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Chinandi Holdings (HKSE:00910) Cyclically Adjusted PS Ratio : 0.14 (As of May. 21, 2024)


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What is Chinandi Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Chinandi Holdings's current share price is HK$0.05. Chinandi Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.35. Chinandi Holdings's Cyclically Adjusted PS Ratio for today is 0.14.

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

HKSE:00910' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.69   Max: 6.3
Current: 0.13

During the past 13 years, Chinandi Holdings's highest Cyclically Adjusted PS Ratio was 6.30. The lowest was 0.08. And the median was 0.69.

HKSE:00910's Cyclically Adjusted PS Ratio is ranked better than
92.93% of 1372 companies
in the Real Estate industry
Industry Median: 1.755 vs HKSE:00910: 0.13

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.

Chinandi Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.710. 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$0.35 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chinandi Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chinandi 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.

Chinandi Holdings Cyclically Adjusted PS Ratio Chart

Chinandi Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 3.80 2.23 0.72 0.27

Chinandi Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 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 2.23 - 0.72 - 0.27

Competitive Comparison of Chinandi Holdings's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Chinandi 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.


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

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

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



Chinandi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.05/0.35
=0.14

* 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.

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

For example, Chinandi 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)
=0.71/117.2957*117.2957
=0.710

Current CPI (Dec23) = 117.2957.

Chinandi Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.063 95.749 0.077
201503 0.099 99.927 0.116
201603 0.061 102.785 0.070
201703 0.071 103.335 0.081
201803 0.160 105.973 0.177
201912 0.354 110.700 0.375
202012 0.604 109.711 0.646
202112 0.567 112.349 0.592
202212 0.611 114.548 0.626
202312 0.710 117.296 0.710

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.


Chinandi Holdings  (HKSE:00910) 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.


Chinandi Holdings Cyclically Adjusted PS Ratio Related Terms

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Chinandi Holdings (HKSE:00910) Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Room 2008, 20th Floor, Hong Kong, HKG
China Sandi Holdings Ltd is an investment holding company engaged in the investment and development of properties. It operates through the segments of Property development and Property investment. The company derives key revenue from Property development segment which involves the development and sale of properties. Property investment segment involves the lease of investment properties and provision of property management service. The group principally operates in Mainland China.

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