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Eversafe Rubber Bhd (XKLS:0190) Cyclically Adjusted PS Ratio : 0.33 (As of Sep. 24, 2024)


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What is Eversafe Rubber Bhd Cyclically Adjusted PS Ratio?

As of today (2024-09-24), Eversafe Rubber Bhd's current share price is RM0.18. Eversafe Rubber Bhd's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was RM0.54. Eversafe Rubber Bhd's Cyclically Adjusted PS Ratio for today is 0.33.

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

XKLS:0190' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.41   Max: 0.46
Current: 0.33

During the past 11 years, Eversafe Rubber Bhd's highest Cyclically Adjusted PS Ratio was 0.46. The lowest was 0.33. And the median was 0.41.

XKLS:0190's Cyclically Adjusted PS Ratio is ranked better than
72.7% of 890 companies
in the Vehicles & Parts industry
Industry Median: 0.775 vs XKLS:0190: 0.33

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.

Eversafe Rubber Bhd's adjusted revenue per share data of for the fiscal year that ended in Dec23 was RM0.484. 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 RM0.54 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversafe Rubber Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eversafe Rubber 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.

Eversafe Rubber Bhd Cyclically Adjusted PS Ratio Chart

Eversafe Rubber 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 - - - 0.38 0.39

Eversafe Rubber Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 0.39 - -

Competitive Comparison of Eversafe Rubber Bhd's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Eversafe Rubber 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.


Eversafe Rubber Bhd's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eversafe Rubber Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Eversafe Rubber 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.

Eversafe Rubber Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.18/0.54
=0.33

* 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.

Eversafe Rubber Bhd's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Eversafe Rubber Bhd'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)
=0.484/129.4194*129.4194
=0.484

Current CPI (Dec23) = 129.4194.

Eversafe Rubber Bhd Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.338 99.070 0.442
201512 0.313 99.792 0.406
201612 0.642 101.863 0.816
201712 0.401 104.011 0.499
201812 0.467 105.998 0.570
201912 0.485 108.420 0.579
202012 0.430 109.897 0.506
202112 0.477 117.630 0.525
202212 0.602 125.222 0.622
202312 0.484 129.419 0.484

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.


Eversafe Rubber Bhd  (XKLS:0190) 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.


Eversafe Rubber Bhd Cyclically Adjusted PS Ratio Related Terms

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


Eversafe Rubber Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 94, Lebuh Portland, Tasek Industrial Estate, Ipoh, PRK, MYS, 31400
Eversafe Rubber Bhd is a rubber product manufacturing company. It is engaged in the development, manufacturing, and distribution of tyre retreading materials and tyre retreading operations. The group has a single reporting segment being Manufacturing and Sale of Rubber-based tyre retread products. It derives the majority of its geographical segment revenue from Malaysia.

Eversafe Rubber Bhd Headlines

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