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Frontken Bhd (XKLS:0128) Cyclically Adjusted PS Ratio : 15.86 (As of May. 26, 2024)


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What is Frontken Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Frontken Bhd's current share price is RM4.44. Frontken Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM0.28. Frontken Bhd's Cyclically Adjusted PS Ratio for today is 15.86.

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

XKLS:0128' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.17   Med: 12.96   Max: 19.4
Current: 15.76

During the past years, Frontken Bhd's highest Cyclically Adjusted PS Ratio was 19.40. The lowest was 9.17. And the median was 12.96.

XKLS:0128's Cyclically Adjusted PS Ratio is ranked worse than
98.56% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs XKLS:0128: 15.76

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.

Frontken Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.089. 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 RM0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontken Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Frontken 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.

Frontken Bhd Cyclically Adjusted PS Ratio Chart

Frontken 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 - 12.61 18.47 12.40 11.91

Frontken Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.19 11.99 11.70 11.91 13.78

Competitive Comparison of Frontken Bhd's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Frontken 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.


Frontken Bhd's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Frontken Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Frontken 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.44/0.28
=15.86

* 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.

Frontken Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Frontken Bhd's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.089/131.7762*131.7762
=0.089

Current CPI (Mar. 2024) = 131.7762.

Frontken Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.048 100.560 0.063
201409 0.055 100.428 0.072
201412 0.070 99.070 0.093
201503 0.051 99.621 0.067
201506 0.042 100.684 0.055
201509 0.044 100.392 0.058
201512 0.043 99.792 0.057
201603 0.037 100.470 0.049
201606 0.040 101.688 0.052
201609 0.041 101.861 0.053
201612 0.048 101.863 0.062
201703 0.043 102.862 0.055
201706 0.045 103.349 0.057
201709 0.050 104.136 0.063
201712 0.051 104.011 0.065
201803 0.045 105.290 0.056
201806 0.052 106.317 0.064
201809 0.055 106.507 0.068
201812 0.056 105.998 0.070
201903 0.053 107.251 0.065
201906 0.051 108.070 0.062
201909 0.055 108.329 0.067
201912 0.057 108.420 0.069
202003 0.054 108.902 0.065
202006 0.056 108.767 0.068
202009 0.060 109.815 0.072
202012 0.064 109.897 0.077
202103 0.066 111.754 0.078
202106 0.069 114.631 0.079
202109 0.074 115.734 0.084
202112 0.077 117.630 0.086
202203 0.076 121.301 0.083
202206 0.082 125.017 0.086
202209 0.086 125.227 0.090
202212 0.086 125.222 0.091
202303 0.072 127.348 0.075
202306 0.077 128.729 0.079
202309 0.085 129.860 0.086
202312 0.084 129.419 0.086
202403 0.089 131.776 0.089

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.


Frontken Bhd  (XKLS:0128) 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.


Frontken Bhd Cyclically Adjusted PS Ratio Related Terms

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


Frontken Bhd (XKLS:0128) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350
Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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