Chowngng Holdings International (HKSE:00116) Cyclically Adjusted PS Ratio : 0.25 (As of Jun. 03, 2024)

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What is Chowngng Holdings International Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Chowngng Holdings International's current share price is HK$7.65. Chowngng Holdings International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$30.38. Chowngng Holdings International's Cyclically Adjusted PS Ratio for today is 0.25.

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

HKSE:00116' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.46 Max: 1.4
Current: 0.27

During the past 13 years, Chowngng Holdings International's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.24. And the median was 0.46.

HKSE:00116's Cyclically Adjusted PS Ratio is ranked better than
68.63% of 765 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs HKSE:00116: 0.27

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.

Chowngng Holdings International's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$36.924. 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$30.38 for the trailing ten years ended in Dec23.

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Chowngng Holdings International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chowngng Holdings International'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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Chowngng Holdings International Cyclically Adjusted PS Ratio Chart

Chowngng Holdings International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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0.32

0.30

0.36

0.34

0.30

Chowngng Holdings International 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															0.36	-	0.34	-	0.30

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

For the Luxury Goods subindustry, Chowngng Holdings International'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.

Chowngng Holdings International's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chowngng Holdings International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

Chowngng Holdings International 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.

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

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	7.65	/	30.38
	=	0.25

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

For example, Chowngng Holdings International'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)
	=	36.924	/	117.2957	*	117.2957
	=	36.924

Current CPI (Dec23) = 117.2957.

Chowngng Holdings International Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	28.432	99.707	33.448
201512	28.171	102.015	32.391
201612	23.773	103.225	27.014
201712	24.535	104.984	27.412
201812	27.762	107.622	30.257
201912	26.181	110.700	27.741
202012	22.139	109.711	23.670
202112	32.457	112.349	33.886
202212	30.345	114.548	31.073
202312	36.924	117.296	36.924

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.

Chowngng Holdings International (HKSE:00116) 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.

Chowngng Holdings International Cyclically Adjusted PS Ratio Related Terms

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Chowngng Holdings International (HKSE:00116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Sang Sang Holdings International Ltd (HKSE:00116) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

CJW1:Germany

Address

229 Nathan Road, 4th Floor, Chow Sang Sang Building, Kowloon, Hong Kong, HKG

Website

https://www.chowsangsang.com

Chow Sang Sang Holdings International Ltd is an investment holding company. The company's businesses include the manufacture and retail of jewelry, the distribution of watches, the wholesale of precious metals, and e-commerce platform operation. The manufacture and retail of the Jewellery segment produce jewelry products for the group's retail business and operate retail stores mainly in Hong Kong, Macau, Mainland China, and Taiwan. The group derives the majority of its revenue from the Retail of jewelry and watches segment.

Executives

Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Speed Star Holdings Limited	2101 Beneficial owner
Chow King Sing, Gerald	2201 Interest of corporation controlled by you
Chow Wun Sing, Winston	2307 Founder of a discretionary trust who can infl
Lok Mi Ling, Melane	2202 Interest of your spouse
Ho Ann Ping, Lily	2201 Interest of corporation controlled by you
Schroders Plc	2102 Investment manager
Schroders Plc	2102 Investment manager
Cititrust Private Trust (cayman) Limited	2301 Trustee

Chowngng Holdings International (HKSE:00116) Headlines

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