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Quali-Smart Holdings (HKSE:01348) Cyclically Adjusted PS Ratio : 0.13 (As of Jun. 20, 2024)


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What is Quali-Smart Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Quali-Smart Holdings's current share price is HK$0.07. Quali-Smart Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$0.53. Quali-Smart Holdings's Cyclically Adjusted PS Ratio for today is 0.13.

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

HKSE:01348' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.34   Max: 0.44
Current: 0.13

During the past 12 years, Quali-Smart Holdings's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.05. And the median was 0.34.

HKSE:01348's Cyclically Adjusted PS Ratio is ranked better than
94.84% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.415 vs HKSE:01348: 0.13

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.

Quali-Smart Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$0.232. 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$0.53 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quali-Smart Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Quali-Smart 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.

Quali-Smart Holdings Cyclically Adjusted PS Ratio Chart

Quali-Smart 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 - - 0.38 0.40 0.16

Quali-Smart 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 - 0.40 - 0.16 -

Competitive Comparison of Quali-Smart Holdings's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Quali-Smart 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.


Quali-Smart Holdings's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Quali-Smart Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Quali-Smart Holdings's Cyclically Adjusted PS Ratio falls into.



Quali-Smart 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.

Quali-Smart Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.07/0.53
=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.

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

For example, Quali-Smart 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)
=0.232/115.4269*115.4269
=0.232

Current CPI (Mar23) = 115.4269.

Quali-Smart Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.805 95.749 0.970
201503 0.776 99.927 0.896
201603 0.593 102.785 0.666
201703 0.540 103.335 0.603
201803 0.526 105.973 0.573
201903 0.423 108.172 0.451
202003 0.280 110.920 0.291
202103 0.330 111.579 0.341
202203 0.304 113.558 0.309
202303 0.232 115.427 0.232

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.


Quali-Smart Holdings  (HKSE:01348) 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.


Quali-Smart Holdings Cyclically Adjusted PS Ratio Related Terms

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


Quali-Smart Holdings (HKSE:01348) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Hoi Shing Road, Tsuen Wan, Workshop C, 19th Floor, TML Tower, New Territories, Hong Kong, HKG
Quali-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Manufacturing and sales of toys and Financial Services. It generates maximum revenue from the Manufacturing and sales of toys segment. The Financial Services segment includes securities brokerage, underwriting, securities margin financing, investment advisory, corporate finance, and asset management services. Geographically, it derives a majority of its revenue from North America which includes the United States of America and Canada, and also has a presence in the United Kingdom; France; PRC, and Taiwan; Central America, Caribbean, and Mexico; Australia, New Zealand, and Pacific Islands and other countries.
Executives
Benefit Global Limited 2101 Beneficial owner
Blackpine Private Equity Partners G.p. Limited 2201 Interest of corporation controlled by you
Clearfield Global Limited 2201 Interest of corporation controlled by you
Chu Lawrence Sheng Yu 2201 Interest of corporation controlled by you
Li Man Yee Stella 2101 Beneficial owner
Lau Ho Ming Peter 2101 Beneficial owner
Smart Investor Holdings Limited 2101 Beneficial owner
Zhongtai Securities Company Limited
Zhong Tai Jin Rong Guo Ji You Xian Gong Si 2101 Beneficial owner
Shan Dong Gang Tie Ji Tuan You Xian Gong Si
Lai Wu Gang Tie Ji Tuan You Xian Gong Si

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