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Tsui Wah Holdings (HKSE:01314) Cyclically Adjusted PS Ratio : 0.18 (As of Jun. 20, 2024)


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What is Tsui Wah Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Tsui Wah Holdings's current share price is HK$0.203. Tsui Wah Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$1.15. Tsui Wah Holdings's Cyclically Adjusted PS Ratio for today is 0.18.

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

HKSE:01314' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.19   Max: 0.28
Current: 0.16

During the past 12 years, Tsui Wah Holdings's highest Cyclically Adjusted PS Ratio was 0.28. The lowest was 0.15. And the median was 0.19.

HKSE:01314's Cyclically Adjusted PS Ratio is ranked better than
91.09% of 247 companies
in the Restaurants industry
Industry Median: 0.76 vs HKSE:01314: 0.16

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.

Tsui Wah Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$0.613. 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$1.15 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsui Wah Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tsui Wah 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.

Tsui Wah Holdings Cyclically Adjusted PS Ratio Chart

Tsui Wah Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.27 0.18 0.21

Tsui Wah 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 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 - 0.18 - 0.21 -

Competitive Comparison of Tsui Wah Holdings's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Tsui Wah 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.


Tsui Wah Holdings's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tsui Wah Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tsui Wah 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.

Tsui Wah Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.203/1.15
=0.18

* 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.

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

For example, Tsui Wah 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)
=0.613/115.4269*115.4269
=0.613

Current CPI (Mar23) = 115.4269.

Tsui Wah Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.025 95.749 1.236
201503 1.265 99.927 1.461
201603 1.321 102.785 1.483
201703 1.308 103.335 1.461
201803 1.304 105.973 1.420
201903 1.266 108.172 1.351
202003 0.979 110.920 1.019
202103 0.678 111.579 0.701
202203 0.721 113.558 0.733
202303 0.613 115.427 0.613

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.


Tsui Wah Holdings  (HKSE:01314) 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.


Tsui Wah Holdings Cyclically Adjusted PS Ratio Related Terms

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


Tsui Wah Holdings (HKSE:01314) Business Description

Traded in Other Exchanges
N/A
Address
1–7 Shing Chuen Road,, Unit A, 3 Floor Sunking Industry Building,, Tai Wai, Sha Tin New Territories, Hong Kong, HKG
Tsui Wah Holdings Ltd is an investment holding company. It is principally engaged in the provision of food catering services through restaurants in Hong Kong, the People's Republic of China, Macau, and Singapore. geographically the majority of its revenue comes from Mainland China.
Executives
Cheung Yu To 2103 Interests held jointly with another person
Ho Ting Chi 2103 Interests held jointly with another person
Chan Choi Fung 2202 Interest of your spouse
Lee Yuen Hong 2103 Interests held jointly with another person
Cheung Wai Keung 2103 Interests held jointly with another person
Cheung Yue Pui 2103 Interests held jointly with another person
Lam Hiu Man 2202 Interest of your spouse
Lui Ning 2202 Interest of your spouse
Tai Ngan Har Talia 2202 Interest of your spouse
Woo Chun Li 2202 Interest of your spouse

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