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Keck Seng (Malaysia) Bhd (XKLS:3476) Cyclically Adjusted PB Ratio : 0.83 (As of May. 28, 2024)


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What is Keck Seng (Malaysia) Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Keck Seng (Malaysia) Bhd's current share price is RM6.16. Keck Seng (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM7.38. Keck Seng (Malaysia) Bhd's Cyclically Adjusted PB Ratio for today is 0.83.

The historical rank and industry rank for Keck Seng (Malaysia) Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:3476' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.57   Max: 0.86
Current: 0.84

During the past years, Keck Seng (Malaysia) Bhd's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.47. And the median was 0.57.

XKLS:3476's Cyclically Adjusted PB Ratio is ranked better than
69.03% of 1282 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XKLS:3476: 0.84

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.

Keck Seng (Malaysia) Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM7.615. 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 RM7.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keck Seng (Malaysia) Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keck Seng (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.

Keck Seng (Malaysia) Bhd Cyclically Adjusted PB Ratio Chart

Keck Seng (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 0.77 0.62 0.52 0.50 0.65

Keck Seng (Malaysia) 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 0.50 0.47 0.48 0.57 0.65

Competitive Comparison of Keck Seng (Malaysia) Bhd's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Keck Seng (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.


Keck Seng (Malaysia) Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Keck Seng (Malaysia) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Keck Seng (Malaysia) Bhd's Cyclically Adjusted PB Ratio falls into.



Keck Seng (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.

Keck Seng (Malaysia) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.16/7.38
=0.83

* 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.

Keck Seng (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Keck Seng (Malaysia) 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)
=7.615/129.4194*129.4194
=7.615

Current CPI (Dec. 2023) = 129.4194.

Keck Seng (Malaysia) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.509 99.695 7.152
201406 5.425 100.560 6.982
201409 5.485 100.428 7.068
201412 5.648 99.070 7.378
201503 5.784 99.621 7.514
201506 5.827 100.684 7.490
201509 5.957 100.392 7.679
201512 5.857 99.792 7.596
201603 5.836 100.470 7.518
201606 5.791 101.688 7.370
201609 5.941 101.861 7.548
201612 6.160 101.863 7.826
201703 6.372 102.862 8.017
201706 6.447 103.349 8.073
201709 6.492 104.136 8.068
201712 6.626 104.011 8.245
201803 6.376 105.290 7.837
201806 6.393 106.317 7.782
201809 6.242 106.507 7.585
201812 6.246 105.998 7.626
201903 6.253 107.251 7.546
201906 6.277 108.070 7.517
201909 6.152 108.329 7.350
201912 6.248 108.420 7.458
202003 6.102 108.902 7.252
202006 6.131 108.767 7.295
202009 6.060 109.815 7.142
202012 5.995 109.897 7.060
202103 6.160 111.754 7.134
202106 6.175 114.631 6.972
202109 6.139 115.734 6.865
202112 6.289 117.630 6.919
202203 6.381 121.301 6.808
202206 6.506 125.017 6.735
202209 6.646 125.227 6.869
202212 6.779 125.222 7.006
202303 6.953 127.348 7.066
202306 7.101 128.729 7.139
202309 7.100 129.860 7.076
202312 7.615 129.419 7.615

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.


Keck Seng (Malaysia) Bhd  (XKLS:3476) 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.


Keck Seng (Malaysia) Bhd Cyclically Adjusted PB Ratio Related Terms

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


Keck Seng (Malaysia) Bhd (XKLS:3476) Business Description

Traded in Other Exchanges
N/A
Address
13th Floor, City Plaza, Suite 1301, Johor Bahru, JHR, MYS, 80300
Keck Seng (Malaysia) Bhd is a Malaysia based company engaged in the business of palm oil cultivation and manufacturing. In addition, it is also involved in the business activities of property development and investment, and hotels and resorts ownership. The operating segments of the company are Manufacturing, Hotels and resort, Property, and Plantations. It generates the majority of the revenue from the Manufacturing segment which relates to the processing and marketing of refined palm oil products. The group's operations are carried out principally in Malaysia, Singapore, Hong Kong, Canada, and the United States of America of which key revenue is derived from Malaysia.

Keck Seng (Malaysia) Bhd (XKLS:3476) Headlines

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