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A-Living Smart City Services Co (HKSE:03319) Cyclically Adjusted PS Ratio : 0.61 (As of May. 23, 2024)


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What is A-Living Smart City Services Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), A-Living Smart City Services Co's current share price is HK$3.58. A-Living Smart City Services Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$5.87. A-Living Smart City Services Co's Cyclically Adjusted PS Ratio for today is 0.61.

The historical rank and industry rank for A-Living Smart City Services Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:03319' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.56   Max: 0.68
Current: 0.64

During the past 10 years, A-Living Smart City Services Co's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.42. And the median was 0.56.

HKSE:03319's Cyclically Adjusted PS Ratio is ranked better than
72.84% of 1366 companies
in the Real Estate industry
Industry Median: 1.75 vs HKSE:03319: 0.64

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.

A-Living Smart City Services Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$11.896. 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$5.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


A-Living Smart City Services Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for A-Living Smart City Services Co'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.

A-Living Smart City Services Co Cyclically Adjusted PS Ratio Chart

A-Living Smart City Services Co 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 - - - - 0.61

A-Living Smart City Services Co Semi-Annual Data
Dec14 Dec15 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 - - - - 0.61

Competitive Comparison of A-Living Smart City Services Co's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, A-Living Smart City Services Co'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.


A-Living Smart City Services Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A-Living Smart City Services Co's Cyclically Adjusted PS Ratio falls into.



A-Living Smart City Services Co 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.

A-Living Smart City Services Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.58/5.87
=0.61

* 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.

A-Living Smart City Services Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, A-Living Smart City Services Co'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)
=11.896/114.7809*114.7809
=11.896

Current CPI (Dec23) = 114.7809.

A-Living Smart City Services Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.776 99.000 0.900
201512 0.842 100.600 0.961
201612 1.047 102.600 1.171
201712 2.086 104.500 2.291
201812 2.958 106.500 3.188
201912 4.279 111.200 4.417
202012 8.914 111.500 9.176
202112 12.462 113.108 12.646
202212 12.094 115.116 12.059
202312 11.896 114.781 11.896

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.


A-Living Smart City Services Co  (HKSE:03319) 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.


A-Living Smart City Services Co Cyclically Adjusted PS Ratio Related Terms

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A-Living Smart City Services Co (HKSE:03319) Business Description

Traded in Other Exchanges
Address
26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623
A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.

A-Living Smart City Services Co (HKSE:03319) Headlines

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