Keck Seng Investments (Hong Kong) (HKSE:00184) Cyclically Adjusted PS Ratio : 0.50 (As of May. 26, 2024)

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What is Keck Seng Investments (Hong Kong) Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Keck Seng Investments (Hong Kong)'s current share price is HK$2.50. Keck Seng Investments (Hong Kong)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$5.03. Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio for today is 0.50.

The historical rank and industry rank for Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:00184' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.29 Max: 2.42
Current: 0.5

During the past 13 years, Keck Seng Investments (Hong Kong)'s highest Cyclically Adjusted PS Ratio was 2.42. The lowest was 0.38. And the median was 1.29.

HKSE:00184's Cyclically Adjusted PS Ratio is ranked better than
79.5% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs HKSE:00184: 0.50

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.

Keck Seng Investments (Hong Kong)'s adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$5.110. 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$5.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Keck Seng Investments (Hong Kong) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keck Seng Investments (Hong Kong)'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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Keck Seng Investments (Hong Kong) Cyclically Adjusted PS Ratio Chart

Keck Seng Investments (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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0.85

0.58

0.59

0.47

0.40

Keck Seng Investments (Hong Kong) 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															0.59	-	0.47	-	0.40

Competitive Comparison of Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio

For the Lodging subindustry, Keck Seng Investments (Hong Kong)'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.

Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio falls into.

Keck Seng Investments (Hong Kong) 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.

Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	2.50	/	5.03
	=	0.50

Keck Seng Investments (Hong Kong)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Keck Seng Investments (Hong Kong)'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)
	=	5.11	/	117.2957	*	117.2957
	=	5.110

Current CPI (Dec23) = 117.2957.

Keck Seng Investments (Hong Kong) Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	4.465	99.707	5.253
201512	5.701	102.015	6.555
201612	5.747	103.225	6.530
201712	5.730	104.984	6.402
201812	5.945	107.622	6.479
201912	5.713	110.700	6.053
202012	1.957	109.711	2.092
202112	1.419	112.349	1.481
202212	4.202	114.548	4.303
202312	5.110	117.296	5.110

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.

Keck Seng Investments (Hong Kong) (HKSE:00184) 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.

Keck Seng Investments (Hong Kong) Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Keck Seng Investments (Hong Kong)'s Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Keck Seng Investments (Hong Kong) (HKSE:00184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Keck Seng Investments (Hong Kong) Ltd (HKSE:00184) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

KCKSF:USA KEC:Germany

Address

168-200 Connaught Road Central, Room 2902 West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.keckseng.com.hk

Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. Majority of the revenue is derived from Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets and operation of slot machines at one of the Group's hotels.

Executives

Ho Kian Guan	2201 Interest of corporation controlled by you
Ho Kian Hock	2201 Interest of corporation controlled by you
Kansas Holdings Limited	2101 Beneficial owner
Ks Ocean Inc.	2201 Interest of corporation controlled by you

Keck Seng Investments (Hong Kong) (HKSE:00184) Headlines

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