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Wang- Zheng Bhd (XKLS:7203) Cyclically Adjusted PS Ratio : 0.33 (As of Jun. 09, 2024)


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What is Wang- Zheng Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Wang- Zheng Bhd's current share price is RM0.675. Wang- Zheng Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM2.05. Wang- Zheng Bhd's Cyclically Adjusted PS Ratio for today is 0.33.

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

XKLS:7203' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.4   Max: 0.45
Current: 0.33

During the past years, Wang- Zheng Bhd's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.32. And the median was 0.40.

XKLS:7203's Cyclically Adjusted PS Ratio is ranked better than
69.76% of 248 companies
in the Forest Products industry
Industry Median: 0.585 vs XKLS:7203: 0.33

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.

Wang- Zheng Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.438. 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 RM2.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wang- Zheng Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wang- Zheng 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.

Wang- Zheng Bhd Cyclically Adjusted PS Ratio Chart

Wang- Zheng 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 - - 0.44 0.41 0.34

Wang- Zheng 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 0.39 0.36 0.34 0.34 0.33

Competitive Comparison of Wang- Zheng Bhd's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Wang- Zheng 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.


Wang- Zheng Bhd's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Wang- Zheng Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wang- Zheng 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.

Wang- Zheng Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.675/2.05
=0.33

* 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.

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

For example, Wang- Zheng 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)
=0.438/131.7762*131.7762
=0.438

Current CPI (Mar. 2024) = 131.7762.

Wang- Zheng Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.355 100.560 0.465
201409 0.404 100.428 0.530
201412 0.479 99.070 0.637
201503 0.430 99.621 0.569
201506 0.411 100.684 0.538
201509 0.466 100.392 0.612
201512 0.519 99.792 0.685
201603 0.472 100.470 0.619
201606 0.492 101.688 0.638
201609 0.433 101.861 0.560
201612 0.552 101.863 0.714
201703 0.424 102.862 0.543
201706 0.393 103.349 0.501
201709 0.454 104.136 0.575
201712 0.465 104.011 0.589
201803 0.343 105.290 0.429
201806 0.379 106.317 0.470
201809 0.470 106.507 0.582
201812 0.448 105.998 0.557
201903 0.404 107.251 0.496
201906 0.394 108.070 0.480
201909 0.475 108.329 0.578
201912 0.465 108.420 0.565
202003 0.341 108.902 0.413
202006 0.358 108.767 0.434
202009 0.452 109.815 0.542
202012 0.379 109.897 0.454
202103 0.361 111.754 0.426
202106 0.333 114.631 0.383
202109 0.333 115.734 0.379
202112 0.393 117.630 0.440
202203 0.411 121.301 0.446
202206 0.447 125.017 0.471
202209 0.440 125.227 0.463
202212 0.394 125.222 0.415
202303 0.474 127.348 0.490
202306 0.431 128.729 0.441
202309 0.381 129.860 0.387
202312 0.495 129.419 0.504
202403 0.438 131.776 0.438

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.


Wang- Zheng Bhd  (XKLS:7203) 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.


Wang- Zheng Bhd Cyclically Adjusted PS Ratio Related Terms

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


Wang- Zheng Bhd (XKLS:7203) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Jalan Utarid U5/19, Section U5, Shah Alam, SGR, MYS, 40150
Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others.

Wang- Zheng Bhd (XKLS:7203) Headlines

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