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Luster Industries Bhd (XKLS:5068) Cyclically Adjusted PB Ratio : 0.73 (As of Jun. 08, 2024)


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What is Luster Industries Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Luster Industries Bhd's current share price is RM0.08. Luster Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.11. Luster Industries Bhd's Cyclically Adjusted PB Ratio for today is 0.73.

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

XKLS:5068' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.77   Max: 2.11
Current: 0.74

During the past years, Luster Industries Bhd's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.59. And the median was 0.77.

XKLS:5068's Cyclically Adjusted PB Ratio is ranked better than
83.34% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs XKLS:5068: 0.74

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.

Luster Industries Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.095. 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 RM0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luster Industries Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luster Industries 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.

Luster Industries Bhd Cyclically Adjusted PB Ratio Chart

Luster Industries 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 - - 1.07 0.88 0.66

Luster Industries 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 0.78 0.79 0.69 0.66 0.70

Competitive Comparison of Luster Industries Bhd's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Luster Industries 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.


Luster Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Luster Industries 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/0.11
=0.73

* 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.

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

For example, Luster Industries 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)
=0.095/131.7762*131.7762
=0.095

Current CPI (Mar. 2024) = 131.7762.

Luster Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.101 100.560 0.132
201409 0.091 100.428 0.119
201412 0.096 99.070 0.128
201503 0.094 99.621 0.124
201506 0.105 100.684 0.137
201509 0.094 100.392 0.123
201512 0.086 99.792 0.114
201603 0.086 100.470 0.113
201606 0.087 101.688 0.113
201609 0.086 101.861 0.111
201612 0.072 101.863 0.093
201703 0.073 102.862 0.094
201706 0.078 103.349 0.099
201709 0.078 104.136 0.099
201712 0.078 104.011 0.099
201803 0.079 105.290 0.099
201806 0.080 106.317 0.099
201809 0.082 106.507 0.101
201812 0.085 105.998 0.106
201903 0.086 107.251 0.106
201906 0.087 108.070 0.106
201909 0.085 108.329 0.103
201912 0.089 108.420 0.108
202003 0.086 108.902 0.104
202006 0.088 108.767 0.107
202009 0.080 109.815 0.096
202012 0.097 109.897 0.116
202103 0.098 111.754 0.116
202106 0.098 114.631 0.113
202109 0.099 115.734 0.113
202112 0.100 117.630 0.112
202203 0.099 121.301 0.108
202206 0.099 125.017 0.104
202209 0.101 125.227 0.106
202212 0.093 125.222 0.098
202303 0.095 127.348 0.098
202306 0.095 128.729 0.097
202309 0.099 129.860 0.100
202312 0.095 129.419 0.097
202403 0.095 131.776 0.095

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.


Luster Industries Bhd  (XKLS:5068) 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.


Luster Industries Bhd Cyclically Adjusted PB Ratio Related Terms

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


Luster Industries Bhd (XKLS:5068) Business Description

Traded in Other Exchanges
N/A
Address
Plot 36 & 37, Jalan PKNK Utama, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Luster Industries Bhd is an investment holding company. The company along with its subsidiaries is engaged in Manufacturing of precision plastic parts, sub-assembly, die-casting components and precision engineering works; Construction and property development; Gaming and leisure; Glove manufacturing and EPCC Contract; and Others, which consist of investment holding and inactive companies. The company earns most of its revenue from precision plastic parts, sub-assembly, die-casting components and precision engineering works also majority from malaysian region.

Luster Industries Bhd (XKLS:5068) Headlines

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