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YTL Bhd (XKLS:4677) Cyclically Adjusted PB Ratio : 2.42 (As of May. 25, 2024)


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What is YTL Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-25), YTL Bhd's current share price is RM3.68. YTL Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.52. YTL Bhd's Cyclically Adjusted PB Ratio for today is 2.42.

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

XKLS:4677' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.52   Max: 2.56
Current: 2.56

During the past years, YTL Bhd's highest Cyclically Adjusted PB Ratio was 2.56. The lowest was 0.36. And the median was 0.52.

XKLS:4677's Cyclically Adjusted PB Ratio is ranked worse than
77.01% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.435 vs XKLS:4677: 2.56

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.

YTL Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.460. 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 RM1.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


YTL Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for YTL 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.

YTL Bhd Cyclically Adjusted PB Ratio Chart

YTL 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 0.85 0.61 0.48 0.39 0.69

YTL Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 0.41 0.69 1.01 1.26 1.74

Competitive Comparison of YTL Bhd's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, YTL 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.


YTL Bhd's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, YTL Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YTL 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.68/1.52
=2.42

* 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.

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

For example, YTL 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)
=1.46/131.7762*131.7762
=1.460

Current CPI (Mar. 2024) = 131.7762.

YTL Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.316 100.560 1.725
201409 1.320 100.428 1.732
201412 1.244 99.070 1.655
201503 1.290 99.621 1.706
201506 1.331 100.684 1.742
201509 1.431 100.392 1.878
201512 1.311 99.792 1.731
201603 1.273 100.470 1.670
201606 1.330 101.688 1.724
201609 1.375 101.861 1.779
201612 1.332 101.863 1.723
201703 1.345 102.862 1.723
201706 1.333 103.349 1.700
201709 1.360 104.136 1.721
201712 1.284 104.011 1.627
201803 1.273 105.290 1.593
201806 1.273 106.317 1.578
201809 1.306 106.507 1.616
201812 1.233 105.998 1.533
201903 1.258 107.251 1.546
201906 1.214 108.070 1.480
201909 1.190 108.329 1.448
201912 1.194 108.420 1.451
202003 1.170 108.902 1.416
202006 1.132 108.767 1.371
202009 1.128 109.815 1.354
202012 1.151 109.897 1.380
202103 1.186 111.754 1.398
202106 1.166 114.631 1.340
202109 1.121 115.734 1.276
202112 1.077 117.630 1.207
202203 1.153 121.301 1.253
202206 1.194 125.017 1.259
202209 1.161 125.227 1.222
202212 1.146 125.222 1.206
202303 1.197 127.348 1.239
202306 1.319 128.729 1.350
202309 1.369 129.860 1.389
202312 1.387 129.419 1.412
202403 1.460 131.776 1.460

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.


YTL Bhd  (XKLS:4677) 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.


YTL Bhd Cyclically Adjusted PB Ratio Related Terms

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


YTL Bhd (XKLS:4677) Business Description

Traded in Other Exchanges
Address
205 Jalan Bukit Bintang, 33rd Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
YTL Corp Bhd is a global holding company that operates in the infrastructure development space through its subsidiaries. YTL Corp has a wide variety of operations, including activities in the construction, power generation and transmission, water and sewage facilities, communications, cement manufacturing, property development and investment, hotel development and management, e-commerce, and Internet education services industries. The company's largest segment is its Utility division, which houses its electricity generation and water management businesses. YTL mainly generates revenue from selling electricity, water, and other goods, such as cement and real estate. The company's primary geographic areas include Malaysia, the U.K., and Singapore.

YTL Bhd (XKLS:4677) Headlines

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