China Energy Storage Technology Development (HKSE:01143) Cyclically Adjusted PS Ratio : 0.10 (As of Jun. 13, 2024)

View and export this data going back to 2011. Start your Free Trial

What is China Energy Storage Technology Development Cyclically Adjusted PS Ratio?

As of today (2024-06-13), China Energy Storage Technology Development's current share price is HK$2.37. China Energy Storage Technology Development's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$24.77. China Energy Storage Technology Development's Cyclically Adjusted PS Ratio for today is 0.10.

The historical rank and industry rank for China Energy Storage Technology Development's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:01143' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.4
Current: 0.1

During the past 13 years, China Energy Storage Technology Development's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.01. And the median was 0.07.

HKSE:01143's Cyclically Adjusted PS Ratio is ranked better than
95.42% of 1923 companies
in the Hardware industry
Industry Median: 1.08 vs HKSE:01143: 0.10

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.

China Energy Storage Technology Development's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$2.922. 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$24.77 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

China Energy Storage Technology Development Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Energy Storage Technology Development'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.

China Energy Storage Technology Development Cyclically Adjusted PS Ratio Chart

China Energy Storage Technology Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

Get a 7-Day Free Trial

0.11

0.08

0.05

0.02

0.08

China Energy Storage Technology Development 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															0.05	-	0.02	-	0.08

Competitive Comparison of China Energy Storage Technology Development's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, China Energy Storage Technology Development'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.

China Energy Storage Technology Development's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where China Energy Storage Technology Development's Cyclically Adjusted PS Ratio falls into.

China Energy Storage Technology Development 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.

China Energy Storage Technology Development's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	2.37	/	24.77
	=	0.10

China Energy Storage Technology Development's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Energy Storage Technology Development'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)
	=	2.922	/	117.2957	*	117.2957
	=	2.922

Current CPI (Dec23) = 117.2957.

China Energy Storage Technology Development Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	48.939	99.707	57.572
201512	39.547	102.015	45.471
201612	29.474	103.225	33.492
201712	25.225	104.984	28.183
201812	22.359	107.622	24.369
201912	20.668	110.700	21.899
202012	15.858	109.711	16.954
202112	11.347	112.349	11.847
202212	4.893	114.548	5.010
202312	2.922	117.296	2.922

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.

China Energy Storage Technology Development (HKSE:01143) 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.

China Energy Storage Technology Development Cyclically Adjusted PS Ratio Related Terms

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

China Energy Storage Technology Development (HKSE:01143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Energy Storage Technology Development Ltd (HKSE:01143) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

N/A

Address

The Gateway, Harbour City, Suites 3501 & 3513–14, 35th Floor Tower 6, Tsim Sha Tsui, Hong Kong, HKG

Website

http://www.link-asia.com.hk

China Energy Storage Technology Development Ltd Formerly Link-Asia International MedTech Group Ltd is an investment holding company. It operates in four segments: Electronic manufacturing services; Distribution of Communications Products; Securities and Other Assets Investment, which includes Equity investment, property agency service, and other operations; and Real Estate Supply Chain Services, which provide real estate advisory services and real estate purchase service and Money Lending. The company generates the vast majority of its revenue from the Electronic manufacturing services segment. Its geographical segments are China, the United States, Switzerland, France, Poland, the United Kingdom, and Others.

Executives

Chen Dezhu	2201 Interest of corporation controlled by you
Chan Allie	2106 Person having a security interest in shares
Sy Ming Yiu	2101 Beneficial owner
Power Port Holdings Limited	2101 Beneficial owner
Yang Changrong	2201 Interest of corporation controlled by you
He Xiaoming	2201 Interest of corporation controlled by you
Keywan Global Limited	2101 Beneficial owner
Cao Longbing	2201 Interest of corporation controlled by you
Hearts Capital (asia) Limited	2201 Interest of corporation controlled by you
Hearts Capital Spc - Hearts Sp2	2101 Beneficial owner
Long Asia Asset Management (hk) Limited	2102 Investment manager

China Energy Storage Technology Development (HKSE:01143) Headlines

No Headlines