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MBSB Bhd (XKLS:1171) Cyclically Adjusted PB Ratio : 0.55 (As of Jun. 23, 2024)


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What is MBSB Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-23), MBSB Bhd's current share price is RM0.87. MBSB Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.59. MBSB Bhd's Cyclically Adjusted PB Ratio for today is 0.55.

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

XKLS:1171' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.58
Current: 0.55

During the past years, MBSB Bhd's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.35. And the median was 0.42.

XKLS:1171's Cyclically Adjusted PB Ratio is ranked better than
76.97% of 1207 companies
in the Banks industry
Industry Median: 0.9 vs XKLS:1171: 0.55

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.

MBSB Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.209. 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 RM1.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MBSB Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MBSB 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.

MBSB Bhd Cyclically Adjusted PB Ratio Chart

MBSB Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.37 0.40 0.45

MBSB 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 0.37 0.41 0.46 0.45 0.50

Competitive Comparison of MBSB Bhd's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, MBSB 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.


MBSB Bhd's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MBSB Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MBSB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.87/1.59
=0.55

* 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.

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

For example, MBSB 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)
=1.209/131.7762*131.7762
=1.209

Current CPI (Mar. 2024) = 131.7762.

MBSB Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.457 100.560 1.909
201409 1.528 100.428 2.005
201412 1.672 99.070 2.224
201503 1.717 99.621 2.271
201506 1.640 100.684 2.146
201509 1.661 100.392 2.180
201512 1.657 99.792 2.188
201603 1.673 100.470 2.194
201606 1.710 101.688 2.216
201609 1.160 101.861 1.501
201612 1.160 101.863 1.501
201703 1.179 102.862 1.510
201706 1.165 103.349 1.485
201709 1.183 104.136 1.497
201712 1.203 104.011 1.524
201803 1.271 105.290 1.591
201806 1.245 106.317 1.543
201809 1.187 106.507 1.469
201812 1.219 105.998 1.515
201903 1.236 107.251 1.519
201906 1.262 108.070 1.539
201909 1.228 108.329 1.494
201912 1.279 108.420 1.555
202003 1.294 108.902 1.566
202006 1.281 108.767 1.552
202009 1.269 109.815 1.523
202012 1.273 109.897 1.526
202103 1.229 111.754 1.449
202106 1.298 114.631 1.492
202109 1.235 115.734 1.406
202112 1.210 117.630 1.356
202203 1.198 121.301 1.301
202206 1.193 125.017 1.258
202209 1.197 125.227 1.260
202212 1.249 125.222 1.314
202303 1.192 127.348 1.233
202306 1.208 128.729 1.237
202309 1.208 129.860 1.226
202312 1.197 129.419 1.219
202403 1.209 131.776 1.209

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.


MBSB Bhd  (XKLS:1171) 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.


MBSB Bhd Cyclically Adjusted PB Ratio Related Terms

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


MBSB Bhd (XKLS:1171) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Level 25, Menara MBSB Bank, Lot 12, Persiaran Barat, Seksyen 52, PJ Sentral, Petaling Jaya, SGR, MYS, 46200
Malaysia Building Society Bhd is a Malaysia-based banking company. The company operates through four major segments: Consumer Banking, which includes consumer financing such as property financing, personal financing and wealth management services with individual customers in Malaysia; Corporate Banking segment includes corporate financing, wholesale financing, contract financing and commercial property financing with business customers; Global Market segment incldues saving accounts, current accounts, term deposits, investment accounts, treasury activities including money market, sukuk, derivatives and trading of capital market securities; and Others.

MBSB Bhd (XKLS:1171) Headlines

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