GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sino Splendid Holdings Ltd (STU:HKM2) » Definitions » Cyclically Adjusted PS Ratio

Sino Splendid Holdings (STU:HKM2) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 16, 2024)


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

What is Sino Splendid Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Sino Splendid Holdings's current share price is €0.012. Sino Splendid Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €0.05. Sino Splendid Holdings's Cyclically Adjusted PS Ratio for today is 0.24.

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

STU:HKM2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.31   Max: 1.17
Current: 0.18

During the past years, Sino Splendid Holdings's highest Cyclically Adjusted PS Ratio was 1.17. The lowest was 0.13. And the median was 0.31.

STU:HKM2's Cyclically Adjusted PS Ratio is ranked better than
88.58% of 718 companies
in the Media - Diversified industry
Industry Median: 0.88 vs STU:HKM2: 0.18

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.

Sino Splendid Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.008. 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 €0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Splendid Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sino Splendid 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.

Sino Splendid Holdings Cyclically Adjusted PS Ratio Chart

Sino Splendid 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 0.41 0.26 0.26 0.16 0.19

Sino Splendid Holdings 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 0.16 0.20 0.17 0.17 0.19

Competitive Comparison of Sino Splendid Holdings's Cyclically Adjusted PS Ratio

For the Publishing subindustry, Sino Splendid 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.


Sino Splendid Holdings's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sino Splendid Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sino Splendid 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.

Sino Splendid Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.012/0.05
=0.24

* 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.

Sino Splendid Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sino Splendid Holdings'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)
=0.008/117.2957*117.2957
=0.008

Current CPI (Dec. 2023) = 117.2957.

Sino Splendid Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.013 95.749 0.016
201406 0.023 96.409 0.028
201409 0.030 97.948 0.036
201412 0.035 99.707 0.041
201503 0.020 99.927 0.023
201506 0.030 99.267 0.035
201509 0.024 99.927 0.028
201512 0.041 102.015 0.047
201603 0.039 102.785 0.045
201606 0.030 101.686 0.035
201609 0.032 102.565 0.037
201612 0.045 103.225 0.051
201703 0.026 103.335 0.030
201706 0.036 103.664 0.041
201709 0.028 103.994 0.032
201712 0.022 104.984 0.025
201803 0.017 105.973 0.019
201806 0.030 106.193 0.033
201809 0.022 106.852 0.024
201812 0.039 107.622 0.043
201903 0.029 108.172 0.031
201906 0.028 109.601 0.030
201909 0.021 110.260 0.022
201912 0.050 110.700 0.053
202003 0.016 110.920 0.017
202006 0.008 110.590 0.008
202009 0.007 107.512 0.008
202012 0.020 109.711 0.021
202103 0.014 111.579 0.015
202106 0.011 111.360 0.012
202109 0.015 109.051 0.016
202112 0.005 112.349 0.005
202203 0.018 113.558 0.019
202206 0.016 113.448 0.017
202209 0.016 113.778 0.016
202212 0.010 114.548 0.010
202303 0.008 115.427 0.008
202306 0.008 115.647 0.008
202309 0.011 116.087 0.011
202312 0.008 117.296 0.008

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.


Sino Splendid Holdings  (STU:HKM2) 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.


Sino Splendid Holdings Cyclically Adjusted PS Ratio Related Terms

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


Sino Splendid Holdings (STU:HKM2) Business Description

Traded in Other Exchanges
Address
18 Queen’s Road Central, New World Tower, Unit 2302, 23rd Floor, Sheung Wan, Hong Kong, HKG
Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities and money lending. The company operates in five segments namely travel media business; financial magazine business; securities investment; money lending; and virtual reality. It derives revenue from travel media business that provides advertising services through the internet and travel magazines, event organizing services, and magazine publication.

Sino Splendid Holdings (STU:HKM2) Headlines

No Headlines