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Solid Automotive Bhd (XKLS:5242) Cyclically Adjusted Revenue per Share : RM0.53 (As of Jan. 2024)


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What is Solid Automotive 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.

Solid Automotive Bhd's adjusted revenue per share for the three months ended in Jan. 2024 was RM0.163. 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 RM0.53 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Solid Automotive Bhd's average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 (2024-06-09), Solid Automotive Bhd's current stock price is RM0.195. Solid Automotive Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was RM0.53. Solid Automotive Bhd's Cyclically Adjusted PS Ratio of today is 0.37.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Solid Automotive Bhd was 0.41. The lowest was 0.34. And the median was 0.36.


Solid Automotive Bhd Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Solid Automotive 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.

Solid Automotive Bhd Cyclically Adjusted Revenue per Share Chart

Solid Automotive Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.51

Solid Automotive 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 0.50 0.51 0.52 0.53 0.53

Competitive Comparison of Solid Automotive Bhd's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Solid Automotive 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.


Solid Automotive Bhd's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Solid Automotive 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, Solid Automotive 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)
=0.163/130.1244*130.1244
=0.163

Current CPI (Jan. 2024) = 130.1244.

Solid Automotive Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.081 100.023 0.105
201407 0.090 100.520 0.117
201410 0.104 100.176 0.135
201501 0.098 98.604 0.129
201504 0.089 99.824 0.116
201507 0.077 100.691 0.100
201510 0.086 100.346 0.112
201601 0.059 99.957 0.077
201604 0.076 100.947 0.098
201607 0.062 101.524 0.079
201610 0.064 101.988 0.082
201701 0.061 102.456 0.077
201704 0.065 103.167 0.082
201707 0.064 103.278 0.081
201710 0.061 104.070 0.076
201801 0.073 104.578 0.091
201804 0.065 105.708 0.080
201807 0.064 106.324 0.078
201810 0.078 106.695 0.095
201901 0.092 106.200 0.113
201904 0.133 107.818 0.161
201907 0.147 108.250 0.177
201910 0.162 108.577 0.194
202001 0.143 108.841 0.171
202004 0.093 108.173 0.112
202007 0.175 109.318 0.208
202010 0.188 109.861 0.223
202101 0.164 110.364 0.193
202104 0.145 112.673 0.167
202107 0.113 115.183 0.128
202110 0.146 116.696 0.163
202201 0.160 118.619 0.176
202204 0.156 121.978 0.166
202207 0.177 125.002 0.184
202210 0.171 125.734 0.177
202301 0.159 126.223 0.164
202304 0.160 127.992 0.163
202307 0.159 128.974 0.160
202310 0.161 129.810 0.161
202401 0.163 130.124 0.163

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


Solid Automotive Bhd  (XKLS:5242) 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.

Solid Automotive Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.195/0.53
=0.37

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Solid Automotive Bhd was 0.41. The lowest was 0.34. And the median was 0.36.


Be Aware

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


Solid Automotive Bhd Cyclically Adjusted Revenue per Share Related Terms

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


Solid Automotive Bhd (XKLS:5242) Business Description

Traded in Other Exchanges
N/A
Address
PLO 436, Jalan Gangsa, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company's operating segment includes Automotive electrical parts; Automotive engine and mechanical parts and Others. It generates maximum revenue from the Automotive electrical parts segment. Automotive electrical parts segment is involved in the trading and distribution of automotive batteries, lubricants, industrial supplies, electrical parts, and components. Geographically, it derives a majority of revenue from Malaysia and also has a presence in the Middle East and Africa and Other Countries.

Solid Automotive Bhd (XKLS:5242) Headlines

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