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Kian Ann Engineering Limited (SGX:K04) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Kian Ann Engineering Limited Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kian Ann Engineering Limited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kian Ann Engineering Limited'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.

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Kian Ann Engineering Limited Cyclically Adjusted PS Ratio Chart

Kian Ann Engineering Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PS Ratio
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Kian Ann Engineering Limited Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of Kian Ann Engineering Limited's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, Kian Ann Engineering Limited'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.


Kian Ann Engineering Limited's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Kian Ann Engineering Limited's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kian Ann Engineering Limited's Cyclically Adjusted PS Ratio falls into.



Kian Ann Engineering Limited 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.

Kian Ann Engineering Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun12 is calculated as:

For example, Kian Ann Engineering Limited's adjusted Revenue per Share data for the fiscal year that ended in Jun12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun12 (Change)*Current CPI (Jun12)
=0.388/96.8192*96.8192
=0.388

Current CPI (Jun12) = 96.8192.

Kian Ann Engineering Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200306 0.421 77.505 0.526
200406 0.397 80.037 0.480
200506 0.385 82.062 0.454
200606 0.387 85.606 0.438
200706 0.444 87.906 0.489
200806 0.372 92.320 0.390
200906 0.308 91.003 0.328
201006 0.341 91.962 0.359
201106 0.370 95.235 0.376
201206 0.388 96.819 0.388

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.


Kian Ann Engineering Limited  (SGX:K04) 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.


Kian Ann Engineering Limited Cyclically Adjusted PS Ratio Related Terms

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Kian Ann Engineering Limited (SGX:K04) Business Description

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