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Lion Industries Bhd (XKLS:4235) Cyclically Adjusted PB Ratio : 0.10 (As of Jun. 23, 2024)


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What is Lion Industries Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Lion Industries Bhd's current share price is RM0.32. Lion Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM3.22. Lion Industries Bhd's Cyclically Adjusted PB Ratio for today is 0.10.

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

XKLS:4235' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.25
Current: 0.1

During the past years, Lion Industries Bhd's highest Cyclically Adjusted PB Ratio was 0.25. The lowest was 0.05. And the median was 0.10.

XKLS:4235's Cyclically Adjusted PB Ratio is ranked better than
98.47% of 523 companies
in the Steel industry
Industry Median: 0.96 vs XKLS:4235: 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.

Lion Industries Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.568. 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 RM3.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lion Industries Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lion Industries 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.

Lion Industries Bhd Cyclically Adjusted PB Ratio Chart

Lion Industries Bhd Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.08 0.11 0.10

Lion Industries Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 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 0.09 0.09 0.11 0.10 0.09

Competitive Comparison of Lion Industries Bhd's Cyclically Adjusted PB Ratio

For the Steel subindustry, Lion Industries 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.


Lion Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lion Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lion Industries 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.

Lion Industries Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.32/3.22
=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.

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

For example, Lion Industries 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)
=1.568/131.7762*131.7762
=1.568

Current CPI (Mar. 2024) = 131.7762.

Lion Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.265 98.326 5.716
201403 4.278 99.695 5.655
201406 3.693 100.560 4.839
201409 3.654 100.428 4.795
201412 3.567 99.070 4.745
201503 3.519 99.621 4.655
201506 3.330 100.684 4.358
201509 3.315 100.392 4.351
201512 3.442 99.792 4.545
201603 3.269 100.470 4.288
201606 2.300 101.688 2.981
201609 2.299 101.861 2.974
201612 2.431 101.863 3.145
201703 2.505 102.862 3.209
201706 2.566 103.349 3.272
201709 2.552 104.136 3.229
201712 2.608 104.011 3.304
201803 2.690 105.290 3.367
201806 2.762 106.317 3.423
201809 2.715 106.507 3.359
201812 2.694 105.998 3.349
201903 2.596 107.251 3.190
201906 2.459 108.070 2.998
201909 2.270 108.329 2.761
201912 2.123 108.420 2.580
202003 2.063 108.902 2.496
202006 1.838 108.767 2.227
202009 1.785 109.815 2.142
202012 1.989 109.897 2.385
202103 2.003 111.754 2.362
202109 1.959 115.734 2.231
202203 2.635 121.301 2.863
202206 2.567 125.017 2.706
202209 2.311 125.227 2.432
202212 2.199 125.222 2.314
202303 2.202 127.348 2.279
202306 2.101 128.729 2.151
202309 2.006 129.860 2.036
202312 1.617 129.419 1.646
202403 1.568 131.776 1.568

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.


Lion Industries Bhd  (XKLS:4235) 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.


Lion Industries Bhd Cyclically Adjusted PB Ratio Related Terms

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


Lion Industries Bhd (XKLS:4235) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200
Lion Industries Corp Bhd is an investment holding company. The company's business segments are steel, building materials, and others. Its steel segment engaged in manufacturing and marketing of steel bars, wire rods, hot briquetted iron, and steel related products. The building materials segment consists of trading and distribution of building materials and other steel products. Other segment involves in investment holding, treasury business, manufacture and trading of lubricants, spark plugs and provision of transportation services, agriculture, distributing and retailing of consumer products. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of the revenue from Malaysia.

Lion Industries Bhd (XKLS:4235) Headlines

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