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One Glove Group Bhd (XKLS:5079) Cyclically Adjusted PB Ratio : 0.55 (As of Jan. 18, 2025)


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What is One Glove Group Bhd Cyclically Adjusted PB Ratio?

As of today (2025-01-18), One Glove Group Bhd's current share price is RM0.22. One Glove Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was RM0.40. One Glove Group Bhd's Cyclically Adjusted PB Ratio for today is 0.55.

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

XKLS:5079' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.54   Max: 0.88
Current: 0.57

During the past years, One Glove Group Bhd's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.47. And the median was 0.54.

XKLS:5079's Cyclically Adjusted PB Ratio is ranked better than
84.34% of 447 companies
in the Medical Devices & Instruments industry
Industry Median: 2.01 vs XKLS:5079: 0.57

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.

One Glove Group Bhd's adjusted book value per share data for the three months ended in Sep. 2024 was RM0.176. 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 RM0.40 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


One Glove Group Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for One Glove Group 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.

One Glove Group Bhd Cyclically Adjusted PB Ratio Chart

One Glove Group Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.54

One Glove Group Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.52 0.56 0.54 0.51 0.51

Competitive Comparison of One Glove Group Bhd's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, One Glove Group 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.


One Glove Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, One Glove Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



One Glove Group 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.

One Glove Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.22/0.4
=0.55

* 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.

One Glove Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, One Glove Group Bhd's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.176/133.0289*133.0289
=0.176

Current CPI (Sep. 2024) = 133.0289.

One Glove Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.449 98.518 0.606
201309 0.451 98.790 0.607
201312 0.435 98.326 0.589
201403 0.436 99.695 0.582
201406 0.437 100.560 0.578
201409 0.431 100.428 0.571
201412 0.429 99.070 0.576
201503 0.422 99.621 0.564
201506 0.422 100.684 0.558
201509 0.400 100.392 0.530
201512 0.339 99.792 0.452
201603 0.332 100.470 0.440
201606 0.317 101.688 0.415
201609 0.307 101.861 0.401
201612 0.437 101.863 0.571
201703 0.433 102.862 0.560
201706 0.435 103.349 0.560
201709 0.425 104.136 0.543
201803 0.458 105.290 0.579
201809 0.331 106.507 0.413
201812 0.320 105.998 0.402
201903 0.306 107.251 0.380
201906 0.265 108.070 0.326
201909 0.266 108.329 0.327
201912 0.274 108.420 0.336
202003 0.242 108.902 0.296
202006 0.162 108.767 0.198
202009 0.136 109.815 0.165
202012 0.338 109.897 0.409
202103 0.359 111.754 0.427
202112 0.311 117.630 0.352
202203 0.298 121.301 0.327
202206 0.272 125.017 0.289
202212 0.194 125.222 0.206
202306 0.078 128.729 0.081
202309 0.099 129.860 0.101
202312 0.234 129.419 0.241
202403 0.205 131.776 0.207
202406 0.191 132.554 0.192
202409 0.176 133.029 0.176

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.


One Glove Group Bhd  (XKLS:5079) 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.


One Glove Group Bhd Cyclically Adjusted PB Ratio Related Terms

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


One Glove Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Perindustrian Kamunting 3, Lot 73-86, Jalan Logam 5, Kamunting Raya Indutrial Estate, Kamunting, PRK, MYS, 34600
One Glove Group Bhd is a glove innovator and manufacturer. The company's segment includes Manufacturing, Investment holding, and Others. Its geographical market includes Japan, Germany, Malaysia, Singapore, the United States of America, India, and Others of which it generates the majority of its revenue from Singapore. The Company has one core business segment, the Gloves Business, with one factory in operation, the Kamunting Factory.

One Glove Group Bhd Headlines

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