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SMTrack Bhd (XKLS:0169) Cyclically Adjusted PB Ratio : 0.19 (As of Jun. 05, 2024)


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What is SMTrack Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-05), SMTrack Bhd's current share price is RM0.045. SMTrack Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.24. SMTrack Bhd's Cyclically Adjusted PB Ratio for today is 0.19.

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

XKLS:0169' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.15   Max: 0.23
Current: 0.19

During the past years, SMTrack Bhd's highest Cyclically Adjusted PB Ratio was 0.23. The lowest was 0.09. And the median was 0.15.

XKLS:0169's Cyclically Adjusted PB Ratio is ranked better than
94.98% of 1395 companies
in the Software industry
Industry Median: 2.58 vs XKLS:0169: 0.19

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.

SMTrack Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.058. 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 RM0.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMTrack Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SMTrack 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.

SMTrack Bhd Cyclically Adjusted PB Ratio Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul16 Jul17 Jul18 Jul19
Cyclically Adjusted PB Ratio
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SMTrack Bhd Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.15 - 0.12 0.11 0.21

Competitive Comparison of SMTrack Bhd's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, SMTrack 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.


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

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

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



SMTrack 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.045/0.24
=0.19

* 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.

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

For example, SMTrack 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)
=0.058/129.4194*129.4194
=0.058

Current CPI (Dec. 2023) = 129.4194.

SMTrack Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.697 96.871 0.931
201303 0.667 98.209 0.879
201306 0.633 98.518 0.832
201309 0.425 98.790 0.557
201312 0.396 98.326 0.521
201403 0.368 99.695 0.478
201406 0.339 100.560 0.436
201412 0.219 99.070 0.286
201503 0.222 99.621 0.288
201506 0.220 100.684 0.283
201509 0.220 100.392 0.284
201512 0.233 99.792 0.302
201606 0.188 101.688 0.239
201610 0.201 101.988 0.255
201701 0.194 102.456 0.245
201704 0.194 103.167 0.243
201707 0.098 103.278 0.123
201710 0.113 104.070 0.141
201801 0.090 104.578 0.111
201804 0.119 105.708 0.146
201807 0.088 106.324 0.107
201810 0.089 106.695 0.108
201901 0.088 106.200 0.107
201904 0.091 107.818 0.109
201907 0.077 108.250 0.092
201910 0.102 108.577 0.122
202001 0.102 108.841 0.121
202004 0.101 108.173 0.121
202007 0.044 109.318 0.052
202010 0.103 109.861 0.121
202101 0.053 110.364 0.062
202104 0.102 112.673 0.117
202110 0.099 116.696 0.110
202203 0.080 121.301 0.085
202206 0.079 125.017 0.082
202209 0.075 125.227 0.078
202212 0.000 125.222 0.000
202303 0.065 127.348 0.066
202309 0.061 129.860 0.061
202312 0.058 129.419 0.058

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.


SMTrack Bhd  (XKLS:0169) 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.


SMTrack Bhd Cyclically Adjusted PB Ratio Related Terms

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


SMTrack Bhd (XKLS:0169) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

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