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Xingda International Holdings (HKSE:01899) Cyclically Adjusted PS Ratio : 0.22 (As of Jun. 14, 2024)


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What is Xingda International Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Xingda International Holdings's current share price is HK$1.34. Xingda International Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$6.11. Xingda International Holdings's Cyclically Adjusted PS Ratio for today is 0.22.

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

HKSE:01899' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.41   Max: 0.92
Current: 0.23

During the past 13 years, Xingda International Holdings's highest Cyclically Adjusted PS Ratio was 0.92. The lowest was 0.22. And the median was 0.41.

HKSE:01899's Cyclically Adjusted PS Ratio is ranked better than
79.3% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.67 vs HKSE:01899: 0.23

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.

Xingda International Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$7.521. 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$6.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xingda International Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Xingda International 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.

Xingda International Holdings Cyclically Adjusted PS Ratio Chart

Xingda International 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 0.41 0.43 0.30 0.26 0.24

Xingda International 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 - 0.26 - 0.24

Competitive Comparison of Xingda International Holdings's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Xingda International 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.


Xingda International Holdings's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xingda International Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Xingda International 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.

Xingda International Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.34/6.11
=0.22

* 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.

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

For example, Xingda International 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)
=7.521/114.7809*114.7809
=7.521

Current CPI (Dec23) = 114.7809.

Xingda International Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.600 99.000 5.333
201512 3.790 100.600 4.324
201612 4.138 102.600 4.629
201712 5.519 104.500 6.062
201812 5.795 106.500 6.246
201912 5.547 111.200 5.726
202012 5.816 111.500 5.987
202112 7.965 113.108 8.083
202212 7.236 115.116 7.215
202312 7.521 114.781 7.521

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.


Xingda International Holdings  (HKSE:01899) 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.


Xingda International Holdings Cyclically Adjusted PS Ratio Related Terms

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


Xingda International Holdings (HKSE:01899) Business Description

Traded in Other Exchanges
Address
Yunling Road (East), Lane 599, 6th Floor, No. 20, Putuo District, Shanghai, CHN, 200062
Xingda International Holdings Ltd is an investment holding company engaged in manufacturing and trading Radial tire cords, Bead wires, and other wires. Its products cover Rubber reinforcement materials and Precision sawing wires, such as Steel cord, Tyre bead wires, and High-pressure hose wire. The company derives key revenue from the sale of Radial tire cords for trucks. The majority of its revenue is earned in the PRC.
Executives
Liu Jinlan 2501 Other
Zhao Yue 2201 Interest of corporation controlled by you
Super Auspicious Inc. 2101 Beneficial owner
Always Blooming Holdings Limited 2201 Interest of corporation controlled by you
Wise Creative Limited 2101 Beneficial owner
Widen Success Holdings Limited 2501 Other
Liu Tao 2501 Other
In-plus Limited 2501 Other
Great Trade Limited 2501 Other
Hang Youming 2501 Other
Liu Xiang 2501 Other
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Qing Dao Jian Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you

Xingda International Holdings (HKSE:01899) Headlines

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