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YGM Trading (HKSE:00375) Cyclically Adjusted PS Ratio : 0.23 (As of Jun. 05, 2024)


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What is YGM Trading Cyclically Adjusted PS Ratio?

As of today (2024-06-05), YGM Trading's current share price is HK$0.92. YGM Trading's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$3.96. YGM Trading's Cyclically Adjusted PS Ratio for today is 0.23.

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

HKSE:00375' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.67   Max: 2.6
Current: 0.22

During the past 13 years, YGM Trading's highest Cyclically Adjusted PS Ratio was 2.60. The lowest was 0.21. And the median was 0.67.

HKSE:00375's Cyclically Adjusted PS Ratio is ranked better than
72.19% of 766 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs HKSE:00375: 0.22

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.

YGM Trading's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$1.291. 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$3.96 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


YGM Trading Cyclically Adjusted PS Ratio Historical Data

The historical data trend for YGM Trading'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.

YGM Trading Cyclically Adjusted PS Ratio Chart

YGM Trading Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.47 0.41 0.39 0.28

YGM Trading 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 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 - 0.39 - 0.28 -

Competitive Comparison of YGM Trading's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, YGM Trading'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.


YGM Trading's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



YGM Trading 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.

YGM Trading's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.92/3.96
=0.23

* 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.

YGM Trading's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, YGM Trading's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.291/115.4269*115.4269
=1.291

Current CPI (Mar23) = 115.4269.

YGM Trading Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.513 95.749 9.057
201503 6.632 99.927 7.661
201603 5.391 102.785 6.054
201703 4.585 103.335 5.122
201803 3.471 105.973 3.781
201903 2.175 108.172 2.321
202003 1.627 110.920 1.693
202103 1.303 111.579 1.348
202203 1.275 113.558 1.296
202303 1.291 115.427 1.291

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.


YGM Trading  (HKSE:00375) 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.


YGM Trading Cyclically Adjusted PS Ratio Related Terms

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


YGM Trading (HKSE:00375) Business Description

Traded in Other Exchanges
N/A
Address
22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
YGM Trading Ltd is an investment holding and provision of management service company. The company's operating segments include Sales of garments; Licensing of trademarks; Printing and related services and Property rental. The sales of garments segment of the company is involved in the wholesale and retail of garments; the Printing and related services segment is engaged in the provision of security printing and sale of printed products; Licensing of trademarks segment is engaged in the management and licensing of trademarks for royalty income, and Property rental: leasing of properties to generate rental income. The company generates maximum revenue from the Sales of the garments segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Chan Wing Fui Peter 2101 Beneficial owner
Chan Suk Ling, Shirley 2101 Beneficial owner
Chan Wing Sun
Chan Wing To 2101 Beneficial owner

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