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Malayan Banking Bhd (Malayan Banking Bhd) Cyclically Adjusted PS Ratio : 3.58 (As of May. 01, 2024)


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What is Malayan Banking Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Malayan Banking Bhd's current share price is $4.97. Malayan Banking Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.39. Malayan Banking Bhd's Cyclically Adjusted PS Ratio for today is 3.58.

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

MLYBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.08   Med: 3.59   Max: 4
Current: 3.98

During the past years, Malayan Banking Bhd's highest Cyclically Adjusted PS Ratio was 4.00. The lowest was 3.08. And the median was 3.59.

MLYBY's Cyclically Adjusted PS Ratio is ranked worse than
79.11% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs MLYBY: 3.98

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.

Malayan Banking Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.233. 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 $1.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malayan Banking Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Malayan Banking 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.

Malayan Banking Bhd Cyclically Adjusted PS Ratio Chart

Malayan Banking 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 3.84 3.74 3.51 3.59 3.63

Malayan Banking Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.59 3.52 3.54 3.61 3.63

Competitive Comparison of Malayan Banking Bhd's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Malayan Banking 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.


Malayan Banking Bhd's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Malayan Banking Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Malayan Banking 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.97/1.39
=3.58

* 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.

Malayan Banking Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Malayan Banking Bhd's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.233/129.4194*129.4194
=0.233

Current CPI (Dec. 2023) = 129.4194.

Malayan Banking Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.304 99.695 0.395
201406 0.297 100.560 0.382
201409 0.297 100.428 0.383
201412 0.289 99.070 0.378
201503 0.280 99.621 0.364
201506 0.264 100.684 0.339
201509 0.252 100.392 0.325
201512 0.214 99.792 0.278
201603 0.262 100.470 0.337
201606 0.246 101.688 0.313
201609 0.257 101.861 0.327
201612 0.253 101.863 0.321
201703 0.236 102.862 0.297
201706 0.250 103.349 0.313
201709 0.293 104.136 0.364
201712 0.141 104.011 0.175
201803 0.263 105.290 0.323
201806 0.255 106.317 0.310
201809 0.243 106.507 0.295
201812 0.262 105.998 0.320
201903 0.249 107.251 0.300
201906 0.246 108.070 0.295
201909 0.268 108.329 0.320
201912 0.270 108.420 0.322
202003 0.263 108.902 0.313
202006 0.230 108.767 0.274
202009 0.251 109.815 0.296
202012 0.246 109.897 0.290
202103 0.277 111.754 0.321
202106 0.249 114.631 0.281
202109 0.242 115.734 0.271
202112 0.220 117.630 0.242
202203 0.235 121.301 0.251
202206 0.216 125.017 0.224
202209 0.242 125.227 0.250
202212 0.252 125.222 0.260
202303 0.226 127.348 0.230
202306 0.249 128.729 0.250
202309 0.229 129.860 0.228
202312 0.233 129.419 0.233

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.


Malayan Banking Bhd  (OTCPK:MLYBY) 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.


Malayan Banking Bhd Cyclically Adjusted PS Ratio Related Terms

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


Malayan Banking Bhd (Malayan Banking Bhd) Business Description

Traded in Other Exchanges
Address
100, Jalan Tun Perak, 14th Floor, Menara Maybank, Kuala Lumpur, SGR, MYS, 50050
Malayan Banking Bhd is a financial services group with a mostly regional presence in the Association of Southeast Asian Nations. The company's segment includes Group Community Financial Services; Group Corporate Banking and Global Markets; Group Investment Banking; Group Asset Management; Group Insurance and Takaful and Head Office and Others. It generates maximum revenue from the Group Community Financial Services segment.

Malayan Banking Bhd (Malayan Banking Bhd) Headlines