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Boustead Holdings Bhd (XKLS:2771) Cyclically Adjusted PB Ratio : 0.25 (As of Jun. 19, 2024)


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What is Boustead Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Boustead Holdings Bhd's current share price is RM0.855. Boustead Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was RM3.48. Boustead Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.25.

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

XKLS:2771's Cyclically Adjusted PB Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 0.98
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Boustead Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2023 was RM1.912. 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 RM3.48 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boustead Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Boustead 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.

Boustead Holdings Bhd Cyclically Adjusted PB Ratio Chart

Boustead Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.28 0.19 0.15 0.18

Boustead Holdings Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.19 0.21 0.16 0.18 0.25

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

For the Conglomerates subindustry, Boustead 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.


Boustead Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Boustead Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Boustead 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.855/3.48
=0.25

* 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.

Boustead Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Boustead Holdings Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.912/127.3478*127.3478
=1.912

Current CPI (Mar. 2023) = 127.3478.

Boustead Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 3.012 98.518 3.893
201309 3.063 98.790 3.948
201312 3.375 98.326 4.371
201403 3.370 99.695 4.305
201406 3.511 100.560 4.446
201409 3.185 100.428 4.039
201412 3.342 99.070 4.296
201503 3.328 99.621 4.254
201506 3.326 100.684 4.207
201509 3.292 100.392 4.176
201512 3.269 99.792 4.172
201603 3.244 100.470 4.112
201606 3.938 101.688 4.932
201609 3.414 101.861 4.268
201612 3.548 101.863 4.436
201703 3.379 102.862 4.183
201706 3.383 103.349 4.169
201709 3.513 104.136 4.296
201712 3.472 104.011 4.251
201803 3.629 105.290 4.389
201806 3.577 106.317 4.285
201809 3.587 106.507 4.289
201812 3.060 105.998 3.676
201903 3.254 107.251 3.864
201906 3.264 108.070 3.846
201909 3.098 108.329 3.642
201912 2.140 108.420 2.514
202003 2.078 108.902 2.430
202006 2.063 108.767 2.415
202009 2.050 109.815 2.377
202012 1.838 109.897 2.130
202103 1.824 111.754 2.079
202106 1.837 114.631 2.041
202109 1.876 115.734 2.064
202112 1.918 117.630 2.076
202203 2.067 121.301 2.170
202206 2.092 125.017 2.131
202209 2.157 125.227 2.194
202212 1.929 125.222 1.962
202303 1.912 127.348 1.912

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.


Boustead Holdings Bhd  (XKLS:2771) 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.


Boustead Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


Boustead Holdings Bhd (XKLS:2771) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jalan PJU 7/6, Level 23, The Bousteador, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800
Boustead Holdings Bhd is a conglomerate. The company operates in six segments. The plantation division primarily involves the planting of oil palm and processing of crude palm oil. The heavy industries division primarily involves shipbuilding, fabrication of offshore structures, and vessel restoration and maintenance. The Property and Industrial Division division primarily involves real estate development and leasing, as well as hotel operation. The pharmaceutical division manufactures, trades, and markets pharmaceutical products. The trading and industrial division operates a petrol station network and manufactures and trades building materials.

Boustead Holdings Bhd (XKLS:2771) Headlines

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