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Heitech Padu Bhd (XKLS:5028) Cyclically Adjusted PB Ratio : 1.31 (As of Jun. 20, 2024)


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What is Heitech Padu Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Heitech Padu Bhd's current share price is RM2.10. Heitech Padu Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.60. Heitech Padu Bhd's Cyclically Adjusted PB Ratio for today is 1.31.

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

XKLS:5028' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.61   Max: 1.64
Current: 1.2

During the past years, Heitech Padu Bhd's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.36. And the median was 0.61.

XKLS:5028's Cyclically Adjusted PB Ratio is ranked better than
74.25% of 1425 companies
in the Software industry
Industry Median: 2.52 vs XKLS:5028: 1.20

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.

Heitech Padu Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.432. 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 RM1.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heitech Padu Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Heitech Padu 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.

Heitech Padu Bhd Cyclically Adjusted PB Ratio Chart

Heitech Padu Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.89 0.72 0.40 0.55

Heitech Padu 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 0.45 0.39 0.41 0.55 1.22

Competitive Comparison of Heitech Padu Bhd's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Heitech Padu 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.


Heitech Padu Bhd's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Heitech Padu Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Heitech Padu 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.10/1.6
=1.31

* 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.

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

For example, Heitech Padu 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)
=1.432/131.7762*131.7762
=1.432

Current CPI (Mar. 2024) = 131.7762.

Heitech Padu Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.653 100.560 2.166
201409 1.622 100.428 2.128
201412 1.590 99.070 2.115
201503 1.633 99.621 2.160
201506 1.647 100.684 2.156
201509 1.634 100.392 2.145
201512 1.598 99.792 2.110
201603 1.611 100.470 2.113
201606 1.605 101.688 2.080
201609 1.616 101.861 2.091
201612 1.692 101.863 2.189
201703 1.713 102.862 2.195
201706 1.733 103.349 2.210
201709 1.654 104.136 2.093
201712 1.494 104.011 1.893
201803 1.279 105.290 1.601
201806 1.504 106.317 1.864
201809 1.525 106.507 1.887
201812 1.047 105.998 1.302
201903 1.043 107.251 1.282
201906 1.072 108.070 1.307
201909 1.070 108.329 1.302
201912 1.118 108.420 1.359
202003 1.136 108.902 1.375
202006 1.173 108.767 1.421
202009 1.205 109.815 1.446
202012 1.221 109.897 1.464
202103 1.223 111.754 1.442
202106 1.227 114.631 1.411
202109 1.239 115.734 1.411
202112 0.961 117.630 1.077
202203 0.969 121.301 1.053
202206 0.968 125.017 1.020
202209 0.932 125.227 0.981
202212 0.867 125.222 0.912
202303 0.833 127.348 0.862
202306 0.788 128.729 0.807
202309 0.778 129.860 0.789
202312 1.431 129.419 1.457
202403 1.432 131.776 1.432

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.


Heitech Padu Bhd  (XKLS:5028) 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.


Heitech Padu Bhd Cyclically Adjusted PB Ratio Related Terms

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


Heitech Padu Bhd (XKLS:5028) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Persiaran Kewajipan, USJ 1, Level 15, HeiTech Village, UEP Subang Jaya, Subang Jaya, Selangor Darul Ehsan, MYS, 47600
Heitech Padu Bhd offers systems integration, network related services, data centre management, disaster recovery services, and other information technology related services. The group is reorganized based on business maturity and is segregated as Core 1, which offers system integration and application development focusing on business acquisition for largely the Public Sector market. Core 2, which represents various offerings in different sectors by the group's subsidiaries; and Core 3, which carries the offerings for business acquisition mainly for the transport, financial services, and other segments. Geographically, it operates in Malaysia, Australia, and Indonesia. It has three operating segments: Information technology; Mailing and document processing services and Engineering works.

Heitech Padu Bhd (XKLS:5028) Headlines

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