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Riverview Rubber Estates Bhd (XKLS:2542) Cyclically Adjusted PB Ratio : 0.59 (As of May. 15, 2024)


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What is Riverview Rubber Estates Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Riverview Rubber Estates Bhd's current share price is RM3.26. Riverview Rubber Estates Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM5.52. Riverview Rubber Estates Bhd's Cyclically Adjusted PB Ratio for today is 0.59.

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

XKLS:2542' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.63   Max: 0.75
Current: 0.58

During the past years, Riverview Rubber Estates Bhd's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.56. And the median was 0.63.

XKLS:2542's Cyclically Adjusted PB Ratio is ranked better than
78.9% of 1251 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XKLS:2542: 0.58

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.

Riverview Rubber Estates Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM5.503. 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 RM5.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riverview Rubber Estates Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Riverview Rubber Estates 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.

Riverview Rubber Estates Bhd Cyclically Adjusted PB Ratio Chart

Riverview Rubber Estates 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 - - 0.68 0.70 0.59

Riverview Rubber Estates 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 0.70 0.62 0.61 0.58 0.59

Competitive Comparison of Riverview Rubber Estates Bhd's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Riverview Rubber Estates 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.


Riverview Rubber Estates Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Riverview Rubber Estates 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.

Riverview Rubber Estates Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.26/5.52
=0.59

* 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.

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

For example, Riverview Rubber Estates 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)
=5.503/129.4194*129.4194
=5.503

Current CPI (Dec. 2023) = 129.4194.

Riverview Rubber Estates Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.580 99.695 5.946
201406 4.523 100.560 5.821
201409 4.536 100.428 5.845
201412 4.565 99.070 5.963
201503 4.631 99.621 6.016
201506 4.702 100.684 6.044
201509 4.773 100.392 6.153
201512 3.866 99.792 5.014
201603 4.685 100.470 6.035
201606 4.723 101.688 6.011
201609 4.777 101.861 6.069
201612 3.993 101.863 5.073
201703 4.851 102.862 6.103
201706 4.913 103.349 6.152
201709 4.985 104.136 6.195
201712 4.112 104.011 5.116
201803 4.131 105.290 5.078
201806 4.111 106.317 5.004
201809 4.151 106.507 5.044
201812 4.101 105.998 5.007
201903 4.104 107.251 4.952
201906 4.075 108.070 4.880
201909 4.094 108.329 4.891
201912 4.099 108.420 4.893
202003 4.098 108.902 4.870
202006 4.145 108.767 4.932
202009 4.211 109.815 4.963
202012 4.183 109.897 4.926
202103 4.246 111.754 4.917
202106 4.355 114.631 4.917
202109 4.368 115.734 4.884
202112 5.842 117.630 6.428
202203 5.920 121.301 6.316
202206 5.818 125.017 6.023
202209 5.871 125.227 6.068
202212 5.656 125.222 5.846
202303 5.689 127.348 5.782
202306 5.717 128.729 5.748
202309 5.546 129.860 5.527
202312 5.503 129.419 5.503

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.


Riverview Rubber Estates Bhd  (XKLS:2542) 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.


Riverview Rubber Estates Bhd Cyclically Adjusted PB Ratio Related Terms

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Riverview Rubber Estates Bhd (XKLS:2542) Business Description

Traded in Other Exchanges
N/A
Address
Riverview Estate, Tanjung Tualang, MYS, 31800
Riverview Rubber Estates Bhd operates in the agricultural sector in Malaysia. It is engaged in the cultivation of oil palm, and sale of fresh fruit bunches of oil palm and other oil palm produce. The company operates through two segments, Plantations segment, which carries on the business of oil palm cultivation on its plantations in Peninsular Malaysia; and Other , which consist of an investment holding real estate company that develops and rents out its properties. The company majorly derives revenue from the Plantations segment. Geographically, the group operates in Malaysia and Australia.

Riverview Rubber Estates Bhd (XKLS:2542) Headlines

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