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MOBI Development Co (HKSE:00947) Cyclically Adjusted PS Ratio : 0.08 (As of Apr. 30, 2024)


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What is MOBI Development Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), MOBI Development Co's current share price is HK$0.15. MOBI Development Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$1.77. MOBI Development Co's Cyclically Adjusted PS Ratio for today is 0.08.

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

HKSE:00947' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.3   Max: 0.8
Current: 0.08

During the past 13 years, MOBI Development Co's highest Cyclically Adjusted PS Ratio was 0.80. The lowest was 0.07. And the median was 0.30.

HKSE:00947's Cyclically Adjusted PS Ratio is ranked better than
96.78% of 1896 companies
in the Hardware industry
Industry Median: 1.02 vs HKSE:00947: 0.08

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.

MOBI Development Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.863. 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$1.77 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MOBI Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MOBI Development Co'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.

MOBI Development Co Cyclically Adjusted PS Ratio Chart

MOBI Development Co 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 0.61 0.31 0.20 0.12 0.11

MOBI Development Co 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 0.20 - 0.12 - 0.11

Competitive Comparison of MOBI Development Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, MOBI Development Co'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.


MOBI Development Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MOBI Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MOBI Development Co 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.

MOBI Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.15/1.77
=0.08

* 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.

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

For example, MOBI Development Co'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)
=0.863/114.6694*114.6694
=0.863

Current CPI (Dec23) = 114.6694.

MOBI Development Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.479 99.000 2.871
201512 2.296 100.600 2.617
201612 1.997 102.600 2.232
201712 2.057 104.500 2.257
201812 1.741 106.500 1.875
201912 1.649 111.200 1.700
202012 1.280 111.500 1.316
202112 0.990 113.108 1.004
202212 0.938 115.116 0.934
202312 0.863 114.669 0.863

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.


MOBI Development Co  (HKSE:00947) 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.


MOBI Development Co Cyclically Adjusted PS Ratio Related Terms

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


MOBI Development Co (HKSE:00947) Business Description

Traded in Other Exchanges
N/A
Address
7 Langshan First Road, Science and Technology Park, Nanshan District, Guangdong Province, Shenzen, CHN
MOBI Development Co Ltd is engaged in the communications business sector. It specializes in antenna, radiofrequency, communications products, and solutions of wi-fi series. It operates in three business segments that are Antenna systems engaged in the manufacturing and sales of the antenna systems and related products; the Base station RF subsystem consists of the manufacturing and sales of base station RF subsystem and related products; the Coverage extension solution segment manufactures and sales of coverage products. The majority of the revenue comes from the Base station RF subsystem.

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