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Malayan Banking Bhd (Malayan Banking Bhd) Cyclically Adjusted PB Ratio : 1.23 (As of May. 26, 2024)


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What is Malayan Banking Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Malayan Banking Bhd's current share price is $1.988. Malayan Banking Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.61. Malayan Banking Bhd's Cyclically Adjusted PB Ratio for today is 1.23.

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

MLYNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.18   Max: 1.47
Current: 1.22

During the past years, Malayan Banking Bhd's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 1.09. And the median was 1.18.

MLYNF's Cyclically Adjusted PB Ratio is ranked worse than
70.91% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs MLYNF: 1.22

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.

Malayan Banking Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was $1.648. 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 $1.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malayan Banking Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Malayan Banking 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.

Malayan Banking Bhd Cyclically Adjusted PB Ratio Chart

Malayan Banking 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 1.42 1.30 1.17 1.13 1.11

Malayan Banking 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 1.10 1.09 1.10 1.11 1.18

Competitive Comparison of Malayan Banking Bhd's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Malayan Banking 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.


Malayan Banking Bhd's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Malayan Banking Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malayan Banking 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.

Malayan Banking Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.988/1.61
=1.23

* 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.

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

For example, Malayan Banking 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)
=1.648/131.7762*131.7762
=1.648

Current CPI (Mar. 2024) = 131.7762.

Malayan Banking Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.716 100.560 2.249
201409 1.668 100.428 2.189
201412 1.635 99.070 2.175
201503 1.623 99.621 2.147
201506 1.623 100.684 2.124
201509 1.419 100.392 1.863
201512 1.477 99.792 1.950
201603 1.565 100.470 2.053
201606 1.593 101.688 2.064
201609 1.570 101.861 2.031
201612 1.508 101.863 1.951
201703 1.561 102.862 2.000
201706 1.580 103.349 2.015
201709 1.617 104.136 2.046
201712 1.660 104.011 2.103
201803 1.721 105.290 2.154
201806 1.646 106.317 2.040
201809 1.609 106.507 1.991
201812 1.635 105.998 2.033
201903 1.706 107.251 2.096
201906 1.699 108.070 2.072
201909 1.687 108.329 2.052
201912 1.750 108.420 2.127
202003 1.615 108.902 1.954
202006 1.709 108.767 2.071
202009 1.786 109.815 2.143
202012 1.853 109.897 2.222
202103 1.787 111.754 2.107
202106 1.742 114.631 2.003
202109 1.722 115.734 1.961
202112 1.715 117.630 1.921
202203 1.668 121.301 1.812
202206 1.608 125.017 1.695
202209 1.548 125.227 1.629
202212 1.613 125.222 1.697
202303 1.596 127.348 1.651
202306 1.617 128.729 1.655
202309 1.613 129.860 1.637
202312 1.685 129.419 1.716
202403 1.648 131.776 1.648

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.


Malayan Banking Bhd  (OTCPK:MLYNF) 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.


Malayan Banking Bhd Cyclically Adjusted PB Ratio Related Terms

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


Malayan Banking Bhd (Malayan Banking Bhd) Business Description

Traded in Other Exchanges
Address
100, Jalan Tun Perak, 14th Floor, Menara Maybank, Kuala Lumpur, SGR, MYS, 50050
Malayan Banking Bhd is a financial services group with a mostly regional presence in the Association of Southeast Asian Nations. The company's segment includes Group Community Financial Services; Group Corporate Banking and Global Markets; Group Investment Banking; Group Asset Management; Group Insurance and Takaful and Head Office and Others. It generates maximum revenue from the Group Community Financial Services segment.

Malayan Banking Bhd (Malayan Banking Bhd) Headlines