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Hiap Teck Venture Bhd (XKLS:5072) Cyclically Adjusted Revenue per Share : RM1.19 (As of Jan. 2024)


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What is Hiap Teck Venture 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.

Hiap Teck Venture Bhd's adjusted revenue per share for the three months ended in Jan. 2024 was RM0.264. 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 RM1.19 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Hiap Teck Venture Bhd's average Cyclically Adjusted Revenue Growth Rate was -4.80% 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 (2024-05-27), Hiap Teck Venture Bhd's current stock price is RM0.42. Hiap Teck Venture Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was RM1.19. Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hiap Teck Venture Bhd was 0.53. The lowest was 0.16. And the median was 0.32.


Hiap Teck Venture Bhd Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hiap Teck Venture 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.

Hiap Teck Venture Bhd Cyclically Adjusted Revenue per Share Chart

Hiap Teck Venture Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.28 1.29 1.22

Hiap Teck Venture 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 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 1.25 1.24 1.22 1.21 1.19

Competitive Comparison of Hiap Teck Venture Bhd's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Hiap Teck Venture 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.


Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio falls into.



Hiap Teck Venture 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, Hiap Teck Venture 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)
=0.264/130.1244*130.1244
=0.264

Current CPI (Jan. 2024) = 130.1244.

Hiap Teck Venture Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.411 100.023 0.535
201407 0.399 100.520 0.517
201410 0.410 100.176 0.533
201501 0.420 98.604 0.554
201504 0.472 99.824 0.615
201507 0.440 100.691 0.569
201510 0.445 100.346 0.577
201601 0.386 99.957 0.502
201604 0.222 100.947 0.286
201607 0.203 101.524 0.260
201610 0.204 101.988 0.260
201701 0.207 102.456 0.263
201704 0.231 103.167 0.291
201707 0.175 103.278 0.220
201710 0.193 104.070 0.241
201801 0.230 104.578 0.286
201804 0.181 105.708 0.223
201807 0.244 106.324 0.299
201810 0.208 106.695 0.254
201901 0.186 106.200 0.228
201904 0.223 107.818 0.269
201907 0.136 108.250 0.163
201910 0.213 108.577 0.255
202001 0.200 108.841 0.239
202004 0.124 108.173 0.149
202007 0.093 109.318 0.111
202010 0.150 109.861 0.178
202101 0.227 110.364 0.268
202104 0.207 112.673 0.239
202107 0.094 115.183 0.106
202110 0.220 116.696 0.245
202201 0.181 118.619 0.199
202204 0.263 121.978 0.281
202207 0.220 125.002 0.229
202210 0.228 125.734 0.236
202301 0.207 126.223 0.213
202304 0.214 127.992 0.218
202307 0.260 128.974 0.262
202310 0.234 129.810 0.235
202401 0.264 130.124 0.264

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


Hiap Teck Venture Bhd  (XKLS:5072) 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.

Hiap Teck Venture Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.42/1.19
=0.35

* 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 Hiap Teck Venture Bhd was 0.53. The lowest was 0.16. And the median was 0.32.


Be Aware

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


Hiap Teck Venture Bhd Cyclically Adjusted Revenue per Share Related Terms

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


Hiap Teck Venture Bhd (XKLS:5072) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050
Hiap Teck Venture Bhd is a Malaysia-based company. It has five segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; and the Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore. It generates a vast majority of the revenues from the Trading segment within Malaysia.

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