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Hong Leong Asia (SGX:H22) Cyclically Adjusted PS Ratio : 0.13 (As of May. 22, 2025)


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What is Hong Leong Asia Cyclically Adjusted PS Ratio?

As of today (2025-05-22), Hong Leong Asia's current share price is S$1.18. Hong Leong Asia's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was S$8.91. Hong Leong Asia's Cyclically Adjusted PS Ratio for today is 0.13.

The historical rank and industry rank for Hong Leong Asia's Cyclically Adjusted PS Ratio or its related term are showing as below:

SGX:H22' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.14
Current: 0.13

During the past 13 years, Hong Leong Asia's highest Cyclically Adjusted PS Ratio was 0.14. The lowest was 0.03. And the median was 0.07.

SGX:H22's Cyclically Adjusted PS Ratio is ranked better than
88.91% of 956 companies
in the Vehicles & Parts industry
Industry Median: 0.735 vs SGX:H22: 0.13

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.

Hong Leong Asia's adjusted revenue per share data of for the fiscal year that ended in Dec24 was S$5.681. 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 S$8.91 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hong Leong Asia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hong Leong Asia'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.

Hong Leong Asia Cyclically Adjusted PS Ratio Chart

Hong Leong Asia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.06 0.06 0.10

Hong Leong Asia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.06 - 0.06 - 0.10

Competitive Comparison of Hong Leong Asia's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Hong Leong Asia'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.


Hong Leong Asia's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Asia's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hong Leong Asia's Cyclically Adjusted PS Ratio falls into.


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Hong Leong Asia 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.

Hong Leong Asia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.18/8.91
=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.

Hong Leong Asia's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Hong Leong Asia's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=5.681/133.1571*133.1571
=5.681

Current CPI (Dec24) = 133.1571.

Hong Leong Asia Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 10.632 99.792 14.187
201612 9.962 101.863 13.023
201712 10.016 104.011 12.823
201812 8.614 105.998 10.821
201912 5.475 108.420 6.724
202012 6.012 109.897 7.284
202112 6.594 117.630 7.464
202212 5.189 125.222 5.518
202312 5.456 129.419 5.614
202412 5.681 133.157 5.681

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.


Hong Leong Asia  (SGX:H22) 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.


Hong Leong Asia Cyclically Adjusted PS Ratio Related Terms

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


Hong Leong Asia Business Description

Traded in Other Exchanges
Address
16 Raffles Quay, No. 26-00 Hong Leong Building, Singapore, SGP, 048581
Hong Leong Asia Ltd is the industrial manufacturing and distribution division of Hong Leong Group Singapore. It operates as the diversified industrial conglomerate in China and Southeast Asia. Its reportable segments are Diesel engines, Building materials, Rigid packaging and Air-conditioning systems. Geographically it derives key revenue from China.

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