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Southern Acids (M) Bhd (XKLS:5134) Cyclically Adjusted PB Ratio : 0.70 (As of May. 28, 2024)


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What is Southern Acids (M) Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Southern Acids (M) Bhd's current share price is RM3.68. Southern Acids (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM5.22. Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio for today is 0.70.

The historical rank and industry rank for Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:5134' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.75   Max: 0.94
Current: 0.71

During the past years, Southern Acids (M) Bhd's highest Cyclically Adjusted PB Ratio was 0.94. The lowest was 0.60. And the median was 0.75.

XKLS:5134's Cyclically Adjusted PB Ratio is ranked better than
61.66% of 433 companies
in the Conglomerates industry
Industry Median: 0.99 vs XKLS:5134: 0.71

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.

Southern Acids (M) Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM5.578. 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 RM5.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Acids (M) Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Southern Acids (M) 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.

Southern Acids (M) Bhd Cyclically Adjusted PB Ratio Chart

Southern Acids (M) Bhd 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 - - - 0.82 0.71

Southern Acids (M) Bhd 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 0.74 0.71 0.67 0.65 0.60

Competitive Comparison of Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Southern Acids (M) 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.


Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio falls into.



Southern Acids (M) 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.

Southern Acids (M) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.68/5.22
=0.70

* 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.

Southern Acids (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Southern Acids (M) 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)
=5.578/129.4194*129.4194
=5.578

Current CPI (Dec. 2023) = 129.4194.

Southern Acids (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.466 99.695 4.499
201406 3.487 100.560 4.488
201409 3.515 100.428 4.530
201412 3.548 99.070 4.635
201503 3.603 99.621 4.681
201506 3.741 100.684 4.809
201509 3.690 100.392 4.757
201512 3.759 99.792 4.875
201603 3.741 100.470 4.819
201606 3.797 101.688 4.832
201609 3.842 101.861 4.881
201612 3.979 101.863 5.055
201703 4.154 102.862 5.226
201706 4.228 103.349 5.295
201709 4.194 104.136 5.212
201712 4.226 104.011 5.258
201803 4.282 105.290 5.263
201806 4.304 106.317 5.239
201809 4.350 106.507 5.286
201812 4.429 105.998 5.408
201903 4.391 107.251 5.299
201906 4.480 108.070 5.365
201909 4.435 108.329 5.298
201912 4.492 108.420 5.362
202003 4.341 108.902 5.159
202006 4.583 108.767 5.453
202009 4.585 109.815 5.404
202012 4.620 109.897 5.441
202103 4.657 111.754 5.393
202106 4.813 114.631 5.434
202109 4.912 115.734 5.493
202112 5.097 117.630 5.608
202203 5.313 121.301 5.669
202206 5.411 125.017 5.602
202209 5.527 125.227 5.712
202212 5.522 125.222 5.707
202303 5.513 127.348 5.603
202306 5.657 128.729 5.687
202309 5.638 129.860 5.619
202312 5.578 129.419 5.578

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.


Southern Acids (M) Bhd  (XKLS:5134) 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.


Southern Acids (M) Bhd Cyclically Adjusted PB Ratio Related Terms

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


Southern Acids (M) Bhd (XKLS:5134) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300
Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

Southern Acids (M) Bhd (XKLS:5134) Headlines

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