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Innity Bhd (XKLS:0147) Cyclically Adjusted PB Ratio : 1.66 (As of Apr. 30, 2024)


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What is Innity Bhd Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Innity Bhd's current share price is RM0.465. Innity Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was RM0.28. Innity Bhd's Cyclically Adjusted PB Ratio for today is 1.66.

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

XKLS:0147' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.66   Max: 3.13
Current: 1.6

During the past years, Innity Bhd's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 1.25. And the median was 1.66.

XKLS:0147's Cyclically Adjusted PB Ratio is ranked worse than
65.72% of 636 companies
in the Media - Diversified industry
Industry Median: 1.11 vs XKLS:0147: 1.60

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.

Innity Bhd's adjusted book value per share data for the three months ended in Sep. 2023 was RM0.257. 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 RM0.28 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innity Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Innity 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.

Innity Bhd Cyclically Adjusted PB Ratio Chart

Innity Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.88 1.54

Innity Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.64 1.54 1.44 1.36 2.14

Competitive Comparison of Innity Bhd's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Innity 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.


Innity Bhd's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innity Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Innity 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.465/0.28
=1.66

* 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.

Innity Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Innity Bhd's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.257/129.8595*129.8595
=0.257

Current CPI (Sep. 2023) = 129.8595.

Innity Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.189 98.326 0.250
201403 0.184 99.695 0.240
201406 0.189 100.560 0.244
201409 0.192 100.428 0.248
201412 0.196 99.070 0.257
201503 0.191 99.621 0.249
201506 0.197 100.684 0.254
201509 0.211 100.392 0.273
201512 0.221 99.792 0.288
201603 0.212 100.470 0.274
201606 0.224 101.688 0.286
201609 0.245 101.861 0.312
201612 0.256 101.863 0.326
201703 0.229 102.862 0.289
201706 0.236 103.349 0.297
201709 0.217 104.136 0.271
201712 0.248 104.011 0.310
201803 0.231 105.290 0.285
201806 0.233 106.317 0.285
201809 0.224 106.507 0.273
201812 0.247 105.998 0.303
201903 0.239 107.251 0.289
201906 0.248 108.070 0.298
201909 0.251 108.329 0.301
201912 0.256 108.420 0.307
202003 0.234 108.902 0.279
202006 0.223 108.767 0.266
202009 0.227 109.815 0.268
202012 0.253 109.897 0.299
202103 0.255 111.754 0.296
202106 0.254 114.631 0.288
202109 0.263 115.734 0.295
202112 0.276 117.630 0.305
202203 0.279 121.301 0.299
202206 0.283 125.017 0.294
202209 0.282 125.227 0.292
202212 0.284 125.222 0.295
202303 0.270 127.348 0.275
202306 0.265 128.729 0.267
202309 0.257 129.860 0.257

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.


Innity Bhd  (XKLS:0147) 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.


Innity Bhd Cyclically Adjusted PB Ratio Related Terms

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


Innity Bhd (XKLS:0147) Business Description

Traded in Other Exchanges
N/A
Address
17, Jalan SS 7/26, Kelana Jaya, C501 & C502, Block C, Kelana Square, Petaling Jaya, SGR, MYS, 47301
Innity Corp Bhd operates as an investment holding company, which engages in the provision of online advertising platforms and technologies for advertisers and publishers. The Group's subsidiaries and associate are involved in the business of online advertising solutions, computer and mobile software applications development, provision of Wi-Fi services, operation of promotional and sales event information website, software production and development of content and influencer marketing. The entity has an operational presence in regions of Malaysia, Singapore, Indonesia, Vietnam, Philippines, Hong Kong/China, Taiwan, South Korea, Cambodia, and Myanmar.

Innity Bhd (XKLS:0147) Headlines

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