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WTK Holdings Bhd (XKLS:4243) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 10, 2024)


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What is WTK Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-10), WTK Holdings Bhd's current share price is RM0.495. WTK Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM2.71. WTK Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.18.

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

XKLS:4243' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.17   Max: 0.2
Current: 0.18

During the past years, WTK Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.20. The lowest was 0.14. And the median was 0.17.

XKLS:4243's Cyclically Adjusted PB Ratio is ranked better than
91.13% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs XKLS:4243: 0.18

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.

WTK Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.651. 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 RM2.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WTK Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WTK 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.

WTK Holdings Bhd Cyclically Adjusted PB Ratio Chart

WTK 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 - - 0.16 0.17 0.16

WTK Holdings 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 0.16 0.16 0.17 0.16 0.18

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

For the Conglomerates subindustry, WTK 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.


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

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

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



WTK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.495/2.71
=0.18

* 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.

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

For example, WTK Holdings 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)
=1.651/131.7762*131.7762
=1.651

Current CPI (Mar. 2024) = 131.7762.

WTK Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.971 100.560 3.893
201409 2.699 100.428 3.541
201412 2.773 99.070 3.688
201503 2.785 99.621 3.684
201506 2.801 100.684 3.666
201509 2.834 100.392 3.720
201512 2.887 99.792 3.812
201603 2.897 100.470 3.800
201606 2.903 101.688 3.762
201609 2.866 101.861 3.708
201612 2.580 101.863 3.338
201703 2.865 102.862 3.670
201706 2.822 103.349 3.598
201709 2.786 104.136 3.525
201712 2.154 104.011 2.729
201803 2.150 105.290 2.691
201806 2.143 106.317 2.656
201809 2.158 106.507 2.670
201812 2.313 105.998 2.876
201903 2.304 107.251 2.831
201906 2.257 108.070 2.752
201909 2.220 108.329 2.700
201912 2.064 108.420 2.509
202003 2.031 108.902 2.458
202006 2.003 108.767 2.427
202009 1.712 109.815 2.054
202012 1.737 109.897 2.083
202103 1.713 111.754 2.020
202106 1.700 114.631 1.954
202109 1.708 115.734 1.945
202112 1.710 117.630 1.916
202203 1.708 121.301 1.855
202206 1.748 125.017 1.843
202209 1.747 125.227 1.838
202212 1.691 125.222 1.780
202303 1.672 127.348 1.730
202306 1.683 128.729 1.723
202309 1.699 129.860 1.724
202312 1.639 129.419 1.669
202403 1.651 131.776 1.651

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.


WTK Holdings Bhd  (XKLS:4243) 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.


WTK Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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WTK Holdings Bhd (XKLS:4243) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Bujang Suntong, Bangunan Hung Ann, Sibu, SWK, MYS, 96000
WTK Holdings Bhd is an investment holding company. The business activity of the firm functions through Timber, Plantation, Tapes, and Investment holding and other segments. The Timber segment comprises integrated operations spanning across upstream logging operation, reforestation and downstream timber processing operation. The Plantation segment consists of upstream oil palm plantation activities and downstream palm oil mill operation. It has a business presence in Malaysia, India, Japan, Taiwan and other countries.

WTK Holdings Bhd (XKLS:4243) Headlines

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