60 0.90 1.22 1.52

DeTai New Energy Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.90 - 1.22 - 1.52

Competitive Comparison of DeTai New Energy Group's Cyclically Adjusted PS Ratio

For the Lodging subindustry, DeTai New Energy 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.


DeTai New Energy Group's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DeTai New Energy Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where DeTai New Energy Group's Cyclically Adjusted PS Ratio falls into.



DeTai New Energy 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.

DeTai New Energy Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.167/0.2
=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.

DeTai New Energy Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 is calculated as:

For example, DeTai New Energy Group's adjusted Revenue per Share data for the fiscal year that ended in Jun24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.179/117.2957*117.2957
=0.179

Current CPI (Jun24) = 117.2957.

DeTai New Energy Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.406 99.267 0.480
201606 0.110 101.686 0.127
201706 0.268 103.664 0.303
201806 0.313 106.193 0.346
201906 0.120 109.601 0.128
202006 0.090 110.590 0.095
202106 0.046 111.360 0.048
202206 0.078 113.448 0.081
202306 0.179 115.647 0.182
202406 0.179 117.296 0.179

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.


DeTai New Energy Group  (HKSE:00559) 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.


DeTai New Energy Group Cyclically Adjusted PS Ratio Related Terms

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


DeTai New Energy Group Business Description

Traded in Other Exchanges
N/A
Address
110–116 Queen’s Road Central, Room 905, 9th Floor, Wings Building, Wan Chai, Hong Kong, HKG
DeTai New Energy Group Ltd is an investment holding company. The company's operating segment includes the Hotel hospitality business; Money lending services; trading and distribution of liquor and win; and investments in listed securities and funds. It generates maximum revenue from the Hotel hospitality business segment. Geographically, it derives a majority of its revenue from Japan and also has a presence in Hong Kong; and China.
Executives
Tong Liang 2101 Beneficial owner

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