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Silver Ridge Holdings Bhd (XKLS:0129) Cyclically Adjusted PB Ratio : 3.90 (As of Jun. 09, 2024)


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What is Silver Ridge Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Silver Ridge Holdings Bhd's current share price is RM0.39. Silver Ridge Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.10. Silver Ridge Holdings Bhd's Cyclically Adjusted PB Ratio for today is 3.90.

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

XKLS:0129' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.13   Max: 12
Current: 3.84

During the past years, Silver Ridge Holdings Bhd's highest Cyclically Adjusted PB Ratio was 12.00. The lowest was 0.63. And the median was 2.13.

XKLS:0129's Cyclically Adjusted PB Ratio is ranked worse than
80.31% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs XKLS:0129: 3.84

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.

Silver Ridge Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.093. 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 RM0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silver Ridge Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silver Ridge Holdings 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.

Silver Ridge Holdings Bhd Cyclically Adjusted PB Ratio Chart

Silver Ridge Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.45 1.19 5.86

Silver Ridge Holdings 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 2.00 5.86 6.56 11.24 3.49

Competitive Comparison of Silver Ridge Holdings Bhd's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Silver Ridge Holdings 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.


Silver Ridge Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silver Ridge Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Silver Ridge Holdings Bhd's Cyclically Adjusted PB Ratio falls into.



Silver Ridge Holdings 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.

Silver Ridge Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.39/0.1
=3.90

* 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.

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

For example, Silver Ridge Holdings 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)
=0.093/131.7762*131.7762
=0.093

Current CPI (Mar. 2024) = 131.7762.

Silver Ridge Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.151 98.326 0.202
201403 0.159 99.695 0.210
201406 0.159 100.560 0.208
201409 0.140 100.428 0.184
201412 0.148 99.070 0.197
201503 0.133 99.621 0.176
201506 0.136 100.684 0.178
201509 0.139 100.392 0.182
201512 0.107 99.792 0.141
201603 0.100 100.470 0.131
201606 0.090 101.688 0.117
201609 0.084 101.861 0.109
201612 0.078 101.863 0.101
201703 0.076 102.862 0.097
201706 0.071 103.349 0.091
201709 0.061 104.136 0.077
201803 0.046 105.290 0.058
201809 0.076 106.507 0.094
201812 0.083 105.998 0.103
201903 0.076 107.251 0.093
201906 0.067 108.070 0.082
201909 0.054 108.329 0.066
201912 0.051 108.420 0.062
202003 0.055 108.902 0.067
202006 0.058 108.767 0.070
202009 0.056 109.815 0.067
202012 0.055 109.897 0.066
202103 0.057 111.754 0.067
202106 0.053 114.631 0.061
202109 0.050 115.734 0.057
202112 0.068 117.630 0.076
202203 0.062 121.301 0.067
202206 0.061 125.017 0.064
202209 0.054 125.227 0.057
202212 0.046 125.222 0.048
202303 0.043 127.348 0.044
202306 0.042 128.729 0.043
202309 0.060 129.860 0.061
202312 0.093 129.419 0.095
202403 0.093 131.776 0.093

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.


Silver Ridge Holdings Bhd  (XKLS:0129) 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.


Silver Ridge Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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Silver Ridge Holdings Bhd (XKLS:0129) Business Description

Traded in Other Exchanges
N/A
Address
4 - 6, Jalan 28/70A, Desa Sri Hartamas, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480
Silver Ridge Holdings Bhd is involved in investment holding and provision of a management services business. The company provides telecommunication system architecture and design, next-generation network solution as well as telecommunication related software solutions. It derives a majority of revenue from telecommunication solutions. The telecommunication solutions provide includes 3G network architecture and engineering system design, customisation and optimisation solution; In-Building Radio Frequency Coverage and Quality (EIQ); Power Load Solutions (PLS); Base Station Subsystems Solutions (BSS); Multi-Service Access Node (MSAN) system architecture and design and others.

Silver Ridge Holdings Bhd (XKLS:0129) Headlines

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