GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hiap Hoe Ltd (SGX:5JK) » Definitions » Cyclically Adjusted PS Ratio

Hiap Hoe (SGX:5JK) Cyclically Adjusted PS Ratio : 1.92 (As of Jun. 10, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Hiap Hoe Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Hiap Hoe's current share price is S$0.635. Hiap Hoe's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was S$0.33. Hiap Hoe's Cyclically Adjusted PS Ratio for today is 1.92.

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

SGX:5JK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.52   Max: 4.1
Current: 1.93

During the past 13 years, Hiap Hoe's highest Cyclically Adjusted PS Ratio was 4.10. The lowest was 1.73. And the median was 2.52.

SGX:5JK's Cyclically Adjusted PS Ratio is ranked worse than
59.31% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.43 vs SGX:5JK: 1.93

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.

Hiap Hoe's adjusted revenue per share data of for the fiscal year that ended in Dec23 was S$0.238. 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 S$0.33 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hiap Hoe Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hiap Hoe'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.

Hiap Hoe Cyclically Adjusted PS Ratio Chart

Hiap Hoe 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 2.29 1.86 1.84 2.08 1.94

Hiap Hoe 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 1.84 - 2.08 - 1.94

Competitive Comparison of Hiap Hoe's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Hiap Hoe'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.


Hiap Hoe's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hiap Hoe 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.

Hiap Hoe's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.635/0.33
=1.92

* 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.

Hiap Hoe's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hiap Hoe'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)
=0.238/129.4194*129.4194
=0.238

Current CPI (Dec23) = 129.4194.

Hiap Hoe Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.290 99.070 0.379
201512 0.229 99.792 0.297
201612 0.176 101.863 0.224
201712 0.529 104.011 0.658
201812 0.398 105.998 0.486
201912 0.281 108.420 0.335
202012 0.169 109.897 0.199
202112 0.199 117.630 0.219
202212 0.254 125.222 0.263
202312 0.238 129.419 0.238

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.


Hiap Hoe  (SGX:5JK) 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.


Hiap Hoe Cyclically Adjusted PS Ratio Related Terms

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


Hiap Hoe (SGX:5JK) Business Description

Traded in Other Exchanges
N/A
Address
18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983
Hiap Hoe Ltd is a regional real estate group with a diversified portfolio of hospitality, retail, commercial and residential assets. It has six reportable operating segments - Development Properties, Rental, Leisure, Other Investments, Others and Hotel Operations. The Development Properties segment is in the business of acquiring land/property and developing it into residential/industrial/commercial properties for sale. The Rental segment is in the business of renting space. The Leisure segment is in the business of providing leisure and recreational facilities. The Hotel Operations segment is operated under the brand names Ramada Singapore and Days Hotel Singapore. It has operations in Australia, Singapore, and the United Kingdom.

Hiap Hoe (SGX:5JK) Headlines

No Headlines