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Tomei Consolidated Bhd (XKLS:7230) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 07, 2024)


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What is Tomei Consolidated Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Tomei Consolidated Bhd's current share price is RM1.88. Tomei Consolidated Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM2.01. Tomei Consolidated Bhd's Cyclically Adjusted PB Ratio for today is 0.94.

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

XKLS:7230' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.61   Max: 1.03
Current: 0.91

During the past years, Tomei Consolidated Bhd's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.45. And the median was 0.61.

XKLS:7230's Cyclically Adjusted PB Ratio is ranked better than
59.06% of 762 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs XKLS:7230: 0.91

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.

Tomei Consolidated Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM2.869. 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 RM2.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tomei Consolidated Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tomei Consolidated 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.

Tomei Consolidated Bhd Cyclically Adjusted PB Ratio Chart

Tomei Consolidated Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.61 0.56 0.64

Tomei Consolidated Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 0.55 0.59 0.64 0.75

Competitive Comparison of Tomei Consolidated Bhd's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Tomei Consolidated 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.


Tomei Consolidated Bhd's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tomei Consolidated Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tomei Consolidated 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.88/2.01
=0.94

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.869/131.7762*131.7762
=2.869

Current CPI (Mar. 2024) = 131.7762.

Tomei Consolidated Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.322 100.560 1.732
201409 1.329 100.428 1.744
201412 1.309 99.070 1.741
201503 1.354 99.621 1.791
201506 1.305 100.684 1.708
201509 1.285 100.392 1.687
201512 1.300 99.792 1.717
201603 1.319 100.470 1.730
201606 1.324 101.688 1.716
201609 1.330 101.861 1.721
201612 1.334 101.863 1.726
201703 1.366 102.862 1.750
201706 1.413 103.349 1.802
201709 1.420 104.136 1.797
201712 1.440 104.011 1.824
201803 1.456 105.290 1.822
201806 1.449 106.317 1.796
201809 1.432 106.507 1.772
201812 1.462 105.998 1.818
201903 1.483 107.251 1.822
201906 1.478 108.070 1.802
201909 1.494 108.329 1.817
201912 1.512 108.420 1.838
202003 1.541 108.902 1.865
202006 1.555 108.767 1.884
202009 1.657 109.815 1.988
202012 1.740 109.897 2.086
202103 1.840 111.754 2.170
202106 1.829 114.631 2.103
202109 1.834 115.734 2.088
202112 1.954 117.630 2.189
202203 2.068 121.301 2.247
202206 2.243 125.017 2.364
202209 2.346 125.227 2.469
202212 2.421 125.222 2.548
202303 2.506 127.348 2.593
202306 2.589 128.729 2.650
202309 2.663 129.860 2.702
202312 2.718 129.419 2.767
202403 2.869 131.776 2.869

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.


Tomei Consolidated Bhd  (XKLS:7230) 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.


Tomei Consolidated Bhd Cyclically Adjusted PB Ratio Related Terms

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


Tomei Consolidated Bhd (XKLS:7230) Business Description

Traded in Other Exchanges
N/A
Address
Jalan 2/131A, Jalan Kelang Lama, 8-1, Batu 6, Project Jaya Industrial Estate, Kuala Lumpur, MYS, 58200
Tomei Consolidated Bhd is an integrated jewellery manufacturer and retailer of gold and jewellery. The company operates its business through two segments: Manufacturing and Wholesales; and Retail segment. Its wholesale segment serves various jewellery retailers in Malaysia and some of its products are exported to Singapore, Vietnam, Thailand, Indonesia, and European countries. The company operates some retail outlets under brands - Tomei, Goldheart, Le Lumiere and De Beers. Its retail segment contributes to the vast majority of total revenue.

Tomei Consolidated Bhd (XKLS:7230) Headlines

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