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OCK Group Bhd (XKLS:0172) Cyclically Adjusted PS Ratio : 1.11 (As of May. 14, 2024)


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What is OCK Group Bhd Cyclically Adjusted PS Ratio?

As of today (2024-05-14), OCK Group Bhd's current share price is RM0.635. OCK Group Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM0.57. OCK Group Bhd's Cyclically Adjusted PS Ratio for today is 1.11.

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

XKLS:0172' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.78   Max: 1.12
Current: 1.12

During the past years, OCK Group Bhd's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.68. And the median was 0.78.

XKLS:0172's Cyclically Adjusted PS Ratio is ranked worse than
51.16% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs XKLS:0172: 1.12

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.

OCK Group Bhd's adjusted revenue per share data for the three months ended in Dec. 2023 was RM0.159. 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 RM0.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


OCK Group Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OCK Group 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.

OCK Group Bhd Cyclically Adjusted PS Ratio Chart

OCK Group 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 - - - 0.79 0.76

OCK Group 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 0.79 0.76 0.72 0.74 0.76

Competitive Comparison of OCK Group Bhd's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, OCK Group 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.


OCK Group Bhd's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, OCK Group Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



OCK Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.635/0.57
=1.11

* 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.

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

For example, OCK Group 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)
=0.159/129.4194*129.4194
=0.159

Current CPI (Dec. 2023) = 129.4194.

OCK Group Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.071 99.695 0.092
201406 0.081 100.560 0.104
201409 0.077 100.428 0.099
201412 0.091 99.070 0.119
201503 0.088 99.621 0.114
201506 0.110 100.684 0.141
201509 0.131 100.392 0.169
201512 0.126 99.792 0.163
201603 0.070 100.470 0.090
201606 0.136 101.688 0.173
201609 0.088 101.861 0.112
201612 0.116 101.863 0.147
201703 0.108 102.862 0.136
201706 0.120 103.349 0.150
201709 0.127 104.136 0.158
201712 0.146 104.011 0.182
201803 0.102 105.290 0.125
201806 0.125 106.317 0.152
201809 0.119 106.507 0.145
201812 0.146 105.998 0.178
201903 0.112 107.251 0.135
201906 0.125 108.070 0.150
201909 0.142 108.329 0.170
201912 0.126 108.420 0.150
202003 0.114 108.902 0.135
202006 0.106 108.767 0.126
202009 0.115 109.815 0.136
202012 0.137 109.897 0.161
202103 0.108 111.754 0.125
202106 0.110 114.631 0.124
202109 0.113 115.734 0.126
202112 0.126 117.630 0.139
202203 0.121 121.301 0.129
202206 0.135 125.017 0.140
202209 0.154 125.227 0.159
202212 0.174 125.222 0.180
202303 0.170 127.348 0.173
202306 0.168 128.729 0.169
202309 0.186 129.860 0.185
202312 0.159 129.419 0.159

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.


OCK Group Bhd  (XKLS:0172) 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.


OCK Group Bhd Cyclically Adjusted PS Ratio Related Terms

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


OCK Group Bhd (XKLS:0172) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jalan Jurunilai U1/20, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. The company operates in segments namely Telecommunication Network Services, Green Energy & Power Solutions, Trading, Mechanical & Electrical Engineering Services, and Investment Holding. The majority of the revenue is generated from the Telecommunication Network Services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors. The company operates in Malaysia, China, Myanmar, Indonesia, Singapore, and Vietnam, out of which Malaysia accounts for the majority revenue.

OCK Group Bhd (XKLS:0172) Headlines

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