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Apex Healthcare Bhd (XKLS:7090) Cyclically Adjusted PS Ratio : 2.53 (As of Jun. 10, 2024)


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What is Apex Healthcare Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Apex Healthcare Bhd's current share price is RM2.94. Apex Healthcare Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM1.16. Apex Healthcare Bhd's Cyclically Adjusted PS Ratio for today is 2.53.

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

XKLS:7090' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.19   Max: 2.9
Current: 2.54

During the past years, Apex Healthcare Bhd's highest Cyclically Adjusted PS Ratio was 2.90. The lowest was 1.73. And the median was 2.19.

XKLS:7090's Cyclically Adjusted PS Ratio is ranked worse than
89.23% of 65 companies
in the Medical Distribution industry
Industry Median: 0.38 vs XKLS:7090: 2.54

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.

Apex Healthcare Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.347. 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 RM1.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Healthcare Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Apex Healthcare 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.

Apex Healthcare Bhd Cyclically Adjusted PS Ratio Chart

Apex Healthcare 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 - - 1.92 2.25 2.22

Apex Healthcare Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.25 2.53 2.25 2.22 2.55

Competitive Comparison of Apex Healthcare Bhd's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Apex Healthcare 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.


Apex Healthcare Bhd's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Apex Healthcare Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Apex Healthcare 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.

Apex Healthcare Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.94/1.16
=2.53

* 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.

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

For example, Apex Healthcare 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)
=0.347/131.7762*131.7762
=0.347

Current CPI (Mar. 2024) = 131.7762.

Apex Healthcare Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.186 99.695 0.246
201406 0.174 100.560 0.228
201409 0.174 100.428 0.228
201412 0.175 99.070 0.233
201503 0.199 99.621 0.263
201506 0.177 100.684 0.232
201509 0.182 100.392 0.239
201512 0.191 99.792 0.252
201603 0.210 100.470 0.275
201606 0.209 101.688 0.271
201609 0.203 101.861 0.263
201612 0.205 101.863 0.265
201703 0.220 102.862 0.282
201706 0.221 103.349 0.282
201709 0.224 104.136 0.283
201712 0.217 104.011 0.275
201803 0.239 105.290 0.299
201806 0.221 106.317 0.274
201809 0.233 106.507 0.288
201812 0.232 105.998 0.288
201903 0.252 107.251 0.310
201906 0.224 108.070 0.273
201909 0.254 108.329 0.309
201912 0.240 108.420 0.292
202003 0.272 108.902 0.329
202006 0.246 108.767 0.298
202009 0.238 109.815 0.286
202012 0.227 109.897 0.272
202103 0.252 111.754 0.297
202106 0.256 114.631 0.294
202109 0.297 115.734 0.338
202112 0.278 117.630 0.311
202203 0.304 121.301 0.330
202206 0.294 125.017 0.310
202209 0.325 125.227 0.342
202212 0.309 125.222 0.325
202303 0.344 127.348 0.356
202309 0.329 129.860 0.334
202312 0.336 129.419 0.342
202403 0.347 131.776 0.347

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.


Apex Healthcare Bhd  (XKLS:7090) 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.


Apex Healthcare Bhd Cyclically Adjusted PS Ratio Related Terms

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


Apex Healthcare Bhd (XKLS:7090) Business Description

Traded in Other Exchanges
N/A
Address
1-5 Jalan TTC 1, Cheng Industrial Estate, Melaka, MLA, MYS, 75250
Apex Healthcare Bhd is an investment holding company for a group of companies engaged in the development, manufacturing, marketing, and distribution of pharmaceuticals, diagnostics, consumer healthcare products, and orthopedic devices. It has direct operations in Malaysia, Singapore and Others. The company has two manufacturing plants in Melaka and Penang. It has three segments: Manufacturing and marketing of pharmaceutical products; Wholesale and distribution of pharmaceutical and healthcare products; and Corporate comprising investments, properties, and others.

Apex Healthcare Bhd (XKLS:7090) Headlines

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