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China Brilliant Global (HKSE:08026) Cyclically Adjusted PS Ratio : 6.70 (As of Jun. 14, 2024)


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What is China Brilliant Global Cyclically Adjusted PS Ratio?

As of today (2024-06-14), China Brilliant Global's current share price is HK$0.335. China Brilliant Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was HK$0.05. China Brilliant Global's Cyclically Adjusted PS Ratio for today is 6.70.

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

HKSE:08026' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 6.13   Max: 14
Current: 6.86

During the past years, China Brilliant Global's highest Cyclically Adjusted PS Ratio was 14.00. The lowest was 2.63. And the median was 6.13.

HKSE:08026's Cyclically Adjusted PS Ratio is ranked worse than
97.79% of 769 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs HKSE:08026: 6.86

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.

China Brilliant Global's adjusted revenue per share data for the three months ended in Sep. 2023 was HK$0.011. 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$0.05 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Brilliant Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Brilliant Global'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.

China Brilliant Global Cyclically Adjusted PS Ratio Chart

China Brilliant Global Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.22 10.83 10.95 7.01 6.32

China Brilliant Global Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.03 4.42 6.32 12.89 11.11

Competitive Comparison of China Brilliant Global's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, China Brilliant Global'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.


China Brilliant Global's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Brilliant Global's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Brilliant Global's Cyclically Adjusted PS Ratio falls into.



China Brilliant Global 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.

China Brilliant Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.335/0.05
=6.70

* 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.

China Brilliant Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, China Brilliant Global's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.011/116.0865*116.0865
=0.011

Current CPI (Sep. 2023) = 116.0865.

China Brilliant Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.006 95.090 0.007
201403 0.004 95.749 0.005
201406 0.003 96.409 0.004
201409 0.004 97.948 0.005
201412 0.004 99.707 0.005
201503 0.002 99.927 0.002
201506 0.003 99.267 0.004
201509 0.002 99.927 0.002
201512 0.003 102.015 0.003
201603 0.003 102.785 0.003
201606 0.004 101.686 0.005
201609 0.004 102.565 0.005
201612 0.007 103.225 0.008
201703 0.011 103.335 0.012
201706 0.013 103.664 0.015
201709 0.006 103.994 0.007
201712 0.007 104.984 0.008
201803 0.027 105.973 0.030
201806 0.018 106.193 0.020
201809 0.018 106.852 0.020
201812 0.013 107.622 0.014
201903 0.014 108.172 0.015
201906 0.015 109.601 0.016
201909 0.017 110.260 0.018
201912 0.025 110.700 0.026
202003 0.013 110.920 0.014
202006 0.017 110.590 0.018
202009 0.007 107.512 0.008
202012 0.009 109.711 0.010
202103 0.009 111.579 0.009
202106 0.004 111.360 0.004
202109 0.009 109.051 0.010
202112 0.013 112.349 0.013
202203 0.027 113.558 0.028
202206 0.013 113.448 0.013
202209 0.017 113.778 0.017
202212 0.014 114.548 0.014
202303 0.020 115.427 0.020
202306 0.014 115.647 0.014
202309 0.011 116.087 0.011

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.


China Brilliant Global  (HKSE:08026) 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.


China Brilliant Global Cyclically Adjusted PS Ratio Related Terms

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


China Brilliant Global (HKSE:08026) Business Description

Traded in Other Exchanges
N/A
Address
9 Des Voeux Road West, Flat B, 9th Floor, Sheung Wan, Hong Kong, HKG
China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending and distribution and retailing of Chinese herbal medicine and drugs. The company operates its business through three segments are Trading and retailing of gold and jewellery segment; Lending business, and the Fintech business segment. The Trading and retailing of gold and jewellery contribute maximum in the revenue of the company. The group's operations are mainly located in the PRC and Hong Kong, of which prime revenue is generated from the PRC.
Executives
Zhang Chunhua 2101 Beneficial owner
Brilliant Chapter Limited 2101 Beneficial owner
Zhang Chunping 2101 Beneficial owner

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