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Nestle Malaysia Bhd (XKLS:4707) Cyclically Adjusted PB Ratio : 35.10 (As of May. 28, 2024)


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What is Nestle Malaysia Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Nestle Malaysia Bhd's current share price is RM127.40. Nestle Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM3.63. Nestle Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 35.10.

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

XKLS:4707' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 31.68   Med: 36.73   Max: 41.64
Current: 35.26

During the past years, Nestle Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 41.64. The lowest was 31.68. And the median was 36.73.

XKLS:4707's Cyclically Adjusted PB Ratio is ranked worse than
98.91% of 1282 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XKLS:4707: 35.26

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.

Nestle Malaysia Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM2.429. 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 RM3.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nestle Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nestle 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.

Nestle Malaysia Bhd Cyclically Adjusted PB Ratio Chart

Nestle 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 - 40.73 37.17 37.83 32.28

Nestle 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 37.14 35.31 34.20 32.28 32.56

Competitive Comparison of Nestle Malaysia Bhd's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Nestle 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.


Nestle Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Nestle 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=127.40/3.63
=35.10

* 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.

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

For example, Nestle 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)
=2.429/131.7762*131.7762
=2.429

Current CPI (Mar. 2024) = 131.7762.

Nestle Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.009 100.560 3.943
201409 3.068 100.428 4.026
201412 3.314 99.070 4.408
201503 4.105 99.621 5.430
201506 2.947 100.684 3.857
201509 3.447 100.392 4.525
201512 3.022 99.792 3.991
201603 3.596 100.470 4.716
201606 3.083 101.688 3.995
201609 3.179 101.861 4.113
201612 2.757 101.863 3.567
201703 3.677 102.862 4.711
201706 3.036 103.349 3.871
201709 2.871 104.136 3.633
201712 2.712 104.011 3.436
201803 3.678 105.290 4.603
201806 3.138 106.317 3.889
201809 3.022 106.507 3.739
201812 2.790 105.998 3.469
201903 3.773 107.251 4.636
201906 3.045 108.070 3.713
201909 2.987 108.329 3.634
201912 2.835 108.420 3.446
202003 3.657 108.902 4.425
202006 2.694 108.767 3.264
202009 2.527 109.815 3.032
202012 2.376 109.897 2.849
202103 3.158 111.754 3.724
202106 2.801 114.631 3.220
202109 2.714 115.734 3.090
202112 2.485 117.630 2.784
202203 2.346 121.301 2.549
202206 3.048 125.017 3.213
202209 2.851 125.227 3.000
202212 2.671 125.222 2.811
202303 2.294 127.348 2.374
202306 3.071 128.729 3.144
202309 2.963 129.860 3.007
202312 2.878 129.419 2.930
202403 2.429 131.776 2.429

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.


Nestle Malaysia Bhd  (XKLS:4707) 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.


Nestle Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms

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


Nestle Malaysia Bhd (XKLS:4707) Business Description

Traded in Other Exchanges
Address
No. 1, Persiaran Bandar Utama, Level 22, 1 Powerhouse, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately 80% of total sales. The most well-known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.

Nestle Malaysia Bhd (XKLS:4707) Headlines

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