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TAS Offshore Bhd (XKLS:5149) Cyclically Adjusted PB Ratio : 0.63 (As of May. 29, 2025)


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What is TAS Offshore Bhd Cyclically Adjusted PB Ratio?

As of today (2025-05-29), TAS Offshore Bhd's current share price is RM0.575. TAS Offshore Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was RM0.91. TAS Offshore Bhd's Cyclically Adjusted PB Ratio for today is 0.63.

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

XKLS:5149' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.31   Max: 0.91
Current: 0.66

During the past years, TAS Offshore Bhd's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.17. And the median was 0.31.

XKLS:5149's Cyclically Adjusted PB Ratio is ranked better than
87.75% of 204 companies
in the Aerospace & Defense industry
Industry Median: 2.86 vs XKLS:5149: 0.66

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.

TAS Offshore Bhd's adjusted book value per share data for the three months ended in Feb. 2025 was RM0.654. 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 RM0.91 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAS Offshore Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Cyclically Adjusted PB Ratio Chart

TAS Offshore Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.38 0.22 0.20 0.77

TAS Offshore Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.63 0.77 0.69 0.70 0.68

Competitive Comparison of TAS Offshore Bhd's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, TAS Offshore 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.


TAS Offshore Bhd's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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TAS Offshore 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.575/0.91
=0.63

* 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.

TAS Offshore Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, TAS Offshore Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book=Book Value per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=0.654/134.6241*134.6241
=0.654

Current CPI (Feb. 2025) = 134.6241.

TAS Offshore Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201505 1.061 100.333 1.424
201508 1.139 100.548 1.525
201511 1.159 100.135 1.558
201602 1.077 100.040 1.449
201605 0.962 101.355 1.278
201608 0.954 101.617 1.264
201611 0.969 101.829 1.281
201702 0.978 102.779 1.281
201705 0.893 103.256 1.164
201708 0.902 103.587 1.172
201711 0.891 104.072 1.153
201802 0.885 105.052 1.134
201805 0.890 106.148 1.129
201808 0.885 106.383 1.120
201811 0.893 106.338 1.131
201902 0.885 106.649 1.117
201905 0.903 108.048 1.125
201908 0.905 108.245 1.126
201911 0.900 108.519 1.117
202002 0.870 109.139 1.073
202005 0.481 108.175 0.599
202008 0.489 109.662 0.600
202011 0.486 109.793 0.596
202102 0.514 110.968 0.624
202105 0.519 113.576 0.615
202108 0.519 115.421 0.605
202111 0.514 117.269 0.590
202202 0.503 119.703 0.566
202205 0.512 123.323 0.559
202208 0.508 124.958 0.547
202211 0.506 125.607 0.542
202302 0.510 126.928 0.541
202305 0.532 128.314 0.558
202308 0.532 129.538 0.553
202311 0.547 129.548 0.568
202402 0.581 130.930 0.597
202405 0.566 132.509 0.575
202408 0.600 132.816 0.608
202411 0.652 133.110 0.659
202502 0.654 134.624 0.654

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.


TAS Offshore Bhd  (XKLS:5149) 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.


TAS Offshore Bhd Cyclically Adjusted PB Ratio Related Terms

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


TAS Offshore Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 199, Sungai Ma’aw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is engaged in the shipbuilding business. The company's shipbuilding activities include Hull and superstructure construction; Propulsion and power system installation; Communication, navigation and surveillance systems installation; Machinery and equipment installation; Interior fit-out; Painting and Vessel testing and commissioning. Its only operating segment being shipbuilding, ship repairing and vessel chartering activities. Geographically, it operates in Malaysia, Indonesia and Singapore. It derives maximum revenue from Indonesia.

TAS Offshore Bhd Headlines

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