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Hopson Development Holdings (HKSE:00754) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 19, 2024)


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What is Hopson Development Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Hopson Development Holdings's current share price is HK$3.59. Hopson Development Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$6.05. Hopson Development Holdings's Cyclically Adjusted PS Ratio for today is 0.59.

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

HKSE:00754' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.98   Max: 4.64
Current: 0.6

During the past 13 years, Hopson Development Holdings's highest Cyclically Adjusted PS Ratio was 4.64. The lowest was 0.56. And the median was 0.98.

HKSE:00754's Cyclically Adjusted PS Ratio is ranked better than
74.63% of 1368 companies
in the Real Estate industry
Industry Median: 1.73 vs HKSE:00754: 0.60

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.

Hopson Development Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$9.042. 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$6.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hopson Development Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hopson Development 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.

Hopson Development Holdings Cyclically Adjusted PS Ratio Chart

Hopson Development 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 1.02 2.41 1.96 1.04 0.67

Hopson Development 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 1.96 - 1.04 - 0.67

Competitive Comparison of Hopson Development Holdings's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Hopson Development 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.


Hopson Development Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hopson Development Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hopson Development 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.

Hopson Development Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.59/6.05
=0.59

* 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.

Hopson Development Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hopson Development 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)
=9.042/117.2957*117.2957
=9.042

Current CPI (Dec23) = 117.2957.

Hopson Development Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.323 99.707 5.086
201512 3.266 102.015 3.755
201612 4.153 103.225 4.719
201712 3.535 104.984 3.950
201812 3.400 107.622 3.706
201912 4.757 110.700 5.040
202012 8.858 109.711 9.470
202112 8.048 112.349 8.402
202212 7.186 114.548 7.358
202312 9.042 117.296 9.042

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.


Hopson Development Holdings  (HKSE:00754) 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.


Hopson Development Holdings Cyclically Adjusted PS Ratio Related Terms

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Hopson Development Holdings (HKSE:00754) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Unit 4903-10, 49th Floor, The Center, Central, Hong Kong, HKG
Hopson Development Holdings Ltd is engaged in the development of medium to high-end large-scale residential properties. The company has five operating segment which includes the Real Estate segment, Commercial segment, Property management segment, Investments segment, and Infrastructure segment. It generates maximum revenue from Property development.
Executives
Hsbc Holdings Plc 2201 Interest of corporation controlled by you
Sounda Properties Limited 2101 Beneficial owner
Chu Mang Yee 2201 Interest of corporation controlled by you
Clear Build Investments Limited 2201 Interest of corporation controlled by you
Farrich Investments Limited 2101 Beneficial owner
Thebest Investments Limited 2201 Interest of corporation controlled by you
Chu Yat Hong 2201 Interest of corporation controlled by you

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