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Silk Road Logistics Holdings (HKSE:00988) Cyclically Adjusted PS Ratio : 0.01 (As of May. 21, 2024)


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What is Silk Road Logistics Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Silk Road Logistics Holdings's current share price is HK$0.186. Silk Road Logistics Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was HK$34.08. Silk Road Logistics Holdings's Cyclically Adjusted PS Ratio for today is 0.01.

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

HKSE:00988' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.84
Current: 0.01

During the past 13 years, Silk Road Logistics Holdings's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.01. And the median was 0.04.

HKSE:00988's Cyclically Adjusted PS Ratio is not ranked
in the Capital Markets industry.
Industry Median: 3.12 vs HKSE:00988: 0.01

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.

Silk Road Logistics Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec22 was HK$0.012. 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$34.08 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silk Road Logistics Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Silk Road Logistics 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.

Silk Road Logistics Holdings Cyclically Adjusted PS Ratio Chart

Silk Road Logistics 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 0.01 0.01 - 0.01 -

Silk Road Logistics 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 - - 0.01 - -

Competitive Comparison of Silk Road Logistics Holdings's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Silk Road Logistics 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.


Silk Road Logistics Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Silk Road Logistics Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Silk Road Logistics 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.

Silk Road Logistics Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.186/34.08
=0.01

* 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.

Silk Road Logistics Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Silk Road Logistics Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.012/114.5475*114.5475
=0.012

Current CPI (Dec22) = 114.5475.

Silk Road Logistics Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 13.000 95.090 15.660
201412 242.018 99.707 278.041
201512 5.104 102.015 5.731
201612 4.121 103.225 4.573
201712 4.747 104.984 5.179
201812 20.227 107.622 21.529
201912 9.683 110.700 10.020
202012 0.061 109.711 0.064
202112 0.022 112.349 0.022
202212 0.012 114.548 0.012

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.


Silk Road Logistics Holdings  (HKSE:00988) 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.


Silk Road Logistics Holdings Cyclically Adjusted PS Ratio Related Terms

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Silk Road Logistics Holdings (HKSE:00988) Business Description

Traded in Other Exchanges
N/A
Address
262 Gloucester Road, Room 1702, 17th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
Silk Road Logistics Holdings Ltd is an Investment Holding company. It operates through three segments namely the Commodities trading segment which is engaged in the trading of commodities; the Oil segment which operates in the exploration and production of oil as well as the provision of well-drilling services; and the Logistics segment is involved in the provision of transportation and warehousing services. The company generates the majority of its revenue from the People's Republic of China.

Silk Road Logistics Holdings (HKSE:00988) Headlines

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