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PLS Plantations Bhd (XKLS:9695) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 10, 2024)


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What is PLS Plantations Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-10), PLS Plantations Bhd's current share price is RM0.755. PLS Plantations Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.07. PLS Plantations Bhd's Cyclically Adjusted PB Ratio for today is 0.71.

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

XKLS:9695' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.9   Max: 1.14
Current: 0.7

During the past years, PLS Plantations Bhd's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.65. And the median was 0.90.

XKLS:9695's Cyclically Adjusted PB Ratio is ranked better than
75.6% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XKLS:9695: 0.70

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.

PLS Plantations Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.627. 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 RM1.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PLS Plantations Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PLS Plantations 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.

PLS Plantations Bhd Cyclically Adjusted PB Ratio Chart

PLS Plantations Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.95 0.78

PLS Plantations Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 0.94 0.78 0.87 0.80 0.68

Competitive Comparison of PLS Plantations Bhd's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, PLS Plantations 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.


PLS Plantations Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PLS Plantations Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PLS Plantations 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.755/1.07
=0.71

* 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.

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

For example, PLS Plantations 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)
=0.627/131.7762*131.7762
=0.627

Current CPI (Mar. 2024) = 131.7762.

PLS Plantations Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.242 98.326 1.665
201403 1.286 99.695 1.700
201406 1.284 100.560 1.683
201409 1.277 100.428 1.676
201412 1.277 99.070 1.699
201503 1.323 99.621 1.750
201506 1.312 100.684 1.717
201509 1.300 100.392 1.706
201512 1.299 99.792 1.715
201603 1.260 100.470 1.653
201606 1.248 101.688 1.617
201609 1.245 101.861 1.611
201612 1.245 101.863 1.611
201703 0.563 102.862 0.721
201706 1.229 103.349 1.567
201709 1.231 104.136 1.558
201712 1.232 104.011 1.561
201803 0.584 105.290 0.731
201806 0.574 106.317 0.711
201809 0.534 106.507 0.661
201812 0.525 105.998 0.653
201903 0.553 107.251 0.679
201906 0.546 108.070 0.666
201909 0.549 108.329 0.668
201912 0.551 108.420 0.670
202003 0.535 108.902 0.647
202006 0.523 108.767 0.634
202009 0.561 109.815 0.673
202012 0.565 109.897 0.677
202109 0.637 115.734 0.725
202112 0.655 117.630 0.734
202203 0.686 121.301 0.745
202206 0.685 125.017 0.722
202209 0.690 125.227 0.726
202212 0.694 125.222 0.730
202303 0.709 127.348 0.734
202306 0.637 128.729 0.652
202309 0.640 129.860 0.649
202312 0.608 129.419 0.619
202403 0.627 131.776 0.627

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.


PLS Plantations Bhd  (XKLS:9695) 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.


PLS Plantations Bhd Cyclically Adjusted PB Ratio Related Terms

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


PLS Plantations Bhd (XKLS:9695) Business Description

Traded in Other Exchanges
N/A
Address
Menara TSR, No. 12, Jalan PJU 7/3, Unit No. 9-01, Level 9, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47810
PLS Plantations Bhd is an investment holding company. The company's operating segment includes Construction; Plantation; Investment holding, Trading and Others. It generates maximum revenue from the Plantation segment. Plantation segment is engaged in the management and operation of forest plantation, logging, saw milling, chipping and other downstream manufacturing and related activities as well as operation of oil palm plantation. Geographically, it operates only in Malaysia.

PLS Plantations Bhd (XKLS:9695) Headlines

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