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FSBM Holdings Bhd (XKLS:9377) Cyclically Adjusted PB Ratio : 7.80 (As of Jun. 09, 2024)


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What is FSBM Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-09), FSBM Holdings Bhd's current share price is RM0.39. FSBM Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.05. FSBM Holdings Bhd's Cyclically Adjusted PB Ratio for today is 7.80.

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

XKLS:9377' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.53   Max: 8.6
Current: 8.4

During the past years, FSBM Holdings Bhd's highest Cyclically Adjusted PB Ratio was 8.60. The lowest was 1.32. And the median was 2.53.

XKLS:9377's Cyclically Adjusted PB Ratio is ranked worse than
94.42% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs XKLS:9377: 8.40

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.

FSBM Holdings Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.054. 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 RM0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FSBM Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FSBM 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.

FSBM Holdings Bhd Cyclically Adjusted PB Ratio Chart

FSBM Holdings Bhd Annual Data
Trend Dec12 Dec13 Jun15 Jun16 Jun17 Jun18 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.24 7.00

FSBM Holdings Bhd Quarterly Data
Sep18 Dec18 Mar19 Sep19 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 2.24 2.52 2.64 4.14 7.00

Competitive Comparison of FSBM Holdings Bhd's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, FSBM 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.


FSBM Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FSBM Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FSBM 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.39/0.05
=7.80

* 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.

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

For example, FSBM Holdings 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)
=0.054/129.4194*129.4194
=0.054

Current CPI (Dec. 2023) = 129.4194.

FSBM Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.128 98.518 0.168
201309 0.121 98.790 0.159
201312 0.087 98.326 0.115
201403 0.081 99.695 0.105
201406 0.078 100.560 0.100
201409 0.074 100.428 0.095
201503 0.074 99.621 0.096
201506 0.048 100.684 0.062
201509 0.046 100.392 0.059
201512 0.044 99.792 0.057
201603 0.044 100.470 0.057
201606 0.026 101.688 0.033
201609 0.023 101.861 0.029
201612 0.025 101.863 0.032
201703 0.026 102.862 0.033
201706 0.025 103.349 0.031
201709 0.025 104.136 0.031
201712 0.024 104.011 0.030
201803 0.023 105.290 0.028
201806 0.022 106.317 0.027
201809 0.022 106.507 0.027
201812 0.022 105.998 0.027
201903 0.021 107.251 0.025
201909 0.020 108.329 0.024
202003 0.019 108.902 0.023
202006 0.018 108.767 0.021
202009 0.018 109.815 0.021
202012 0.017 109.897 0.020
202103 0.017 111.754 0.020
202106 0.016 114.631 0.018
202109 0.016 115.734 0.018
202112 -0.011 117.630 -0.012
202203 -0.009 121.301 -0.010
202206 0.029 125.017 0.030
202209 0.032 125.227 0.033
202212 0.038 125.222 0.039
202303 0.039 127.348 0.040
202306 0.040 128.729 0.040
202309 0.051 129.860 0.051
202312 0.054 129.419 0.054

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.


FSBM Holdings Bhd  (XKLS:9377) 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.


FSBM Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


FSBM Holdings Bhd (XKLS:9377) Business Description

Industry
Traded in Other Exchanges
N/A
Address
699, Jalan Damansara, A-2-6, Glomac Damansara, Wilayah Persekutuan Kuala Lumpur, Kuala Lumpur, SGR, MYS, 60000
FSBM Holdings Bhd is an investment holding company. Its principal activities consist of the distribution of computers, computer-related products, education-related products, and the provision of related services. The company has four reportable segments. The platform design and development include the development of web-based and mobile platforms for customers. The Refurbishment services include refurbishment of pre-owned IT hardware. The lease services include the leasing of IT hardware. The technical support and maintenance services include after-sales service following the completion of the platform design and development projects. The other segment includes activities related to managing security solutions, provision of smart manufacturing solutions, and other services.

FSBM Holdings Bhd (XKLS:9377) Headlines

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