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Spritzer Bhd (XKLS:7103) Cyclically Adjusted PB Ratio : 1.73 (As of May. 17, 2024)


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What is Spritzer Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Spritzer Bhd's current share price is RM2.56. Spritzer Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.48. Spritzer Bhd's Cyclically Adjusted PB Ratio for today is 1.73.

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

XKLS:7103' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.09   Max: 1.62
Current: 1.62

During the past years, Spritzer Bhd's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.95. And the median was 1.09.

XKLS:7103's Cyclically Adjusted PB Ratio is ranked better than
63.29% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.38 vs XKLS:7103: 1.62

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.

Spritzer Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.666. 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 RM1.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spritzer Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Spritzer 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.

Spritzer Bhd Cyclically Adjusted PB Ratio Chart

Spritzer Bhd Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.12 1.07 1.24

Spritzer 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 1.07 1.12 1.04 1.08 1.24

Competitive Comparison of Spritzer Bhd's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Spritzer 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.


Spritzer Bhd's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Spritzer Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Spritzer 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.56/1.48
=1.73

* 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.

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

For example, Spritzer 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)
=1.666/129.4194*129.4194
=1.666

Current CPI (Dec. 2023) = 129.4194.

Spritzer Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.876 99.057 1.145
201405 0.929 100.373 1.198
201408 0.967 100.352 1.247
201411 0.955 99.635 1.240
201502 0.954 99.032 1.247
201505 1.016 100.333 1.311
201508 1.051 100.548 1.353
201511 0.992 100.135 1.282
201602 1.002 100.040 1.296
201605 1.089 101.355 1.391
201608 1.140 101.617 1.452
201611 1.061 101.829 1.348
201703 1.090 102.862 1.371
201706 1.086 103.349 1.360
201709 1.115 104.136 1.386
201712 1.195 104.011 1.487
201803 1.217 105.290 1.496
201806 1.201 106.317 1.462
201809 1.225 106.507 1.489
201812 1.236 105.998 1.509
201903 1.261 107.251 1.522
201906 1.262 108.070 1.511
201909 1.291 108.329 1.542
201912 1.319 108.420 1.574
202003 1.350 108.902 1.604
202006 1.357 108.767 1.615
202009 1.362 109.815 1.605
202012 1.410 109.897 1.660
202103 1.431 111.754 1.657
202106 1.419 114.631 1.602
202109 1.441 115.734 1.611
202112 1.469 117.630 1.616
202203 1.493 121.301 1.593
202206 1.494 125.017 1.547
202209 1.538 125.227 1.589
202212 1.575 125.222 1.628
202303 1.569 127.348 1.595
202306 1.568 128.729 1.576
202309 1.623 129.860 1.617
202312 1.666 129.419 1.666

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.


Spritzer Bhd  (XKLS:7103) 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.


Spritzer Bhd Cyclically Adjusted PB Ratio Related Terms

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


Spritzer Bhd (XKLS:7103) Business Description

Traded in Other Exchanges
N/A
Address
Lot 898, Jalan Reservoir, Off Jalan Air Kuning, Taiping, PRK, MYS, 34000
Spritzer Bhd is engaged in the manufacturing and selling of a range of bottled water products. The company operates through three segments. Its Manufacturing segment is a key revenue driver, involved in the manufacture of natural mineral water, carbonated flavored water, distilled water, drinking water, non-carbonated flavored water, polyethylene terephthalate preforms and bottles, caps, and toothbrushes. The Trading segment is into the trading of bottled water and other consumer products. Its Other segment comprises of the recreational park, investment, and properties holding. Its products include Spritzer natural mineral water, Spritzer dispenser series, Spritzer love limited edition, Spritzer tinge, and Spritzer pop.

Spritzer Bhd (XKLS:7103) Headlines

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