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Miricor Enterprises Holdings (HKSE:01827) Cyclically Adjusted PS Ratio : 2.07 (As of Jan. 19, 2025)


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What is Miricor Enterprises Holdings Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Miricor Enterprises Holdings's current share price is HK$1.20. Miricor Enterprises Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was HK$0.58. Miricor Enterprises Holdings's Cyclically Adjusted PS Ratio for today is 2.07.

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

HKSE:01827' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.81   Med: 1.98   Max: 2.41
Current: 2.03

During the past 10 years, Miricor Enterprises Holdings's highest Cyclically Adjusted PS Ratio was 2.41. The lowest was 1.81. And the median was 1.98.

HKSE:01827's Cyclically Adjusted PS Ratio is ranked worse than
68% of 50 companies
in the Personal Services industry
Industry Median: 0.885 vs HKSE:01827: 2.03

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.

Miricor Enterprises Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar24 was HK$1.236. 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$0.58 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Miricor Enterprises Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Miricor Enterprises 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.

Miricor Enterprises Holdings Cyclically Adjusted PS Ratio Chart

Miricor Enterprises Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.38

Miricor Enterprises Holdings Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - 2.38 -

Competitive Comparison of Miricor Enterprises Holdings's Cyclically Adjusted PS Ratio

For the Personal Services subindustry, Miricor Enterprises 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.


Miricor Enterprises Holdings's Cyclically Adjusted PS Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Miricor Enterprises Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Miricor Enterprises 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.

Miricor Enterprises Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.20/0.58
=2.07

* 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.

Miricor Enterprises Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Miricor Enterprises Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.236/117.7354*117.7354
=1.236

Current CPI (Mar24) = 117.7354.

Miricor Enterprises Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.185 99.927 0.218
201603 0.208 102.785 0.238
201703 0.311 103.335 0.354
201803 0.318 105.973 0.353
201903 0.387 108.172 0.421
202003 0.441 110.920 0.468
202103 0.322 111.579 0.340
202203 0.910 113.558 0.943
202303 1.158 115.427 1.181
202403 1.236 117.735 1.236

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.


Miricor Enterprises Holdings  (HKSE:01827) 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.


Miricor Enterprises Holdings Cyclically Adjusted PS Ratio Related Terms

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Miricor Enterprises Holdings Business Description

Traded in Other Exchanges
N/A
Address
88 Connaught Road Central, 18th Floor, Nan Fung Tower, Central, Hong Kong, HKG
Miricor Enterprises Holdings Ltd is an investment holding company. The company is engaged in the provision of medical aesthetic services and the sale of skin care products. The company's only operating segment is the non-surgical medical aesthetic services and is principally engaged in the provision of medical aesthetic services and the sale of skin care products in Hong Kong and Mainland China. Geographically, it operates and derives revenue from Hong Kong.
Executives
Meitu, Inc. 2101 Beneficial owner
Sunny Bright Group Holdings Limited 2101 Beneficial owner
Lai Ka Yee Gigi 2201 Interest of corporation controlled by you
Ma Ting Keung Patrick 2201 Interest of corporation controlled by you

Miricor Enterprises Holdings Headlines

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