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Knusford Bhd (XKLS:5035) Cyclically Adjusted PB Ratio : 0.26 (As of May. 23, 2024)


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What is Knusford Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Knusford Bhd's current share price is RM0.77. Knusford Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM3.00. Knusford Bhd's Cyclically Adjusted PB Ratio for today is 0.26.

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

XKLS:5035' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.2   Max: 0.31
Current: 0.27

During the past years, Knusford Bhd's highest Cyclically Adjusted PB Ratio was 0.31. The lowest was 0.15. And the median was 0.20.

XKLS:5035's Cyclically Adjusted PB Ratio is ranked better than
95.12% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs XKLS:5035: 0.27

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.

Knusford Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM2.278. 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 RM3.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knusford Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Knusford 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.

Knusford Bhd Cyclically Adjusted PB Ratio Chart

Knusford Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.21

Knusford Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 0.20 0.21 0.16 0.30 0.28

Competitive Comparison of Knusford Bhd's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Knusford 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.


Knusford Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

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



Knusford 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.77/3
=0.26

* 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.

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

For example, Knusford 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)
=2.278/129.4194*129.4194
=2.278

Current CPI (Dec. 2023) = 129.4194.

Knusford Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201309 2.715 98.790 3.557
201312 2.720 98.326 3.580
201403 2.731 99.695 3.545
201406 2.752 100.560 3.542
201409 2.746 100.428 3.539
201412 2.951 99.070 3.855
201503 2.953 99.621 3.836
201506 2.984 100.684 3.836
201509 2.934 100.392 3.782
201512 2.917 99.792 3.783
201603 2.888 100.470 3.720
201606 2.865 101.688 3.646
201609 2.809 101.861 3.569
201612 2.499 101.863 3.175
201703 2.712 102.862 3.412
201706 2.685 103.349 3.362
201709 2.648 104.136 3.291
201712 2.431 104.011 3.025
201803 2.556 105.290 3.142
201806 2.392 106.317 2.912
201809 2.363 106.507 2.871
201812 2.105 105.998 2.570
201903 2.112 107.251 2.549
201906 2.143 108.070 2.566
201909 2.180 108.329 2.604
201912 2.273 108.420 2.713
202003 2.262 108.902 2.688
202006 2.231 108.767 2.655
202009 2.295 109.815 2.705
202012 2.276 109.897 2.680
202103 2.269 111.754 2.628
202106 2.264 114.631 2.556
202109 2.252 115.734 2.518
202206 2.201 125.017 2.279
202209 2.179 125.227 2.252
202212 2.182 125.222 2.255
202303 2.201 127.348 2.237
202306 2.166 128.729 2.178
202309 2.243 129.860 2.235
202312 2.278 129.419 2.278

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.


Knusford Bhd  (XKLS:5035) 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.


Knusford Bhd Cyclically Adjusted PB Ratio Related Terms

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


Knusford Bhd (XKLS:5035) Business Description

Traded in Other Exchanges
N/A
Address
Number C-G-03, Blok C, Tropez Residen, Persiaran Danga Perdana, Johor Bahru, JHR, MYS, 80200
Knusford Bhd is engaged in investment holding and property investment. The group has five reportable segments namely Trading, Services, Property Development, Investment Property, Construction, and Services. The Trading segment of the company includes sales of light and heavy machinery and trading of building materials; Property development includes the development of residential and commercial properties; Investment property consists of the rental of investment properties; Construction includes civil works contracting and landscape construction; and the Services segment includes rental of machinery and equipment, provision of transportation services, project management services and landscape maintenance. The generates the majority of the revenue from the Construction segment.

Knusford Bhd (XKLS:5035) Headlines

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