GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Genting Plantations Bhd (XKLS:2291) » Definitions » Cyclically Adjusted PB Ratio

Genting Plantations Bhd (XKLS:2291) Cyclically Adjusted PB Ratio : 0.94 (As of May. 29, 2024)


View and export this data going back to 1982. Start your Free Trial

What is Genting Plantations Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Genting Plantations Bhd's current share price is RM6.00. Genting Plantations Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM6.41. Genting Plantations Bhd's Cyclically Adjusted PB Ratio for today is 0.94.

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

XKLS:2291' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.17   Max: 1.99
Current: 0.95

During the past years, Genting Plantations Bhd's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.81. And the median was 1.17.

XKLS:2291's Cyclically Adjusted PB Ratio is ranked better than
65.05% of 1296 companies
in the Consumer Packaged Goods industry
Industry Median: 1.345 vs XKLS:2291: 0.95

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.

Genting Plantations Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM5.946. 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 RM6.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genting Plantations Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Genting Plantations 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.

Genting Plantations Bhd Cyclically Adjusted PB Ratio Chart

Genting Plantations 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 - 1.85 1.15 1.03 0.89

Genting Plantations 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 1.03 0.94 0.93 0.84 0.89

Competitive Comparison of Genting Plantations Bhd's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Genting Plantations 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.


Genting Plantations Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Genting Plantations Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Genting Plantations 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.00/6.41
=0.94

* 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.

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

For example, Genting Plantations 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)
=5.946/129.4194*129.4194
=5.946

Current CPI (Dec. 2023) = 129.4194.

Genting Plantations Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.722 99.695 6.130
201406 4.808 100.560 6.188
201409 4.868 100.428 6.273
201412 5.060 99.070 6.610
201503 5.119 99.621 6.650
201506 5.166 100.684 6.640
201509 5.155 100.392 6.646
201512 4.934 99.792 6.399
201603 5.367 100.470 6.913
201606 5.487 101.688 6.983
201609 5.554 101.861 7.057
201612 5.405 101.863 6.867
201703 5.909 102.862 7.435
201706 5.370 103.349 6.725
201709 5.327 104.136 6.620
201712 5.405 104.011 6.725
201803 5.297 105.290 6.511
201806 5.189 106.317 6.317
201809 5.128 106.507 6.231
201812 5.115 105.998 6.245
201903 5.182 107.251 6.253
201906 5.403 108.070 6.470
201909 5.395 108.329 6.445
201912 5.431 108.420 6.483
202003 5.262 108.902 6.253
202006 5.473 108.767 6.512
202009 5.314 109.815 6.263
202012 5.478 109.897 6.451
202103 5.440 111.754 6.300
202106 5.521 114.631 6.233
202109 5.530 115.734 6.184
202112 5.739 117.630 6.314
202203 5.693 121.301 6.074
202206 5.915 125.017 6.123
202209 5.934 125.227 6.133
202212 5.806 125.222 6.001
202303 5.744 127.348 5.837
202306 5.975 128.729 6.007
202309 5.934 129.860 5.914
202312 5.946 129.419 5.946

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.


Genting Plantations Bhd  (XKLS:2291) 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.


Genting Plantations Bhd Cyclically Adjusted PB Ratio Related Terms

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


Genting Plantations Bhd (XKLS:2291) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Ismail, 10th Floor, Wisma Genting, Kuala Lumpur, SGR, MYS, 50250
Genting Plantations Bhd is engaged in the oil palm plantation business. It operates in five segments: Plantation, which includes upstream activities relating to oil palm plantations in Malaysia and Indonesia; Property segment includes activities relating to property development and property investment; AgTech segment is into genomics research and development; Downstream Manufacturing segment related to manufacturing and sale of palm oil derivative products; and Others. Geographically, it operates in two segments, namely Malaysia and Indonesia, of which the vast majority of its revenue comes from Malaysia.

Genting Plantations Bhd (XKLS:2291) Headlines

No Headlines