Riverstone Holdings (SGX:AP4) Cyclically Adjusted PS Ratio: (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:AP4 Riverstone Holdings Ltd SGX:AP4
62 GF Score
Price S$0.84
GF Value S$0.87
Valuation Fairly Valued
! 7 Warning Signs
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What is Riverstone Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Riverstone Holdings  (SGX:AP4) 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.


Riverstone Holdings Cyclically Adjusted PS Ratio Related Terms


Riverstone Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Riverstone Holdings'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.

Riverstone Holdings Cyclically Adjusted PS Ratio Chart

Riverstone Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 2.96 3.19 4.60 3.50

Riverstone Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
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 3.85 2.73 2.88 3.50 0.00

SGX:AP4 vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Riverstone Holdings'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.


Riverstone Holdings Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Riverstone Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SGX:AP4
62GF Score
Riverstone Holdings Ltd SGX:AP4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Riverstone Holdings 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.

Riverstone Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Riverstone Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Riverstone Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 0.033 237.945 0.046
201512 0.034 236.525 0.048
201603 0.034 238.132 0.048
201606 0.035 241.018 0.048
201609 0.037 241.428 0.051
201612 0.040 241.432 0.055
201703 0.044 243.801 0.060
201706 0.047 244.955 0.064
201709 0.041 246.819 0.055
201712 0.047 246.524 0.064
201803 0.048 249.554 0.064
201806 0.049 251.989 0.065
201809 0.054 252.439 0.071
201812 0.057 251.233 0.076
201903 0.054 254.202 0.071
201906 0.053 256.143 0.069
201909 0.056 256.759 0.073
201912 0.057 256.974 0.074
202006 0.000 257.797 0.000
202012 0.000 260.474 0.000
202106 0.000 271.696 0.000
202109 0.142 274.310 0.173
202112 0.090 278.802 0.108
202203 0.088 287.504 0.102
202206 0.075 296.311 0.085
202209 0.057 296.808 0.064
202212 0.049 296.797 0.055
202303 0.048 301.836 0.053
202306 0.044 305.109 0.048
202309 0.044 307.789 0.048
202312 0.044 306.746 0.048
202403 0.048 312.332 0.051
202406 0.048 314.175 0.051
202409 0.061 315.301 0.065
202412 0.057 315.605 0.060
202503 0.051 319.799 0.053
202506 0.050 322.561 0.052
202509 0.051 324.800 0.052
202512 0.053 324.054 0.055
202606 0.000 333.952 0.000

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.

Is Riverstone Holdings (SGX:AP4) Overvalued in 2026?

Based on GuruFocus' analysis, Riverstone Holdings stock appears to be undervalued. The current stock price of S$0.84 is trading 3.4% below its estimated GF Value™ of S$0.87. GuruFocus considers Riverstone Holdings to be Fairly Valued.

Key valuation signals for SGX:AP4:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: S$0.87 vs. price of S$0.84 (3.4% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the SGX:AP4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riverstone Holdings Business Description

Address 362 Upper Paya Lebar Road, No. 03-14 Da Jin Factory Building, Singapore, SGP, 534963
Riverstone Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacture and sales of gloves and non-glove consumables such as finger cots, static shielding bags, face masks, wipers, and packaging materials. The group's products are widely qualified and used in the Hard Disk Drive, and semiconductor industries. It operates in three segments based on its geography: Malaysia, Thailand, China, Singapore, and Others, of which the majority of its revenue comes from Malaysia.
62GF Score

Get the complete analysis for SGX:AP4

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.84
Price
S$0.87
GF Value