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Homeritz Bhd (XKLS:5160) Cyclically Adjusted PB Ratio : 1.23 (As of Jun. 14, 2024)


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What is Homeritz Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Homeritz Bhd's current share price is RM0.605. Homeritz Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was RM0.49. Homeritz Bhd's Cyclically Adjusted PB Ratio for today is 1.23.

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

XKLS:5160' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.26   Max: 2.5
Current: 1.21

During the past years, Homeritz Bhd's highest Cyclically Adjusted PB Ratio was 2.50. The lowest was 0.99. And the median was 1.26.

XKLS:5160's Cyclically Adjusted PB Ratio is ranked better than
54.31% of 313 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.42 vs XKLS:5160: 1.21

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.

Homeritz Bhd's adjusted book value per share data for the three months ended in Feb. 2024 was RM0.631. 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 RM0.49 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Homeritz Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Homeritz 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.

Homeritz Bhd Cyclically Adjusted PB Ratio Chart

Homeritz Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.61 1.58 1.19 1.02

Homeritz Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.14 1.01 1.02 1.07 1.09

Competitive Comparison of Homeritz Bhd's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Homeritz 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.


Homeritz Bhd's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Homeritz Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Homeritz 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.605/0.49
=1.23

* 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.

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

For example, Homeritz Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.631/130.9299*130.9299
=0.631

Current CPI (Feb. 2024) = 130.9299.

Homeritz Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.237 100.373 0.309
201408 0.246 100.352 0.321
201411 0.257 99.635 0.338
201502 0.258 99.032 0.341
201505 0.274 100.333 0.358
201508 0.272 100.548 0.354
201511 0.296 100.135 0.387
201602 0.297 100.040 0.389
201605 0.315 101.355 0.407
201608 0.311 101.617 0.401
201611 0.333 101.829 0.428
201702 0.330 102.779 0.420
201705 0.342 103.256 0.434
201708 0.353 103.587 0.446
201711 0.371 104.072 0.467
201802 0.363 105.052 0.452
201805 0.375 106.148 0.463
201808 0.384 106.383 0.473
201811 0.397 106.338 0.489
201902 0.400 106.649 0.491
201905 0.419 108.048 0.508
201908 0.415 108.245 0.502
201911 0.436 108.519 0.526
202002 0.444 109.139 0.533
202005 0.450 108.175 0.545
202008 0.470 109.662 0.561
202011 0.486 109.793 0.580
202102 0.484 110.968 0.571
202105 0.495 113.576 0.571
202108 0.495 115.421 0.562
202111 0.516 117.269 0.576
202202 0.533 119.703 0.583
202205 0.557 123.323 0.591
202208 0.561 124.958 0.588
202211 0.575 125.607 0.599
202302 0.577 126.928 0.595
202305 0.590 128.314 0.602
202308 0.607 129.538 0.614
202311 0.627 129.548 0.634
202402 0.631 130.930 0.631

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.


Homeritz Bhd  (XKLS:5160) 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.


Homeritz Bhd Cyclically Adjusted PB Ratio Related Terms

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


Homeritz Bhd (XKLS:5160) Business Description

Traded in Other Exchanges
N/A
Address
Lot 8726, PTD 6023, Batu 8, Kawasan Perindustrian Bukit Bakri, Muar, JHR, MYS, 84200
Homeritz Corp Bhd an investment holding company, designs, manufactures and sells upholstery furniture products. The company provides upholstery home furniture products consisting of leather and fabric-based sofas, dining chairs, and bed frames; and lifestyle furniture products under the Eritz brand. It is also involved in property investment activities and the design, manufacture, and sale of furniture and furniture parts. The company's majority revenue comes from Asia and the Asia Pacific region (excluding Malaysia).

Homeritz Bhd (XKLS:5160) Headlines

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