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Carlsberg Brewery Malaysia Bhd (XKLS:2836) Cyclically Adjusted PS Ratio : 2.65 (As of May. 21, 2024)


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What is Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Carlsberg Brewery Malaysia Bhd's current share price is RM20.06. Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM7.58. Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PS Ratio for today is 2.65.

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

XKLS:2836' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.41   Med: 3.17   Max: 3.82
Current: 2.64

During the past years, Carlsberg Brewery Malaysia Bhd's highest Cyclically Adjusted PS Ratio was 3.82. The lowest was 2.41. And the median was 3.17.

XKLS:2836's Cyclically Adjusted PS Ratio is ranked worse than
61.31% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.82 vs XKLS:2836: 2.64

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.

Carlsberg Brewery Malaysia Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM2.374. 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 RM7.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PS Ratio Chart

Carlsberg Brewery Malaysia 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 - - 3.07 3.23 2.60

Carlsberg Brewery Malaysia 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 2.98 2.78 2.70 2.60 2.44

Competitive Comparison of Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Carlsberg Brewery Malaysia 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.


Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.06/7.58
=2.65

* 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.

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

For example, Carlsberg Brewery Malaysia 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)
=2.374/131.7762*131.7762
=2.374

Current CPI (Mar. 2024) = 131.7762.

Carlsberg Brewery Malaysia Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.164 100.560 1.525
201409 1.339 100.428 1.757
201412 1.386 99.070 1.844
201503 1.405 99.621 1.858
201506 1.316 100.684 1.722
201509 1.327 100.392 1.742
201512 1.382 99.792 1.825
201603 1.491 100.470 1.956
201606 1.295 101.688 1.678
201609 1.286 101.861 1.664
201612 1.422 101.863 1.840
201703 1.644 102.862 2.106
201706 1.348 103.349 1.719
201709 1.385 104.136 1.753
201712 1.406 104.011 1.781
201803 1.794 105.290 2.245
201806 1.359 106.317 1.684
201809 1.611 106.507 1.993
201812 1.719 105.998 2.137
201903 2.158 107.251 2.651
201906 1.571 108.070 1.916
201909 1.774 108.329 2.158
201912 1.877 108.420 2.281
202003 1.929 108.902 2.334
202006 0.939 108.767 1.138
202009 1.424 109.815 1.709
202012 1.546 109.897 1.854
202103 1.740 111.754 2.052
202106 1.143 114.631 1.314
202109 1.143 115.734 1.301
202112 1.774 117.630 1.987
202203 2.139 121.301 2.324
202206 1.878 125.017 1.980
202209 1.869 125.227 1.967
202212 2.004 125.222 2.109
202303 2.159 127.348 2.234
202306 1.657 128.729 1.696
202309 1.679 129.860 1.704
202312 1.899 129.419 1.934
202403 2.374 131.776 2.374

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.


Carlsberg Brewery Malaysia Bhd  (XKLS:2836) 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.


Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PS Ratio Related Terms

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


Carlsberg Brewery Malaysia Bhd (XKLS:2836) Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Persiaran Selangor, Section 15, Shah Alam, SGR, MYS, 40200
Carlsberg Brewery Malaysia Bhd is a Carlsberg Group subsidiary that produces and sells beer, stout, cider, shandy, and nonalcoholic malt beverages in Asia. The company produces its products in Malaysia, and nearly all sales are in Malaysia and Singapore. Carlsberg Brewery Malaysia also exports products to Sri Lanka, Thailand, Taiwan, and Hong Kong. Carlsberg is the company's flagship brand. Other brands include Kronenbourg 1664, Somersby Ciders, Asahi Dry, Royal Stout, Skol, Jolly Shandy, Nutrimalt, Connor's Stout Porter, and Corona Extra.

Carlsberg Brewery Malaysia Bhd (XKLS:2836) Headlines

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