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Tsui Wah Holdings (HKSE:01314) Cyclically Adjusted Revenue per Share : HK$1.15 (As of Sep. 2023)


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What is Tsui Wah Holdings Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Tsui Wah Holdings's adjusted revenue per share data for the fiscal year that ended in Mar. 2023 was HK$0.613. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is HK$1.15 for the trailing ten years ended in Mar. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-20), Tsui Wah Holdings's current stock price is HK$ 0.203. Tsui Wah Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2023 was HK$1.15. Tsui Wah Holdings's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Tsui Wah Holdings was 0.28. The lowest was 0.15. And the median was 0.19.


Tsui Wah Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tsui Wah Holdings's Cyclically Adjusted Revenue per Share 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.

Tsui Wah Holdings Cyclically Adjusted Revenue per Share Chart

Tsui Wah Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.19 1.19 1.15

Tsui Wah Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted Revenue per Share 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 - 1.19 - 1.15 -

Competitive Comparison of Tsui Wah Holdings's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, Tsui 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.


Tsui Wah Holdings's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tsui Wah Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tsui Wah Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Tsui Wah Holdings's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.613/115.4269*115.4269
=0.613

Current CPI (Mar. 2023) = 115.4269.

Tsui Wah Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.025 95.749 1.236
201503 1.265 99.927 1.461
201603 1.321 102.785 1.483
201703 1.308 103.335 1.461
201803 1.304 105.973 1.420
201903 1.266 108.172 1.351
202003 0.979 110.920 1.019
202103 0.678 111.579 0.701
202203 0.721 113.558 0.733
202303 0.613 115.427 0.613

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Tsui Wah Holdings  (HKSE:01314) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Tsui Wah Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.203/1.15
=0.18

* 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.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Tsui Wah Holdings was 0.28. The lowest was 0.15. And the median was 0.19.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Tsui Wah Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Tsui Wah Holdings (HKSE:01314) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1–7 Shing Chuen Road,, Unit A, 3 Floor Sunking Industry Building,, Tai Wai, Sha Tin New Territories, Hong Kong, HKG
Tsui Wah Holdings Ltd is an investment holding company. It is principally engaged in the provision of food catering services through restaurants in Hong Kong, the People's Republic of China, Macau, and Singapore. geographically the majority of its revenue comes from Mainland China.
Executives
Cheung Yu To 2103 Interests held jointly with another person
Ho Ting Chi 2103 Interests held jointly with another person
Chan Choi Fung 2202 Interest of your spouse
Lee Yuen Hong 2103 Interests held jointly with another person
Cheung Wai Keung 2103 Interests held jointly with another person
Cheung Yue Pui 2103 Interests held jointly with another person
Lam Hiu Man 2202 Interest of your spouse
Lui Ning 2202 Interest of your spouse
Tai Ngan Har Talia 2202 Interest of your spouse
Woo Chun Li 2202 Interest of your spouse

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