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HG Semiconductor (HKSE:06908) Cyclically Adjusted PS Ratio : 1.21 (As of May. 31, 2025)


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What is HG Semiconductor Cyclically Adjusted PS Ratio?

As of today (2025-05-31), HG Semiconductor's current share price is HK$0.46. HG Semiconductor's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was HK$0.38. HG Semiconductor's Cyclically Adjusted PS Ratio for today is 1.21.

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

HKSE:06908' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.26   Max: 3.75
Current: 1.24

During the past 11 years, HG Semiconductor's highest Cyclically Adjusted PS Ratio was 3.75. The lowest was 0.64. And the median was 1.26.

HKSE:06908's Cyclically Adjusted PS Ratio is ranked better than
62.48% of 685 companies
in the Semiconductors industry
Industry Median: 1.89 vs HKSE:06908: 1.24

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.

HG Semiconductor's adjusted revenue per share data of for the fiscal year that ended in Dec24 was HK$0.101. 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$0.38 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


HG Semiconductor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HG Semiconductor'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.

HG Semiconductor Cyclically Adjusted PS Ratio Chart

HG Semiconductor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.41 1.76

HG Semiconductor Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - 1.41 - 1.76

Competitive Comparison of HG Semiconductor's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, HG Semiconductor'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.


HG Semiconductor's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, HG Semiconductor's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HG Semiconductor's Cyclically Adjusted PS Ratio falls into.


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HG Semiconductor 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.

HG Semiconductor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.46/0.38
=1.21

* 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.

HG Semiconductor's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, HG Semiconductor's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.101/114.8925*114.8925
=0.101

Current CPI (Dec24) = 114.8925.

HG Semiconductor Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.457 100.600 0.522
201612 0.509 102.600 0.570
201712 0.332 104.500 0.365
201812 0.555 106.500 0.599
201912 0.650 111.200 0.672
202012 0.347 111.500 0.358
202112 0.306 113.108 0.311
202212 0.165 115.116 0.165
202312 0.143 114.781 0.143
202412 0.101 114.893 0.101

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.


HG Semiconductor  (HKSE:06908) 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.


HG Semiconductor Cyclically Adjusted PS Ratio Related Terms

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


HG Semiconductor Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN
HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.
Executives
Wide Yield Investment Holding Limited 2101 Beneficial owner
Qin Anqi 2201 Interest of corporation controlled by you
Zhan Haisu 2201 Interest of corporation controlled by you
Jovial Star International Limited 2101 Beneficial owner
Zhuang Chan Ling 2202 Interest of your spouse
Zhao Yi Wen 2201 Interest of corporation controlled by you
First Global Limited 2101 Beneficial owner
Qin Xiaolu 2101 Beneficial owner
Profit Times International Limited 2201 Interest of corporation controlled by you
Zhu Gongshan 2201 Interest of corporation controlled by you
Profit Act Limited 2101 Beneficial owner
Chiu Kwok Hung Justin 2101 Beneficial owner
Chiu Kwai San 2201 Interest of corporation controlled by you
Wong Ching Ming 2202 Interest of your spouse
Bigfair Enterprises Limited 2101 Beneficial owner

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