GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Malayan Banking Bhd (XKLS:1155) » Definitions » Cyclically Adjusted PS Ratio

Malayan Banking Bhd (XKLS:1155) Cyclically Adjusted PS Ratio : 4.02 (As of Jun. 08, 2024)


View and export this data going back to 1962. Start your Free Trial

What is Malayan Banking Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Malayan Banking Bhd's current share price is RM10.00. Malayan Banking Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM2.49. Malayan Banking Bhd's Cyclically Adjusted PS Ratio for today is 4.02.

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

XKLS:1155' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.08   Med: 3.59   Max: 4.01
Current: 4.01

During the past years, Malayan Banking Bhd's highest Cyclically Adjusted PS Ratio was 4.01. The lowest was 3.08. And the median was 3.59.

XKLS:1155's Cyclically Adjusted PS Ratio is ranked worse than
80.29% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs XKLS:1155: 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.

Malayan Banking Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.587. 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 RM2.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malayan Banking Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Malayan Banking 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.

Malayan Banking Bhd Cyclically Adjusted PS Ratio Chart

Malayan Banking 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 3.84 3.74 3.51 3.59 3.63

Malayan Banking 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 3.52 3.54 3.61 3.63 3.90

Competitive Comparison of Malayan Banking Bhd's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Malayan Banking 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.


Malayan Banking Bhd's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Malayan Banking Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Malayan Banking 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.00/2.49
=4.02

* 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.

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

For example, Malayan Banking 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)
=0.587/131.7762*131.7762
=0.587

Current CPI (Mar. 2024) = 131.7762.

Malayan Banking Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.477 100.560 0.625
201409 0.478 100.428 0.627
201412 0.503 99.070 0.669
201503 0.514 99.621 0.680
201506 0.494 100.684 0.647
201509 0.542 100.392 0.711
201512 0.458 99.792 0.605
201603 0.533 100.470 0.699
201606 0.501 101.688 0.649
201609 0.527 101.861 0.682
201612 0.565 101.863 0.731
201703 0.524 102.862 0.671
201706 0.535 103.349 0.682
201709 0.617 104.136 0.781
201712 0.288 104.011 0.365
201803 0.512 105.290 0.641
201806 0.511 106.317 0.633
201809 0.503 106.507 0.622
201812 0.546 105.998 0.679
201903 0.508 107.251 0.624
201906 0.511 108.070 0.623
201909 0.561 108.329 0.682
201912 0.561 108.420 0.682
202003 0.565 108.902 0.684
202006 0.491 108.767 0.595
202009 0.520 109.815 0.624
202012 0.498 109.897 0.597
202103 0.569 111.754 0.671
202106 0.514 114.631 0.591
202109 0.503 115.734 0.573
202112 0.466 117.630 0.522
202203 0.492 121.301 0.534
202206 0.475 125.017 0.501
202209 0.550 125.227 0.579
202212 0.556 125.222 0.585
202303 0.503 127.348 0.520
202306 0.577 128.729 0.591
202309 0.536 129.860 0.544
202312 0.543 129.419 0.553
202403 0.587 131.776 0.587

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.


Malayan Banking Bhd  (XKLS:1155) 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.


Malayan Banking Bhd Cyclically Adjusted PS Ratio Related Terms

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


Malayan Banking Bhd (XKLS:1155) Business Description

Traded in Other Exchanges
Address
100, Jalan Tun Perak, 14th Floor, Menara Maybank, Kuala Lumpur, SGR, MYS, 50050
Malayan Banking Bhd is a financial services group with a mostly regional presence in the Association of Southeast Asian Nations. The company's segment includes Group Community Financial Services; Group Corporate Banking and Global Markets; Group Investment Banking; Group Asset Management; Group Insurance and Takaful and Head Office and Others. It generates maximum revenue from the Group Community Financial Services segment.

Malayan Banking Bhd (XKLS:1155) Headlines

No Headlines