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Mclean Technologies Bhd (XKLS:0167) Cyclically Adjusted PB Ratio : 1.56 (As of Jun. 03, 2024)


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What is Mclean Technologies Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Mclean Technologies Bhd's current share price is RM0.265. Mclean Technologies Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.17. Mclean Technologies Bhd's Cyclically Adjusted PB Ratio for today is 1.56.

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

XKLS:0167' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.97   Max: 2.47
Current: 1.59

During the past years, Mclean Technologies Bhd's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 0.64. And the median was 0.97.

XKLS:0167's Cyclically Adjusted PB Ratio is ranked better than
50.75% of 670 companies
in the Business Services industry
Industry Median: 1.6 vs XKLS:0167: 1.59

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.

Mclean Technologies Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.068. 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 RM0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mclean Technologies Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mclean Technologies 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.

Mclean Technologies Bhd Cyclically Adjusted PB Ratio Chart

Mclean Technologies 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 - - 1.30 0.95 0.98

Mclean Technologies 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 0.81 0.68 0.78 0.98 1.14

Competitive Comparison of Mclean Technologies Bhd's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Mclean Technologies 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.


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

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

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



Mclean Technologies 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.265/0.17
=1.56

* 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.

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

For example, Mclean Technologies 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)
=0.068/131.7762*131.7762
=0.068

Current CPI (Mar. 2024) = 131.7762.

Mclean Technologies Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.153 100.560 0.200
201409 0.148 100.428 0.194
201412 0.146 99.070 0.194
201503 0.142 99.621 0.188
201506 0.134 100.684 0.175
201509 0.095 100.392 0.125
201512 0.190 99.792 0.251
201603 0.177 100.470 0.232
201606 0.177 101.688 0.229
201609 0.183 101.861 0.237
201612 0.195 101.863 0.252
201703 0.193 102.862 0.247
201706 0.182 103.349 0.232
201709 0.180 104.136 0.228
201712 0.173 104.011 0.219
201803 0.165 105.290 0.207
201806 0.165 106.317 0.205
201809 0.164 106.507 0.203
201812 0.147 105.998 0.183
201903 0.138 107.251 0.170
201906 0.131 108.070 0.160
201909 0.130 108.329 0.158
201912 0.119 108.420 0.145
202003 0.131 108.902 0.159
202006 0.132 108.767 0.160
202009 0.136 109.815 0.163
202012 0.145 109.897 0.174
202103 0.143 111.754 0.169
202106 0.140 114.631 0.161
202109 0.140 115.734 0.159
202112 0.107 117.630 0.120
202203 0.103 121.301 0.112
202206 0.098 125.017 0.103
202209 0.094 125.227 0.099
202212 0.087 125.222 0.092
202303 0.082 127.348 0.085
202306 0.079 128.729 0.081
202309 0.071 129.860 0.072
202312 0.067 129.419 0.068
202403 0.068 131.776 0.068

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.


Mclean Technologies Bhd  (XKLS:0167) 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.


Mclean Technologies Bhd Cyclically Adjusted PB Ratio Related Terms

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


Mclean Technologies Bhd (XKLS:0167) Business Description

Traded in Other Exchanges
N/A
Address
2 Woodlands Sector 1, No 01-22, Singapore, SGP, 738068
Mclean Technologies Bhd is an investment holding company. The company, through its subsidiaries, is engaged in the provision of surface finishing of metal parts for electrical and electronic industries, and provision of precision cleaning and cleanroom assembly services, clean bulk packaging services and other related services. It operates in the segment of Surface Treatment and Precision Cleaning; and Other. The surface treatment and precision cleaning segment that drives majority revenue offers surface treatment, precision cleaning, clean bulk pack and related services in the hard disk drive and consumer electronics industries. Geographically, the group operates in Malaysia, Singapore, China and other international countries.

Mclean Technologies Bhd (XKLS:0167) Headlines

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