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Logan Property Holdings Co (HKSE:03380) Cyclically Adjusted PS Ratio : 0.08 (As of Jun. 25, 2024)


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What is Logan Property Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Logan Property Holdings Co's current share price is HK$0.75. Logan Property Holdings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$9.16. Logan Property Holdings Co's Cyclically Adjusted PS Ratio for today is 0.08.

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

HKSE:03380' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.1   Max: 0.85
Current: 0.08

During the past 12 years, Logan Property Holdings Co's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.04. And the median was 0.10.

HKSE:03380's Cyclically Adjusted PS Ratio is ranked better than
94.82% of 1371 companies
in the Real Estate industry
Industry Median: 1.73 vs HKSE:03380: 0.08

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.

Logan Property Holdings Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$9.334. 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$9.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logan Property Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Logan Property Holdings 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.

Logan Property Holdings Co Cyclically Adjusted PS Ratio Chart

Logan Property Holdings 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 - - 0.76 0.14 0.07

Logan Property Holdings Co 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 0.76 - 0.14 - 0.07

Competitive Comparison of Logan Property Holdings Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Logan Property Holdings 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.


Logan Property Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Logan Property Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Logan Property Holdings Co's Cyclically Adjusted PS Ratio falls into.



Logan Property Holdings 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.

Logan Property Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.75/9.16
=0.08

* 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.

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

For example, Logan Property Holdings 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)
=9.334/114.7809*114.7809
=9.334

Current CPI (Dec23) = 114.7809.

Logan Property Holdings Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.132 99.000 3.631
201512 3.459 100.600 3.947
201612 4.147 102.600 4.639
201712 5.888 104.500 6.467
201812 8.992 106.500 9.691
201912 11.486 111.200 11.856
202012 15.238 111.500 15.686
202112 17.700 113.108 17.962
202212 8.409 115.116 8.385
202312 9.334 114.781 9.334

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.


Logan Property Holdings Co  (HKSE:03380) 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.


Logan Property Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Logan Property Holdings Co (HKSE:03380) Business Description

Traded in Other Exchanges
Address
Xinghua Road South, Room 2002, Tower B, Logan Century Center, Bao'An District, Shenzen, CHN
Logan Property Holdings is a general real estate investment company. The company operates multiple segments, including property development, Property operation, Development Management, and Urban redevelopment along with Property operation segment The vast majority of revenue is generated by its property development segment, followed by development management. The development business is focused on the development of residential properties and retail shops, while its management operations are focused on office properties and residential buildings. Logan generates all of its revenue in Mainland China.
Executives
Kei Perenna Hoi Ting 2201 Interest of corporation controlled by you
Junxi Investments Limited 2101 Beneficial owner
Kei Family United Limited 2201 Interest of corporation controlled by you
Credit Suisse Trust Limited 2301 Trustee
Dragon Jubilee Investments Limited 2101 Beneficial owner
Kei Hoi Pang 2501 Other

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