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Genting Malaysia Bhd (XKLS:4715) Cyclically Adjusted PB Ratio : 0.75 (As of Apr. 27, 2024)


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What is Genting Malaysia Bhd Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Genting Malaysia Bhd's current share price is RM2.60. Genting Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM3.48. Genting Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 0.75.

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

XKLS:4715' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.81   Max: 1.03
Current: 0.75

During the past years, Genting Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.65. And the median was 0.81.

XKLS:4715's Cyclically Adjusted PB Ratio is ranked better than
67.93% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.365 vs XKLS:4715: 0.75

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.

Genting Malaysia Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM2.263. 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 RM3.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genting Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Genting Malaysia 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.

Genting Malaysia Bhd Cyclically Adjusted PB Ratio Chart

Genting Malaysia 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 - 0.87 0.87 0.77 0.77

Genting Malaysia Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 0.77 0.75 0.70 0.71 0.77

Competitive Comparison of Genting Malaysia Bhd's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Genting Malaysia 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.


Genting Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Genting Malaysia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.60/3.48
=0.75

* 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.

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

For example, Genting Malaysia 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)
=2.263/129.4194*129.4194
=2.263

Current CPI (Dec. 2023) = 129.4194.

Genting Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.773 99.695 3.600
201406 2.754 100.560 3.544
201409 2.746 100.428 3.539
201412 2.875 99.070 3.756
201503 3.044 99.621 3.955
201506 3.085 100.684 3.965
201509 3.365 100.392 4.338
201512 3.365 99.792 4.364
201603 3.175 100.470 4.090
201606 3.215 101.688 4.092
201609 3.289 101.861 4.179
201612 3.502 101.863 4.449
201703 3.478 102.862 4.376
201706 3.403 103.349 4.261
201709 3.392 104.136 4.216
201712 3.409 104.011 4.242
201803 3.341 105.290 4.107
201806 3.371 106.317 4.104
201809 3.091 106.507 3.756
201812 3.223 105.998 3.935
201903 3.157 107.251 3.810
201906 3.195 108.070 3.826
201909 3.216 108.329 3.842
201912 3.272 108.420 3.906
202003 3.158 108.902 3.753
202006 2.925 108.767 3.480
202009 2.713 109.815 3.197
202012 2.638 109.897 3.107
202103 2.521 111.754 2.919
202106 2.465 114.631 2.783
202109 2.408 115.734 2.693
202112 2.438 117.630 2.682
202203 2.317 121.301 2.472
202206 2.328 125.017 2.410
202209 2.287 125.227 2.364
202212 2.230 125.222 2.305
202303 2.156 127.348 2.191
202306 2.276 128.729 2.288
202309 2.246 129.860 2.238
202312 2.263 129.419 2.263

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.


Genting Malaysia Bhd  (XKLS:4715) 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.


Genting Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms

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


Genting Malaysia Bhd (XKLS:4715) Business Description

Traded in Other Exchanges
Address
Wisma Genting, Jalan Sultan Ismail, 23rd Floor, Kuala Lumpur, MYS, 50250
Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Genting Malaysia Bhd (XKLS:4715) Headlines

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