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MK Land Holdings Bhd (XKLS:8893) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 05, 2024)


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What is MK Land Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-05), MK Land Holdings Bhd's current share price is RM0.21. MK Land Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.19. MK Land Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.18.

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

XKLS:8893' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.17   Max: 0.25
Current: 0.18

During the past years, MK Land Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.25. The lowest was 0.12. And the median was 0.17.

XKLS:8893's Cyclically Adjusted PB Ratio is ranked better than
83.94% of 1376 companies
in the Real Estate industry
Industry Median: 0.71 vs XKLS:8893: 0.18

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.

MK Land Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.036. 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 RM1.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MK Land Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MK Land Holdings 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.

MK Land Holdings Bhd Cyclically Adjusted PB Ratio Chart

MK Land Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.18 0.13 0.12

MK Land Holdings 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 0.13 0.12 0.21 0.20 0.18

Competitive Comparison of MK Land Holdings Bhd's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, MK Land Holdings 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.


MK Land Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MK Land Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MK Land Holdings 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.

MK Land Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.21/1.19
=0.18

* 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.

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

For example, MK Land Holdings 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)
=1.036/131.7762*131.7762
=1.036

Current CPI (Mar. 2024) = 131.7762.

MK Land Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.952 100.560 1.248
201409 0.958 100.428 1.257
201412 0.949 99.070 1.262
201503 0.952 99.621 1.259
201506 0.967 100.684 1.266
201509 0.969 100.392 1.272
201512 0.953 99.792 1.258
201603 0.957 100.470 1.255
201606 0.960 101.688 1.244
201609 0.964 101.861 1.247
201612 0.967 101.863 1.251
201703 0.971 102.862 1.244
201706 0.967 103.349 1.233
201709 0.979 104.136 1.239
201712 0.983 104.011 1.245
201803 0.986 105.290 1.234
201806 0.990 106.317 1.227
201809 0.995 106.507 1.231
201812 0.997 105.998 1.239
201903 0.998 107.251 1.226
201906 0.995 108.070 1.213
201909 0.996 108.329 1.212
201912 0.997 108.420 1.212
202003 1.001 108.902 1.211
202006 0.991 108.767 1.201
202009 0.995 109.815 1.194
202012 0.997 109.897 1.195
202103 0.999 111.754 1.178
202106 1.008 114.631 1.159
202109 1.010 115.734 1.150
202112 1.012 117.630 1.134
202203 1.015 121.301 1.103
202206 1.022 125.017 1.077
202209 1.023 125.227 1.077
202212 1.025 125.222 1.079
202303 1.026 127.348 1.062
202306 1.033 128.729 1.057
202309 1.034 129.860 1.049
202312 1.035 129.419 1.054
202403 1.036 131.776 1.036

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.


MK Land Holdings Bhd  (XKLS:8893) 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.


MK Land Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


MK Land Holdings Bhd (XKLS:8893) Business Description

Traded in Other Exchanges
N/A
Address
Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

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