GURUFOCUS.COM » STOCK LIST » Technology » Hardware » JCY International Bhd (XKLS:5161) » Definitions » Cyclically Adjusted PB Ratio

JCY International Bhd (XKLS:5161) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 22, 2024)


View and export this data going back to 2010. Start your Free Trial

What is JCY International Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-22), JCY International Bhd's current share price is RM0.845. JCY International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.57. JCY International Bhd's Cyclically Adjusted PB Ratio for today is 1.48.

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

XKLS:5161' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.42   Max: 1.57
Current: 1.47

During the past years, JCY International Bhd's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.20. And the median was 0.42.

XKLS:5161's Cyclically Adjusted PB Ratio is ranked better than
52.68% of 1902 companies
in the Hardware industry
Industry Median: 1.665 vs XKLS:5161: 1.47

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.

JCY International Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.325. 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 RM0.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JCY International Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JCY International 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.

JCY International Bhd Cyclically Adjusted PB Ratio Chart

JCY International Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.53 0.23 0.32

JCY International 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 0.28 0.27 0.32 0.38 0.44

Competitive Comparison of JCY International Bhd's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, JCY International 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.


JCY International Bhd's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, JCY International Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JCY International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.845/0.57
=1.48

* 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.

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

For example, JCY International 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)
=0.325/131.7762*131.7762
=0.325

Current CPI (Mar. 2024) = 131.7762.

JCY International Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.550 100.560 0.721
201409 0.552 100.428 0.724
201412 0.572 99.070 0.761
201503 0.596 99.621 0.788
201506 0.601 100.684 0.787
201509 0.636 100.392 0.835
201512 0.624 99.792 0.824
201603 0.593 100.470 0.778
201606 0.569 101.688 0.737
201609 0.551 101.861 0.713
201612 0.563 101.863 0.728
201703 0.557 102.862 0.714
201706 0.539 103.349 0.687
201709 0.528 104.136 0.668
201712 0.514 104.011 0.651
201803 0.490 105.290 0.613
201806 0.484 106.317 0.600
201809 0.458 106.507 0.567
201812 0.460 105.998 0.572
201903 0.448 107.251 0.550
201906 0.434 108.070 0.529
201909 0.431 108.329 0.524
201912 0.428 108.420 0.520
202003 0.434 108.902 0.525
202006 0.436 108.767 0.528
202009 0.448 109.815 0.538
202012 0.432 109.897 0.518
202103 0.424 111.754 0.500
202106 0.418 114.631 0.481
202109 0.411 115.734 0.468
202112 0.413 117.630 0.463
202203 0.408 121.301 0.443
202206 0.402 125.017 0.424
202209 0.371 125.227 0.390
202212 0.356 125.222 0.375
202303 0.344 127.348 0.356
202306 0.338 128.729 0.346
202309 0.324 129.860 0.329
202312 0.323 129.419 0.329
202403 0.325 131.776 0.325

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.


JCY International Bhd  (XKLS:5161) 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.


JCY International Bhd Cyclically Adjusted PB Ratio Related Terms

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


JCY International Bhd (XKLS:5161) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jalan Firma 3, Kawasan Perindustrian Tebrau IV, Johor Bahru, JHR, MYS, 81100
JCY International Bhd and its subsidiaries are in the business of investment holding and manufacturing & trading of hard disk drive components. The company operates in Malaysia, Thailand, and other segments. It derives the majority of its revenues from Malaysia. Its products include LED Light Bulbs, Solar Micro Inverters, Baseplates, Solid State Drive Enclosures, Covers, Heat Sinks, Prototype Hog Out, Hard Disk Drive Cover, Separator Plates, Actuator Arm Body, Form-In-Place Gasket and others.

JCY International Bhd (XKLS:5161) Headlines

No Headlines