Asia File Bhd (XKLS:7129) Cyclically Adjusted PS Ratio : 1.12 (As of Jun. 20, 2024)

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What is Asia File Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Asia File Bhd's current share price is RM2.29. Asia File Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM2.05. Asia File Bhd's Cyclically Adjusted PS Ratio for today is 1.12.

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

XKLS:7129' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81 Med: 0.93 Max: 1.26
Current: 1.12

During the past years, Asia File Bhd's highest Cyclically Adjusted PS Ratio was 1.26. The lowest was 0.81. And the median was 0.93.

XKLS:7129's Cyclically Adjusted PS Ratio is ranked better than
58.66% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs XKLS:7129: 1.12

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.

Asia File Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.343. 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 RM2.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

Asia File Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia File 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.

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Asia File Bhd Cyclically Adjusted PS Ratio Chart

Asia File Bhd Annual Data

Trend

Mar14

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Mar20

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Mar22

Mar23

Cyclically Adjusted PS Ratio

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1.00

0.84

Asia File 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															0.84	0.84	0.85	0.92	1.01

Competitive Comparison of Asia File Bhd's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, Asia File 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.

Asia File Bhd's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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

Asia File 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.

Asia File Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	2.29	/	2.05
	=	1.12

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

For example, Asia File 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)
	=	0.343	/	129.4194	*	129.4194
	=	0.343

Current CPI (Dec. 2023) = 129.4194.

Asia File Bhd Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201403	0.563	99.695	0.731
201406	0.548	100.560	0.705
201409	0.483	100.428	0.622
201412	0.473	99.070	0.618
201503	0.513	99.621	0.666
201506	0.488	100.684	0.627
201509	0.520	100.392	0.670
201512	0.510	99.792	0.661
201603	0.502	100.470	0.647
201606	0.468	101.688	0.596
201609	0.425	101.861	0.540
201612	0.457	101.863	0.581
201703	0.467	102.862	0.588
201706	0.467	103.349	0.585
201709	0.450	104.136	0.559
201712	0.459	104.011	0.571
201803	0.430	105.290	0.529
201806	0.433	106.317	0.527
201809	0.429	106.507	0.521
201812	0.408	105.998	0.498
201903	0.414	107.251	0.500
201906	0.398	108.070	0.477
201909	0.376	108.329	0.449
201912	0.368	108.420	0.439
202003	0.363	108.902	0.431
202006	0.229	108.767	0.272
202009	0.342	109.815	0.403
202012	0.358	109.897	0.422
202103	0.396	111.754	0.459
202106	0.416	114.631	0.470
202109	0.393	115.734	0.439
202112	0.403	117.630	0.443
202203	0.447	121.301	0.477
202206	0.451	125.017	0.467
202209	0.392	125.227	0.405
202212	0.380	125.222	0.393
202303	0.399	127.348	0.405
202306	0.386	128.729	0.388
202309	0.403	129.860	0.402
202312	0.343	129.419	0.343

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.

Asia File Bhd (XKLS:7129) 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.

Asia File Bhd Cyclically Adjusted PS Ratio Related Terms

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

Asia File Bhd (XKLS:7129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia File Corp Bhd (XKLS:7129) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 16, Kawasan Perindustrian Bayan Lepas, Phase IV, Mukim 12, Bayan Lepas, PNG, MYS, 11900

Website

https://www.asia-file.com

Asia File Corp Bhd is a Malaysia-based investment holding company. Principally, it serves as a commission agent and provider of management services. The company is engaged in the manufacturing and trading of stationery products, colored paper, and boards. Some of its products include Plastic Folders, Sheet Protectors and Flat Files; Filing/Storage Boxes; Suspensions Files; Clipboards and Clipfolders; Lever Arch Files; Indexes and Dividers, and others. Its segments include Filing products and Consumer and food ware products, in which Filing products generate the majority of its revenue. Its geographical segments include Malaysia, Asia, Europe, America, and Other Countries, of which the majority of the revenue comes from Europe.

Asia File Bhd (XKLS:7129) Headlines

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