GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Wegmans Holdings Bhd (XKLS:0197) » Definitions » Cyclically Adjusted PB Ratio

Wegmans Holdings Bhd (XKLS:0197) Cyclically Adjusted PB Ratio : 1.33 (As of May. 26, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Wegmans Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Wegmans Holdings Bhd's current share price is RM0.20. Wegmans Holdings Bhd's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was RM0.15. Wegmans Holdings Bhd's Cyclically Adjusted PB Ratio for today is 1.33.

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

XKLS:0197' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.3   Max: 1.4
Current: 1.37

During the past 10 years, Wegmans Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 1.20. And the median was 1.30.

XKLS:0197's Cyclically Adjusted PB Ratio is ranked better than
50.68% of 296 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.42 vs XKLS:0197: 1.37

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.

Wegmans Holdings Bhd's adjusted book value per share data of for the fiscal year that ended in Dec23 was RM0.233. 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 RM0.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wegmans Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wegmans Holdings 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.

Wegmans Holdings Bhd Cyclically Adjusted PB Ratio Chart

Wegmans Holdings 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 - - - - 1.26

Wegmans Holdings 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 - - - - 1.26

Competitive Comparison of Wegmans Holdings Bhd's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Wegmans Holdings 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.


Wegmans Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wegmans Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wegmans Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.20/0.15
=1.33

* 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.

Wegmans Holdings Bhd's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Wegmans Holdings Bhd's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.233/129.4194*129.4194
=0.233

Current CPI (Dec23) = 129.4194.

Wegmans Holdings Bhd Annual Data

Book Value per Share CPI Adj_Book
201412 0.020 99.070 0.026
201512 0.042 99.792 0.054
201612 0.049 101.863 0.062
201712 0.070 104.011 0.087
201812 0.146 105.998 0.178
201912 0.157 108.420 0.187
202012 0.169 109.897 0.199
202112 0.190 117.630 0.209
202212 0.221 125.222 0.228
202312 0.233 129.419 0.233

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.


Wegmans Holdings Bhd  (XKLS:0197) 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.


Wegmans Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


Wegmans Holdings Bhd (XKLS:0197) Business Description

Traded in Other Exchanges
N/A
Address
Lot PTD 6967, Jalan Kempas 3, Kawasan Perindustrian Bakri, Muar, JHR, MYS, 84200
Wegmans Holdings Bhd is an investment holding company. Through its subsidiary, the company is involved in the design, manufacture, and sale of home furniture products. It serves wholesalers, retailers, chain stores, and traders. The company has two operating segments; the Furniture manufacturing segment encompasses the business of design, manufacture, and sale of home furniture products, and The hardware manufacturing segment is involved in the business of manufacturing and sale of screws, nuts, and spare parts. It derives a majority of its revenue from the Furniture manufacturing segment.

Wegmans Holdings Bhd (XKLS:0197) Headlines

No Headlines