GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Key Asic Bhd (XKLS:0143) » Definitions » Cyclically Adjusted PB Ratio

Key Asic Bhd (XKLS:0143) Cyclically Adjusted PB Ratio : 1.50 (As of Jun. 21, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Key Asic Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Key Asic Bhd's current share price is RM0.06. Key Asic Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was RM0.04. Key Asic Bhd's Cyclically Adjusted PB Ratio for today is 1.50.

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

XKLS:0143' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.25   Max: 2.25
Current: 1.55

During the past years, Key Asic Bhd's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.60. And the median was 1.25.

XKLS:0143's Cyclically Adjusted PB Ratio is ranked better than
68.17% of 688 companies
in the Semiconductors industry
Industry Median: 2.59 vs XKLS:0143: 1.55

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.

Key Asic Bhd's adjusted book value per share data for the three months ended in Feb. 2024 was RM0.019. 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 RM0.04 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Key Asic Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Key Asic 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.

Key Asic Bhd Cyclically Adjusted PB Ratio Chart

Key Asic Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.96 1.45

Key Asic Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.39 1.45 2.10 1.60 1.29

Competitive Comparison of Key Asic Bhd's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Key Asic 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.


Key Asic Bhd's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Key Asic 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.

Key Asic Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/0.04
=1.50

* 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.

Key Asic Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Key Asic Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.019/130.9299*130.9299
=0.019

Current CPI (Feb. 2024) = 130.9299.

Key Asic Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.084 98.326 0.112
201403 0.078 99.695 0.102
201406 0.073 100.560 0.095
201409 0.068 100.428 0.089
201412 0.041 99.070 0.054
201503 0.035 99.621 0.046
201506 0.031 100.684 0.040
201509 0.025 100.392 0.033
201512 0.028 99.792 0.037
201603 0.029 100.470 0.038
201606 0.027 101.688 0.035
201609 0.023 101.861 0.030
201703 0.021 102.862 0.027
201708 0.024 103.587 0.030
201711 0.025 104.072 0.031
201802 0.018 105.052 0.022
201805 0.028 106.148 0.035
201808 0.034 106.383 0.042
201811 0.036 106.338 0.044
201902 0.035 106.649 0.043
201905 0.034 108.048 0.041
201908 0.031 108.245 0.037
201911 0.029 108.519 0.035
202002 0.024 109.139 0.029
202005 0.019 108.175 0.023
202008 0.022 109.662 0.026
202011 0.023 109.793 0.027
202102 0.021 110.968 0.025
202105 0.029 113.576 0.033
202108 0.028 115.421 0.032
202111 0.030 117.269 0.033
202202 0.029 119.703 0.032
202205 0.026 123.323 0.028
202208 0.024 124.958 0.025
202211 0.023 125.607 0.024
202302 0.023 126.928 0.024
202305 0.024 128.314 0.024
202308 0.021 129.538 0.021
202311 0.021 129.548 0.021
202402 0.019 130.930 0.019

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.


Key Asic Bhd  (XKLS:0143) 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.


Key Asic Bhd Cyclically Adjusted PB Ratio Related Terms

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


Key Asic Bhd (XKLS:0143) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure, and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

Key Asic Bhd (XKLS:0143) Headlines

No Headlines