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N2N Connect Bhd (XKLS:0108) Cyclically Adjusted PB Ratio : 1.08 (As of Jun. 19, 2024)


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What is N2N Connect Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-19), N2N Connect Bhd's current share price is RM0.56. N2N Connect Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.52. N2N Connect Bhd's Cyclically Adjusted PB Ratio for today is 1.08.

The historical rank and industry rank for N2N Connect Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:0108' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.1   Max: 2.31
Current: 1.1

During the past years, N2N Connect Bhd's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.88. And the median was 1.10.

XKLS:0108's Cyclically Adjusted PB Ratio is ranked better than
76.35% of 1425 companies
in the Software industry
Industry Median: 2.5 vs XKLS:0108: 1.10

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.

N2N Connect Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.529. 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 RM0.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


N2N Connect Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for N2N Connect 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.

N2N Connect Bhd Cyclically Adjusted PB Ratio Chart

N2N Connect 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 - 2.02 1.50 1.01 1.00

N2N Connect 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 0.96 1.00 0.92 1.00 0.94

Competitive Comparison of N2N Connect Bhd's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, N2N Connect 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.


N2N Connect Bhd's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, N2N Connect Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where N2N Connect Bhd's Cyclically Adjusted PB Ratio falls into.



N2N Connect 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.

N2N Connect Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.56/0.52
=1.08

* 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.

N2N Connect Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, N2N Connect 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)
=0.529/131.7762*131.7762
=0.529

Current CPI (Mar. 2024) = 131.7762.

N2N Connect Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.165 100.560 0.216
201409 0.367 100.428 0.482
201412 0.366 99.070 0.487
201503 0.370 99.621 0.489
201506 0.376 100.684 0.492
201509 0.346 100.392 0.454
201512 0.381 99.792 0.503
201603 0.383 100.470 0.502
201606 0.391 101.688 0.507
201609 0.373 101.861 0.483
201612 0.379 101.863 0.490
201703 0.387 102.862 0.496
201706 0.400 103.349 0.510
201709 0.398 104.136 0.504
201712 0.403 104.011 0.511
201803 0.384 105.290 0.481
201806 0.455 106.317 0.564
201809 0.459 106.507 0.568
201812 0.443 105.998 0.551
201903 0.451 107.251 0.554
201906 0.448 108.070 0.546
201909 0.459 108.329 0.558
201912 0.459 108.420 0.558
202003 0.474 108.902 0.574
202006 0.465 108.767 0.563
202009 0.477 109.815 0.572
202012 0.472 109.897 0.566
202103 0.490 111.754 0.578
202106 0.471 114.631 0.541
202109 0.476 115.734 0.542
202112 0.479 117.630 0.537
202203 0.486 121.301 0.528
202206 0.490 125.017 0.516
202209 0.504 125.227 0.530
202212 0.510 125.222 0.537
202303 0.506 127.348 0.524
202306 0.522 128.729 0.534
202309 0.524 129.860 0.532
202312 0.526 129.419 0.536
202403 0.529 131.776 0.529

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.


N2N Connect Bhd  (XKLS:0108) 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.


N2N Connect Bhd Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of N2N Connect Bhd's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


N2N Connect Bhd (XKLS:0108) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenue 3 Bangsar South No.8, Jalan Kerinchi, Wisma N2N, Level 9, Tower 2, Kuala Lumpur, MYS, 59200
N2N Connect Bhd is an investment holding company. It is engaged in the research and development of software packages, provider of design, programming, consultancy services and related activities. Its products include TCProGlobal, TCPlus, TCMobile, and TCBOS and services range from online trading portals within the stockbroking industry, hosting and managing network services, to wealth and risk management solutions. It operates in Malaysia, Hong Kong, and other countries and generates the majority of the revenue from Hong Kong.

N2N Connect Bhd (XKLS:0108) Headlines

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