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Asian Pac Holdings Bhd (XKLS:4057) Cyclically Adjusted PB Ratio : 0.10 (As of Sep. 21, 2024)


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What is Asian Pac Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Asian Pac Holdings Bhd's current share price is RM0.105. Asian Pac Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was RM1.04. Asian Pac Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.10.

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

XKLS:4057' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.17
Current: 0.1

During the past years, Asian Pac Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.17. The lowest was 0.09. And the median was 0.11.

XKLS:4057's Cyclically Adjusted PB Ratio is ranked better than
89.57% of 1304 companies
in the Real Estate industry
Industry Median: 0.645 vs XKLS:4057: 0.10

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.

Asian Pac Holdings Bhd's adjusted book value per share data for the three months ended in Jun. 2024 was RM0.739. 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 RM1.04 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Pac Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asian Pac 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.

Asian Pac Holdings Bhd Cyclically Adjusted PB Ratio Chart

Asian Pac Holdings Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.13 0.11 0.10

Asian Pac Holdings Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.09 0.11 0.10 0.10 0.11

Competitive Comparison of Asian Pac Holdings Bhd's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Asian Pac 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.


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

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

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



Asian Pac 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.105/1.04
=0.10

* 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.

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

For example, Asian Pac Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.739/132.5538*132.5538
=0.739

Current CPI (Jun. 2024) = 132.5538.

Asian Pac Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.396 100.428 0.523
201412 0.396 99.070 0.530
201503 0.799 99.621 1.063
201506 0.792 100.684 1.043
201509 0.787 100.392 1.039
201512 0.811 99.792 1.077
201603 0.869 100.470 1.146
201606 0.870 101.688 1.134
201609 0.869 101.861 1.131
201612 0.870 101.863 1.132
201703 0.867 102.862 1.117
201706 0.950 103.349 1.218
201709 0.948 104.136 1.207
201712 0.935 104.011 1.192
201803 0.963 105.290 1.212
201806 0.968 106.317 1.207
201809 0.969 106.507 1.206
201812 0.970 105.998 1.213
201903 1.009 107.251 1.247
201906 1.011 108.070 1.240
201909 0.713 108.329 0.872
201912 1.029 108.420 1.258
202003 1.054 108.902 1.283
202006 1.050 108.767 1.280
202009 1.053 109.815 1.271
202012 1.073 109.897 1.294
202103 1.021 111.754 1.211
202106 1.017 114.631 1.176
202109 1.017 115.734 1.165
202112 1.020 117.630 1.149
202203 1.009 121.301 1.103
202206 0.713 125.017 0.756
202209 0.714 125.227 0.756
202212 0.723 125.222 0.765
202303 0.720 127.348 0.749
202306 0.727 128.729 0.749
202309 0.728 129.860 0.743
202312 0.726 129.419 0.744
202403 0.738 131.776 0.742
202406 0.739 132.554 0.739

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.


Asian Pac Holdings Bhd  (XKLS:4057) 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.


Asian Pac Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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Asian Pac Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No.6, Lorong P. Ramlee, Ground Floor, Menara SMI, Kuala Lumpur, MYS, 50250
Asian Pac Holdings Bhd, through its subsidiaries, is engaged in property investment, property development activities, and car park operations in Malaysia. It has five reportable segments: Property development, Car park operations, and Mall operations. It generates the majority of its revenue from the Property development segment.

Asian Pac Holdings Bhd Headlines

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