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Jaya Tiasa Holdings Bhd (XKLS:4383) Cyclically Adjusted PB Ratio : 0.64 (As of May. 26, 2024)


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What is Jaya Tiasa Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Jaya Tiasa Holdings Bhd's current share price is RM1.18. Jaya Tiasa Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.84. Jaya Tiasa Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.64.

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

XKLS:4383' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.38   Max: 0.79
Current: 0.64

During the past years, Jaya Tiasa Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.79. The lowest was 0.26. And the median was 0.38.

XKLS:4383's Cyclically Adjusted PB Ratio is ranked better than
77.13% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XKLS:4383: 0.64

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.

Jaya Tiasa Holdings Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.527. 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 RM1.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaya Tiasa Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jaya Tiasa 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.

Jaya Tiasa Holdings Bhd Cyclically Adjusted PB Ratio Chart

Jaya Tiasa Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.34 0.37

Jaya Tiasa Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.34 0.35 0.37 0.47 0.50

Competitive Comparison of Jaya Tiasa Holdings Bhd's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Jaya Tiasa 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.


Jaya Tiasa Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jaya Tiasa Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jaya Tiasa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.18/1.84
=0.64

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.527/129.4194*129.4194
=1.527

Current CPI (Dec. 2023) = 129.4194.

Jaya Tiasa Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.804 99.695 2.342
201406 1.810 100.560 2.329
201409 1.834 100.428 2.363
201412 1.814 99.070 2.370
201503 1.815 99.621 2.358
201506 1.828 100.684 2.350
201509 1.852 100.392 2.388
201512 1.870 99.792 2.425
201603 1.871 100.470 2.410
201606 1.874 101.688 2.385
201609 1.893 101.861 2.405
201612 1.899 101.863 2.413
201703 1.927 102.862 2.425
201706 1.579 103.349 1.977
201709 1.890 104.136 2.349
201712 1.897 104.011 2.360
201803 1.847 105.290 2.270
201806 1.507 106.317 1.834
201809 1.467 106.507 1.783
201812 1.391 105.998 1.698
201903 1.267 107.251 1.529
201906 1.209 108.070 1.448
201909 1.216 108.329 1.453
201912 1.252 108.420 1.494
202003 1.168 108.902 1.388
202006 1.147 108.767 1.365
202009 1.180 109.815 1.391
202012 1.189 109.897 1.400
202103 1.159 111.754 1.342
202106 1.178 114.631 1.330
202109 1.203 115.734 1.345
202112 1.255 117.630 1.381
202203 1.276 121.301 1.361
202206 1.313 125.017 1.359
202209 1.317 125.227 1.361
202212 1.371 125.222 1.417
202303 1.365 127.348 1.387
202306 1.425 128.729 1.433
202309 1.477 129.860 1.472
202312 1.527 129.419 1.527

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.


Jaya Tiasa Holdings Bhd  (XKLS:4383) 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.


Jaya Tiasa Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


Jaya Tiasa Holdings Bhd (XKLS:4383) Business Description

Traded in Other Exchanges
N/A
Address
No.1-9, Pusat Suria Permata, Lorong Upper Lanang 10A, Sibu, SWK, MYS, 96000
Jaya Tiasa Holdings Bhd is an investment holding company, engaged in the development of oil palm plantations. The business activity of the group is breakdown into various segments which include logs trading, manufacturing, oil palm, oil mill, and others. Through its subsidiaries, the company manufactures a product such as sawn timber, blockboard, plywood, veneer, and related products. In addition, the firm also provides air transportation services and it is further engaged in the development of oil palm plantations. The majority of the firm's revenue gets derived from the oil palm operations.

Jaya Tiasa Holdings Bhd (XKLS:4383) Headlines

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