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RHB Bank Bhd (XKLS:1066) Cyclically Adjusted PS Ratio : 2.61 (As of Jun. 07, 2024)


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What is RHB Bank Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-07), RHB Bank Bhd's current share price is RM5.50. RHB Bank Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM2.11. RHB Bank Bhd's Cyclically Adjusted PS Ratio for today is 2.61.

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

XKLS:1066' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.19   Med: 2.64   Max: 3.03
Current: 2.6

During the past years, RHB Bank Bhd's highest Cyclically Adjusted PS Ratio was 3.03. The lowest was 2.19. And the median was 2.64.

XKLS:1066's Cyclically Adjusted PS Ratio is ranked worse than
57.88% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs XKLS:1066: 2.60

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.

RHB Bank Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.485. 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 RM2.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RHB Bank Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RHB Bank 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.

RHB Bank Bhd Cyclically Adjusted PS Ratio Chart

RHB Bank 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 - 2.82 2.60 2.72 2.60

RHB Bank 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 2.60 2.53 2.54 2.60 2.69

Competitive Comparison of RHB Bank Bhd's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, RHB Bank 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.


RHB Bank Bhd's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, RHB Bank Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



RHB Bank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.50/2.11
=2.61

* 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.

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

For example, RHB Bank 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)
=0.485/131.7762*131.7762
=0.485

Current CPI (Mar. 2024) = 131.7762.

RHB Bank Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.530 100.560 0.695
201409 0.596 100.428 0.782
201412 0.646 99.070 0.859
201503 0.548 99.621 0.725
201506 0.218 100.684 0.285
201509 0.223 100.392 0.293
201512 0.235 99.792 0.310
201603 0.456 100.470 0.598
201606 0.393 101.688 0.509
201609 0.393 101.861 0.508
201612 0.368 101.863 0.476
201703 0.387 102.862 0.496
201706 0.365 103.349 0.465
201709 0.394 104.136 0.499
201712 0.389 104.011 0.493
201803 0.439 105.290 0.549
201806 0.411 106.317 0.509
201809 0.416 106.507 0.515
201812 0.434 105.998 0.540
201903 0.439 107.251 0.539
201906 0.439 108.070 0.535
201909 0.431 108.329 0.524
201912 0.458 108.420 0.557
202003 0.428 108.902 0.518
202006 0.484 108.767 0.586
202009 0.450 109.815 0.540
202012 0.505 109.897 0.606
202103 0.487 111.754 0.574
202106 0.498 114.631 0.572
202109 0.517 115.734 0.589
202112 0.435 117.630 0.487
202203 0.439 121.301 0.477
202206 0.453 125.017 0.477
202209 0.515 125.227 0.542
202212 0.501 125.222 0.527
202303 0.450 127.348 0.466
202306 0.446 128.729 0.457
202309 0.458 129.860 0.465
202312 0.475 129.419 0.484
202403 0.485 131.776 0.485

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.


RHB Bank Bhd  (XKLS:1066) 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.


RHB Bank Bhd Cyclically Adjusted PS Ratio Related Terms

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


RHB Bank Bhd (XKLS:1066) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Tun Razak, Level 10, Tower One, RHB Centre, Kuala Lumpur, SGR, MYS, 50400
RHB Bank Bhd is a financial services group in Malaysia. It engages in commercial banking and finance-related business and the provision of related services. The Group is involved in commercial banking and finance-related business, Islamic banking, investment banking, stock broking, leasing, offshore banking, offshore trust services, property investment, general insurance, unit trust management, asset management, nominee, and custodian services. Its operating segment comprises Group Community Banking; Group Wholesale Banking; Group International Business; Insurance; Support Center and Others.

RHB Bank Bhd (XKLS:1066) Headlines

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