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ITE (Holdings) (HKSE:08092) Cyclically Adjusted PS Ratio : (As of Jun. 03, 2025)


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What is ITE (Holdings) Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ITE (Holdings) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ITE (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.

ITE (Holdings) Cyclically Adjusted PS Ratio Chart

ITE (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 1.30 0.94 0.86 0.67

ITE (Holdings) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.81 0.66 0.78 0.67 -

Competitive Comparison of ITE (Holdings)'s Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, ITE (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.


ITE (Holdings)'s Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ITE (Holdings)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ITE (Holdings)'s Cyclically Adjusted PS Ratio falls into.


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ITE (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.

ITE (Holdings)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, ITE (Holdings)'s adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0/118.6149*118.6149
=0.000

Current CPI (Sep. 2024) = 118.6149.

ITE (Holdings) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.007 97.948 0.008
201412 0.010 99.707 0.012
201503 0.008 99.927 0.009
201506 0.006 99.267 0.007
201509 0.006 99.927 0.007
201512 0.009 102.015 0.010
201603 0.006 102.785 0.007
201606 0.005 101.686 0.006
201609 0.006 102.565 0.007
201612 0.005 103.225 0.006
201703 0.008 103.335 0.009
201706 0.006 103.664 0.007
201709 0.006 103.994 0.007
201712 0.005 104.984 0.006
201803 0.008 105.973 0.009
201806 0.006 106.193 0.007
201809 0.005 106.852 0.006
201812 0.005 107.622 0.006
201903 0.011 108.172 0.012
201906 0.011 109.601 0.012
201909 0.012 110.260 0.013
201912 0.012 110.700 0.013
202003 0.012 110.920 0.013
202006 0.013 110.590 0.014
202009 0.012 107.512 0.013
202012 0.013 109.711 0.014
202103 0.015 111.579 0.016
202106 0.012 111.360 0.013
202109 0.010 109.051 0.011
202112 0.007 112.349 0.007
202203 0.006 113.558 0.006
202206 0.004 113.448 0.004
202209 0.004 113.778 0.004
202212 0.004 114.548 0.004
202303 0.004 115.427 0.004
202306 0.004 115.647 0.004
202309 0.004 116.087 0.004
202312 0.003 117.296 0.003
202403 0.003 117.735 0.003
202409 0.000 118.615 0.000

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.


ITE (Holdings)  (HKSE:08092) 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.


ITE (Holdings) Cyclically Adjusted PS Ratio Related Terms

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


ITE (Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
478 Castle Peak Road, Units D, 1st Floor, Por Yen Building, Kowloon, Hong Kong, HKG
ITE (Holdings) Ltd is an investment holding company. It is a smartcard and radio frequency identification (RFID) service provider and system integrator in Hong Kong. Geographically, the company derives a majority of its revenue from Hong Kong and also has a presence in Macao. The company provides solutions that include Smart city information services, E-payments, Identification, Access control, Time attendance, and many more. The company conducts its business within one business segment smartcard systems, RFID, IT services, and related services.
Executives
Cheng Kwok Hung 2101 Beneficial owner
Lau Hon Kwong Vincent 2101 Beneficial owner

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