Kein Hing International Bhd (XKLS:7199) Cyclically Adjusted PS Ratio : 0.56 (As of Jun. 20, 2024)

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What is Kein Hing International Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Kein Hing International Bhd's current share price is RM1.45. Kein Hing International Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was RM2.59. Kein Hing International Bhd's Cyclically Adjusted PS Ratio for today is 0.56.

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

XKLS:7199' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.52 Max: 1.16
Current: 0.56

During the past years, Kein Hing International Bhd's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.38. And the median was 0.52.

XKLS:7199's Cyclically Adjusted PS Ratio is ranked better than
78.17% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs XKLS:7199: 0.56

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.

Kein Hing International Bhd's adjusted revenue per share data for the three months ended in Jan. 2024 was RM0.692. 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 RM2.59 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Kein Hing International Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kein Hing International 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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Kein Hing International Bhd Cyclically Adjusted PS Ratio Chart

Kein Hing International Bhd Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cyclically Adjusted PS Ratio

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0.50

0.55

Kein Hing International Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															0.88	0.55	0.54	0.57	0.55

Competitive Comparison of Kein Hing International Bhd's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Kein Hing International 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.

Kein Hing International Bhd's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kein Hing International Bhd's Cyclically Adjusted PS Ratio falls into.

Kein Hing International 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.

Kein Hing International Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	1.45	/	2.59
	=	0.56

Kein Hing International Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Kein Hing International Bhd's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Jan. 2024 (Change)	*	Current CPI (Jan. 2024)
	=	0.692	/	130.1244	*	130.1244
	=	0.692

Current CPI (Jan. 2024) = 130.1244.

Kein Hing International Bhd Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201404	0.308	100.023	0.401
201407	0.445	100.520	0.576
201410	0.449	100.176	0.583
201501	0.424	98.604	0.560
201504	0.385	99.824	0.502
201507	0.459	100.691	0.593
201510	0.545	100.346	0.707
201601	0.540	99.957	0.703
201604	0.448	100.947	0.577
201607	0.500	101.524	0.641
201610	0.523	101.988	0.667
201701	0.487	102.456	0.619
201704	0.732	103.167	0.923
201707	0.000	103.278	0.000
201710	0.000	104.070	0.000
201801	0.550	104.578	0.684
201804	0.467	105.708	0.575
201807	0.550	106.324	0.673
201810	0.569	106.695	0.694
201901	0.523	106.200	0.641
201904	0.459	107.818	0.554
201907	0.540	108.250	0.649
201910	0.509	108.577	0.610
202001	0.476	108.841	0.569
202004	0.282	108.173	0.339
202007	0.490	109.318	0.583
202010	0.614	109.861	0.727
202101	0.608	110.364	0.717
202104	0.557	112.673	0.643
202107	0.420	115.183	0.474
202110	0.690	116.696	0.769
202201	0.741	118.619	0.813
202204	0.612	121.978	0.653
202207	0.743	125.002	0.773
202210	0.926	125.734	0.958
202301	0.751	126.223	0.774
202304	0.582	127.992	0.592
202307	0.740	128.974	0.747
202310	0.688	129.810	0.690
202401	0.692	130.124	0.692

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.

Kein Hing International Bhd (XKLS:7199) 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.

Kein Hing International Bhd Cyclically Adjusted PS Ratio Related Terms

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

Kein Hing International Bhd (XKLS:7199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kein Hing International Bhd (XKLS:7199) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 1863, Jalan Kolej, Seri Kembangan, SGR, MYS, 43300

Website

http://www.keinhing.com

Kein Hing International Bhd is a Malaysia based investment holding company. The company's operating segment includes Manufacturing; Trading and Investment holding. It generates maximum revenue from the Manufacturing segment. Manufacturing segment includes sheet metal forming, precision machining, component assembly and manufacture and sale of gas appliances. Geographically, it derives a majority of its revenue is from Vietnam and also has a presence in Malaysia; America; Europe; Hong Kong; Thailand; Australia; Brazil and Other Countries.

Kein Hing International Bhd (XKLS:7199) Headlines

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