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Glory Flame Holdings (HKSE:08059) Cyclically Adjusted PS Ratio : 0.09 (As of Jun. 08, 2024)


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What is Glory Flame Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Glory Flame Holdings's current share price is HK$0.014. Glory Flame Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was HK$0.15. Glory Flame Holdings's Cyclically Adjusted PS Ratio for today is 0.09.

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

HKSE:08059' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.11   Max: 0.17
Current: 0.09

During the past years, Glory Flame Holdings's highest Cyclically Adjusted PS Ratio was 0.17. The lowest was 0.08. And the median was 0.11.

HKSE:08059's Cyclically Adjusted PS Ratio is ranked better than
93.39% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs HKSE:08059: 0.09

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.

Glory Flame Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was HK$0.025. 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$0.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glory Flame Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Glory Flame 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.

Glory Flame Holdings Cyclically Adjusted PS Ratio Chart

Glory Flame 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 - - - - 0.16

Glory Flame Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - 0.11 0.15 0.16

Competitive Comparison of Glory Flame Holdings's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Glory Flame 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.


Glory Flame Holdings's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Glory Flame Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Glory Flame 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.

Glory Flame Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.014/0.15
=0.09

* 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.

Glory Flame Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Glory Flame Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.025/117.2957*117.2957
=0.025

Current CPI (Dec. 2023) = 117.2957.

Glory Flame Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.041 95.749 0.050
201406 0.049 96.409 0.060
201409 0.025 97.948 0.030
201412 0.036 99.707 0.042
201503 0.029 99.927 0.034
201506 0.042 99.267 0.050
201509 0.038 99.927 0.045
201512 0.037 102.015 0.043
201603 0.045 102.785 0.051
201606 0.056 101.686 0.065
201609 0.045 102.565 0.051
201612 0.043 103.225 0.049
201703 0.020 103.335 0.023
201706 0.059 103.664 0.067
201709 0.042 103.994 0.047
201712 0.093 104.984 0.104
201803 0.037 105.973 0.041
201806 0.045 106.193 0.050
201809 0.036 106.852 0.040
201812 0.019 107.622 0.021
201903 0.018 108.172 0.020
201906 0.024 109.601 0.026
201909 0.028 110.260 0.030
201912 0.023 110.700 0.024
202003 0.014 110.920 0.015
202006 0.019 110.590 0.020
202009 0.021 107.512 0.023
202012 0.026 109.711 0.028
202103 0.020 111.579 0.021
202106 0.032 111.360 0.034
202109 0.024 109.051 0.026
202112 0.022 112.349 0.023
202203 0.016 113.558 0.017
202206 0.030 113.448 0.031
202209 0.034 113.778 0.035
202212 0.037 114.548 0.038
202303 0.024 115.427 0.024
202306 0.032 115.647 0.032
202309 0.026 116.087 0.026
202312 0.025 117.296 0.025

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.


Glory Flame Holdings  (HKSE:08059) 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.


Glory Flame Holdings Cyclically Adjusted PS Ratio Related Terms

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


Glory Flame Holdings (HKSE:08059) Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Suite 821, 8th Floor, Ocean Centre, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Glory Flame Holdings Ltd is an investment holding company. The group mainly engages in the provision of concrete demolition services and manufacturing and trading of prefabricated construction components The geographical segments of the group are Hong Kong and the PRC.
Executives
Zhou Jin 2101 Beneficial owner
Zhu Zhou 2101 Beneficial owner
Huang Cheng 2101 Beneficial owner
Du Hao 2101 Beneficial owner

Glory Flame Holdings (HKSE:08059) Headlines

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