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Tanco Holdings Bhd (XKLS:2429) Cyclically Adjusted PB Ratio : 4.75 (As of Sep. 26, 2024)


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What is Tanco Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-09-26), Tanco Holdings Bhd's current share price is RM1.33. Tanco Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.28. Tanco Holdings Bhd's Cyclically Adjusted PB Ratio for today is 4.75.

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

XKLS:2429' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.43   Max: 4.57
Current: 4.55

During the past years, Tanco Holdings Bhd's highest Cyclically Adjusted PB Ratio was 4.57. The lowest was 0.45. And the median was 1.43.

XKLS:2429's Cyclically Adjusted PB Ratio is ranked worse than
95.32% of 1304 companies
in the Real Estate industry
Industry Median: 0.65 vs XKLS:2429: 4.55

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.

Tanco Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.138. 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 RM0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tanco Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tanco Holdings 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.

Tanco Holdings Bhd Cyclically Adjusted PB Ratio Chart

Tanco Holdings 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 - - - 0.78 1.86

Tanco Holdings 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 1.43 1.86 1.83 2.05 3.00

Competitive Comparison of Tanco Holdings Bhd's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Tanco Holdings 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.


Tanco Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tanco Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tanco Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.33/0.28
=4.75

* 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.

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

For example, Tanco Holdings 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)
=0.138/131.7762*131.7762
=0.138

Current CPI (Mar. 2024) = 131.7762.

Tanco Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.429 100.560 0.562
201409 0.417 100.428 0.547
201412 0.413 99.070 0.549
201503 0.407 99.621 0.538
201506 0.404 100.684 0.529
201509 0.385 100.392 0.505
201512 0.381 99.792 0.503
201603 0.376 100.470 0.493
201606 0.383 101.688 0.496
201609 0.366 101.861 0.473
201612 0.380 101.863 0.492
201703 0.250 102.862 0.320
201706 0.242 103.349 0.309
201709 0.245 104.136 0.310
201712 0.238 104.011 0.302
201803 0.237 105.290 0.297
201806 0.242 106.317 0.300
201809 0.233 106.507 0.288
201812 0.228 105.998 0.283
201903 0.208 107.251 0.256
201906 0.197 108.070 0.240
201909 0.190 108.329 0.231
201912 0.177 108.420 0.215
202003 0.173 108.902 0.209
202006 0.131 108.767 0.159
202009 0.124 109.815 0.149
202012 0.120 109.897 0.144
202103 0.111 111.754 0.131
202106 0.109 114.631 0.125
202109 0.097 115.734 0.110
202112 0.095 117.630 0.106
202203 0.095 121.301 0.103
202206 0.099 125.017 0.104
202209 0.099 125.227 0.104
202212 0.105 125.222 0.110
202303 0.116 127.348 0.120
202306 0.124 128.729 0.127
202309 0.130 129.860 0.132
202312 0.133 129.419 0.135
202403 0.138 131.776 0.138

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.


Tanco Holdings Bhd  (XKLS:2429) 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.


Tanco Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


Tanco Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Number 1, Jalan Bandar 1, Pusat Bandar Puchong, Puchong, SGR, MYS, 47160
Tanco Holdings Bhd is a Malaysia-based investment holding company. It is also engaged in the provision of management services. The company's segments include Property development/Management; Resorts & Club Operation/Management; Construction; and Investment holding and Business consulting services. The projects for Property development include Splash Park, Kuantan Hotel suites, Spa village, and International Hotel. The company generates maximum revenue from the Construction segment.

Tanco Holdings Bhd Headlines

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