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Melewar Industrial Group Bhd (XKLS:3778) Cyclically Adjusted Revenue per Share : RM2.91 (As of Dec. 2023)


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What is Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Melewar Industrial Group Bhd's adjusted revenue per share for the three months ended in Dec. 2023 was RM0.495. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is RM2.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Melewar Industrial Group Bhd's average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-20), Melewar Industrial Group Bhd's current stock price is RM0.26. Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM2.91. Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Melewar Industrial Group Bhd was 0.17. The lowest was 0.07. And the median was 0.09.


Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share 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.

Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share Chart

Melewar Industrial Group Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.17 3.20 3.01

Melewar Industrial Group 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 Revenue per Share 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 2.98 2.93 3.01 2.98 2.91

Competitive Comparison of Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Melewar Industrial Group 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.


Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio falls into.



Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Melewar Industrial Group 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)
=0.495/129.4194*129.4194
=0.495

Current CPI (Dec. 2023) = 129.4194.

Melewar Industrial Group Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.716 99.695 0.929
201406 0.668 100.560 0.860
201409 0.695 100.428 0.896
201412 0.814 99.070 1.063
201503 0.739 99.621 0.960
201506 0.714 100.684 0.918
201509 0.598 100.392 0.771
201512 0.651 99.792 0.844
201603 0.673 100.470 0.867
201606 0.769 101.688 0.979
201609 0.832 101.861 1.057
201612 0.811 101.863 1.030
201703 0.910 102.862 1.145
201706 0.874 103.349 1.094
201709 0.792 104.136 0.984
201712 0.864 104.011 1.075
201803 0.897 105.290 1.103
201806 0.916 106.317 1.115
201809 0.686 106.507 0.834
201812 0.585 105.998 0.714
201903 0.435 107.251 0.525
201906 0.423 108.070 0.507
201909 0.512 108.329 0.612
201912 0.484 108.420 0.578
202003 0.406 108.902 0.482
202006 0.256 108.767 0.305
202009 0.434 109.815 0.511
202012 0.458 109.897 0.539
202103 0.545 111.754 0.631
202106 0.362 114.631 0.409
202109 0.412 115.734 0.461
202112 0.706 117.630 0.777
202203 0.491 121.301 0.524
202206 0.484 125.017 0.501
202209 0.338 125.227 0.349
202212 0.381 125.222 0.394
202303 0.359 127.348 0.365
202306 0.451 128.729 0.453
202309 0.457 129.860 0.455
202312 0.495 129.419 0.495

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Melewar Industrial Group Bhd  (XKLS:3778) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Melewar Industrial Group Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.26/2.91
=0.09

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Melewar Industrial Group Bhd was 0.17. The lowest was 0.07. And the median was 0.09.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Melewar Industrial Group Bhd Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Melewar Industrial Group Bhd's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Melewar Industrial Group Bhd (XKLS:3778) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200
Melewar Industrial Group Bhd operates in four segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group operates in Malaysia.

Melewar Industrial Group Bhd (XKLS:3778) Headlines

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