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British American Tobacco Malaysia Bhd (British American Tobacco Malaysia Bhd) Cyclically Adjusted PB Ratio : 2.69 (As of Jun. 01, 2024)


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What is British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-01), British American Tobacco Malaysia Bhd's current share price is $1.29. British American Tobacco Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.48. British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 2.69.

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

BATMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.55   Med: 6.13   Max: 9.08
Current: 4.73

During the past years, British American Tobacco Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 9.08. The lowest was 4.55. And the median was 6.13.

BATMF's Cyclically Adjusted PB Ratio is ranked worse than
65.63% of 32 companies
in the Tobacco Products industry
Industry Median: 2.715 vs BATMF: 4.73

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.

British American Tobacco Malaysia Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was $0.273. 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 $0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for British American Tobacco 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.

British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Chart

British American Tobacco 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 - 8.19 7.86 6.18 5.22

British American Tobacco Malaysia 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 5.95 5.58 5.12 5.22 4.54

Competitive Comparison of British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio

For the Tobacco subindustry, British American Tobacco 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.


British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



British American Tobacco 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.

British American Tobacco Malaysia Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.29/0.48
=2.69

* 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.

British American Tobacco Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, British American Tobacco Malaysia 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)
=0.273/131.7762*131.7762
=0.273

Current CPI (Mar. 2024) = 131.7762.

British American Tobacco Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.593 100.560 0.777
201409 0.611 100.428 0.802
201412 0.528 99.070 0.702
201503 0.517 99.621 0.684
201506 0.506 100.684 0.662
201509 0.466 100.392 0.612
201512 0.447 99.792 0.590
201603 0.428 100.470 0.561
201606 0.333 101.688 0.432
201609 0.402 101.861 0.520
201612 0.482 101.863 0.624
201703 0.297 102.862 0.380
201706 0.333 103.349 0.425
201709 0.355 104.136 0.449
201712 0.328 104.011 0.416
201803 0.319 105.290 0.399
201806 0.328 106.317 0.407
201809 0.356 106.507 0.440
201812 0.354 105.998 0.440
201903 0.322 107.251 0.396
201906 0.309 108.070 0.377
201909 0.316 108.329 0.384
201912 0.328 108.420 0.399
202003 0.287 108.902 0.347
202006 0.291 108.767 0.353
202009 0.306 109.815 0.367
202012 0.322 109.897 0.386
202103 0.310 111.754 0.366
202106 0.318 114.631 0.366
202109 0.325 115.734 0.370
202112 0.318 117.630 0.356
202203 0.298 121.301 0.324
202206 0.308 125.017 0.325
202209 0.305 125.227 0.321
202212 0.300 125.222 0.316
202303 0.280 127.348 0.290
202306 0.283 128.729 0.290
202309 0.291 129.860 0.295
202312 0.284 129.419 0.289
202403 0.273 131.776 0.273

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.


British American Tobacco Malaysia Bhd  (OTCPK:BATMF) 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.


British American Tobacco Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms

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


British American Tobacco Malaysia Bhd (British American Tobacco Malaysia Bhd) Business Description

Traded in Other Exchanges
Address
No. 6 Jalan Damanlela, Level 19, Guoco Tower, Damansara, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
British American Tobacco Malaysia Bhd is principally engaged in the manufacturing, marketing, and importation of cigarettes, pipe tobaccos, cigars, devices, other tobacco products, and nicotine products. Geographically, the company operates in Malaysia. Its key brands are Dunhill, Peter Stuyvesant, Rothmans, KYO, Pall Mall, and Kent.

British American Tobacco Malaysia Bhd (British American Tobacco Malaysia Bhd) Headlines

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