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Malaysia Airports Holdings Bhd (XKLS:5014) Cyclically Adjusted PS Ratio : 3.50 (As of Jun. 04, 2024)


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What is Malaysia Airports Holdings Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Malaysia Airports Holdings Bhd's current share price is RM9.90. Malaysia Airports Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM2.83. Malaysia Airports Holdings Bhd's Cyclically Adjusted PS Ratio for today is 3.50.

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

XKLS:5014' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.29   Max: 3.63
Current: 3.51

During the past years, Malaysia Airports Holdings Bhd's highest Cyclically Adjusted PS Ratio was 3.63. The lowest was 1.43. And the median was 2.29.

XKLS:5014's Cyclically Adjusted PS Ratio is ranked worse than
87.4% of 738 companies
in the Transportation industry
Industry Median: 0.84 vs XKLS:5014: 3.51

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.

Malaysia Airports Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.810. 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 RM2.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malaysia Airports Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Malaysia Airports Holdings 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.

Malaysia Airports Holdings Bhd Cyclically Adjusted PS Ratio Chart

Malaysia Airports Holdings 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 2.59 2.13 2.13 2.34 2.65

Malaysia Airports Holdings 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 2.41 2.44 2.53 2.65 3.51

Competitive Comparison of Malaysia Airports Holdings Bhd's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Malaysia Airports Holdings 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.


Malaysia Airports Holdings Bhd's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Malaysia Airports Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Malaysia Airports Holdings 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.

Malaysia Airports Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.90/2.83
=3.50

* 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.

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

For example, Malaysia Airports Holdings 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)
=0.81/131.7762*131.7762
=0.810

Current CPI (Mar. 2024) = 131.7762.

Malaysia Airports Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.844 100.560 1.106
201409 0.478 100.428 0.627
201412 0.490 99.070 0.652
201503 0.631 99.621 0.835
201506 0.618 100.684 0.809
201509 0.649 100.392 0.852
201512 0.624 99.792 0.824
201603 0.614 100.470 0.805
201606 0.601 101.688 0.779
201609 0.648 101.861 0.838
201612 0.651 101.863 0.842
201703 0.659 102.862 0.844
201706 0.663 103.349 0.845
201709 0.730 104.136 0.924
201712 0.751 104.011 0.951
201803 0.733 105.290 0.917
201806 0.696 106.317 0.863
201809 0.741 106.507 0.917
201812 0.754 105.998 0.937
201903 0.755 107.251 0.928
201906 0.760 108.070 0.927
201909 0.817 108.329 0.994
201912 0.810 108.420 0.984
202003 0.563 108.902 0.681
202006 0.164 108.767 0.199
202009 0.239 109.815 0.287
202012 0.159 109.897 0.191
202103 0.203 111.754 0.239
202106 0.195 114.631 0.224
202109 0.278 115.734 0.317
202112 0.332 117.630 0.372
202203 0.344 121.301 0.374
202206 0.416 125.017 0.438
202209 0.521 125.227 0.548
202212 0.604 125.222 0.636
202303 0.623 127.348 0.645
202306 0.742 128.729 0.760
202309 0.767 129.860 0.778
202312 0.822 129.419 0.837
202403 0.810 131.776 0.810

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.


Malaysia Airports Holdings Bhd  (XKLS:5014) 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.


Malaysia Airports Holdings Bhd Cyclically Adjusted PS Ratio Related Terms

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Malaysia Airports Holdings Bhd (XKLS:5014) Business Description

Traded in Other Exchanges
N/A
Address
Malaysia Airports Corporate Office, Persiaran Korporat KLIA, Sepang, SGR, MYS, 64000 KLIA
Malaysia Airports Holdings Bhd operates and manages airports mainly in Southeast Asia. Its airports can serve international, domestic, and regional flights. It has two operating segments: Malaysia operations and Overseas operations. Malaysia's operations segment includes Duty-free and non-dutiable goods; Airport services; Agriculture and horticulture; Hotel and Project and repair maintenance. The overseas operations segment includes Airport services and Project and repair maintenance. The company generates maximum revenue from Airport services in the Malaysia operations segment.

Malaysia Airports Holdings Bhd (XKLS:5014) Headlines

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