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ELK-Desa Resources Bhd (XKLS:5228) Cyclically Adjusted PB Ratio : 0.97 (As of May. 29, 2025)


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What is ELK-Desa Resources Bhd Cyclically Adjusted PB Ratio?

As of today (2025-05-29), ELK-Desa Resources Bhd's current share price is RM1.16. ELK-Desa Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was RM1.20. ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio for today is 0.97.

The historical rank and industry rank for ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:5228' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.95   Max: 1.11
Current: 0.97

During the past years, ELK-Desa Resources Bhd's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.71. And the median was 0.95.

XKLS:5228's Cyclically Adjusted PB Ratio is ranked better than
51.78% of 309 companies
in the Credit Services industry
Industry Median: 1 vs XKLS:5228: 0.97

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.

ELK-Desa Resources Bhd's adjusted book value per share data for the three months ended in Mar. 2025 was RM1.085. 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 RM1.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ELK-Desa Resources Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ELK-Desa Resources 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.

ELK-Desa Resources Bhd Cyclically Adjusted PB Ratio Chart

ELK-Desa Resources Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.76 0.96 1.01 0.97

ELK-Desa Resources Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.01 1.03 1.01 0.94 0.97

Competitive Comparison of ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, ELK-Desa Resources 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.


ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio falls into.


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ELK-Desa Resources 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.

ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.16/1.20
=0.97

* 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.

ELK-Desa Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ELK-Desa Resources Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.085/134.9266*134.9266
=1.085

Current CPI (Mar. 2025) = 134.9266.

ELK-Desa Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.301 100.684 1.743
201509 0.816 100.392 1.097
201512 1.228 99.792 1.660
201603 1.216 100.470 1.633
201606 1.251 101.688 1.660
201609 0.944 101.861 1.250
201612 0.941 101.863 1.246
201703 0.948 102.862 1.244
201706 0.966 103.349 1.261
201709 0.932 104.136 1.208
201712 0.907 104.011 1.177
201803 0.925 105.290 1.185
201806 0.926 106.317 1.175
201809 0.918 106.507 1.163
201812 0.906 105.998 1.153
201903 0.925 107.251 1.164
201906 0.922 108.070 1.151
201909 0.942 108.329 1.173
201912 0.939 108.420 1.169
202003 0.954 108.902 1.182
202006 0.934 108.767 1.159
202009 0.956 109.815 1.175
202012 0.959 109.897 1.177
202103 0.991 111.754 1.196
202106 0.969 114.631 1.141
202109 0.980 115.734 1.143
202112 0.990 117.630 1.136
202203 1.002 121.301 1.115
202206 1.001 125.017 1.080
202209 1.026 125.227 1.105
202212 1.021 125.222 1.100
202303 1.037 127.348 1.099
202306 1.021 128.729 1.070
202309 1.040 129.860 1.081
202312 1.042 129.419 1.086
202403 1.063 131.776 1.088
202406 1.051 132.554 1.070
202409 1.069 133.029 1.084
202412 1.068 133.157 1.082
202503 1.085 134.927 1.085

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.


ELK-Desa Resources Bhd  (XKLS:5228) 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.


ELK-Desa Resources Bhd Cyclically Adjusted PB Ratio Related Terms

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


ELK-Desa Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire-purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling, and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.

ELK-Desa Resources Bhd Headlines

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