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Highest Performances Holdings (Highest Performances Holdings) Cyclically Adjusted PS Ratio : (As of Jun. 05, 2024)


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What is Highest Performances Holdings Cyclically Adjusted PS Ratio?

Highest Performances Holdings does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

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Highest Performances Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Highest Performances 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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Highest Performances Holdings Cyclically Adjusted PS Ratio Chart

Highest Performances Holdings Annual Data
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Cyclically Adjusted PS Ratio
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Highest Performances Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Highest Performances Holdings's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Highest Performances 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.


Highest Performances Holdings's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highest Performances Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Highest Performances Holdings's Cyclically Adjusted PS Ratio falls into.



Highest Performances 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.

Highest Performances Holdings does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


Highest Performances Holdings  (NAS:HPH) 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.


Highest Performances Holdings Cyclically Adjusted PS Ratio Related Terms

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Highest Performances Holdings (Highest Performances Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Zhujiang West Road, 42nd Floor, Pearl River Tower, Zhujiang New Town, Tianhe, Guangdong Province, Guangzhou, CHN
Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.