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Green Ocean Bhd (XKLS:0074) Cyclically Adjusted PS Ratio : 0.03 (As of May. 29, 2024)


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What is Green Ocean Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Green Ocean Bhd's current share price is RM0.14. Green Ocean Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM4.11. Green Ocean Bhd's Cyclically Adjusted PS Ratio for today is 0.03.

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

XKLS:0074' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.11
Current: 0.04

During the past years, Green Ocean Bhd's highest Cyclically Adjusted PS Ratio was 0.11. The lowest was 0.02. And the median was 0.04.

XKLS:0074's Cyclically Adjusted PS Ratio is ranked better than
98.4% of 1378 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs XKLS:0074: 0.04

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.

Green Ocean Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.011. 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 RM4.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Ocean Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Green Ocean 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.

Green Ocean Bhd Cyclically Adjusted PS Ratio Chart

Green Ocean Bhd Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.07

Green Ocean Bhd Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.03 0.03 0.05 0.05 0.05

Competitive Comparison of Green Ocean Bhd's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Green Ocean 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.


Green Ocean Bhd's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Green Ocean Bhd's Cyclically Adjusted PS Ratio falls into.



Green Ocean 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.

Green Ocean Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.14/4.11
=0.03

* 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.

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

For example, Green Ocean 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)
=0.011/129.4194*129.4194
=0.011

Current CPI (Dec. 2023) = 129.4194.

Green Ocean Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.471 98.209 0.621
201306 0.245 98.518 0.322
201309 0.073 98.790 0.096
201312 0.052 98.326 0.068
201403 0.193 99.695 0.251
201406 0.301 100.560 0.387
201409 0.153 100.428 0.197
201412 0.731 99.070 0.955
201503 0.550 99.621 0.715
201506 0.436 100.684 0.560
201509 1.386 100.392 1.787
201512 1.640 99.792 2.127
201603 2.059 100.470 2.652
201606 1.508 101.688 1.919
201609 1.037 101.861 1.318
201612 1.502 101.863 1.908
201703 1.677 102.862 2.110
201706 2.030 103.349 2.542
201709 1.198 104.136 1.489
201712 0.859 104.011 1.069
201803 0.260 105.290 0.320
201806 1.819 106.317 2.214
201809 2.056 106.507 2.498
201812 3.168 105.998 3.868
201903 2.315 107.251 2.794
201906 1.463 108.070 1.752
201909 1.262 108.329 1.508
201912 1.397 108.420 1.668
202009 0.835 109.815 0.984
202012 0.296 109.897 0.349
202103 0.010 111.754 0.012
202106 0.003 114.631 0.003
202109 0.005 115.734 0.006
202112 0.005 117.630 0.006
202203 0.005 121.301 0.005
202206 0.023 125.017 0.024
202209 0.005 125.227 0.005
202212 0.003 125.222 0.003
202303 0.005 127.348 0.005
202312 0.011 129.419 0.011

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.


Green Ocean Bhd  (XKLS:0074) 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.


Green Ocean Bhd Cyclically Adjusted PS Ratio Related Terms

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


Green Ocean Bhd (XKLS:0074) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kapar, Lot 742, 4th Mile, Klang, SGR, MYS, 42100
Green Ocean Corp Bhd is an investment holding company. The company through its subsidiaries is involved in palm kernel crushing, refining of palm oil and palm kernel oil, trading of refined palm oil products, and general trading in biotech and renewable energy.

Green Ocean Bhd (XKLS:0074) Headlines

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