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Apex Investment PSC (ADX:APEX) Cyclically Adjusted PS Ratio : 10.30 (As of Sep. 26, 2024)


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What is Apex Investment PSC Cyclically Adjusted PS Ratio?

As of today (2024-09-26), Apex Investment PSC's current share price is د.إ4.43. Apex Investment PSC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was د.إ0.43. Apex Investment PSC's Cyclically Adjusted PS Ratio for today is 10.30.

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

ADX:APEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.33   Med: 4.43   Max: 14.73
Current: 8.74

During the past 13 years, Apex Investment PSC's highest Cyclically Adjusted PS Ratio was 14.73. The lowest was 1.33. And the median was 4.43.

ADX:APEX's Cyclically Adjusted PS Ratio is ranked worse than
94.58% of 295 companies
in the Building Materials industry
Industry Median: 0.98 vs ADX:APEX: 8.74

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.

Apex Investment PSC's adjusted revenue per share data of for the fiscal year that ended in Dec23 was د.إ0.204. 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 د.إ0.43 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Investment PSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Apex Investment PSC'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.

Apex Investment PSC Cyclically Adjusted PS Ratio Chart

Apex Investment PSC 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 1.63 1.85 15.10 7.80 4.56

Apex Investment PSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Dec23
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 - - 15.10 7.80 4.56

Competitive Comparison of Apex Investment PSC's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Apex Investment PSC'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.


Apex Investment PSC's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Apex Investment PSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Apex Investment PSC's Cyclically Adjusted PS Ratio falls into.



Apex Investment PSC 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.

Apex Investment PSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.43/0.43
=10.30

* 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.

Apex Investment PSC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Apex Investment PSC's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.204/129.4194*129.4194
=0.204

Current CPI (Dec23) = 129.4194.

Apex Investment PSC Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.415 99.070 0.542
201512 0.408 99.792 0.529
201612 0.447 101.863 0.568
201712 0.396 104.011 0.493
201812 0.456 105.998 0.557
201912 0.361 108.420 0.431
202012 0.304 109.897 0.358
202112 0.331 117.630 0.364
202212 0.268 125.222 0.277
202312 0.204 129.419 0.204

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.


Apex Investment PSC  (ADX:APEX) 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.


Apex Investment PSC Cyclically Adjusted PS Ratio Related Terms

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


Apex Investment PSC Business Description

Traded in Other Exchanges
N/A
Address
Al Wahda Commercial Tower, Office No. 501, PO Box. 30688, Abu Dhabi, ARE
Apex Investment PSC formerly Ras Al Khaimah Cement Co operates in the cement industry. The company is mainly engaged in the producing and marketing of portland cement. The company caters to both the UAE market and the foreign market.