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Fraser & Neave Holdings Bhd (XKLS:3689) Cyclically Adjusted PS Ratio : 2.30 (As of Jun. 17, 2024)


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What is Fraser & Neave Holdings Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Fraser & Neave Holdings Bhd's current share price is RM31.78. Fraser & Neave Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM13.84. Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio for today is 2.30.

The historical rank and industry rank for Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio or its related term are showing as below:

XKLS:3689' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.16   Max: 3.04
Current: 2.3

During the past years, Fraser & Neave Holdings Bhd's highest Cyclically Adjusted PS Ratio was 3.04. The lowest was 1.51. And the median was 2.16.

XKLS:3689's Cyclically Adjusted PS Ratio is ranked worse than
69.88% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.42 vs XKLS:3689: 2.30

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.

Fraser & Neave Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM3.686. 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 RM13.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraser & Neave Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fraser & Neave Holdings 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.

Fraser & Neave Holdings Bhd Cyclically Adjusted PS Ratio Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 2.76 2.21 1.66 1.86

Fraser & Neave Holdings 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 1.96 1.87 1.86 2.08 2.11

Competitive Comparison of Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Fraser & Neave Holdings 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.


Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio falls into.



Fraser & Neave Holdings 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.

Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.78/13.84
=2.30

* 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.

Fraser & Neave Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fraser & Neave Holdings 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)
=3.686/131.7762*131.7762
=3.686

Current CPI (Mar. 2024) = 131.7762.

Fraser & Neave Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.652 100.560 3.475
201409 2.637 100.428 3.460
201412 2.832 99.070 3.767
201503 2.566 99.621 3.394
201506 2.939 100.684 3.847
201509 2.879 100.392 3.779
201512 2.911 99.792 3.844
201603 2.754 100.470 3.612
201606 3.013 101.688 3.905
201609 2.659 101.861 3.440
201612 2.965 101.863 3.836
201703 2.698 102.862 3.456
201706 2.831 103.349 3.610
201709 2.660 104.136 3.366
201712 2.723 104.011 3.450
201803 2.609 105.290 3.265
201806 2.614 106.317 3.240
201809 2.578 106.507 3.190
201812 2.750 105.998 3.419
201903 2.786 107.251 3.423
201906 2.900 108.070 3.536
201909 2.658 108.329 3.233
201912 3.024 108.420 3.675
202003 2.733 108.902 3.307
202006 2.497 108.767 3.025
202009 2.597 109.815 3.116
202012 2.949 109.897 3.536
202103 2.972 111.754 3.504
202106 2.883 114.631 3.314
202109 2.442 115.734 2.780
202112 3.019 117.630 3.382
202203 3.013 121.301 3.273
202206 3.043 125.017 3.208
202209 3.097 125.227 3.259
202212 3.378 125.222 3.555
202303 3.289 127.348 3.403
202306 3.624 128.729 3.710
202309 3.387 129.860 3.437
202312 3.629 129.419 3.695
202403 3.686 131.776 3.686

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.


Fraser & Neave Holdings Bhd  (XKLS:3689) 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.


Fraser & Neave Holdings Bhd Cyclically Adjusted PS Ratio Related Terms

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


Fraser & Neave Holdings Bhd (XKLS:3689) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated, and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand, and operates through four main segments: F&B Malaysia, F&B Thailand, Property and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Fraser & Neave's core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N SEASONS, and F&N ICE MOUNTAIN. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree. The company derives majority of its revenue from South East Asia.

Fraser & Neave Holdings Bhd (XKLS:3689) Headlines

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