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China Fortune Investments (Holding) (STU:NLY5) Cyclically Adjusted PS Ratio : (As of Jun. 20, 2024)


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What is China Fortune Investments (Holding) Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Fortune Investments (Holding) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for China Fortune Investments (Holding)'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.

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China Fortune Investments (Holding) Cyclically Adjusted PS Ratio Chart

China Fortune Investments (Holding) Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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China Fortune Investments (Holding) Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of China Fortune Investments (Holding)'s Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, China Fortune Investments (Holding)'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.


China Fortune Investments (Holding)'s Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Fortune Investments (Holding)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Fortune Investments (Holding)'s Cyclically Adjusted PS Ratio falls into.



China Fortune Investments (Holding) 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.

China Fortune Investments (Holding)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, China Fortune Investments (Holding)'s adjusted Revenue per Share data for the three months ended in Jun. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0/111.3595*111.3595
=0.000

Current CPI (Jun. 2021) = 111.3595.

China Fortune Investments (Holding) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201109 0.001 84.646 0.001
201112 -0.025 87.944 -0.032
201203 0.000 88.934 0.000
201206 0.017 89.373 0.021
201209 0.016 87.834 0.020
201212 0.005 91.132 0.006
201303 0.015 92.122 0.018
201306 0.010 93.001 0.012
201309 0.006 91.902 0.007
201312 0.007 95.090 0.008
201403 0.005 95.749 0.006
201406 0.003 96.409 0.003
201409 0.003 97.948 0.003
201412 0.003 99.707 0.003
201503 0.002 99.927 0.002
201506 0.001 99.267 0.001
201509 0.002 99.927 0.002
201512 -0.005 102.015 -0.005
201603 0.002 102.785 0.002
201606 0.002 101.686 0.002
201609 0.002 102.565 0.002
201612 0.002 103.225 0.002
201703 0.002 103.335 0.002
201706 0.003 103.664 0.003
201709 0.002 103.994 0.002
201712 0.002 104.984 0.002
201803 0.001 105.973 0.001
201806 0.003 106.193 0.003
201809 0.002 106.852 0.002
201812 0.003 107.622 0.003
201903 0.001 108.172 0.001
201906 0.000 109.601 0.000
201909 0.000 110.260 0.000
201912 0.001 110.700 0.001
202003 0.000 110.920 0.000
202006 0.000 110.590 0.000
202009 0.000 107.512 0.000
202012 0.000 109.711 0.000
202103 0.000 111.579 0.000
202106 0.000 111.360 0.000

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.


China Fortune Investments (Holding)  (STU:NLY5) 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.


China Fortune Investments (Holding) Cyclically Adjusted PS Ratio Related Terms

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China Fortune Investments (Holding) (STU:NLY5) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Shops 212-213, 2nd Floor, Shun tak Centre, Sheung Wan, Hong Kong, HKG
China Fortune Investments (Holding) Ltd is an investment holding company, engages in the wholesale and retail of wines and cigars and golf products in Hong Kong. The company offers red wines, white wines, champagnes, whiskeys and other liquors and spirits; and golf-related products, such as golf clubs, balls, shoes, gloves, clothing and other accessories of various brands. It operates through the following segments: Sale of Wine and Cigar; Sale of Golf Products; Sale of Watch and Jewellery; Provision of Money Lending Services, and Others. The firm's Wine and Cigar segment generate major revenue for the firm.

China Fortune Investments (Holding) (STU:NLY5) Headlines

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