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Damansara Holdings Bhd (XKLS:3484) Cyclically Adjusted PB Ratio : 1.56 (As of Jun. 23, 2024)


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What is Damansara Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Damansara Holdings Bhd's current share price is RM0.795. Damansara Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was RM0.51. Damansara Holdings Bhd's Cyclically Adjusted PB Ratio for today is 1.56.

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

XKLS:3484's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.69
* 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.

Damansara Holdings Bhd's adjusted book value per share data for the three months ended in Sep. 2022 was RM0.330. 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 RM0.51 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Damansara Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Damansara 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.

Damansara Holdings Bhd Cyclically Adjusted PB Ratio Chart

Damansara Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Damansara Holdings Bhd Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Sep22
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 0.82 1.01 1.02 0.99 0.93

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

For the Real Estate Services subindustry, Damansara 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.


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

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

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



Damansara 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.795/0.51
=1.56

* 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.

Damansara Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Damansara Holdings Bhd's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.33/125.2265*125.2265
=0.330

Current CPI (Sep. 2022) = 125.2265.

Damansara Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201203 0.404 96.783 0.523
201206 0.398 96.819 0.515
201209 0.452 97.633 0.580
201212 0.379 96.871 0.490
201303 0.374 98.209 0.477
201306 0.414 98.518 0.526
201309 0.406 98.790 0.515
201312 0.415 98.326 0.529
201403 0.403 99.695 0.506
201406 0.399 100.560 0.497
201409 0.390 100.428 0.486
201412 0.385 99.070 0.487
201503 0.400 99.621 0.503
201506 0.386 100.684 0.480
201509 0.372 100.392 0.464
201512 0.371 99.792 0.466
201603 0.359 100.470 0.447
201606 0.339 101.688 0.417
201609 0.324 101.861 0.398
201612 0.284 101.863 0.349
201703 0.280 102.862 0.341
201706 0.295 103.349 0.357
201709 0.292 104.136 0.351
201712 0.475 104.011 0.572
201803 0.481 105.290 0.572
201806 0.480 106.317 0.565
201809 0.486 106.507 0.571
201812 0.541 105.998 0.639
201903 0.540 107.251 0.631
201906 0.552 108.070 0.640
201909 0.564 108.329 0.652
201912 0.590 108.420 0.681
202003 0.588 108.902 0.676
202006 0.583 108.767 0.671
202009 0.567 109.815 0.647
202103 0.540 111.754 0.605
202109 0.452 115.734 0.489
202112 0.450 117.630 0.479
202203 0.440 121.301 0.454
202209 0.330 125.227 0.330

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.


Damansara Holdings Bhd  (XKLS:3484) 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.


Damansara Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


Damansara Holdings Bhd (XKLS:3484) Business Description

Traded in Other Exchanges
N/A
Address
Wisma chase perdana, Lot 10.3, Level 10, Off Jalan Semantan, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Damansara Holdings Bhd is an investment holding company. The group has structured its operations into the following business segments -Property and Land Development, Integrated Facility Management, Project Management Consultancy, and Holding company. The majority of the revenue is generated from the Integrated Facility Management segment which is engaged in the provision of property services comprising of general services, parking operation, trading of parking equipment, and the provision of related consultancy services.

Damansara Holdings Bhd (XKLS:3484) Headlines

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