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Riverstone Holdings (SGX:AP4) Cyclically Adjusted PS Ratio : 4.02 (As of May. 15, 2024)


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What is Riverstone Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Riverstone Holdings's current share price is S$0.885. Riverstone Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was S$0.22. Riverstone Holdings's Cyclically Adjusted PS Ratio for today is 4.02.

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

SGX:AP4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.48   Med: 3.72   Max: 8.5
Current: 3.86

During the past years, Riverstone Holdings's highest Cyclically Adjusted PS Ratio was 8.50. The lowest was 2.48. And the median was 3.72.

SGX:AP4's Cyclically Adjusted PS Ratio is ranked worse than
63.79% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.18 vs SGX:AP4: 3.86

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.

Riverstone Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was S$0.048. 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 S$0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riverstone Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Riverstone Holdings'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.

Riverstone Holdings Cyclically Adjusted PS Ratio Chart

Riverstone Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 - 3.92 2.96 3.19

Riverstone Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 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 2.81 2.85 2.72 3.19 3.81

Competitive Comparison of Riverstone Holdings's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Riverstone Holdings'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.


Riverstone Holdings's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Riverstone Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Riverstone Holdings 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.

Riverstone Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.885/0.22
=4.02

* 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.

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

For example, Riverstone Holdings'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)
=0.048/129.4194*129.4194
=0.048

Current CPI (Mar. 2024) = 129.4194.

Riverstone Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.025 98.790 0.033
201312 0.024 98.326 0.032
201403 0.023 99.695 0.030
201406 0.025 100.560 0.032
201409 0.027 100.428 0.035
201412 0.029 99.070 0.038
201503 0.032 99.621 0.042
201506 0.031 100.684 0.040
201509 0.033 100.392 0.043
201512 0.034 99.792 0.044
201603 0.034 100.470 0.044
201606 0.035 101.688 0.045
201609 0.037 101.861 0.047
201612 0.040 101.863 0.051
201703 0.044 102.862 0.055
201706 0.047 103.349 0.059
201709 0.041 104.136 0.051
201712 0.047 104.011 0.058
201803 0.048 105.290 0.059
201806 0.049 106.317 0.060
201809 0.054 106.507 0.066
201812 0.057 105.998 0.070
201903 0.054 107.251 0.065
201906 0.053 108.070 0.063
201909 0.056 108.329 0.067
201912 0.057 108.420 0.068
202006 0.000 108.767 0.000
202012 0.000 109.897 0.000
202106 0.000 114.631 0.000
202109 0.142 115.734 0.159
202112 0.090 117.630 0.099
202203 0.088 121.301 0.094
202206 0.075 125.017 0.078
202209 0.057 125.227 0.059
202212 0.049 125.222 0.051
202303 0.048 127.348 0.049
202306 0.044 128.729 0.044
202309 0.044 129.860 0.044
202312 0.044 129.419 0.044
202403 0.048 129.419 0.048

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.


Riverstone Holdings  (SGX:AP4) 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.


Riverstone Holdings Cyclically Adjusted PS Ratio Related Terms

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


Riverstone Holdings (SGX:AP4) Business Description

Traded in Other Exchanges
N/A
Address
80 Robinson Road, No. 02-00, Singapore, SGP, 068898
Riverstone Holdings Ltd is an investment holding company. The company is engaged in the manufacture and sale of gloves and non-glove consumables such as finger cots, static shielding bags, face masks, wipers, and packaging materials. The group's products are widely qualified and used in the Hard Disk Drive, semiconductor, and healthcare industries. It operates in three segments based on its geography: Malaysia, Thailand, China, and Others, of which the majority of its revenue comes from Malaysia.

Riverstone Holdings (SGX:AP4) Headlines

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