GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Malaysia Bhd (OTCPK:GUANF) » Definitions » Cyclically Adjusted PS Ratio

Heineken Malaysia Bhd (Heineken Malaysia Bhd) Cyclically Adjusted PS Ratio : 2.82 (As of Jun. 10, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Heineken Malaysia Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Heineken Malaysia Bhd's current share price is $4.00. Heineken Malaysia Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.42. Heineken Malaysia Bhd's Cyclically Adjusted PS Ratio for today is 2.82.

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

GUANF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.71   Med: 3.31   Max: 4.05
Current: 2.89

During the past years, Heineken Malaysia Bhd's highest Cyclically Adjusted PS Ratio was 4.05. The lowest was 2.71. And the median was 3.31.

GUANF's Cyclically Adjusted PS Ratio is ranked worse than
66.47% of 170 companies
in the Beverages - Alcoholic industry
Industry Median: 1.655 vs GUANF: 2.89

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.

Heineken Malaysia Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.554. 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 $1.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heineken Malaysia Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Heineken 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.

Heineken Malaysia Bhd Cyclically Adjusted PS Ratio Chart

Heineken Malaysia Bhd Annual Data
Trend Jun13 Jun14 Jun15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.55 3.01 3.31 3.01

Heineken 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 3.39 3.30 3.05 3.01 2.82

Competitive Comparison of Heineken Malaysia Bhd's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Heineken 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.


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

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

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



Heineken 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.00/1.42
=2.82

* 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.

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

For example, Heineken 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)
=0.554/131.7762*131.7762
=0.554

Current CPI (Mar. 2024) = 131.7762.

Heineken Malaysia Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.509 98.326 0.682
201403 0.376 99.695 0.497
201406 0.425 100.560 0.557
201409 0.404 100.428 0.530
201412 0.496 99.070 0.660
201503 0.393 99.621 0.520
201506 0.352 100.684 0.461
201509 0.311 100.392 0.408
201512 0.406 99.792 0.536
201603 0.374 100.470 0.491
201609 0.310 101.861 0.401
201703 0.293 102.862 0.375
201706 0.307 103.349 0.391
201709 0.401 104.136 0.507
201712 0.497 104.011 0.630
201803 0.368 105.290 0.461
201806 0.349 106.317 0.433
201809 0.410 106.507 0.507
201812 0.526 105.998 0.654
201903 0.426 107.251 0.523
201906 0.408 108.070 0.498
201909 0.477 108.329 0.580
201912 0.543 108.420 0.660
202003 0.398 108.902 0.482
202006 0.197 108.767 0.239
202009 0.378 109.815 0.454
202012 0.424 109.897 0.508
202103 0.441 111.754 0.520
202106 0.280 114.631 0.322
202109 0.310 115.734 0.353
202112 0.544 117.630 0.609
202203 0.551 121.301 0.599
202206 0.485 125.017 0.511
202209 0.525 125.227 0.552
202212 0.594 125.222 0.625
202303 0.549 127.348 0.568
202306 0.407 128.729 0.417
202309 0.424 129.860 0.430
202312 0.518 129.419 0.527
202403 0.554 131.776 0.554

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.


Heineken Malaysia Bhd  (OTCPK:GUANF) 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.


Heineken Malaysia Bhd Cyclically Adjusted PS Ratio Related Terms

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


Heineken Malaysia Bhd (Heineken Malaysia Bhd) Business Description

Traded in Other Exchanges
Address
Batu 9, Jalan Klang Lama, Sungei Way Brewery, Lot 1135, Petaling Jaya, SGR, MYS, 46000
Heineken Malaysia Bhd is engaged in the production, packaging, marketing and distribution of beverages, mainly alcoholic. The portfolio of the company includes various iconic brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand inspired cider - Apple Fox Cider, The premium Irish ale - Kilkenny, The real shandy - Anglia and others.

Heineken Malaysia Bhd (Heineken Malaysia Bhd) Headlines

No Headlines