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Media Chinese International (XKLS:5090) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 09, 2024)


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What is Media Chinese International Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Media Chinese International's current share price is RM0.135. Media Chinese International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.48. Media Chinese International's Cyclically Adjusted PB Ratio for today is 0.28.

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

XKLS:5090' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.3   Max: 0.49
Current: 0.28

During the past years, Media Chinese International's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.23. And the median was 0.30.

XKLS:5090's Cyclically Adjusted PB Ratio is ranked better than
88.02% of 693 companies
in the Media - Diversified industry
Industry Median: 1.13 vs XKLS:5090: 0.28

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.

Media Chinese International's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.384. 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 RM0.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Media Chinese International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Media Chinese International'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.

Media Chinese International Cyclically Adjusted PB Ratio Chart

Media Chinese International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.25 0.32 0.32 0.32

Media Chinese International 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 0.35 0.32 0.32 0.31 0.28

Competitive Comparison of Media Chinese International's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Media Chinese International'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.


Media Chinese International's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Media Chinese International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Media Chinese International's Cyclically Adjusted PB Ratio falls into.



Media Chinese International 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.

Media Chinese International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.135/0.48
=0.28

* 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.

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

For example, Media Chinese International'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)
=0.384/117.2957*117.2957
=0.384

Current CPI (Dec. 2023) = 117.2957.

Media Chinese International Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.423 95.749 0.518
201406 0.415 96.409 0.505
201409 0.427 97.948 0.511
201412 0.446 99.707 0.525
201503 0.457 99.927 0.536
201506 0.459 99.267 0.542
201509 0.493 99.927 0.579
201512 0.496 102.015 0.570
201603 0.513 102.785 0.585
201606 0.490 101.686 0.565
201609 0.497 102.565 0.568
201612 0.504 103.225 0.573
201703 0.509 103.335 0.578
201706 0.493 103.664 0.558
201709 0.501 103.994 0.565
201712 0.498 104.984 0.556
201803 0.457 105.973 0.506
201806 0.445 106.193 0.492
201809 0.457 106.852 0.502
201812 0.457 107.622 0.498
201903 0.405 108.172 0.439
201906 0.411 109.601 0.440
201909 0.415 110.260 0.441
201912 0.423 110.700 0.448
202003 0.413 110.920 0.437
202006 0.395 110.590 0.419
202009 0.397 107.512 0.433
202012 0.404 109.711 0.432
202103 0.404 111.579 0.425
202106 0.399 111.360 0.420
202109 0.401 109.051 0.431
202112 0.411 112.349 0.429
202203 0.404 113.558 0.417
202206 0.400 113.448 0.414
202209 0.398 113.778 0.410
202212 0.408 114.548 0.418
202303 0.406 115.427 0.413
202306 0.386 115.647 0.392
202309 0.382 116.087 0.386
202312 0.384 117.296 0.384

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.


Media Chinese International  (XKLS:5090) 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.


Media Chinese International Cyclically Adjusted PB Ratio Related Terms

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


Media Chinese International (XKLS:5090) Business Description

Traded in Other Exchanges
Address
18 Ka Yip Street, 15th Floor, Block A, Ming Pao Industrial Centre, Chai Wan, Hong Kong, HKG
Media Chinese International Ltd is a Hong Kong-based investment holding company principally engaged in publishing, printing, and distributing newspapers, magazines, books, and digital content that are written in Chinese. The company also provides travel and travel-related services. The group operates through various geographical regions, including Malaysia and other Southeast Asian countries, Hong Kong, Taiwan, and North America; however, the company derives the majority of its revenue from the publishing and printing business.

Media Chinese International (XKLS:5090) Headlines

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