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ELK-Desa Resources Bhd (XKLS:5228) Cyclically Adjusted PS Ratio : 4.06 (As of Jun. 06, 2024)


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What is ELK-Desa Resources Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-06), ELK-Desa Resources Bhd's current share price is RM1.30. ELK-Desa Resources Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM0.32. ELK-Desa Resources Bhd's Cyclically Adjusted PS Ratio for today is 4.06.

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

XKLS:5228' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.82   Med: 3.51   Max: 4.19
Current: 4.01

During the past years, ELK-Desa Resources Bhd's highest Cyclically Adjusted PS Ratio was 4.19. The lowest was 2.82. And the median was 3.51.

XKLS:5228's Cyclically Adjusted PS Ratio is ranked worse than
59.06% of 381 companies
in the Credit Services industry
Industry Median: 2.97 vs XKLS:5228: 4.01

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.

ELK-Desa Resources Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.094. 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 RM0.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ELK-Desa Resources Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ELK-Desa Resources 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.

ELK-Desa Resources Bhd Cyclically Adjusted PS Ratio Chart

ELK-Desa Resources Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.04 3.70

ELK-Desa Resources 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 3.49 3.70 3.99 4.20 3.92

Competitive Comparison of ELK-Desa Resources Bhd's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, ELK-Desa Resources 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.


ELK-Desa Resources Bhd's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ELK-Desa Resources Bhd's Cyclically Adjusted PS Ratio falls into.



ELK-Desa Resources 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.

ELK-Desa Resources Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.30/0.32
=4.06

* 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.

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

For example, ELK-Desa Resources 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)
=0.094/129.4194*129.4194
=0.094

Current CPI (Dec. 2023) = 129.4194.

ELK-Desa Resources Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.068 99.695 0.088
201406 0.046 100.560 0.059
201409 0.046 100.428 0.059
201412 0.046 99.070 0.060
201503 0.041 99.621 0.053
201506 0.044 100.684 0.057
201509 0.049 100.392 0.063
201512 0.046 99.792 0.060
201603 0.046 100.470 0.059
201606 0.056 101.688 0.071
201609 0.058 101.861 0.074
201612 0.065 101.863 0.083
201703 0.066 102.862 0.083
201706 0.066 103.349 0.083
201709 0.062 104.136 0.077
201712 0.057 104.011 0.071
201803 0.061 105.290 0.075
201806 0.063 106.317 0.077
201809 0.068 106.507 0.083
201812 0.068 105.998 0.083
201903 0.071 107.251 0.086
201906 0.077 108.070 0.092
201909 0.081 108.329 0.097
201912 0.085 108.420 0.101
202003 0.082 108.902 0.097
202006 0.067 108.767 0.080
202009 0.082 109.815 0.097
202012 0.082 109.897 0.097
202103 0.085 111.754 0.098
202106 0.069 114.631 0.078
202109 0.051 115.734 0.057
202112 0.084 117.630 0.092
202203 0.079 121.301 0.084
202206 0.086 125.017 0.089
202209 0.079 125.227 0.082
202212 0.088 125.222 0.091
202303 0.089 127.348 0.090
202306 0.086 128.729 0.086
202309 0.086 129.860 0.086
202312 0.094 129.419 0.094

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.


ELK-Desa Resources Bhd  (XKLS:5228) 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.


ELK-Desa Resources Bhd Cyclically Adjusted PS Ratio Related Terms

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


ELK-Desa Resources Bhd (XKLS:5228) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.

ELK-Desa Resources Bhd (XKLS:5228) Headlines

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