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Artroniq Bhd (XKLS:0038) Cyclically Adjusted PS Ratio : 0.44 (As of Apr. 27, 2024)


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What is Artroniq Bhd Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Artroniq Bhd's current share price is RM0.24. Artroniq Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM0.55. Artroniq Bhd's Cyclically Adjusted PS Ratio for today is 0.44.

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

XKLS:0038' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.05   Max: 2.33
Current: 0.44

During the past years, Artroniq Bhd's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.40. And the median was 1.05.

XKLS:0038's Cyclically Adjusted PS Ratio is ranked better than
74.38% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs XKLS:0038: 0.44

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.

Artroniq Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.028. 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 RM0.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artroniq Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Artroniq 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.

Artroniq Bhd Cyclically Adjusted PS Ratio Chart

Artroniq Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.13

Artroniq Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23 Dec23
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 0.85 0.89 1.30 1.44 1.58

Competitive Comparison of Artroniq Bhd's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Artroniq 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.


Artroniq Bhd's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artroniq Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Artroniq 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.

Artroniq Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.24/0.55
=0.44

* 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.

Artroniq Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Artroniq 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)
=0.028/129.4194*129.4194
=0.028

Current CPI (Dec. 2023) = 129.4194.

Artroniq Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.090 98.790 0.118
201312 0.081 98.326 0.107
201403 0.111 99.695 0.144
201406 0.084 100.560 0.108
201409 0.074 100.428 0.095
201412 0.072 99.070 0.094
201503 0.098 99.621 0.127
201506 0.073 100.684 0.094
201509 0.094 100.392 0.121
201512 0.106 99.792 0.137
201603 0.106 100.470 0.137
201606 0.105 101.688 0.134
201609 0.086 101.861 0.109
201612 0.086 101.863 0.109
201703 0.085 102.862 0.107
201706 0.069 103.349 0.086
201709 0.076 104.136 0.094
201712 0.084 104.011 0.105
201803 0.112 105.290 0.138
201806 0.095 106.317 0.116
201809 0.060 106.507 0.073
201812 0.043 105.998 0.053
201903 0.181 107.251 0.218
201906 0.108 108.070 0.129
201909 0.182 108.329 0.217
201912 0.129 108.420 0.154
202003 0.083 108.902 0.099
202006 0.114 108.767 0.136
202009 0.220 109.815 0.259
202012 0.263 109.897 0.310
202103 0.144 111.754 0.167
202106 0.212 114.631 0.239
202109 0.297 115.734 0.332
202112 0.278 117.630 0.306
202203 0.203 121.301 0.217
202206 0.106 125.017 0.110
202209 0.086 125.227 0.089
202303 0.031 127.348 0.032
202309 0.030 129.860 0.030
202312 0.028 129.419 0.028

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.


Artroniq Bhd  (XKLS:0038) 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.


Artroniq Bhd Cyclically Adjusted PS Ratio Related Terms

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


Artroniq Bhd (XKLS:0038) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 12, Jalan Pelukis U1/46B, Kawasan Perindustrian Temasya 18, Glenmarie, Shah Alam, SGR, MYS, 40150
Artroniq Bhd is an investment holding company. It operates in five segments: Trading of information and communication technology ('ICT') products; ICT-related services; Finance and investment consultation services; Management services; and Semiconductor. It generates maximum revenue from Trading of ICT products. The company operates in Malaysia, Asia, the Middle East, America, and others.

Artroniq Bhd (XKLS:0038) Headlines

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