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Malaysian Resources Bhd (XKLS:1651) Cyclically Adjusted PB Ratio : 0.54 (As of May. 29, 2024)


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What is Malaysian Resources Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Malaysian Resources Bhd's current share price is RM0.685. Malaysian Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.26. Malaysian Resources Bhd's Cyclically Adjusted PB Ratio for today is 0.54.

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

XKLS:1651' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.57
Current: 0.55

During the past years, Malaysian Resources Bhd's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.24. And the median was 0.35.

XKLS:1651's Cyclically Adjusted PB Ratio is ranked better than
69.72% of 436 companies
in the Conglomerates industry
Industry Median: 0.99 vs XKLS:1651: 0.55

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.

Malaysian Resources Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.028. 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 RM1.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malaysian Resources Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Malaysian Resources 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.

Malaysian Resources Bhd Cyclically Adjusted PB Ratio Chart

Malaysian Resources 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 - 0.44 0.30 0.24 0.35

Malaysian Resources 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 0.24 0.28 0.24 0.36 0.35

Competitive Comparison of Malaysian Resources Bhd's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Malaysian Resources 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.


Malaysian Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Malaysian Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malaysian Resources 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.685/1.26
=0.54

* 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.

Malaysian Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Malaysian Resources 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)
=1.028/129.4194*129.4194
=1.028

Current CPI (Dec. 2023) = 129.4194.

Malaysian Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.892 99.695 1.158
201406 1.056 100.560 1.359
201409 0.973 100.428 1.254
201412 0.970 99.070 1.267
201503 1.100 99.621 1.429
201506 1.129 100.684 1.451
201509 1.111 100.392 1.432
201512 1.104 99.792 1.432
201603 1.105 100.470 1.423
201606 1.180 101.688 1.502
201609 1.080 101.861 1.372
201612 1.190 101.863 1.512
201703 1.197 102.862 1.506
201706 1.203 103.349 1.506
201709 0.682 104.136 0.848
201712 1.098 104.011 1.366
201803 1.103 105.290 1.356
201806 1.110 106.317 1.351
201809 1.093 106.507 1.328
201812 1.100 105.998 1.343
201903 1.100 107.251 1.327
201906 1.103 108.070 1.321
201909 1.084 108.329 1.295
201912 1.080 108.420 1.289
202003 1.090 108.902 1.295
202006 1.031 108.767 1.227
202009 1.031 109.815 1.215
202012 1.031 109.897 1.214
202103 1.033 111.754 1.196
202106 1.002 114.631 1.131
202109 0.995 115.734 1.113
202112 1.010 117.630 1.111
202203 1.013 121.301 1.081
202206 1.006 125.017 1.041
202209 1.011 125.227 1.045
202212 1.014 125.222 1.048
202303 1.016 127.348 1.033
202306 1.009 128.729 1.014
202309 1.009 129.860 1.006
202312 1.028 129.419 1.028

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.


Malaysian Resources Bhd  (XKLS:1651) 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.


Malaysian Resources Bhd Cyclically Adjusted PB Ratio Related Terms

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


Malaysian Resources Bhd (XKLS:1651) Business Description

Traded in Other Exchanges
N/A
Address
No. 203, Jalan Tun Sambanthan, Level 30, Menara Allianz Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Malaysian Resources Corp Bhd is an investment holding company engaged in construction and property development. The group has four reportable segments: Property development and Investment, Engineering, Construction and environment, and others. Geographically it derives the majority of its revenue from Malaysia and also has a presence in Australia, Hong Kong, and New Zealand.

Malaysian Resources Bhd (XKLS:1651) Headlines

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