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Swire Pacific (Swire Pacific) Cyclically Adjusted PS Ratio : 0.84 (As of Apr. 28, 2024)


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What is Swire Pacific Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Swire Pacific's current share price is $8.29. Swire Pacific's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $9.82. Swire Pacific's Cyclically Adjusted PS Ratio for today is 0.84.

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

SWRAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 2.34   Max: 5.71
Current: 0.84

During the past 13 years, Swire Pacific's highest Cyclically Adjusted PS Ratio was 5.71. The lowest was 0.44. And the median was 2.34.

SWRAY's Cyclically Adjusted PS Ratio is ranked worse than
53.29% of 441 companies
in the Conglomerates industry
Industry Median: 0.74 vs SWRAY: 0.84

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.

Swire Pacific's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $1.680. 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 $9.82 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swire Pacific Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Swire Pacific'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.

Swire Pacific Cyclically Adjusted PS Ratio Chart

Swire Pacific 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 0.91 0.56 0.56 0.88 0.86

Swire Pacific Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.56 - 0.88 - 0.86

Competitive Comparison of Swire Pacific's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Swire Pacific'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.


Swire Pacific's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Swire Pacific's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Swire Pacific's Cyclically Adjusted PS Ratio falls into.



Swire Pacific 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.

Swire Pacific's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.29/9.82
=0.84

* 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.

Swire Pacific's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Swire Pacific's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.68/117.2957*117.2957
=1.680

Current CPI (Dec23) = 117.2957.

Swire Pacific Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.254 99.707 6.181
201512 5.221 102.015 6.003
201612 5.346 103.225 6.075
201712 6.836 104.984 7.638
201812 59.766 107.622 65.138
201912 1.462 110.700 1.549
202012 1.346 109.711 1.439
202112 1.558 112.349 1.627
202212 1.567 114.548 1.605
202312 1.680 117.296 1.680

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.


Swire Pacific  (OTCPK:SWRAY) 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.


Swire Pacific Cyclically Adjusted PS Ratio Related Terms

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


Swire Pacific (Swire Pacific) Business Description

Address
88 Queensway, GPO Box 1, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Pacific is a Hong Kong-based conglomerate with interests in property, aviation, beverage, trading, and industrials. The property division, an 82% stake in Swire Properties, contributes more than half of the group's operating profit. The beverage division is one of two Coca-Cola bottlers in mainland China and also a bottler in Hong Kong, Taiwan, Vietnam, and Cambodia. The aviation division consists of Haeco, an aircraft engineering company, and a 45% stake in Cathay Pacific. As of end June 2023, John Swire & Sons, the parent company, holds a 60% stake in Swire Pacific but has 68% of the voting rights through a dual-class share structure.

Swire Pacific (Swire Pacific) Headlines

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