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Icon Offshore Bhd (XKLS:5255) Cyclically Adjusted PS Ratio : 0.02 (As of May. 21, 2024)


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What is Icon Offshore Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Icon Offshore Bhd's current share price is RM0.75. Icon Offshore Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM42.72. Icon Offshore Bhd's Cyclically Adjusted PS Ratio for today is 0.02.

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

XKLS:5255' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.02

During the past years, Icon Offshore Bhd's highest Cyclically Adjusted PS Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

XKLS:5255's Cyclically Adjusted PS Ratio is ranked better than
98.15% of 758 companies
in the Oil & Gas industry
Industry Median: 0.89 vs XKLS:5255: 0.02

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.

Icon Offshore Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.078. 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 RM42.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Icon Offshore Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Icon Offshore 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.

Icon Offshore Bhd Cyclically Adjusted PS Ratio Chart

Icon Offshore 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 - - - 0.01 0.01

Icon Offshore Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Icon Offshore Bhd's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Icon Offshore 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.


Icon Offshore Bhd's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Icon Offshore Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Icon Offshore 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.

Icon Offshore Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.75/42.72
=0.02

* 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.

Icon Offshore Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Icon Offshore Bhd's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.078/129.4194*129.4194
=0.078

Current CPI (Dec. 2023) = 129.4194.

Icon Offshore Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 17.003 99.695 22.073
201406 35.393 100.560 45.551
201409 34.434 100.428 44.374
201412 16.371 99.070 21.386
201503 13.505 99.621 17.545
201506 14.562 100.684 18.718
201509 14.665 100.392 18.905
201512 13.876 99.792 17.996
201603 11.007 100.470 14.178
201606 12.504 101.688 15.914
201609 13.378 101.861 16.997
201612 11.298 101.863 14.354
201703 8.799 102.862 11.071
201706 11.659 103.349 14.600
201709 12.345 104.136 15.342
201712 10.651 104.011 13.253
201803 10.206 105.290 12.545
201806 11.294 106.317 13.748
201809 10.987 106.507 13.351
201812 9.931 105.998 12.125
201903 8.870 107.251 10.703
201906 10.649 108.070 12.753
201909 11.755 108.329 14.044
201912 11.423 108.420 13.635
202003 0.160 108.902 0.190
202006 0.135 108.767 0.161
202009 0.115 109.815 0.136
202012 0.102 109.897 0.120
202103 0.107 111.754 0.124
202106 0.152 114.631 0.172
202109 0.162 115.734 0.181
202112 0.149 117.630 0.164
202203 0.124 121.301 0.132
202206 0.147 125.017 0.152
202209 0.145 125.227 0.150
202212 -0.059 125.222 -0.061
202303 0.080 127.348 0.081
202306 0.103 128.729 0.104
202309 0.108 129.860 0.108
202312 0.078 129.419 0.078

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.


Icon Offshore Bhd  (XKLS:5255) 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.


Icon Offshore Bhd Cyclically Adjusted PS Ratio Related Terms

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


Icon Offshore Bhd (XKLS:5255) Business Description

Industry
Traded in Other Exchanges
N/A
Address
207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450
Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

Icon Offshore Bhd (XKLS:5255) Headlines

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