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AEON Credit Service (M) Bhd (XKLS:5139) Cyclically Adjusted PB Ratio : 1.88 (As of Jun. 19, 2024)


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What is AEON Credit Service (M) Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-19), AEON Credit Service (M) Bhd's current share price is RM7.70. AEON Credit Service (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was RM4.09. AEON Credit Service (M) Bhd's Cyclically Adjusted PB Ratio for today is 1.88.

The historical rank and industry rank for AEON Credit Service (M) Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:5139' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.92   Max: 2.68
Current: 1.84

During the past years, AEON Credit Service (M) Bhd's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 1.40. And the median was 1.92.

XKLS:5139's Cyclically Adjusted PB Ratio is ranked worse than
72.68% of 399 companies
in the Credit Services industry
Industry Median: 0.93 vs XKLS:5139: 1.84

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.

AEON Credit Service (M) Bhd's adjusted book value per share data for the three months ended in Feb. 2024 was RM5.166. 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 RM4.09 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AEON Credit Service (M) Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AEON Credit Service (M) 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.

AEON Credit Service (M) Bhd Cyclically Adjusted PB Ratio Chart

AEON Credit Service (M) Bhd Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.35 2.40 1.66 1.55

AEON Credit Service (M) Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.66 1.52 1.42 1.44 1.55

Competitive Comparison of AEON Credit Service (M) Bhd's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, AEON Credit Service (M) 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.


AEON Credit Service (M) Bhd's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AEON Credit Service (M) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AEON Credit Service (M) Bhd's Cyclically Adjusted PB Ratio falls into.



AEON Credit Service (M) 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.

AEON Credit Service (M) Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.70/4.09
=1.88

* 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.

AEON Credit Service (M) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, AEON Credit Service (M) Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=5.166/130.9299*130.9299
=5.166

Current CPI (Feb. 2024) = 130.9299.

AEON Credit Service (M) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201405 1.736 100.373 2.265
201408 1.762 100.352 2.299
201411 1.750 99.635 2.300
201502 2.212 99.032 2.924
201505 2.339 100.333 3.052
201508 2.315 100.548 3.015
201511 2.341 100.135 3.061
201602 2.456 100.040 3.214
201605 2.616 101.355 3.379
201608 2.616 101.617 3.371
201611 2.682 101.829 3.448
201702 2.850 102.779 3.631
201705 3.016 103.256 3.824
201708 3.062 103.587 3.870
201711 3.579 104.072 4.503
201802 3.738 105.052 4.659
201805 3.279 106.148 4.045
201808 3.341 106.383 4.112
201811 3.183 106.338 3.919
201902 3.737 106.649 4.588
201905 3.780 108.048 4.581
201908 3.695 108.245 4.469
201911 3.669 108.519 4.427
202002 3.464 109.139 4.156
202005 3.398 108.175 4.113
202008 3.381 109.662 4.037
202011 3.411 109.793 4.068
202102 3.708 110.968 4.375
202105 4.050 113.576 4.669
202108 4.099 115.421 4.650
202111 4.208 117.269 4.698
202202 4.311 119.703 4.715
202205 4.743 123.323 5.036
202208 4.764 124.958 4.992
202211 4.820 125.607 5.024
202302 4.945 126.928 5.101
202305 5.153 128.314 5.258
202308 5.291 129.538 5.348
202311 5.314 129.548 5.371
202402 5.166 130.930 5.166

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.


AEON Credit Service (M) Bhd  (XKLS:5139) 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.


AEON Credit Service (M) Bhd Cyclically Adjusted PB Ratio Related Terms

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


AEON Credit Service (M) Bhd (XKLS:5139) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Kerinchi, Avenue 10, Level 18, UOA Corporate Tower, The Vertical, Bangsar South City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
AEON Credit Service (M) Bhd offers credit cards and other loans and financing options to consumers in Malaysia. The company earns more than 80% of its revenue from interest and financing charges on the loans it provides. Fees provide the remaining revenue. Vehicle financing, with a roughly even split between cars and motorcycles, accounts for more than half of the loans the company has outstanding. Remaining loans outstanding are in the personal financing, consumer durables financing, and credit card categories. Aeon Credit issues credit cards under the Visa and Mastercard brand names.

AEON Credit Service (M) Bhd (XKLS:5139) Headlines

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