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HTCO (High-Trend International Group) Cyclically Adjusted PS Ratio : (As of May. 13, 2025)


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What is High-Trend International Group Cyclically Adjusted PS Ratio?

High-Trend International Group does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

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High-Trend International Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for High-Trend International Group'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.

High-Trend International Group Cyclically Adjusted PS Ratio Chart

High-Trend International Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PS Ratio
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High-Trend International Group Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of High-Trend International Group's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, High-Trend International Group'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.


High-Trend International Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, High-Trend International Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where High-Trend International Group's Cyclically Adjusted PS Ratio falls into.


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High-Trend International Group 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.

High-Trend International Group does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


High-Trend International Group  (NAS:HTCO) 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.


High-Trend International Group Cyclically Adjusted PS Ratio Related Terms

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High-Trend International Group Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 06-17, Paya Lebar Square, Hong Kong, SGP, 409051
High-Trend International Group formerly Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company derives freight revenue from voyage contracts and provides vessel service. Majority of revenue is from providing shipping services for customers in Asia, principally in Singapore, Dubai, Korea, Japan, and India.