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Hiap Teck Venture Bhd (XKLS:5072) Cyclically Adjusted PS Ratio : 0.25 (As of Jun. 03, 2025)


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What is Hiap Teck Venture Bhd Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Hiap Teck Venture Bhd's current share price is RM0.27. Hiap Teck Venture Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 was RM1.09. Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio for today is 0.25.

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

XKLS:5072' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.31   Max: 0.53
Current: 0.25

During the past years, Hiap Teck Venture Bhd's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.12. And the median was 0.31.

XKLS:5072's Cyclically Adjusted PS Ratio is ranked better than
72.14% of 481 companies
in the Steel industry
Industry Median: 0.43 vs XKLS:5072: 0.25

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.

Hiap Teck Venture Bhd's adjusted revenue per share data for the three months ended in Jan. 2025 was RM0.200. 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 RM1.09 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hiap Teck Venture Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hiap Teck Venture 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.

Hiap Teck Venture Bhd Cyclically Adjusted PS Ratio Chart

Hiap Teck Venture Bhd Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.40 0.22 0.28 0.37

Hiap Teck Venture Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.32 0.34 0.37 0.27 0.30

Competitive Comparison of Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio

For the Steel subindustry, Hiap Teck Venture 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.


Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio falls into.


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Hiap Teck Venture 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.

Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.27/1.09
=0.25

* 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.

Hiap Teck Venture Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Hiap Teck Venture Bhd's adjusted Revenue per Share data for the three months ended in Jan. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.2/134.0288*134.0288
=0.200

Current CPI (Jan. 2025) = 134.0288.

Hiap Teck Venture Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201504 0.472 99.824 0.634
201507 0.440 100.691 0.586
201510 0.445 100.346 0.594
201601 0.386 99.957 0.518
201604 0.222 100.947 0.295
201607 0.203 101.524 0.268
201610 0.204 101.988 0.268
201701 0.207 102.456 0.271
201704 0.231 103.167 0.300
201707 0.175 103.278 0.227
201710 0.193 104.070 0.249
201801 0.230 104.578 0.295
201804 0.181 105.708 0.229
201807 0.244 106.324 0.308
201810 0.208 106.695 0.261
201901 0.186 106.200 0.235
201904 0.223 107.818 0.277
201907 0.136 108.250 0.168
201910 0.213 108.577 0.263
202001 0.200 108.841 0.246
202004 0.124 108.173 0.154
202007 0.093 109.318 0.114
202010 0.150 109.861 0.183
202101 0.227 110.364 0.276
202104 0.207 112.673 0.246
202107 0.094 115.183 0.109
202110 0.220 116.696 0.253
202201 0.181 118.619 0.205
202204 0.263 121.978 0.289
202207 0.220 125.002 0.236
202210 0.228 125.734 0.243
202301 0.207 126.223 0.220
202304 0.214 127.992 0.224
202307 0.260 128.974 0.270
202310 0.234 129.810 0.242
202401 0.264 130.124 0.272
202404 0.229 132.289 0.232
202407 0.239 132.708 0.241
202410 0.231 133.182 0.232
202501 0.200 134.029 0.200

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.


Hiap Teck Venture Bhd  (XKLS:5072) 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.


Hiap Teck Venture Bhd Cyclically Adjusted PS Ratio Related Terms

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


Hiap Teck Venture Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050
Hiap Teck Venture Bhd is a Malaysia-based company. It has six segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore; and Selling of Elecricity. It generates a vast majority of the revenues from the Trading segment.

Hiap Teck Venture Bhd Headlines

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