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MK Land Holdings Bhd (XKLS:8893) Cyclically Adjusted PS Ratio : 0.88 (As of Jun. 05, 2024)


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What is MK Land Holdings Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-05), MK Land Holdings Bhd's current share price is RM0.21. MK Land Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM0.24. MK Land Holdings Bhd's Cyclically Adjusted PS Ratio for today is 0.88.

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

XKLS:8893' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.64   Max: 1.04
Current: 0.87

During the past years, MK Land Holdings Bhd's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.48. And the median was 0.64.

XKLS:8893's Cyclically Adjusted PS Ratio is ranked better than
66.81% of 1368 companies
in the Real Estate industry
Industry Median: 1.735 vs XKLS:8893: 0.87

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.

MK Land Holdings Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.032. 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 RM0.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MK Land Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MK Land Holdings 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.

MK Land Holdings Bhd Cyclically Adjusted PS Ratio Chart

MK Land Holdings 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 - - 0.67 0.52 0.55

MK Land Holdings 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 0.57 0.55 0.97 0.93 0.90

Competitive Comparison of MK Land Holdings Bhd's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, MK Land Holdings 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.


MK Land Holdings Bhd's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MK Land Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MK Land Holdings Bhd's Cyclically Adjusted PS Ratio falls into.



MK Land Holdings 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.

MK Land Holdings Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.21/0.24
=0.88

* 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.

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

For example, MK Land Holdings 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)
=0.032/131.7762*131.7762
=0.032

Current CPI (Mar. 2024) = 131.7762.

MK Land Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.074 100.560 0.097
201409 0.089 100.428 0.117
201412 0.096 99.070 0.128
201503 0.088 99.621 0.116
201506 0.132 100.684 0.173
201509 0.061 100.392 0.080
201512 0.068 99.792 0.090
201603 0.062 100.470 0.081
201606 0.054 101.688 0.070
201609 0.053 101.861 0.069
201612 0.043 101.863 0.056
201703 0.020 102.862 0.026
201706 0.045 103.349 0.057
201709 0.034 104.136 0.043
201712 0.051 104.011 0.065
201803 0.028 105.290 0.035
201806 0.033 106.317 0.041
201809 0.041 106.507 0.051
201812 0.038 105.998 0.047
201903 0.043 107.251 0.053
201906 0.021 108.070 0.026
201909 0.045 108.329 0.055
201912 0.038 108.420 0.046
202003 0.057 108.902 0.069
202006 0.028 108.767 0.034
202009 0.050 109.815 0.060
202012 0.045 109.897 0.054
202103 0.042 111.754 0.050
202106 0.017 114.631 0.020
202109 0.039 115.734 0.044
202112 0.035 117.630 0.039
202203 0.042 121.301 0.046
202206 0.049 125.017 0.052
202209 0.025 125.227 0.026
202212 0.046 125.222 0.048
202303 0.050 127.348 0.052
202306 0.057 128.729 0.058
202309 0.038 129.860 0.039
202312 0.059 129.419 0.060
202403 0.032 131.776 0.032

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.


MK Land Holdings Bhd  (XKLS:8893) 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.


MK Land Holdings Bhd Cyclically Adjusted PS Ratio Related Terms

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


MK Land Holdings Bhd (XKLS:8893) Business Description

Traded in Other Exchanges
N/A
Address
Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

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