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Paramount Bhd (XKLS:1724) Cyclically Adjusted PS Ratio : 0.89 (As of Jun. 10, 2024)


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What is Paramount Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Paramount Bhd's current share price is RM1.16. Paramount Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM1.31. Paramount Bhd's Cyclically Adjusted PS Ratio for today is 0.89.

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

XKLS:1724' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.64   Max: 0.98
Current: 0.88

During the past years, Paramount Bhd's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.53. And the median was 0.64.

XKLS:1724's Cyclically Adjusted PS Ratio is ranked better than
66.86% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs XKLS:1724: 0.88

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.

Paramount Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.277. 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 RM1.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Paramount 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.

Paramount Bhd Cyclically Adjusted PS Ratio Chart

Paramount 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 - - 0.59 0.63 0.72

Paramount 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 0.61 0.61 0.80 0.72 0.89

Competitive Comparison of Paramount Bhd's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Paramount 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.


Paramount Bhd's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paramount Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Paramount 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.16/1.31
=0.89

* 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.

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

For example, Paramount 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)
=0.277/131.7762*131.7762
=0.277

Current CPI (Mar. 2024) = 131.7762.

Paramount Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.264 100.560 0.346
201409 0.214 100.428 0.281
201412 0.263 99.070 0.350
201503 0.279 99.621 0.369
201506 0.195 100.684 0.255
201509 0.250 100.392 0.328
201512 0.250 99.792 0.330
201603 0.187 100.470 0.245
201606 0.240 101.688 0.311
201609 0.223 101.861 0.288
201612 0.297 101.863 0.384
201703 0.233 102.862 0.298
201706 0.309 103.349 0.394
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.260 105.290 0.325
201806 0.448 106.317 0.555
201809 0.342 106.507 0.423
201812 -0.030 105.998 -0.037
201903 0.196 107.251 0.241
201906 0.344 108.070 0.419
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.193 108.902 0.234
202006 0.104 108.767 0.126
202009 0.343 109.815 0.412
202012 0.302 109.897 0.362
202103 0.240 111.754 0.283
202106 0.196 114.631 0.225
202109 0.127 115.734 0.145
202112 0.507 117.630 0.568
202203 0.268 121.301 0.291
202206 0.320 125.017 0.337
202209 0.366 125.227 0.385
202212 0.394 125.222 0.415
202303 0.311 127.348 0.322
202306 0.385 128.729 0.394
202309 0.428 129.860 0.434
202312 0.497 129.419 0.506
202403 0.277 131.776 0.277

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.


Paramount Bhd  (XKLS:1724) 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.


Paramount Bhd Cyclically Adjusted PS Ratio Related Terms

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


Paramount Bhd (XKLS:1724) Business Description

Traded in Other Exchanges
N/A
Address
1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400
Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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