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ECM Libra Group Bhd (XKLS:2143) Cyclically Adjusted PB Ratio : 0.30 (As of Jun. 12, 2024)


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What is ECM Libra Group Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-12), ECM Libra Group Bhd's current share price is RM0.23. ECM Libra Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.77. ECM Libra Group Bhd's Cyclically Adjusted PB Ratio for today is 0.30.

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

XKLS:2143' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.22   Max: 0.29
Current: 0.27

During the past years, ECM Libra Group Bhd's highest Cyclically Adjusted PB Ratio was 0.29. The lowest was 0.15. And the median was 0.22.

XKLS:2143's Cyclically Adjusted PB Ratio is ranked better than
85.88% of 616 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs XKLS:2143: 0.27

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.

ECM Libra Group Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.388. 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 RM0.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ECM Libra Group Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ECM Libra Group 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.

ECM Libra Group Bhd Cyclically Adjusted PB Ratio Chart

ECM Libra Group Bhd Annual Data
Trend Jan14 Jan15 Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.19 0.21 0.24

ECM Libra Group 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 0.20 0.22 0.25 0.24 0.27

Competitive Comparison of ECM Libra Group Bhd's Cyclically Adjusted PB Ratio

For the Lodging subindustry, ECM Libra Group 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.


ECM Libra Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ECM Libra Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ECM Libra Group 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.

ECM Libra Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.23/0.77
=0.30

* 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.

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

For example, ECM Libra Group 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)
=0.388/131.7762*131.7762
=0.388

Current CPI (Mar. 2024) = 131.7762.

ECM Libra Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.546 100.023 2.037
201407 1.722 100.520 2.257
201410 1.710 100.176 2.249
201501 1.681 98.604 2.247
201504 1.607 99.824 2.121
201507 1.557 100.691 2.038
201510 1.479 100.346 1.942
201601 0.479 99.957 0.631
201604 0.480 100.947 0.627
201607 0.501 101.524 0.650
201610 0.503 101.988 0.650
201703 0.510 102.862 0.653
201706 0.508 103.349 0.648
201709 0.510 104.136 0.645
201712 0.508 104.011 0.644
201803 0.328 105.290 0.411
201806 0.366 106.317 0.454
201809 0.342 106.507 0.423
201812 0.363 105.998 0.451
201903 0.363 107.251 0.446
201906 0.360 108.070 0.439
201909 0.429 108.329 0.522
201912 0.422 108.420 0.513
202003 0.412 108.902 0.499
202006 0.410 108.767 0.497
202009 0.395 109.815 0.474
202012 0.370 109.897 0.444
202103 0.367 111.754 0.433
202106 0.355 114.631 0.408
202109 0.345 115.734 0.393
202112 0.344 117.630 0.385
202203 0.341 121.301 0.370
202206 0.333 125.017 0.351
202209 0.334 125.227 0.351
202212 0.340 125.222 0.358
202303 0.338 127.348 0.350
202306 0.398 128.729 0.407
202309 0.400 129.860 0.406
202312 0.396 129.419 0.403
202403 0.388 131.776 0.388

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.


ECM Libra Group Bhd  (XKLS:2143) 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.


ECM Libra Group Bhd Cyclically Adjusted PB Ratio Related Terms

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ECM Libra Group Bhd (XKLS:2143) Business Description

Traded in Other Exchanges
N/A
Address
8 Jalan Damansara Endah, Ground Floor, East Wing, Bangunan ECM Libra, Damansara Heights, Kuala Lumpur, MYS, 50490
ECM Libra Group Bhd is a Malaysia-based company, which is engaged in investment holding and provision of management services. The business of the company is classified into various segments which include Investment holding, Structured financing, and Hospitality. The investment holding segment includes general investments and corporate-related activities. The fund management segment includes unit trust funds and asset management. The structured financing segment includes structured lending and financial services-related activities. The Hospitality segment includes management and operations of hotels and restaurants and investment in the hospitality-related business through joint ventures.

ECM Libra Group Bhd (XKLS:2143) Headlines

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