GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Xinda Investment Holdings Ltd (HKSE:01281) » Definitions » Cyclically Adjusted PS Ratio

Xinda Investment Holdings (HKSE:01281) Cyclically Adjusted PS Ratio : 0.13 (As of Jun. 07, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Xinda Investment Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Xinda Investment Holdings's current share price is HK$0.063. Xinda Investment Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.49. Xinda Investment Holdings's Cyclically Adjusted PS Ratio for today is 0.13.

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

HKSE:01281' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.28   Max: 0.59
Current: 0.14

During the past 13 years, Xinda Investment Holdings's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.08. And the median was 0.28.

HKSE:01281's Cyclically Adjusted PS Ratio is ranked better than
95.42% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs HKSE:01281: 0.14

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.

Xinda Investment Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.084. 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$0.49 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinda Investment Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Xinda Investment 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.

Xinda Investment Holdings Cyclically Adjusted PS Ratio Chart

Xinda Investment 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 0.52 0.44 0.30 0.14 0.09

Xinda Investment 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 0.30 - 0.14 - 0.09

Competitive Comparison of Xinda Investment Holdings's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Xinda Investment 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.


Xinda Investment Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Xinda Investment Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Xinda Investment 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.

Xinda Investment Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.063/0.49
=0.13

* 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.

Xinda Investment Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Xinda Investment Holdings'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)
=0.084/114.7809*114.7809
=0.084

Current CPI (Dec23) = 114.7809.

Xinda Investment Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.107 99.000 0.124
201512 0.535 100.600 0.610
201612 0.845 102.600 0.945
201712 1.342 104.500 1.474
201812 0.613 106.500 0.661
201912 0.111 111.200 0.115
202012 0.317 111.500 0.326
202112 0.382 113.108 0.388
202212 0.147 115.116 0.147
202312 0.084 114.781 0.084

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.


Xinda Investment Holdings  (HKSE:01281) 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.


Xinda Investment Holdings Cyclically Adjusted PS Ratio Related Terms

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


Xinda Investment Holdings (HKSE:01281) Business Description

Traded in Other Exchanges
N/A
Address
66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN
Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.
Executives
Wei Shaojun 2307 Founder of a discretionary trust who can infl
King River Developments Limited 2201 Interest of corporation controlled by you
Zedra Trust Company (singapore) Limited 2301 Trustee
Harvest Oak Holdings Limited 2101 Beneficial owner
Wei Qiang 2305 Beneficiary of a trust
Lightway Power Holdings Limited 2101 Beneficial owner
China Ruifeng Renewable Energy Holdings Limited 2101 Beneficial owner
Rentian Technology Holdings Limited 2201 Interest of corporation controlled by you
Sino Wealthy Limited 2101 Beneficial owner

Xinda Investment Holdings (HKSE:01281) Headlines

No Headlines