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Southern Steel Bhd (XKLS:5665) Cyclically Adjusted PS Ratio : 0.09 (As of May. 27, 2024)


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What is Southern Steel Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Southern Steel Bhd's current share price is RM0.575. Southern Steel Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM6.19. Southern Steel Bhd's Cyclically Adjusted PS Ratio for today is 0.09.

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

XKLS:5665' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.1   Max: 0.13
Current: 0.09

During the past years, Southern Steel Bhd's highest Cyclically Adjusted PS Ratio was 0.13. The lowest was 0.07. And the median was 0.10.

XKLS:5665's Cyclically Adjusted PS Ratio is ranked better than
94.79% of 518 companies
in the Steel industry
Industry Median: 0.48 vs XKLS:5665: 0.09

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.

Southern Steel Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.925. 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 RM6.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Steel Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Southern Steel 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.

Southern Steel Bhd Cyclically Adjusted PS Ratio Chart

Southern Steel Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.10 0.08

Southern Steel 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 0.08 0.08 0.09 0.10 0.09

Competitive Comparison of Southern Steel Bhd's Cyclically Adjusted PS Ratio

For the Steel subindustry, Southern Steel 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.


Southern Steel Bhd's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Southern Steel 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.

Southern Steel Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.575/6.19
=0.09

* 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.

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

For example, Southern Steel 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)
=0.925/131.7762*131.7762
=0.925

Current CPI (Mar. 2024) = 131.7762.

Southern Steel Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.941 100.560 2.544
201409 1.404 100.428 1.842
201412 1.509 99.070 2.007
201503 1.610 99.621 2.130
201506 1.456 100.684 1.906
201509 1.413 100.392 1.855
201512 1.481 99.792 1.956
201603 1.421 100.470 1.864
201606 1.409 101.688 1.826
201609 0.983 101.861 1.272
201612 1.227 101.863 1.587
201703 1.118 102.862 1.432
201706 1.132 103.349 1.443
201709 1.514 104.136 1.916
201712 2.211 104.011 2.801
201803 2.202 105.290 2.756
201806 2.049 106.317 2.540
201809 1.715 106.507 2.122
201812 1.867 105.998 2.321
201903 1.614 107.251 1.983
201906 1.607 108.070 1.960
201909 1.508 108.329 1.834
201912 1.359 108.420 1.652
202003 0.933 108.902 1.129
202006 0.334 108.767 0.405
202009 0.745 109.815 0.894
202012 0.746 109.897 0.895
202103 0.827 111.754 0.975
202106 0.601 114.631 0.691
202109 0.817 115.734 0.930
202112 1.093 117.630 1.224
202203 0.991 121.301 1.077
202206 0.971 125.017 1.023
202209 0.963 125.227 1.013
202212 0.970 125.222 1.021
202303 1.093 127.348 1.131
202306 0.976 128.729 0.999
202309 1.009 129.860 1.024
202312 0.950 129.419 0.967
202403 0.925 131.776 0.925

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.


Southern Steel Bhd  (XKLS:5665) 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.


Southern Steel Bhd Cyclically Adjusted PS Ratio Related Terms

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


Southern Steel Bhd (XKLS:5665) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2435, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600
Southern Steel Bhd is an investment holding company. The company's operating segment includes Steel products and Investment holding and others and Hot rolled coil operations. Its Steel products segment includes manufacturing, sale, and trading in billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products. Geographically, the group has its business in the regions of Malaysia, Taiwan, Papua New Guinea , Philippines, Bangladesh, Japan, Singapore, Indonesia, the United States of America, Australian and others of which majority of the revenue is derived from the Malaysia region.

Southern Steel Bhd (XKLS:5665) Headlines

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