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Berjaya Bhd (XKLS:3395) Cyclically Adjusted PB Ratio : 0.20 (As of May. 29, 2024)


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What is Berjaya Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Berjaya Bhd's current share price is RM0.295. Berjaya Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.48. Berjaya Bhd's Cyclically Adjusted PB Ratio for today is 0.20.

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

XKLS:3395' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.17   Max: 0.3
Current: 0.2

During the past years, Berjaya Bhd's highest Cyclically Adjusted PB Ratio was 0.30. The lowest was 0.11. And the median was 0.17.

XKLS:3395's Cyclically Adjusted PB Ratio is ranked better than
90.37% of 436 companies
in the Conglomerates industry
Industry Median: 0.99 vs XKLS:3395: 0.20

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.

Berjaya Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.999. 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 RM1.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berjaya Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Berjaya 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.

Berjaya Bhd Cyclically Adjusted PB Ratio Chart

Berjaya Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.12 0.17 0.15 0.19

Berjaya Bhd Quarterly Data
Oct18 Jan19 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 0.19 0.19 0.19 0.18 0.18

Competitive Comparison of Berjaya Bhd's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Berjaya 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.


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

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

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



Berjaya 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.295/1.48
=0.20

* 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.

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

For example, Berjaya 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)
=0.999/129.4194*129.4194
=0.999

Current CPI (Dec. 2023) = 129.4194.

Berjaya Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201310 1.227 98.536 1.612
201401 1.258 98.692 1.650
201404 1.191 100.023 1.541
201407 1.244 100.520 1.602
201410 1.279 100.176 1.652
201501 1.561 98.604 2.049
201504 1.410 99.824 1.828
201507 1.517 100.691 1.950
201510 1.469 100.346 1.895
201601 1.445 99.957 1.871
201604 1.290 100.947 1.654
201607 1.399 101.524 1.783
201610 1.426 101.988 1.810
201701 1.439 102.456 1.818
201704 1.310 103.167 1.643
201707 1.318 103.278 1.652
201710 1.289 104.070 1.603
201801 1.261 104.578 1.561
201804 1.248 105.708 1.528
201807 1.230 106.324 1.497
201810 1.230 106.695 1.492
201901 1.220 106.200 1.487
201909 1.158 108.329 1.383
201912 1.145 108.420 1.367
202003 1.231 108.902 1.463
202006 1.224 108.767 1.456
202009 1.237 109.815 1.458
202012 1.201 109.897 1.414
202103 1.182 111.754 1.369
202106 1.122 114.631 1.267
202109 1.108 115.734 1.239
202112 1.123 117.630 1.236
202203 1.127 121.301 1.202
202206 1.033 125.017 1.069
202209 1.039 125.227 1.074
202212 1.052 125.222 1.087
202303 1.057 127.348 1.074
202306 1.040 128.729 1.046
202309 1.000 129.860 0.997
202312 0.999 129.419 0.999

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.


Berjaya Bhd  (XKLS:3395) 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.


Berjaya Bhd Cyclically Adjusted PB Ratio Related Terms

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


Berjaya Bhd (XKLS:3395) Business Description

Traded in Other Exchanges
Address
Level 12 (East Wing), Berjaya Times Square, No.1 Jalan Imbi, Kuala Lumpur, SGR, MYS, 55100
Berjaya Corp Bhd is a Malaysia-based conglomerate which is engaged in financial services, consumer products marketing, property investment, hotel operation, gaming, Property Investment and Development, gaming and Lottery Management, Food and Beverage, restaurant operation, and others. The company operates in four main segments, namely Retail, Services, Property and Hospitality. The company generates the majority of its revenue from the Malaysian domestic market.

Berjaya Bhd (XKLS:3395) Headlines

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