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China Demeter Financial Investments (HKSE:08120) Cyclically Adjusted PS Ratio : 0.13 (As of Jun. 07, 2024)


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What is China Demeter Financial Investments Cyclically Adjusted PS Ratio?

As of today (2024-06-07), China Demeter Financial Investments's current share price is HK$0.057. China Demeter Financial Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was HK$0.44. China Demeter Financial Investments's Cyclically Adjusted PS Ratio for today is 0.13.

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

HKSE:08120' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.38
Current: 0.12

During the past years, China Demeter Financial Investments's highest Cyclically Adjusted PS Ratio was 0.38. The lowest was 0.01. And the median was 0.04.

HKSE:08120's Cyclically Adjusted PS Ratio is ranked better than
93.12% of 247 companies
in the Restaurants industry
Industry Median: 0.76 vs HKSE:08120: 0.12

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 Demeter Financial Investments's adjusted revenue per share data for the three months ended in Dec. 2023 was HK$0.048. 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$0.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Demeter Financial Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Demeter Financial Investments'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 Demeter Financial Investments Cyclically Adjusted PS Ratio Chart

China Demeter Financial Investments 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 0.01 0.01 0.03 0.13 0.32

China Demeter Financial Investments 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 0.13 0.15 0.25 0.27 0.32

Competitive Comparison of China Demeter Financial Investments's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, China Demeter Financial Investments'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 Demeter Financial Investments's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, China Demeter Financial Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Demeter Financial Investments's Cyclically Adjusted PS Ratio falls into.



China Demeter Financial Investments 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 Demeter Financial Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.057/0.44
=0.13

* 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 Demeter Financial Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, China Demeter Financial Investments'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)
=0.048/117.2957*117.2957
=0.048

Current CPI (Dec. 2023) = 117.2957.

China Demeter Financial Investments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.100 95.749 0.123
201406 0.124 96.409 0.151
201409 0.139 97.948 0.166
201412 0.130 99.707 0.153
201503 0.143 99.927 0.168
201506 0.194 99.267 0.229
201509 0.228 99.927 0.268
201512 0.213 102.015 0.245
201603 0.098 102.785 0.112
201606 0.038 101.686 0.044
201609 0.082 102.565 0.094
201612 0.098 103.225 0.111
201703 0.091 103.335 0.103
201706 0.077 103.664 0.087
201709 0.069 103.994 0.078
201712 0.025 104.984 0.028
201803 0.061 105.973 0.068
201806 0.065 106.193 0.072
201809 0.074 106.852 0.081
201812 0.113 107.622 0.123
201903 0.071 108.172 0.077
201906 0.081 109.601 0.087
201909 0.088 110.260 0.094
201912 0.150 110.700 0.159
202003 0.090 110.920 0.095
202006 0.148 110.590 0.157
202009 0.132 107.512 0.144
202012 0.181 109.711 0.194
202103 0.129 111.579 0.136
202106 0.167 111.360 0.176
202109 0.087 109.051 0.094
202112 0.078 112.349 0.081
202203 0.036 113.558 0.037
202206 0.061 113.448 0.063
202209 0.066 113.778 0.068
202212 0.054 114.548 0.055
202303 0.052 115.427 0.053
202306 0.053 115.647 0.054
202309 0.055 116.087 0.056
202312 0.048 117.296 0.048

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 Demeter Financial Investments  (HKSE:08120) 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 Demeter Financial Investments Cyclically Adjusted PS Ratio Related Terms

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


China Demeter Financial Investments (HKSE:08120) Business Description

Traded in Other Exchanges
N/A
Address
No. 95 Queensway, Office A01, 35th Floor, United Centre, Admiralty, Hong Kong, HKG
China Demeter Financial Investments Ltd is an investment holding company. Its operating segments of the company are Money Lending, Financial Services, Securities Investment, Food and Beverage, Alcoholic Beverage Distribution, and Children's Education Services. It generates maximum revenue from the Food and beverage segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Trinity Worldwide Capital Holding Limited
Ng Ting Kit

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