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Bank Islam Malaysia Bhd (XKLS:5258) Cyclically Adjusted PS Ratio : 1.48 (As of Jun. 07, 2024)


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What is Bank Islam Malaysia Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Bank Islam Malaysia Bhd's current share price is RM2.43. Bank Islam Malaysia Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM1.64. Bank Islam Malaysia Bhd's Cyclically Adjusted PS Ratio for today is 1.48.

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

XKLS:5258' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.51   Max: 1.93
Current: 1.53

During the past years, Bank Islam Malaysia Bhd's highest Cyclically Adjusted PS Ratio was 1.93. The lowest was 1.01. And the median was 1.51.

XKLS:5258's Cyclically Adjusted PS Ratio is ranked better than
73.29% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs XKLS:5258: 1.53

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.

Bank Islam Malaysia Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.257. 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 RM1.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Islam Malaysia Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank Islam Malaysia 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.

Bank Islam Malaysia Bhd Cyclically Adjusted PS Ratio Chart

Bank Islam Malaysia 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 - - 1.76 1.61 1.36

Bank Islam Malaysia 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 1.27 1.17 1.29 1.36 1.53

Competitive Comparison of Bank Islam Malaysia Bhd's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank Islam Malaysia 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.


Bank Islam Malaysia Bhd's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank Islam Malaysia Bhd's Cyclically Adjusted PS Ratio falls into.



Bank Islam Malaysia 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.

Bank Islam Malaysia Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.43/1.64
=1.48

* 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.

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

For example, Bank Islam Malaysia 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)
=0.257/131.7762*131.7762
=0.257

Current CPI (Mar. 2024) = 131.7762.

Bank Islam Malaysia Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.323 100.560 0.423
201409 0.329 100.428 0.432
201412 0.301 99.070 0.400
201503 0.329 99.621 0.435
201506 0.327 100.684 0.428
201509 0.319 100.392 0.419
201512 0.352 99.792 0.465
201603 0.341 100.470 0.447
201606 0.355 101.688 0.460
201609 0.341 101.861 0.441
201612 0.519 101.863 0.671
201703 0.346 102.862 0.443
201706 0.355 103.349 0.453
201709 0.400 104.136 0.506
201712 0.426 104.011 0.540
201803 0.383 105.290 0.479
201806 0.380 106.317 0.471
201809 0.391 106.507 0.484
201812 0.568 105.998 0.706
201903 0.489 107.251 0.601
201906 0.489 108.070 0.596
201909 0.515 108.329 0.626
201912 0.496 108.420 0.603
202003 0.438 108.902 0.530
202006 0.430 108.767 0.521
202009 0.221 109.815 0.265
202012 0.180 109.897 0.216
202103 0.195 111.754 0.230
202106 0.216 114.631 0.248
202109 0.187 115.734 0.213
202112 0.258 117.630 0.289
202203 0.230 121.301 0.250
202206 0.241 125.017 0.254
202209 0.267 125.227 0.281
202212 0.250 125.222 0.263
202303 0.259 127.348 0.268
202306 0.255 128.729 0.261
202309 0.259 129.860 0.263
202312 0.232 129.419 0.236
202403 0.257 131.776 0.257

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.


Bank Islam Malaysia Bhd  (XKLS:5258) 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.


Bank Islam Malaysia Bhd Cyclically Adjusted PS Ratio Related Terms

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


Bank Islam Malaysia Bhd (XKLS:5258) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Jalan Perak, 32nd Floor, Menara Bank Islam, Kuala Lumpur, MYS, 50450
Bank Islam Malaysia Bhd is a Malaysia-based Islamic holding company that is principally engaged in providing financial products and services. The company is involved in Islamic business activities mainly through its investment in Shariah-compliant business entities. The company holds a 100% stake in Bank Islam Malaysia Berhad, which is the first Shariah-based bank in Malaysia and Southeast Asia. The company also has interests in venture capital, unit trusts, stock broking, offshore banking, and others.

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