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Yuk Wing Group Holdings (HKSE:01536) Cyclically Adjusted PS Ratio : 0.28 (As of Jun. 10, 2024)


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What is Yuk Wing Group Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Yuk Wing Group Holdings's current share price is HK$0.113. Yuk Wing Group Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$0.40. Yuk Wing Group Holdings's Cyclically Adjusted PS Ratio for today is 0.28.

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

HKSE:01536' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.29   Max: 0.45
Current: 0.28

During the past 10 years, Yuk Wing Group Holdings's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.21. And the median was 0.29.

HKSE:01536's Cyclically Adjusted PS Ratio is ranked better than
91.4% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs HKSE:01536: 0.28

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.

Yuk Wing Group Holdings's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$0.413. 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$0.40 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yuk Wing Group Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yuk Wing Group 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.

* Premium members only.

Yuk Wing Group Holdings Cyclically Adjusted PS Ratio Chart

Yuk Wing Group Holdings 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 - - - - 0.31

Yuk Wing Group Holdings Semi-Annual Data
Mar14 Mar15 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 - - - 0.31 -

Competitive Comparison of Yuk Wing Group Holdings's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Yuk Wing Group 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.


Yuk Wing Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yuk Wing Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Yuk Wing Group Holdings's Cyclically Adjusted PS Ratio falls into.



Yuk Wing Group 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.

Yuk Wing Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.113/0.4
=0.28

* 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.

Yuk Wing Group Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Yuk Wing Group Holdings'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)
=0.413/115.4269*115.4269
=0.413

Current CPI (Mar23) = 115.4269.

Yuk Wing Group Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.396 95.749 0.477
201503 0.333 99.927 0.385
201603 0.373 102.785 0.419
201703 0.399 103.335 0.446
201803 0.262 105.973 0.285
201903 0.430 108.172 0.459
202003 0.470 110.920 0.489
202103 0.281 111.579 0.291
202203 0.373 113.558 0.379
202303 0.413 115.427 0.413

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.


Yuk Wing Group Holdings  (HKSE:01536) 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.


Yuk Wing Group Holdings Cyclically Adjusted PS Ratio Related Terms

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


Yuk Wing Group Holdings (HKSE:01536) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road Central, Unit B, 13th Floor, Eton Building, Hong Kong, HKG
Yuk Wing Group Holdings Ltd is an investment holding company engaged in the manufacturing and trading of down-the-hole (DTH) rockdrilling tools. The company's operating segments include Manufacturing and trading of DTH rockdrilling tools, Trading of piling and drilling machineries and Trading of rockdrilling equipment. It generates maximum revenue from the Manufacturing and trading of DTH rockdrilling tools segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC, and other Countries.
Executives
Huang Shixin 2101 Beneficial owner
Chan Leung Choi 2101 Beneficial owner
Colour Shine Investments Limited 2101 Beneficial owner
He Xiaoming 2201 Interest of corporation controlled by you

Yuk Wing Group Holdings (HKSE:01536) Headlines

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