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Apex Equity Holdings Bhd (XKLS:5088) Cyclically Adjusted PS Ratio : 4.17 (As of Jun. 20, 2024)


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What is Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Apex Equity Holdings Bhd's current share price is RM1.21. Apex Equity Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM0.29. Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio for today is 4.17.

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

XKLS:5088' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3   Med: 3.66   Max: 4.33
Current: 4.33

During the past years, Apex Equity Holdings Bhd's highest Cyclically Adjusted PS Ratio was 4.33. The lowest was 3.00. And the median was 3.66.

XKLS:5088's Cyclically Adjusted PS Ratio is ranked worse than
60.83% of 605 companies
in the Capital Markets industry
Industry Median: 3.1 vs XKLS:5088: 4.33

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.

Apex Equity Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.063. 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 RM0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Apex Equity 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.

Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio Chart

Apex Equity Holdings 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 - - 3.85 4.06 3.77

Apex Equity 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 4.07 4.03 3.87 3.77 3.56

Competitive Comparison of Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Apex Equity 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.


Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Apex Equity 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.

Apex Equity Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.21/0.29
=4.17

* 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.

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

For example, Apex Equity 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)
=0.063/131.7762*131.7762
=0.063

Current CPI (Mar. 2024) = 131.7762.

Apex Equity Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.094 100.560 0.123
201409 0.106 100.428 0.139
201412 0.053 99.070 0.070
201503 0.049 99.621 0.065
201506 0.049 100.684 0.064
201509 0.056 100.392 0.074
201512 0.062 99.792 0.082
201603 0.038 100.470 0.050
201606 0.043 101.688 0.056
201609 0.048 101.861 0.062
201612 0.044 101.863 0.057
201703 0.060 102.862 0.077
201706 0.059 103.349 0.075
201709 0.045 104.136 0.057
201712 0.044 104.011 0.056
201803 0.051 105.290 0.064
201806 0.047 106.317 0.058
201809 0.051 106.507 0.063
201812 0.036 105.998 0.045
201903 0.046 107.251 0.057
201906 0.041 108.070 0.050
201909 0.040 108.329 0.049
201912 0.041 108.420 0.050
202003 0.048 108.902 0.058
202006 0.063 108.767 0.076
202009 0.091 109.815 0.109
202012 0.081 109.897 0.097
202103 0.081 111.754 0.096
202106 0.067 114.631 0.077
202109 0.239 115.734 0.272
202112 0.050 117.630 0.056
202203 0.049 121.301 0.053
202206 0.038 125.017 0.040
202209 0.043 125.227 0.045
202212 0.047 125.222 0.049
202303 0.052 127.348 0.054
202306 0.052 128.729 0.053
202309 0.057 129.860 0.058
202312 0.065 129.419 0.066
202403 0.063 131.776 0.063

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.


Apex Equity Holdings Bhd  (XKLS:5088) 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.


Apex Equity Holdings Bhd Cyclically Adjusted PS Ratio Related Terms

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


Apex Equity Holdings Bhd (XKLS:5088) Business Description

Traded in Other Exchanges
N/A
Address
Off Jalan Semenyih, Bukit Mewah, 6th Floor, Menara Apex, Kajang, SGR, MYS, 43000
Apex Equity Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in the business of investment holding and trading in marketable securities. The Group is organised into four main business segments. Investment holdings and others, Stock and futures broking segment, Property holdings and property development and Money lending. The group generates a majority of its revenue from the Stock and futures broking segment. The company operates geographically in Malaysia.

Apex Equity Holdings Bhd (XKLS:5088) Headlines

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