GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Man Wah Holdings Ltd (OTCPK:MAWHY) » Definitions » Cyclically Adjusted PS Ratio

MAWHY (Man Wah Holdings) Cyclically Adjusted PS Ratio : 1.34 (As of Dec. 14, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Man Wah Holdings Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Man Wah Holdings's current share price is $12.39. Man Wah Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was $9.24. Man Wah Holdings's Cyclically Adjusted PS Ratio for today is 1.34.

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

MAWHY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 3.57   Max: 10.19
Current: 1.42

During the past 13 years, Man Wah Holdings's highest Cyclically Adjusted PS Ratio was 10.19. The lowest was 1.19. And the median was 3.57.

MAWHY's Cyclically Adjusted PS Ratio is ranked worse than
66.67% of 285 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.91 vs MAWHY: 1.42

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.

Man Wah Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar24 was $12.078. 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 $9.24 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Man Wah Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Man Wah 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.

Man Wah Holdings Cyclically Adjusted PS Ratio Chart

Man Wah 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 2.02 6.68 3.01 2.04 1.57

Man Wah Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 2.04 - 1.57 -

Competitive Comparison of Man Wah Holdings's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Man Wah 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.

Man Wah Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.39/9.24
=1.34

* 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.

Man Wah Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Man Wah Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=12.078/117.7354*117.7354
=12.078

Current CPI (Mar24) = 117.7354.

Man Wah Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 4.259 99.927 5.018
201603 4.821 102.785 5.522
201703 5.198 103.335 5.922
201803 6.667 105.973 7.407
201903 7.488 108.172 8.150
202003 8.187 110.920 8.690
202103 11.019 111.579 11.627
202203 13.883 113.558 14.394
202303 11.262 115.427 11.487
202403 12.078 117.735 12.078

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.


Man Wah Holdings  (OTCPK:MAWHY) 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.


Man Wah Holdings Cyclically Adjusted PS Ratio Related Terms

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


Man Wah Holdings Business Description

Traded in Other Exchanges
Address
10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.

Man Wah Holdings Headlines