Transport International Holdings (HKSE:00062) Cyclically Adjusted PS Ratio : 0.47 (As of Jun. 09, 2024)

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What is Transport International Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Transport International Holdings's current share price is HK$8.93. Transport International Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$18.86. Transport International Holdings's Cyclically Adjusted PS Ratio for today is 0.47.

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

HKSE:00062' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.81 Max: 1.2
Current: 0.47

During the past 13 years, Transport International Holdings's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.43. And the median was 0.81.

HKSE:00062's Cyclically Adjusted PS Ratio is ranked better than
68.25% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs HKSE:00062: 0.47

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.

Transport International Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$16.340. 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 HK$18.86 for the trailing ten years ended in Dec23.

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Transport International Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transport International 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.

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Transport International Holdings Cyclically Adjusted PS Ratio Chart

Transport International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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0.98

0.76

0.66

0.60

0.50

Transport International Holdings 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															0.66	-	0.60	-	0.50

Competitive Comparison of Transport International Holdings's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Transport International 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.

Transport International Holdings's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Transport International Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

Transport International 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.

Transport International Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	8.93	/	18.86
	=	0.47

Transport International Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Transport International Holdings'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)
	=	16.34	/	117.2957	*	117.2957
	=	16.340

Current CPI (Dec23) = 117.2957.

Transport International Holdings Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	18.721	99.707	22.023
201512	19.274	102.015	22.161
201612	19.038	103.225	21.633
201712	18.944	104.984	21.166
201812	18.724	107.622	20.407
201912	18.434	110.700	19.532
202012	13.683	109.711	14.629
202112	15.599	112.349	16.286
202212	14.050	114.548	14.387
202312	16.340	117.296	16.340

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.

Transport International Holdings (HKSE:00062) 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.

Transport International Holdings Cyclically Adjusted PS Ratio Related Terms

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Transport International Holdings (HKSE:00062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transport International Holdings Ltd (HKSE:00062) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

KWO:Germany

Address

9 Po Lun Street, 15th Floor, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.tih.hk

Transport International Holdings Ltd is a public transportation company domiciled in the People's Republic of China. The company's main segments include franchised bus operation and property holdings and development. The franchised bus operation segment, which generates the vast majority of revenue, provides franchised public bus services in Hong Kong. The property holdings and development segment develops and leases nonresidential properties for use as investment properties.

Executives

Hsbc International Trustee Limited	2301 Trustee
Sun Hung Kai Properties Limited
Hsbc Trustee (c.i.) Limited	2301 Trustee
Louey Lai Kuen William	2101 Beneficial owner
Ng Winnie	2101 Beneficial owner
Ng Siu Chan	2101 Beneficial owner

Transport International Holdings (HKSE:00062) Headlines

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