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Inari Amertron Bhd (XKLS:0166) Cyclically Adjusted PB Ratio : 7.23 (As of May. 07, 2024)


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What is Inari Amertron Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-07), Inari Amertron Bhd's current share price is RM3.18. Inari Amertron Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.44. Inari Amertron Bhd's Cyclically Adjusted PB Ratio for today is 7.23.

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

XKLS:0166' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.67   Med: 7.85   Max: 15.18
Current: 7.03

During the past years, Inari Amertron Bhd's highest Cyclically Adjusted PB Ratio was 15.18. The lowest was 5.67. And the median was 7.85.

XKLS:0166's Cyclically Adjusted PB Ratio is ranked worse than
84.81% of 678 companies
in the Semiconductors industry
Industry Median: 2.515 vs XKLS:0166: 7.03

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.

Inari Amertron Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.706. 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 RM0.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inari Amertron Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inari Amertron 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.

Inari Amertron Bhd Cyclically Adjusted PB Ratio Chart

Inari Amertron Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 12.07 7.70 6.63

Inari Amertron Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.98 6.23 6.63 6.72 6.78

Competitive Comparison of Inari Amertron Bhd's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Inari Amertron 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.


Inari Amertron Bhd's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Inari Amertron 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.18/0.44
=7.23

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.706/129.4194*129.4194
=0.706

Current CPI (Dec. 2023) = 129.4194.

Inari Amertron Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.118 99.695 0.153
201406 0.126 100.560 0.162
201409 0.133 100.428 0.171
201412 0.144 99.070 0.188
201503 0.189 99.621 0.246
201506 0.197 100.684 0.253
201509 0.222 100.392 0.286
201512 0.232 99.792 0.301
201603 0.227 100.470 0.292
201606 0.238 101.688 0.303
201609 0.251 101.861 0.319
201612 0.275 101.863 0.349
201703 0.283 102.862 0.356
201706 0.293 103.349 0.367
201709 0.302 104.136 0.375
201712 0.321 104.011 0.399
201803 0.327 105.290 0.402
201806 0.338 106.317 0.411
201809 0.347 106.507 0.422
201812 0.350 105.998 0.427
201903 0.347 107.251 0.419
201906 0.352 108.070 0.422
201909 0.359 108.329 0.429
201912 0.362 108.420 0.432
202003 0.368 108.902 0.437
202006 0.371 108.767 0.441
202009 0.384 109.815 0.453
202012 0.399 109.897 0.470
202103 0.418 111.754 0.484
202106 0.410 114.631 0.463
202109 0.659 115.734 0.737
202112 0.669 117.630 0.736
202203 0.668 121.301 0.713
202206 0.676 125.017 0.700
202209 0.696 125.227 0.719
202212 0.695 125.222 0.718
202303 0.684 127.348 0.695
202306 0.697 128.729 0.701
202309 0.705 129.860 0.703
202312 0.706 129.419 0.706

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.


Inari Amertron Bhd  (XKLS:0166) 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.


Inari Amertron Bhd Cyclically Adjusted PB Ratio Related Terms

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


Inari Amertron Bhd (XKLS:0166) Business Description

Traded in Other Exchanges
N/A
Address
D-07-03, Plaza Kelana Jaya Jalan SS 7/13A, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Inari Amertron Bhd is a Malaysia-based investment holding company that is principally engaged in the outsourced semiconductor assembly and test services and electronics manufacturing services industries through a number of subsidiaries. The company's business segments include an electronic manufacturing services segment, an original design manufacturer of electronic test and measurement equipment segment, and an investment holding segment. The electronic manufacturing services segment contributes the majority of total revenue. The company has a business presence in Malaysia, Singapore, China, Philippines, Taiwan, and elsewhere, with Singapore accounting for substantial part of its total revenue.

Inari Amertron Bhd (XKLS:0166) Headlines

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