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British American Tobacco Malaysia Bhd (British American Tobacco Malaysia Bhd) Cyclically Adjusted PB Ratio : 3.15 (As of May. 17, 2024)


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What is British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-17), British American Tobacco Malaysia Bhd's current share price is $1.29. British American Tobacco Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.41. British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 3.15.

The historical rank and industry rank for British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

BATMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.55   Med: 6.13   Max: 9.08
Current: 4.85

During the past years, British American Tobacco Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 9.08. The lowest was 4.55. And the median was 6.13.

BATMF's Cyclically Adjusted PB Ratio is ranked worse than
66.67% of 30 companies
in the Tobacco Products industry
Industry Median: 2.205 vs BATMF: 4.85

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

British American Tobacco Malaysia Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was $0.284. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for British American Tobacco Malaysia Bhd's Cyclically Adjusted PB 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.

British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Chart

British American Tobacco Malaysia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.19 7.86 6.18 5.22

British American Tobacco Malaysia 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 PB 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 6.18 5.95 5.58 5.12 5.22

Competitive Comparison of British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio

For the Tobacco subindustry, British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio falls into.



British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.29/0.41
=3.15

* 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.

British American Tobacco Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, British American Tobacco Malaysia Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.284/129.4194*129.4194
=0.284

Current CPI (Dec. 2023) = 129.4194.

British American Tobacco Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.545 99.695 0.707
201406 0.593 100.560 0.763
201409 0.611 100.428 0.787
201412 0.528 99.070 0.690
201503 0.517 99.621 0.672
201506 0.506 100.684 0.650
201509 0.466 100.392 0.601
201512 0.447 99.792 0.580
201603 0.428 100.470 0.551
201606 0.333 101.688 0.424
201609 0.402 101.861 0.511
201612 0.482 101.863 0.612
201703 0.297 102.862 0.374
201706 0.333 103.349 0.417
201709 0.355 104.136 0.441
201712 0.328 104.011 0.408
201803 0.319 105.290 0.392
201806 0.328 106.317 0.399
201809 0.356 106.507 0.433
201812 0.354 105.998 0.432
201903 0.322 107.251 0.389
201906 0.309 108.070 0.370
201909 0.316 108.329 0.378
201912 0.328 108.420 0.392
202003 0.287 108.902 0.341
202006 0.291 108.767 0.346
202009 0.306 109.815 0.361
202012 0.322 109.897 0.379
202103 0.310 111.754 0.359
202106 0.318 114.631 0.359
202109 0.325 115.734 0.363
202112 0.318 117.630 0.350
202203 0.298 121.301 0.318
202206 0.308 125.017 0.319
202209 0.305 125.227 0.315
202212 0.300 125.222 0.310
202303 0.280 127.348 0.285
202306 0.283 128.729 0.285
202309 0.291 129.860 0.290
202312 0.284 129.419 0.284

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


British American Tobacco Malaysia Bhd  (OTCPK:BATMF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms

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


British American Tobacco Malaysia Bhd (British American Tobacco Malaysia Bhd) Business Description

Traded in Other Exchanges
Address
No. 6 Jalan Damanlela, Level 19, Guoco Tower, Damansara, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
British American Tobacco Malaysia Bhd is principally engaged in the manufacturing, marketing, and importation of cigarettes, pipe tobaccos, cigars, devices, other tobacco products, and nicotine products. Geographically, the company operates in Malaysia. Its key brands are Dunhill, Peter Stuyvesant, Rothmans, KYO, Pall Mall, and Kent.

British American Tobacco Malaysia Bhd (British American Tobacco Malaysia Bhd) Headlines

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