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Able Global Bhd (XKLS:7167) Cyclically Adjusted PS Ratio : 0.97 (As of Jun. 09, 2024)


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What is Able Global Bhd Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Able Global Bhd's current share price is RM2.13. Able Global Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM2.20. Able Global Bhd's Cyclically Adjusted PS Ratio for today is 0.97.

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

XKLS:7167' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.7   Max: 0.97
Current: 0.97

During the past years, Able Global Bhd's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.60. And the median was 0.70.

XKLS:7167's Cyclically Adjusted PS Ratio is ranked worse than
56.28% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs XKLS:7167: 0.97

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.

Able Global Bhd's adjusted revenue per share data for the three months ended in Mar. 2024 was RM0.557. 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 RM2.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Able Global Bhd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Able Global 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.

Able Global Bhd Cyclically Adjusted PS Ratio Chart

Able Global 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 - - 0.87 0.68 0.70

Able Global 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 0.64 0.61 0.61 0.70 0.80

Competitive Comparison of Able Global Bhd's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Able Global 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.


Able Global Bhd's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Able Global 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.

Able Global Bhd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.13/2.2
=0.97

* 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.

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

For example, Able Global 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)
=0.557/131.7762*131.7762
=0.557

Current CPI (Mar. 2024) = 131.7762.

Able Global Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.236 100.560 0.309
201409 0.364 100.428 0.478
201412 0.426 99.070 0.567
201503 0.365 99.621 0.483
201506 0.457 100.684 0.598
201509 0.394 100.392 0.517
201512 0.463 99.792 0.611
201603 0.368 100.470 0.483
201606 1.236 101.688 1.602
201609 0.843 101.861 1.091
201612 0.476 101.863 0.616
201703 0.330 102.862 0.423
201706 0.427 103.349 0.544
201709 0.461 104.136 0.583
201712 0.298 104.011 0.378
201803 0.335 105.290 0.419
201806 0.372 106.317 0.461
201809 0.401 106.507 0.496
201812 0.506 105.998 0.629
201903 0.454 107.251 0.558
201906 0.456 108.070 0.556
201909 0.462 108.329 0.562
201912 0.495 108.420 0.602
202003 0.348 108.902 0.421
202006 0.371 108.767 0.449
202009 0.455 109.815 0.546
202012 0.450 109.897 0.540
202103 0.370 111.754 0.436
202106 0.392 114.631 0.451
202109 0.383 115.734 0.436
202112 0.480 117.630 0.538
202203 0.425 121.301 0.462
202206 0.495 125.017 0.522
202209 0.452 125.227 0.476
202212 0.415 125.222 0.437
202303 0.475 127.348 0.492
202306 0.508 128.729 0.520
202309 0.575 129.860 0.583
202312 0.549 129.419 0.559
202403 0.557 131.776 0.557

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.


Able Global Bhd  (XKLS:7167) 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.


Able Global Bhd Cyclically Adjusted PS Ratio Related Terms

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


Able Global Bhd (XKLS:7167) Business Description

Traded in Other Exchanges
N/A
Address
PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300
Able Global Bhd formerly Johore Tin Bhd is principally engaged in the business of investment holding and the provision of management services. The group is organized into the three main reportable segments: Investment Holding; Tin Manufacturing; and Food and Beverage. Its Investment Holding is involved in the business of investment holding and provision of management services. Tin Manufacturing is involved in the manufacturing of various tins, cans, and other containers. Food and Beverage are involved in manufacturing and selling of milk and other related dairy products. It generates maximum revenue from Food and Beverage segment. Geographically, it derives majority revenue from Malaysia and also has a presence in Africa, Central America, Europe, Malaysia, and Other Countries.

Able Global Bhd (XKLS:7167) Headlines

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