Easyknit International Holdings (HKSE:01218) Cyclically Adjusted PS Ratio : 0.56 (As of Jun. 20, 2024)

View and export this data going back to 1995. Start your Free Trial

What is Easyknit International Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Easyknit International Holdings's current share price is HK$2.90. Easyknit International Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$5.15. Easyknit International Holdings's Cyclically Adjusted PS Ratio for today is 0.56.

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

HKSE:01218' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.64 Max: 1.04
Current: 0.56

During the past 13 years, Easyknit International Holdings's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.16. And the median was 0.64.

HKSE:01218's Cyclically Adjusted PS Ratio is ranked better than
76.33% of 1369 companies
in the Real Estate industry
Industry Median: 1.73 vs HKSE:01218: 0.56

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.

Easyknit International Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$1.173. 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$5.15 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Easyknit International Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Easyknit International 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.

Easyknit International Holdings Cyclically Adjusted PS Ratio Chart

Easyknit International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cyclically Adjusted PS Ratio

Get a 7-Day Free Trial

0.88

0.59

0.73

0.70

0.66

Easyknit International Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															-	0.70	-	0.66	-

Competitive Comparison of Easyknit International Holdings's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Easyknit International 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.

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

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

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

Easyknit International 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.

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

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	2.90	/	5.15
	=	0.56

Easyknit International Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Easyknit International Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Mar23 (Change)	*	Current CPI (Mar23)
	=	1.173	/	115.4269	*	115.4269
	=	1.173

Current CPI (Mar23) = 115.4269.

Easyknit International Holdings Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201403	3.472	95.749	4.186
201503	5.754	99.927	6.647
201603	8.543	102.785	9.594
201703	6.667	103.335	7.447
201803	3.691	105.973	4.020
201903	9.244	108.172	9.864
202003	0.697	110.920	0.725
202103	3.560	111.579	3.683
202203	4.113	113.558	4.181
202303	1.173	115.427	1.173

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.

Easyknit International Holdings (HKSE:01218) 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.

Easyknit International Holdings Cyclically Adjusted PS Ratio Related Terms

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

Easyknit International Holdings (HKSE:01218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Easyknit International Holdings Ltd (HKSE:01218) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

N/A

Address

481-483 Castle Peak Road, Block A, 7th Floor, Hong Kong Spinners Building, Phase 6, Kowloon, Cheung Sha Wan, Hong Kong, HKG

Website

https://www.easyknit.com

Easyknit International Holdings Ltd is an investment holding company, that engages in the investment, development, and management of properties. The company operates through Property Investment, Property Development, Investment in Securities, and Loan Financing segments. The investment properties of the company include residential, commercial, and industrial properties. The firm's majority revenue comes from the Property Investment segment. Geographically, it derives revenue from Hong Kong.

Executives

Winterbotham Holdings Limited
Hooper Ivan Geoffrey Douglas
Hooper Christopher Geoffrey Douglas
Markson International Holding Limited
Koon Wing Yee	2101 Beneficial owner
Lui Yuk Chu	2202 Interest of your spouse
Sea Rejoice Limited	2101 Beneficial owner
Accumulate More Profits Limited	2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas	2201 Interest of corporation controlled by you
Magical Profits Limited	2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust	2201 Interest of corporation controlled by you
Koon Ho Yan Candy

Easyknit International Holdings (HKSE:01218) Headlines

No Headlines