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Malaysia Smelting Bhd (XKLS:5916) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 23, 2024)


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What is Malaysia Smelting Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Malaysia Smelting Bhd's current share price is RM2.67. Malaysia Smelting Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM3.95. Malaysia Smelting Bhd's Cyclically Adjusted PS Ratio for today is 0.68.

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

XKLS:5916' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.38   Max: 1.33
Current: 0.68

During the past years, Malaysia Smelting Bhd's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.12. And the median was 0.38.

XKLS:5916's Cyclically Adjusted PS Ratio is ranked better than
72.64% of 2200 companies
in the Industrial Products industry
Industry Median: 1.4 vs XKLS:5916: 0.68

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.

Malaysia Smelting Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.963. 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 RM3.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malaysia Smelting Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Malaysia Smelting 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.

Malaysia Smelting Bhd Cyclically Adjusted PS Ratio Chart

Malaysia Smelting 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 0.20 0.36 0.82 0.39 0.51

Malaysia Smelting 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 0.39 0.49 0.49 0.56 0.51

Competitive Comparison of Malaysia Smelting Bhd's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Malaysia Smelting 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.


Malaysia Smelting Bhd's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Malaysia Smelting Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Malaysia Smelting 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.

Malaysia Smelting Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.67/3.95
=0.68

* 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.

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

For example, Malaysia Smelting 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)
=0.963/129.4194*129.4194
=0.963

Current CPI (Dec. 2023) = 129.4194.

Malaysia Smelting Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.073 99.695 1.393
201406 1.080 100.560 1.390
201409 1.316 100.428 1.696
201412 1.314 99.070 1.717
201503 0.954 99.621 1.239
201506 0.861 100.684 1.107
201509 0.960 100.392 1.238
201512 0.887 99.792 1.150
201603 1.021 100.470 1.315
201606 0.991 101.688 1.261
201609 0.808 101.861 1.027
201612 0.875 101.863 1.112
201703 1.017 102.862 1.280
201706 0.770 103.349 0.964
201709 1.008 104.136 1.253
201712 0.796 104.011 0.990
201803 0.892 105.290 1.096
201806 0.817 106.317 0.995
201809 0.774 106.507 0.941
201812 0.719 105.998 0.878
201903 0.769 107.251 0.928
201906 0.723 108.070 0.866
201909 0.511 108.329 0.610
201912 0.457 108.420 0.546
202003 0.513 108.902 0.610
202006 0.362 108.767 0.431
202009 0.577 109.815 0.680
202012 0.581 109.897 0.684
202103 0.690 111.754 0.799
202106 0.818 114.631 0.924
202109 0.528 115.734 0.590
202112 0.598 117.630 0.658
202203 0.856 121.301 0.913
202206 0.973 125.017 1.007
202209 0.819 125.227 0.846
202212 0.931 125.222 0.962
202303 0.810 127.348 0.823
202306 0.779 128.729 0.783
202309 0.867 129.860 0.864
202312 0.963 129.419 0.963

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.


Malaysia Smelting Bhd  (XKLS:5916) 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.


Malaysia Smelting Bhd Cyclically Adjusted PS Ratio Related Terms

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


Malaysia Smelting Bhd (XKLS:5916) Business Description

Traded in Other Exchanges
Address
Jalan Perigi Nanas 6/1, Pulau Indah Industrial Park, West Port, Pulau Indah, Lot 6, 8, 9, Port Klang, SGR, MYS, 42920
Malaysia Smelting Corp Bhd is an investment holding company. It operates in two segments: Tin smelting and Tin Mining. The majority of its revenue comes from the Tin Smelting segment, which includes the smelting of tin concentrates and tin-bearing materials, the production of various grades of refined tin metal, and the sale and delivery of refined tin metal and by-products.

Malaysia Smelting Bhd (XKLS:5916) Headlines

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