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Kuwait Financial Centre-Markaz (KUW:MARKAZ) Cyclically Adjusted PS Ratio : 4.57 (As of May. 24, 2024)


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What is Kuwait Financial Centre-Markaz Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Kuwait Financial Centre-Markaz's current share price is KWD0.137. Kuwait Financial Centre-Markaz's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD0.03. Kuwait Financial Centre-Markaz's Cyclically Adjusted PS Ratio for today is 4.57.

The historical rank and industry rank for Kuwait Financial Centre-Markaz's Cyclically Adjusted PS Ratio or its related term are showing as below:

KUW:MARKAZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.6   Med: 4   Max: 6.32
Current: 4.35

During the past years, Kuwait Financial Centre-Markaz's highest Cyclically Adjusted PS Ratio was 6.32. The lowest was 2.60. And the median was 4.00.

KUW:MARKAZ's Cyclically Adjusted PS Ratio is ranked better than
67.2% of 869 companies
in the Asset Management industry
Industry Median: 7.6 vs KUW:MARKAZ: 4.35

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.

Kuwait Financial Centre-Markaz's adjusted revenue per share data for the three months ended in Mar. 2024 was KWD0.005. 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 KWD0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuwait Financial Centre-Markaz Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kuwait Financial Centre-Markaz'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.

Kuwait Financial Centre-Markaz Cyclically Adjusted PS Ratio Chart

Kuwait Financial Centre-Markaz 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 - 3.15 6.25 3.55 3.33

Kuwait Financial Centre-Markaz Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 3.26 3.23 3.27 3.33 4.35

Competitive Comparison of Kuwait Financial Centre-Markaz's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Kuwait Financial Centre-Markaz'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.


Kuwait Financial Centre-Markaz's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait Financial Centre-Markaz's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kuwait Financial Centre-Markaz's Cyclically Adjusted PS Ratio falls into.



Kuwait Financial Centre-Markaz 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.

Kuwait Financial Centre-Markaz's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.137/0.03
=4.57

* 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.

Kuwait Financial Centre-Markaz's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kuwait Financial Centre-Markaz'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)
=0.005/131.7762*131.7762
=0.005

Current CPI (Mar. 2024) = 131.7762.

Kuwait Financial Centre-Markaz Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.006 100.560 0.008
201409 0.007 100.428 0.009
201412 0.007 99.070 0.009
201503 0.007 99.621 0.009
201506 0.010 100.684 0.013
201509 -0.003 100.392 -0.004
201512 0.004 99.792 0.005
201603 0.001 100.470 0.001
201606 0.007 101.688 0.009
201609 0.005 101.861 0.006
201612 0.009 101.863 0.012
201703 0.007 102.862 0.009
201706 0.006 103.349 0.008
201709 0.006 104.136 0.008
201712 0.012 104.011 0.015
201803 0.006 105.290 0.008
201806 0.007 106.317 0.009
201809 0.009 106.507 0.011
201812 0.005 105.998 0.006
201903 0.006 107.251 0.007
201906 0.006 108.070 0.007
201909 0.002 108.329 0.002
201912 0.001 108.420 0.001
202003 0.005 108.902 0.006
202006 0.006 108.767 0.007
202009 0.007 109.815 0.008
202012 0.008 109.897 0.010
202103 0.009 111.754 0.011
202106 0.008 114.631 0.009
202109 0.008 115.734 0.009
202112 0.008 117.630 0.009
202203 0.010 121.301 0.011
202206 0.007 125.017 0.007
202209 0.009 125.227 0.009
202212 0.007 125.222 0.007
202303 0.007 127.348 0.007
202306 0.006 128.729 0.006
202309 0.008 129.860 0.008
202312 0.005 129.419 0.005
202403 0.005 131.776 0.005

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.


Kuwait Financial Centre-Markaz  (KUW:MARKAZ) 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.


Kuwait Financial Centre-Markaz Cyclically Adjusted PS Ratio Related Terms

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


Kuwait Financial Centre-Markaz (KUW:MARKAZ) Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al Jaber Street, Universal Tower, Floor 3, P.O. Box 23444,, Safat, KWT, 13095
Kuwait Financial Centre-Markaz is a assets management company. It provides investment banking, Asset management, Real estate management, Wealth management and research.

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