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Frontken Bhd (XKLS:0128) Cyclically Adjusted PB Ratio : 15.86 (As of May. 26, 2024)


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What is Frontken Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Frontken Bhd's current share price is RM4.44. Frontken Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.28. Frontken Bhd's Cyclically Adjusted PB Ratio for today is 15.86.

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

XKLS:0128' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.57   Med: 13.48   Max: 20.42
Current: 16.05

During the past years, Frontken Bhd's highest Cyclically Adjusted PB Ratio was 20.42. The lowest was 9.57. And the median was 13.48.

XKLS:0128's Cyclically Adjusted PB Ratio is ranked worse than
96.98% of 663 companies
in the Business Services industry
Industry Median: 1.59 vs XKLS:0128: 16.05

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.

Frontken Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.424. 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 RM0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontken Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Frontken 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.

Frontken Bhd Cyclically Adjusted PB Ratio Chart

Frontken 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 - 13.20 19.56 13.10 12.21

Frontken 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 12.76 12.48 12.11 12.21 14.02

Competitive Comparison of Frontken Bhd's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Frontken 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.


Frontken Bhd's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Frontken Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Frontken 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.

Frontken Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.44/0.28
=15.86

* 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.

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

For example, Frontken 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)
=0.424/131.7762*131.7762
=0.424

Current CPI (Mar. 2024) = 131.7762.

Frontken Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.127 100.560 0.166
201409 0.130 100.428 0.171
201412 0.137 99.070 0.182
201503 0.143 99.621 0.189
201506 0.145 100.684 0.190
201509 0.153 100.392 0.201
201512 0.150 99.792 0.198
201603 0.145 100.470 0.190
201606 0.150 101.688 0.194
201609 0.157 101.861 0.203
201612 0.166 101.863 0.215
201703 0.173 102.862 0.222
201706 0.175 103.349 0.223
201709 0.176 104.136 0.223
201712 0.179 104.011 0.227
201803 0.178 105.290 0.223
201806 0.186 106.317 0.231
201809 0.199 106.507 0.246
201812 0.207 105.998 0.257
201903 0.209 107.251 0.257
201906 0.222 108.070 0.271
201909 0.227 108.329 0.276
201912 0.240 108.420 0.292
202003 0.246 108.902 0.298
202006 0.263 108.767 0.319
202009 0.266 109.815 0.319
202012 0.280 109.897 0.336
202103 0.280 111.754 0.330
202106 0.298 114.631 0.343
202109 0.301 115.734 0.343
202112 0.319 117.630 0.357
202203 0.304 121.301 0.330
202206 0.327 125.017 0.345
202209 0.330 125.227 0.347
202212 0.349 125.222 0.367
202303 0.366 127.348 0.379
202306 0.372 128.729 0.381
202309 0.382 129.860 0.388
202312 0.408 129.419 0.415
202403 0.424 131.776 0.424

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.


Frontken Bhd  (XKLS:0128) 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.


Frontken Bhd Cyclically Adjusted PB Ratio Related Terms

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


Frontken Bhd (XKLS:0128) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350
Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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