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Kingboard Laminates Holdings (Kingboard Laminates Holdings) Cyclically Adjusted PS Ratio : 0.72 (As of Jun. 09, 2024)


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What is Kingboard Laminates Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Kingboard Laminates Holdings's current share price is $15.22. Kingboard Laminates Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $21.05. Kingboard Laminates Holdings's Cyclically Adjusted PS Ratio for today is 0.72.

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

KGBLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.5   Max: 3.53
Current: 1.25

During the past 13 years, Kingboard Laminates Holdings's highest Cyclically Adjusted PS Ratio was 3.53. The lowest was 0.66. And the median was 1.50.

KGBLY's Cyclically Adjusted PS Ratio is ranked worse than
55.46% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs KGBLY: 1.25

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.

Kingboard Laminates Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $17.186. 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 $21.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingboard Laminates Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kingboard Laminates 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.

Kingboard Laminates Holdings Cyclically Adjusted PS Ratio Chart

Kingboard Laminates 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 1.74 2.31 2.21 1.36 1.04

Kingboard Laminates Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.21 - 1.36 - 1.04

Competitive Comparison of Kingboard Laminates Holdings's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Kingboard Laminates 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.


Kingboard Laminates Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Kingboard Laminates 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.

Kingboard Laminates Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.22/21.05
=0.72

* 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.

Kingboard Laminates Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Kingboard Laminates Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=17.186/117.2957*117.2957
=17.186

Current CPI (Dec23) = 117.2957.

Kingboard Laminates Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 14.275 99.707 16.793
201512 13.730 102.015 15.787
201612 16.682 103.225 18.956
201712 19.101 104.984 21.341
201812 21.424 107.622 23.350
201912 19.114 110.700 20.253
202012 18.041 109.711 19.288
202112 29.589 112.349 30.892
202212 23.017 114.548 23.569
202312 17.186 117.296 17.186

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.


Kingboard Laminates Holdings  (OTCPK:KGBLY) 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.


Kingboard Laminates Holdings Cyclically Adjusted PS Ratio Related Terms

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Kingboard Laminates Holdings (Kingboard Laminates Holdings) Business Description

Traded in Other Exchanges
Address
3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T., Hong Kong, HKG
Kingboard Laminates Holdings Ltd is an electronic materials manufacturer engaged in the production of laminates. The group is organized into three reportable segments that are the manufacturing and sale of laminates, properties, and investments. The laminate segment contributes to the majority of the revenue. The company's products include Glass Epoxy Laminates, Paper Laminates, Upstream Materials, and others. The company operates in China, Asian countries, Europe, and America, out of which China accounts for the majority of the revenue.

Kingboard Laminates Holdings (Kingboard Laminates Holdings) Headlines

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