GURUFOCUS.COM » STOCK LIST » Technology » Software » Maxnerva Technology Services Ltd (HKSE:01037) » Definitions » Cyclically Adjusted PS Ratio

Maxnerva Technology Services (HKSE:01037) Cyclically Adjusted PS Ratio : 0.30 (As of Dec. 14, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Maxnerva Technology Services Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Maxnerva Technology Services's current share price is HK$0.27. Maxnerva Technology Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.90. Maxnerva Technology Services's Cyclically Adjusted PS Ratio for today is 0.30.

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

HKSE:01037' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.29   Max: 0.97
Current: 0.3

During the past 13 years, Maxnerva Technology Services's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.12. And the median was 0.29.

HKSE:01037's Cyclically Adjusted PS Ratio is ranked better than
88.67% of 1297 companies
in the Software industry
Industry Median: 2.26 vs HKSE:01037: 0.30

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.

Maxnerva Technology Services's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$1.057. 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$0.90 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxnerva Technology Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maxnerva Technology Services'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.

Maxnerva Technology Services Cyclically Adjusted PS Ratio Chart

Maxnerva Technology Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.30 0.35 0.26 0.20

Maxnerva Technology Services Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.26 - 0.20 -

Competitive Comparison of Maxnerva Technology Services's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Maxnerva Technology Services'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.


Maxnerva Technology Services's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Maxnerva Technology Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Maxnerva Technology Services 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.

Maxnerva Technology Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.27/0.9
=0.30

* 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.

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

For example, Maxnerva Technology Services'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)
=1.057/117.2957*117.2957
=1.057

Current CPI (Dec23) = 117.2957.

Maxnerva Technology Services Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.494 95.749 1.830
201503 0.297 99.927 0.349
201603 0.208 102.785 0.237
201703 0.586 103.335 0.665
201812 0.559 107.622 0.609
201912 0.732 110.700 0.776
202012 0.947 109.711 1.012
202112 1.056 112.349 1.102
202212 1.325 114.548 1.357
202312 1.057 117.296 1.057

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.


Maxnerva Technology Services  (HKSE:01037) 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.


Maxnerva Technology Services Cyclically Adjusted PS Ratio Related Terms

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


Maxnerva Technology Services Business Description

Traded in Other Exchanges
N/A
Address
63 Mody Road, Room 1001, 10th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Maxnerva Technology Services Ltd is an investment holding company engaged in the operating segments of Smart Office Business, Industrial Solution Business and New Retail Business. Smart Office business segment is engaged in the provision of video conference related solutions plus brand licensing and supply chain management of smart office equipment. Industrial Solution Business segment is involved in the provision of smart manufacturing solutions and services to improve the effectiveness and efficiency of production lines, plant facilities and the management of industrial parks .New Retail business segment provides advanced digital signage and other retail solutions to their customers It has a business presence in Hong Kong, the PRC, the United States, Taiwan and others.
Executives
Fsk Holdings Limited 2201 Interest of corporation controlled by you
Fdg Fund, L.p. 2101 Beneficial owner
Tse Tik Yang Denis 2201 Interest of corporation controlled by you
Foxconn (far East) Limited 2101 Beneficial owner

Maxnerva Technology Services Headlines

No Headlines