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Minetech Resources Bhd (XKLS:7219) Cyclically Adjusted PS Ratio : 0.05 (As of Jun. 07, 2024)


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What is Minetech Resources Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Minetech Resources Bhd's current share price is RM0.13. Minetech Resources Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM2.62. Minetech Resources Bhd's Cyclically Adjusted PS Ratio for today is 0.05.

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

XKLS:7219' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.08
Current: 0.05

During the past years, Minetech Resources Bhd's highest Cyclically Adjusted PS Ratio was 0.08. The lowest was 0.01. And the median was 0.02.

XKLS:7219's Cyclically Adjusted PS Ratio is ranked better than
98.43% of 319 companies
in the Building Materials industry
Industry Median: 0.97 vs XKLS:7219: 0.05

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.

Minetech Resources Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.016. 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 RM2.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minetech Resources Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Minetech 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.

Minetech Resources Bhd Cyclically Adjusted PS Ratio Chart

Minetech Resources Bhd Annual Data
Trend Dec11 Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.03

Minetech Resources Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.01 0.02 0.02 0.02 0.06

Competitive Comparison of Minetech Resources Bhd's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Minetech 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.


Minetech Resources Bhd's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Minetech Resources Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Minetech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.13/2.62
=0.05

* 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.

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

For example, Minetech 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)
=0.016/129.4194*129.4194
=0.016

Current CPI (Dec. 2023) = 129.4194.

Minetech Resources Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 18.341 98.518 24.094
201309 0.171 98.790 0.224
201312 0.138 98.326 0.182
201403 0.109 99.695 0.141
201406 0.137 100.560 0.176
201409 0.146 100.428 0.188
201506 0.070 100.684 0.090
201509 0.048 100.392 0.062
201512 0.036 99.792 0.047
201603 0.030 100.470 0.039
201606 0.035 101.688 0.045
201609 0.034 101.861 0.043
201612 0.033 101.863 0.042
201703 0.032 102.862 0.040
201706 0.038 103.349 0.048
201709 0.045 104.136 0.056
201712 0.044 104.011 0.055
201803 0.038 105.290 0.047
201806 0.038 106.317 0.046
201809 0.042 106.507 0.051
201812 0.042 105.998 0.051
201903 0.028 107.251 0.034
201906 0.032 108.070 0.038
201909 0.020 108.329 0.024
201912 0.021 108.420 0.025
202003 0.018 108.902 0.021
202006 0.009 108.767 0.011
202009 0.015 109.815 0.018
202012 0.024 109.897 0.028
202103 0.035 111.754 0.041
202106 0.014 114.631 0.016
202109 0.018 115.734 0.020
202112 0.013 117.630 0.014
202203 0.014 121.301 0.015
202206 0.014 125.017 0.014
202209 0.015 125.227 0.016
202212 0.017 125.222 0.018
202306 0.013 128.729 0.013
202309 0.016 129.860 0.016
202312 0.016 129.419 0.016

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.


Minetech Resources Bhd  (XKLS:7219) 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.


Minetech Resources Bhd Cyclically Adjusted PS Ratio Related Terms

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


Minetech Resources Bhd (XKLS:7219) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Jalan SS7/26, D-G-5, Block D. Parklane Commercial Hub, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Minetech Resources Bhd is an investment holding and provision of a managerial service company. It generates maximum revenue from the Civil engineering segment. The Quarry products segment is engaged in the provision of turnkey and specialized quarry services and sales and marketing of quarry products. The Civil engineering segment specializes in civil engineering works. Geographically, it operates and derives revenue from Malaysia.

Minetech Resources Bhd (XKLS:7219) Headlines

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