GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Carlsberg Brewery Malaysia Bhd (XKLS:2836) » Definitions » Cyclically Adjusted PB Ratio

Carlsberg Brewery Malaysia Bhd (XKLS:2836) Cyclically Adjusted PB Ratio : 22.84 (As of May. 17, 2024)


View and export this data going back to 1972. Start your Free Trial

What is Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Carlsberg Brewery Malaysia Bhd's current share price is RM20.10. Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.88. Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 22.84.

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

XKLS:2836' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 20.77   Med: 23.37   Max: 27
Current: 22.2

During the past years, Carlsberg Brewery Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 27.00. The lowest was 20.77. And the median was 23.37.

XKLS:2836's Cyclically Adjusted PB Ratio is ranked worse than
98.14% of 161 companies
in the Beverages - Alcoholic industry
Industry Median: 1.95 vs XKLS:2836: 22.20

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.

Carlsberg Brewery Malaysia Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.071. 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 RM0.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PB Ratio Chart

Carlsberg Brewery Malaysia 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 - - 22.28 25.42 21.62

Carlsberg Brewery Malaysia 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 23.98 22.51 22.09 21.62 20.93

Competitive Comparison of Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Carlsberg Brewery Malaysia 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.


Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.10/0.88
=22.84

* 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.

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

For example, Carlsberg Brewery Malaysia 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)
=1.071/131.7762*131.7762
=1.071

Current CPI (Mar. 2024) = 131.7762.

Carlsberg Brewery Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.635 100.560 0.832
201409 0.822 100.428 1.079
201412 1.021 99.070 1.358
201503 1.187 99.621 1.570
201506 0.641 100.684 0.839
201509 0.923 100.392 1.212
201512 1.098 99.792 1.450
201603 1.261 100.470 1.654
201606 0.774 101.688 1.003
201609 0.927 101.861 1.199
201612 1.052 101.863 1.361
201703 1.271 102.862 1.628
201706 0.787 103.349 1.003
201709 0.826 104.136 1.045
201712 0.978 104.011 1.239
201803 1.221 105.290 1.528
201806 0.468 106.317 0.580
201809 0.513 106.507 0.635
201812 0.553 105.998 0.687
201903 0.684 107.251 0.840
201906 0.371 108.070 0.452
201909 0.432 108.329 0.526
201912 0.486 108.420 0.591
202003 0.547 108.902 0.662
202006 0.592 108.767 0.717
202009 0.429 109.815 0.515
202012 0.549 109.897 0.658
202103 0.651 111.754 0.768
202106 0.481 114.631 0.553
202109 0.470 115.734 0.535
202112 0.691 117.630 0.774
202203 0.907 121.301 0.985
202206 0.438 125.017 0.462
202209 0.466 125.227 0.490
202212 0.483 125.222 0.508
202303 0.806 127.348 0.834
202306 0.659 128.729 0.675
202309 0.685 129.860 0.695
202312 0.749 129.419 0.763
202403 1.071 131.776 1.071

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.


Carlsberg Brewery Malaysia Bhd  (XKLS:2836) 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.


Carlsberg Brewery Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms

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


Carlsberg Brewery Malaysia Bhd (XKLS:2836) Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Persiaran Selangor, Section 15, Shah Alam, SGR, MYS, 40200
Carlsberg Brewery Malaysia Bhd is a Carlsberg Group subsidiary that produces and sells beer, stout, cider, shandy, and nonalcoholic malt beverages in Asia. The company produces its products in Malaysia, and nearly all sales are in Malaysia and Singapore. Carlsberg Brewery Malaysia also exports products to Sri Lanka, Thailand, Taiwan, and Hong Kong. Carlsberg is the company's flagship brand. Other brands include Kronenbourg 1664, Somersby Ciders, Asahi Dry, Royal Stout, Skol, Jolly Shandy, Nutrimalt, Connor's Stout Porter, and Corona Extra.

Carlsberg Brewery Malaysia Bhd (XKLS:2836) Headlines

No Headlines