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Able Global Bhd (XKLS:7167) Cyclically Adjusted PS Ratio : 0.81 (As of Jan. 19, 2025)


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What is Able Global Bhd Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Able Global Bhd's current share price is RM1.84. Able Global Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was RM2.26. Able Global Bhd's Cyclically Adjusted PS Ratio for today is 0.81.

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

XKLS:7167' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.73   Max: 1
Current: 0.83

During the past years, Able Global Bhd's highest Cyclically Adjusted PS Ratio was 1.00. The lowest was 0.60. And the median was 0.73.

XKLS:7167's Cyclically Adjusted PS Ratio is ranked better than
51.35% of 1219 companies
in the Consumer Packaged Goods industry
Industry Median: 0.86 vs XKLS:7167: 0.83

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.

Able Global Bhd's adjusted revenue per share data for the three months ended in Sep. 2024 was RM0.631. 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 RM2.26 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Able Global Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Able Global 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.

Able Global Bhd Cyclically Adjusted PS Ratio Chart

Able Global 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 - - 0.87 0.68 0.70

Able Global Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.61 0.70 0.80 0.93 0.88

Competitive Comparison of Able Global Bhd's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Able Global 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.


Able Global Bhd's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Able Global 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.

Able Global Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.84/2.26
=0.81

* 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.

Able Global Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Able Global Bhd's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.631/133.0289*133.0289
=0.631

Current CPI (Sep. 2024) = 133.0289.

Able Global Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.426 99.070 0.572
201503 0.365 99.621 0.487
201506 0.457 100.684 0.604
201509 0.394 100.392 0.522
201512 0.463 99.792 0.617
201603 0.368 100.470 0.487
201606 1.236 101.688 1.617
201609 0.843 101.861 1.101
201612 0.476 101.863 0.622
201703 0.330 102.862 0.427
201706 0.427 103.349 0.550
201709 0.461 104.136 0.589
201712 0.298 104.011 0.381
201803 0.335 105.290 0.423
201806 0.372 106.317 0.465
201809 0.401 106.507 0.501
201812 0.506 105.998 0.635
201903 0.454 107.251 0.563
201906 0.456 108.070 0.561
201909 0.462 108.329 0.567
201912 0.495 108.420 0.607
202003 0.348 108.902 0.425
202006 0.371 108.767 0.454
202009 0.455 109.815 0.551
202012 0.450 109.897 0.545
202103 0.370 111.754 0.440
202106 0.392 114.631 0.455
202109 0.383 115.734 0.440
202112 0.480 117.630 0.543
202203 0.425 121.301 0.466
202206 0.495 125.017 0.527
202209 0.452 125.227 0.480
202212 0.415 125.222 0.441
202303 0.475 127.348 0.496
202306 0.508 128.729 0.525
202309 0.575 129.860 0.589
202312 0.549 129.419 0.564
202403 0.557 131.776 0.562
202406 0.583 132.554 0.585
202409 0.631 133.029 0.631

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.


Able Global Bhd  (XKLS:7167) 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.


Able Global Bhd Cyclically Adjusted PS Ratio Related Terms

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


Able Global Bhd Business Description

Traded in Other Exchanges
N/A
Address
PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300
Able Global Bhd is mainly engaged in investment holding and management services. The company operates in four main segments: Investment Holding, Tin Manufacturing, Property Development, and Food and Beverage. The Investment Holding segment provides investment holding and management services. The Tin Manufacturing segment is involved in the production of various tins, cans, and other containers. The Food and Beverage segment is responsible for manufacturing and selling milk and other dairy-related products. It derives the majority of its revenue from the Food and Beverage segment and has a presence in various countries including Malaysia, Africa, Central America, Europe, and Other Countries.

Able Global Bhd Headlines

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