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E Lighting Group Holdings (HKSE:08222) Cyclically Adjusted PS Ratio : 0.19 (As of Jun. 10, 2024)


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What is E Lighting Group Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-10), E Lighting Group Holdings's current share price is HK$0.042. E Lighting Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was HK$0.22. E Lighting Group Holdings's Cyclically Adjusted PS Ratio for today is 0.19.

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

HKSE:08222' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.2   Max: 0.24
Current: 0.19

During the past years, E Lighting Group Holdings's highest Cyclically Adjusted PS Ratio was 0.24. The lowest was 0.16. And the median was 0.20.

HKSE:08222's Cyclically Adjusted PS Ratio is ranked better than
89.52% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs HKSE:08222: 0.19

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.

E Lighting Group Holdings's adjusted revenue per share data for the three months ended in Sep. 2023 was HK$0.044. 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$0.22 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E Lighting Group Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for E Lighting 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.

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E Lighting Group Holdings Cyclically Adjusted PS Ratio Chart

E Lighting Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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E Lighting Group Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - 0.19 0.20

Competitive Comparison of E Lighting Group Holdings's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, E Lighting 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.


E Lighting Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, E Lighting Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



E Lighting 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.

E Lighting Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.042/0.22
=0.19

* 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.

E Lighting Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, E Lighting Group Holdings's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.044/116.0865*116.0865
=0.044

Current CPI (Sep. 2023) = 116.0865.

E Lighting Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.072 95.090 0.088
201403 0.064 95.749 0.078
201406 0.060 96.409 0.072
201409 0.070 97.948 0.083
201412 0.051 99.707 0.059
201503 0.051 99.927 0.059
201506 0.063 99.267 0.074
201509 0.081 99.927 0.094
201512 0.067 102.015 0.076
201603 0.045 102.785 0.051
201606 0.048 101.686 0.055
201609 0.052 102.565 0.059
201612 0.056 103.225 0.063
201703 0.037 103.335 0.042
201706 0.041 103.664 0.046
201709 0.050 103.994 0.056
201712 0.055 104.984 0.061
201803 0.034 105.973 0.037
201806 0.044 106.193 0.048
201809 0.048 106.852 0.052
201812 0.048 107.622 0.052
201903 0.035 108.172 0.038
201906 0.040 109.601 0.042
201909 0.040 110.260 0.042
201912 0.043 110.700 0.045
202003 0.032 110.920 0.033
202006 0.030 110.590 0.031
202009 0.061 107.512 0.066
202012 0.050 109.711 0.053
202103 0.041 111.579 0.043
202106 0.046 111.360 0.048
202109 0.054 109.051 0.057
202112 0.053 112.349 0.055
202203 0.033 113.558 0.034
202206 0.048 113.448 0.049
202209 0.046 113.778 0.047
202212 0.048 114.548 0.049
202303 0.033 115.427 0.033
202306 0.043 115.647 0.043
202309 0.044 116.087 0.044

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.


E Lighting Group Holdings  (HKSE:08222) 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.


E Lighting Group Holdings Cyclically Adjusted PS Ratio Related Terms

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


E Lighting Group Holdings (HKSE:08222) Business Description

Traded in Other Exchanges
N/A
Address
199 Wanchai Road, 10th Floor, Tiffan Tower, Wanchai, Hong Kong, HKG
E Lighting Group Holdings Ltd is an investment holding company. The group is engaged in retail chain business in lighting, designer label furniture and household products, and wholesale of tableware and giftware. It is organized into two main reportable segments, the Lighting and furniture business and Tableware, giftware and other business. It operates in the following principal geographical areas - Hong Kong, and North America. The group generates most of its revenue from Hong Kong. It derives the majority of its revenue from the Lighting and furniture business segment.
Executives
Hue Kwok Chiu 2101 Beneficial owner

E Lighting Group Holdings (HKSE:08222) Headlines

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