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Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Cyclically Adjusted PS Ratio : 1.61 (As of May. 17, 2024)


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What is Petronas Chemicals Group Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Petronas Chemicals Group Bhd's current share price is $0.9349. Petronas Chemicals Group Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.58. Petronas Chemicals Group Bhd's Cyclically Adjusted PS Ratio for today is 1.61.

The historical rank and industry rank for Petronas Chemicals Group Bhd's Cyclically Adjusted PS Ratio or its related term are showing as below:

PECGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.23   Med: 3.32   Max: 4.33
Current: 2.5

During the past years, Petronas Chemicals Group Bhd's highest Cyclically Adjusted PS Ratio was 4.33. The lowest was 2.23. And the median was 3.32.

PECGF's Cyclically Adjusted PS Ratio is ranked worse than
73.57% of 1203 companies
in the Chemicals industry
Industry Median: 1.25 vs PECGF: 2.50

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.

Petronas Chemicals Group Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.194. 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 $0.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petronas Chemicals Group Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Petronas Chemicals Group Bhd'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.

Petronas Chemicals Group Bhd Cyclically Adjusted PS Ratio Chart

Petronas Chemicals Group Bhd 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 - 3.60 3.84 3.35 2.59

Petronas Chemicals Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.35 2.68 2.23 2.63 2.59

Competitive Comparison of Petronas Chemicals Group Bhd's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Petronas Chemicals Group Bhd'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.


Petronas Chemicals Group Bhd's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petronas Chemicals Group Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Petronas Chemicals Group Bhd's Cyclically Adjusted PS Ratio falls into.



Petronas Chemicals Group Bhd 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.

Petronas Chemicals Group Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.9349/0.58
=1.61

* 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.

Petronas Chemicals Group Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Petronas Chemicals Group Bhd's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.194/129.4194*129.4194
=0.194

Current CPI (Dec. 2023) = 129.4194.

Petronas Chemicals Group Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.145 99.695 0.188
201406 0.130 100.560 0.167
201409 0.138 100.428 0.178
201412 0.140 99.070 0.183
201503 0.107 99.621 0.139
201506 0.111 100.684 0.143
201509 0.106 100.392 0.137
201512 0.101 99.792 0.131
201603 0.097 100.470 0.125
201606 0.098 101.688 0.125
201609 0.109 101.861 0.138
201612 0.111 101.863 0.141
201703 0.132 102.862 0.166
201706 0.116 103.349 0.145
201709 0.119 104.136 0.148
201712 0.145 104.011 0.180
201803 0.159 105.290 0.195
201806 0.148 106.317 0.180
201809 0.146 106.507 0.177
201812 0.152 105.998 0.186
201903 0.127 107.251 0.153
201906 0.130 108.070 0.156
201909 0.110 108.329 0.131
201912 0.128 108.420 0.153
202003 0.113 108.902 0.134
202006 0.093 108.767 0.111
202009 0.104 109.815 0.123
202012 0.118 109.897 0.139
202103 0.142 111.754 0.164
202106 0.170 114.631 0.192
202109 0.173 115.734 0.193
202112 0.206 117.630 0.227
202203 0.197 121.301 0.210
202206 0.187 125.017 0.194
202209 0.193 125.227 0.199
202212 0.247 125.222 0.255
202303 0.212 127.348 0.215
202306 0.192 128.729 0.193
202309 0.181 129.860 0.180
202312 0.194 129.419 0.194

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.


Petronas Chemicals Group Bhd  (OTCPK:PECGF) 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.


Petronas Chemicals Group Bhd Cyclically Adjusted PS Ratio Related Terms

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


Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Business Description

Traded in Other Exchanges
Address
Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into three segments based on product type: Olefins and Derivatives; Fertilizers and Methanol and Specialties. The Olefins and Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers and Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia.

Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Headlines

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