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MMS Ventures Bhd (XKLS:0113) Cyclically Adjusted PS Ratio : 2.54 (As of May. 26, 2024)


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What is MMS Ventures Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-26), MMS Ventures Bhd's current share price is RM0.61. MMS Ventures Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM0.24. MMS Ventures Bhd's Cyclically Adjusted PS Ratio for today is 2.54.

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

XKLS:0113' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.96   Med: 3.12   Max: 7
Current: 2.56

During the past years, MMS Ventures Bhd's highest Cyclically Adjusted PS Ratio was 7.00. The lowest was 1.96. And the median was 3.12.

XKLS:0113's Cyclically Adjusted PS Ratio is ranked worse than
51.47% of 682 companies
in the Semiconductors industry
Industry Median: 2.305 vs XKLS:0113: 2.56

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.

MMS Ventures Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.012. 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 RM0.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MMS Ventures Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MMS Ventures 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.

MMS Ventures Bhd Cyclically Adjusted PS Ratio Chart

MMS Ventures Bhd 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 - 4.12 5.12 2.72 2.08

MMS Ventures Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.72 2.48 2.09 2.19 2.08

Competitive Comparison of MMS Ventures Bhd's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, MMS Ventures 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.


MMS Ventures Bhd's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



MMS Ventures 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.61/0.24
=2.54

* 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.

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

For example, MMS Ventures 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)
=0.012/129.4194*129.4194
=0.012

Current CPI (Dec. 2023) = 129.4194.

MMS Ventures Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.025 99.695 0.032
201406 0.056 100.560 0.072
201409 0.079 100.428 0.102
201412 0.035 99.070 0.046
201503 0.038 99.621 0.049
201506 0.056 100.684 0.072
201509 0.038 100.392 0.049
201512 0.022 99.792 0.029
201603 0.019 100.470 0.024
201606 0.099 101.688 0.126
201609 0.034 101.861 0.043
201612 0.024 101.863 0.030
201703 0.073 102.862 0.092
201706 0.147 103.349 0.184
201709 0.096 104.136 0.119
201712 0.059 104.011 0.073
201803 0.079 105.290 0.097
201806 0.061 106.317 0.074
201809 0.049 106.507 0.060
201812 0.049 105.998 0.060
201903 0.051 107.251 0.062
201906 0.076 108.070 0.091
201909 0.031 108.329 0.037
201912 0.058 108.420 0.069
202003 0.032 108.902 0.038
202006 0.017 108.767 0.020
202009 0.027 109.815 0.032
202012 0.038 109.897 0.045
202103 0.043 111.754 0.050
202106 0.043 114.631 0.049
202109 0.064 115.734 0.072
202112 0.040 117.630 0.044
202203 0.080 121.301 0.085
202206 0.098 125.017 0.101
202209 0.053 125.227 0.055
202212 0.033 125.222 0.034
202303 0.026 127.348 0.026
202306 0.015 128.729 0.015
202309 0.013 129.860 0.013
202312 0.012 129.419 0.012

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.


MMS Ventures Bhd  (XKLS:0113) 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.


MMS Ventures Bhd Cyclically Adjusted PS Ratio Related Terms

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


MMS Ventures Bhd (XKLS:0113) Business Description

Traded in Other Exchanges
N/A
Address
Plot 84A, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900
MMS Ventures Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the company is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. The business activity of the group functions through the Manufacture of automated systems and machinery; and the Development of software segments. Geographically, the business presence of the entity is seen across the regions of Asia, America, Europe, Malaysia, and Australia, of which prime revenue is derived from Malaysia and America.

MMS Ventures Bhd (XKLS:0113) Headlines

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