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MISC Bhd (XKLS:3816) Cyclically Adjusted PS Ratio : 2.93 (As of Jun. 04, 2024)


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What is MISC Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-04), MISC Bhd's current share price is RM8.34. MISC Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM2.85. MISC Bhd's Cyclically Adjusted PS Ratio for today is 2.93.

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

XKLS:3816' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.56   Med: 2.81   Max: 3.5
Current: 2.93

During the past years, MISC Bhd's highest Cyclically Adjusted PS Ratio was 3.50. The lowest was 2.56. And the median was 2.81.

XKLS:3816's Cyclically Adjusted PS Ratio is ranked worse than
82.79% of 738 companies
in the Transportation industry
Industry Median: 0.84 vs XKLS:3816: 2.93

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.

MISC Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.815. 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 RM2.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MISC Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MISC 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.

MISC Bhd Cyclically Adjusted PS Ratio Chart

MISC 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 - 3.03 2.90 2.84 2.62

MISC Bhd 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 2.69 2.63 2.56 2.62 2.69

Competitive Comparison of MISC Bhd's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, MISC 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.


MISC Bhd's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MISC Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MISC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.34/2.85
=2.93

* 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.

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

For example, MISC Bhd'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)
=0.815/131.7762*131.7762
=0.815

Current CPI (Mar. 2024) = 131.7762.

MISC Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.569 100.560 0.746
201409 0.488 100.428 0.640
201412 0.512 99.070 0.681
201503 0.558 99.621 0.738
201506 0.583 100.684 0.763
201509 0.561 100.392 0.736
201512 0.742 99.792 0.980
201603 0.536 100.470 0.703
201606 0.536 101.688 0.695
201609 0.514 101.861 0.665
201612 0.564 101.863 0.730
201703 0.669 102.862 0.857
201706 0.516 103.349 0.658
201709 0.519 104.136 0.657
201712 0.552 104.011 0.699
201803 0.453 105.290 0.567
201806 0.480 106.317 0.595
201809 0.499 106.507 0.617
201812 0.535 105.998 0.665
201903 0.510 107.251 0.627
201906 0.484 108.070 0.590
201909 0.481 108.329 0.585
201912 0.532 108.420 0.647
202003 0.563 108.902 0.681
202006 0.490 108.767 0.594
202009 0.461 109.815 0.553
202012 0.592 109.897 0.710
202103 0.569 111.754 0.671
202106 0.527 114.631 0.606
202109 0.604 115.734 0.688
202112 0.690 117.630 0.773
202203 0.642 121.301 0.697
202206 0.720 125.017 0.759
202209 0.810 125.227 0.852
202212 0.935 125.222 0.984
202303 0.690 127.348 0.714
202306 0.795 128.729 0.814
202309 0.754 129.860 0.765
202312 0.958 129.419 0.975
202403 0.815 131.776 0.815

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.


MISC Bhd  (XKLS:3816) 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.


MISC Bhd Cyclically Adjusted PS Ratio Related Terms

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


MISC Bhd (XKLS:3816) Business Description

Industry
Traded in Other Exchanges
Address
Jalan Sultan Hishamuddin, Level 25, Menara Dayabumi, Kuala Lumpur, SGR, MYS, 50050
MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.

MISC Bhd (XKLS:3816) Headlines

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