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Dynasty Fine Wines Group (HKSE:00828) Cyclically Adjusted PS Ratio : 0.76 (As of Jun. 06, 2024)


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What is Dynasty Fine Wines Group Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Dynasty Fine Wines Group's current share price is HK$0.25. Dynasty Fine Wines Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$0.33. Dynasty Fine Wines Group's Cyclically Adjusted PS Ratio for today is 0.76.

The historical rank and industry rank for Dynasty Fine Wines Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:00828' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.27   Max: 1.73
Current: 0.77

During the past 13 years, Dynasty Fine Wines Group's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.27. And the median was 1.27.

HKSE:00828's Cyclically Adjusted PS Ratio is ranked better than
72.02% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.725 vs HKSE:00828: 0.77

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.

Dynasty Fine Wines Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$0.200. 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$0.33 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynasty Fine Wines Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dynasty Fine Wines Group'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.

Dynasty Fine Wines Group Cyclically Adjusted PS Ratio Chart

Dynasty Fine Wines Group 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 0.45 0.86 0.84 0.88 1.26

Dynasty Fine Wines Group 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 0.84 - 0.88 - 1.26

Competitive Comparison of Dynasty Fine Wines Group's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Dynasty Fine Wines Group'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.


Dynasty Fine Wines Group's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Dynasty Fine Wines Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dynasty Fine Wines Group's Cyclically Adjusted PS Ratio falls into.



Dynasty Fine Wines Group 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.

Dynasty Fine Wines Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.25/0.33
=0.76

* 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.

Dynasty Fine Wines Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dynasty Fine Wines Group'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)
=0.2/114.7809*114.7809
=0.200

Current CPI (Dec23) = 114.7809.

Dynasty Fine Wines Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.536 99.000 0.621
201512 0.502 100.600 0.573
201612 0.362 102.600 0.405
201712 0.307 104.500 0.337
201812 0.276 106.500 0.297
201912 0.242 111.200 0.250
202012 0.191 111.500 0.197
202112 0.245 113.108 0.249
202212 0.193 115.116 0.192
202312 0.200 114.781 0.200

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.


Dynasty Fine Wines Group  (HKSE:00828) 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.


Dynasty Fine Wines Group Cyclically Adjusted PS Ratio Related Terms

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


Dynasty Fine Wines Group (HKSE:00828) Business Description

Traded in Other Exchanges
N/A
Address
No. 29 Jinwei Road, Bei Chen District, Tianjin, CHN
Dynasty Fine Wines Group Ltd is an investment holding company. The company is engaged in the production and sale of grape wine products. Its operating segment includes Red wines; White wines and All other products. The company generates maximum revenue from the Red wines segment. Its product categories include red wines, white wines, sparkling wines, brandy, and icewine.
Executives
Teda Investment Holding Co., Ltd. 2201 Interest of corporation controlled by you
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Shi Pin Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Famous Ever Group Limited
Hao Mingzhen 2201 Interest of corporation controlled by you
Li Junjie 2201 Interest of corporation controlled by you
Zengli Investment Group Co. Ltd 2101 Beneficial owner
Andromède Sas 2101 Beneficial owner
Tianjin Teda Investment Holding Co., Ltd. 2201 Interest of corporation controlled by you

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