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PJBumi Bhd (XKLS:7163) Cyclically Adjusted PB Ratio : 2.04 (As of May. 31, 2024)


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What is PJBumi Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-31), PJBumi Bhd's current share price is RM0.715. PJBumi Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was RM0.35. PJBumi Bhd's Cyclically Adjusted PB Ratio for today is 2.04.

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

XKLS:7163' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.17   Max: 4.37
Current: 2.17

During the past years, PJBumi Bhd's highest Cyclically Adjusted PB Ratio was 4.37. The lowest was 0.68. And the median was 2.17.

XKLS:7163's Cyclically Adjusted PB Ratio is ranked worse than
73.41% of 1230 companies
in the Construction industry
Industry Median: 1.12 vs XKLS:7163: 2.17

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.

PJBumi Bhd's adjusted book value per share data for the three months ended in Sep. 2023 was RM0.295. 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 RM0.35 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PJBumi Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PJBumi 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.

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PJBumi Bhd Cyclically Adjusted PB Ratio Chart

PJBumi Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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PJBumi Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23
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 0.80 0.98 2.03 2.55 2.95

Competitive Comparison of PJBumi Bhd's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, PJBumi 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.


PJBumi Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PJBumi Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PJBumi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.715/0.35
=2.04

* 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.

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

For example, PJBumi Bhd's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.295/129.8595*129.8595
=0.295

Current CPI (Sep. 2023) = 129.8595.

PJBumi Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.156 96.871 0.209
201303 0.160 98.209 0.212
201306 0.274 98.518 0.361
201309 0.294 98.790 0.386
201312 0.220 98.326 0.291
201403 0.220 99.695 0.287
201406 0.388 100.560 0.501
201409 0.385 100.428 0.498
201412 0.399 99.070 0.523
201503 0.381 99.621 0.497
201506 0.363 100.684 0.468
201509 0.345 100.392 0.446
201512 0.331 99.792 0.431
201603 0.315 100.470 0.407
201606 0.299 101.688 0.382
201609 0.288 101.861 0.367
201612 0.288 101.863 0.367
201703 0.265 102.862 0.335
201706 0.234 103.349 0.294
201709 0.274 104.136 0.342
201712 0.266 104.011 0.332
201803 0.260 105.290 0.321
201806 0.261 106.317 0.319
201809 0.267 106.507 0.326
201812 0.269 105.998 0.330
201903 0.270 107.251 0.327
201906 0.274 108.070 0.329
201909 0.275 108.329 0.330
201912 0.273 108.420 0.327
202003 0.276 108.902 0.329
202006 0.276 108.767 0.330
202009 0.277 109.815 0.328
202103 0.277 111.754 0.322
202109 0.000 115.734 0.000
202112 0.236 117.630 0.261
202203 0.280 121.301 0.300
202209 0.280 125.227 0.290
202303 0.296 127.348 0.302
202306 0.296 128.729 0.299
202309 0.295 129.860 0.295

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.


PJBumi Bhd  (XKLS:7163) 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.


PJBumi Bhd Cyclically Adjusted PB Ratio Related Terms

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


PJBumi Bhd (XKLS:7163) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 11, Jalan Ruang U8/109, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
PJBumi Bhd is an integrated multi-disciplinary engineering and construction services provider. The company's reportable segments include 1. Manufacturing, Engineering Operation Maintenance, and Design, 2. Environmental management services, 3. Construction & Project, 4. Resources, Commodity and General Trading, and 5. Investment.

PJBumi Bhd (XKLS:7163) Headlines

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