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Kossan Rubber Industries Bhd (Kossan Rubber Industries Bhd) Cyclically Adjusted PB Ratio : 2.08 (As of May. 24, 2024)


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What is Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Kossan Rubber Industries Bhd's current share price is $0.27. Kossan Rubber Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.13. Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio for today is 2.08.

The historical rank and industry rank for Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

KSRBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.91   Max: 4.74
Current: 2.63

During the past years, Kossan Rubber Industries Bhd's highest Cyclically Adjusted PB Ratio was 4.74. The lowest was 1.41. And the median was 1.91.

KSRBF's Cyclically Adjusted PB Ratio is ranked worse than
59.36% of 470 companies
in the Medical Devices & Instruments industry
Industry Median: 2.13 vs KSRBF: 2.63

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.

Kossan Rubber Industries Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was $0.322. 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 $0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kossan Rubber Industries 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.

Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio Chart

Kossan Rubber Industries 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 - - 3.34 1.49 2.10

Kossan Rubber Industries 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 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 1.68 1.58 1.55 2.10 2.11

Competitive Comparison of Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries 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.


Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio falls into.



Kossan Rubber Industries 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.

Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.27/0.13
=2.08

* 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.

Kossan Rubber Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kossan Rubber Industries Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.322/131.7762*131.7762
=0.322

Current CPI (Mar. 2024) = 131.7762.

Kossan Rubber Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.094 100.560 0.123
201409 0.096 100.428 0.126
201412 0.091 99.070 0.121
201503 0.091 99.621 0.120
201506 0.094 100.684 0.123
201509 0.084 100.392 0.110
201512 0.087 99.792 0.115
201603 0.096 100.470 0.126
201606 0.096 101.688 0.124
201609 0.099 101.861 0.128
201612 0.092 101.863 0.119
201703 0.096 102.862 0.123
201706 0.104 103.349 0.133
201709 0.106 104.136 0.134
201712 0.111 104.011 0.141
201803 0.120 105.290 0.150
201806 0.122 106.317 0.151
201809 0.119 106.507 0.147
201812 0.123 105.998 0.153
201903 0.128 107.251 0.157
201906 0.127 108.070 0.155
201909 0.131 108.329 0.159
201912 0.134 108.420 0.163
202003 0.136 108.902 0.165
202006 0.145 108.767 0.176
202009 0.182 109.815 0.218
202012 0.230 109.897 0.276
202103 0.299 111.754 0.353
202106 0.369 114.631 0.424
202109 0.387 115.734 0.441
202112 0.375 117.630 0.420
202203 0.385 121.301 0.418
202206 0.344 125.017 0.363
202209 0.335 125.227 0.353
202212 0.344 125.222 0.362
202303 0.333 127.348 0.345
202306 0.321 128.729 0.329
202309 0.321 129.860 0.326
202312 0.323 129.419 0.329
202403 0.322 131.776 0.322

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.


Kossan Rubber Industries Bhd  (OTCPK:KSRBF) 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.


Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio Related Terms

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


Kossan Rubber Industries Bhd (Kossan Rubber Industries Bhd) Business Description

Traded in Other Exchanges
Address
Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (Kossan Rubber Industries Bhd) Headlines

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