GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcom Group Bhd (XKLS:2674) » Definitions » Cyclically Adjusted PB Ratio

Alcom Group Bhd (XKLS:2674) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 25, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Alcom Group Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Alcom Group Bhd's current share price is RM0.86. Alcom Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.45. Alcom Group Bhd's Cyclically Adjusted PB Ratio for today is 0.59.

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

XKLS:2674' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.62   Max: 0.97
Current: 0.6

During the past years, Alcom Group Bhd's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.55. And the median was 0.62.

XKLS:2674's Cyclically Adjusted PB Ratio is ranked better than
57.44% of 1633 companies
in the Metals & Mining industry
Industry Median: 0.82 vs XKLS:2674: 0.60

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.

Alcom Group Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.827. 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 RM1.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcom Group Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alcom 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.

Alcom Group Bhd Cyclically Adjusted PB Ratio Chart

Alcom Group Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.63 0.67 0.55

Alcom 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 0.66 0.59 0.56 0.55 0.57

Competitive Comparison of Alcom Group Bhd's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Alcom 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.


Alcom Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcom Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alcom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.86/1.45
=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.

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

For example, Alcom 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)
=1.827/131.7762*131.7762
=1.827

Current CPI (Mar. 2024) = 131.7762.

Alcom Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.328 100.560 1.740
201409 1.270 100.428 1.666
201412 1.258 99.070 1.673
201503 1.275 99.621 1.687
201506 1.275 100.684 1.669
201509 1.218 100.392 1.599
201512 1.241 99.792 1.639
201603 1.244 100.470 1.632
201606 1.253 101.688 1.624
201609 1.247 101.861 1.613
201612 1.275 101.863 1.649
201703 1.312 102.862 1.681
201706 1.363 103.349 1.738
201709 0.851 104.136 1.077
201712 0.000 104.011 0.000
201803 0.888 105.290 1.111
201806 0.891 106.317 1.104
201809 0.892 106.507 1.104
201812 0.918 105.998 1.141
201903 0.909 107.251 1.117
201906 0.917 108.070 1.118
201909 0.920 108.329 1.119
201912 0.916 108.420 1.113
202003 0.899 108.902 1.088
202006 0.866 108.767 1.049
202009 0.850 109.815 1.020
202012 0.926 109.897 1.110
202103 0.981 111.754 1.157
202106 1.040 114.631 1.196
202109 1.092 115.734 1.243
202112 1.169 117.630 1.310
202203 1.330 121.301 1.445
202206 1.479 125.017 1.559
202209 1.591 125.227 1.674
202212 1.726 125.222 1.816
202303 1.777 127.348 1.839
202306 1.803 128.729 1.846
202309 1.824 129.860 1.851
202312 1.825 129.419 1.858
202403 1.827 131.776 1.827

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.


Alcom Group Bhd  (XKLS:2674) 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.


Alcom Group Bhd Cyclically Adjusted PB Ratio Related Terms

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


Alcom Group Bhd (XKLS:2674) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Persiaran Waja, Bukit Raja Industrial Estate, Klang, MYS, 41050
Alcom Group Bhd along with its subsidiaries, the company has four operating segments: Manufacturing; Property development; Construction; and Investment holding. It derives a majority of revenue from the Manufacturing segment which involves the manufacturing and trading of aluminum products such as Specialty products, Roofing products, and Foil products. Geographically, the group has a business presence in Malaysia, Thailand, India, the Middle East and other countries, of which key revenue is generated from Malaysia.

Alcom Group Bhd (XKLS:2674) Headlines

No Headlines