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Leoch International Technology (HKSE:00842) Cyclically Adjusted PS Ratio : 0.17 (As of May. 26, 2024)


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What is Leoch International Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Leoch International Technology's current share price is HK$1.41. Leoch International Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$8.07. Leoch International Technology's Cyclically Adjusted PS Ratio for today is 0.17.

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

HKSE:00842' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.13   Max: 0.33
Current: 0.17

During the past 13 years, Leoch International Technology's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.08. And the median was 0.13.

HKSE:00842's Cyclically Adjusted PS Ratio is ranked better than
95.17% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs HKSE:00842: 0.17

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.

Leoch International Technology's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$10.140. 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$8.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leoch International Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Leoch International Technology'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.

Leoch International Technology Cyclically Adjusted PS Ratio Chart

Leoch International Technology 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 0.11 0.08 0.13 0.19 0.15

Leoch International Technology 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 0.13 - 0.19 - 0.15

Competitive Comparison of Leoch International Technology's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Leoch International Technology'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.


Leoch International Technology's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leoch International Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Leoch International Technology 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.

Leoch International Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.41/8.07
=0.17

* 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.

Leoch International Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Leoch International Technology'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)
=10.14/117.2957*117.2957
=10.140

Current CPI (Dec23) = 117.2957.

Leoch International Technology Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.949 99.707 4.646
201512 3.844 102.015 4.420
201612 5.186 103.225 5.893
201712 8.232 104.984 9.197
201812 7.980 107.622 8.697
201912 6.854 110.700 7.262
202012 8.409 109.711 8.990
202112 10.175 112.349 10.623
202212 10.534 114.548 10.787
202312 10.140 117.296 10.140

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.


Leoch International Technology  (HKSE:00842) 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.


Leoch International Technology Cyclically Adjusted PS Ratio Related Terms

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


Leoch International Technology (HKSE:00842) Business Description

Traded in Other Exchanges
Address
No. 83, Zhanjing Road, Zhonggang Plaza, Exhibition Bay, 14th Floor, Block A, Tower 6, Fuyong Airport New City South, Baoan District, Shenzhen, CHN
Leoch International Technology Ltd is a vertically integrated enterprise. It is engaged in the development, sale, and manufacture of lead-acid batteries, recycled lead products, and others. Its product portfolio under lead-acid batteries consists of reserve power batteries, SLI batteries, motive power batteries, and others. The lead-acid-based reserve power batteries generate a vast majority of revenue for the company. Geographically, the company offers its services to China, Europe, the Middle East and Africa, the Americas, and Asia-Pacific, out of which China is the key revenue driver.
Executives
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner
Dong Li 2201 Interest of corporation controlled by you
Master Alliance Investment Limited 2201 Interest of corporation controlled by you

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