Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Wang On PropertiesHKSE:01243 Cyclically Adjusted PS Ratio is 0.36 as of Sep. 09, 2026, which is 40% below its 10-year median of 0.60. The stock has 4 warning signs investors should review. Among 1,361 Real Estate companies, Wang On Properties ranks better than 84.06% on this metric.
The historical rank and industry rank for Wang On Properties's Cyclically Adjusted PS Ratio or its related term are showing as below:
HKSE:01243'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.6 Max: 1.2
Current: 0.37
During the past 13 years, Wang On Properties's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.36. And the median was 0.60.
HKSE:01243's Cyclically Adjusted PS Ratio is ranked better than 84.06% of 1361
companies
in the Real Estate industry
Industry Median: 1.81
vs HKSE:01243: 0.37
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.
Wang On Properties's adjusted revenue per share data of for the fiscal year that ended in Mar26 was HK$0.092. 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$0.09 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Wang On Properties (HKSE:01243) 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.
Wang On Properties Cyclically Adjusted PS Ratio Related Terms
Wang On Properties Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Wang On Properties'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.
Wang On Properties Cyclically Adjusted PS Ratio Chart
Wang On Properties Cyclically Adjusted PS Ratio Competitor Comparison
For the Real Estate - Development subindustry, Wang On Properties'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.
Wang On Properties Cyclically Adjusted PS Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wang On Properties's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Wang On Properties's Cyclically Adjusted PS Ratio falls into.
Wang On Properties 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.
Wang On Properties's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 0.36 mean?
Wang On Properties (HKSE:01243) has a Cyclically Adjusted PS Ratio of 0.36 as of Sep. 09, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Wang On Properties and its competitors. This is 40% below median its historical median of 0.60. Over the past decade, Wang On Properties' Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.20. According to the industry distribution chart, Wang On Properties ranks #217 out of 1361 companies in the Real Estate industry, placing it in the top 15.9%.
Is Wang On Properties' Cyclically Adjusted PS Ratio too high?
Wang On Properties' current Cyclically Adjusted PS Ratio of 0.36 is 40% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.20. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.81. Wang On Properties' value of 0.36 is 80.1% below this industry median. Based on the distribution chart, Wang On Properties ranks #217 out of 1361 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Wang On Properties' Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #217 out of 1361 companies for Cyclically Adjusted PS Ratio. This places Wang On Properties in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.81. Wang On Properties' value of 0.36 is 80.1% below this benchmark. Historically, Wang On Properties' own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.20 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.81, Wang On Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.81, based on 1,361 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wang On Properties's current Cyclically Adjusted PS Ratio of 0.36 is 80.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Wang On Properties and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current Cyclically Adjusted PS Ratio is 0.36, which is 40% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 20% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.36, which is 40% below median its 10-year median of 0.60 and 80.1% below the Real Estate industry median of 1.81. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Wang On Properties (HKSE:01243), the current Cyclically Adjusted PS Ratio is 0.36 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01243 has been successfully added to your 
