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Leon Fuat Bhd (XKLS:5232) Cyclically Adjusted PB Ratio : 0.46 (As of May. 23, 2024)


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What is Leon Fuat Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Leon Fuat Bhd's current share price is RM0.605. Leon Fuat Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.32. Leon Fuat Bhd's Cyclically Adjusted PB Ratio for today is 0.46.

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

XKLS:5232' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.42   Max: 0.5
Current: 0.45

During the past years, Leon Fuat Bhd's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.37. And the median was 0.42.

XKLS:5232's Cyclically Adjusted PB Ratio is ranked better than
78.21% of 468 companies
in the Steel industry
Industry Median: 0.93 vs XKLS:5232: 0.45

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.

Leon Fuat Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.726. 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 RM1.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leon Fuat Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Leon Fuat 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.

Leon Fuat Bhd Cyclically Adjusted PB Ratio Chart

Leon Fuat Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.43 0.40

Leon Fuat Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.43 0.42 0.37 0.44 0.40

Competitive Comparison of Leon Fuat Bhd's Cyclically Adjusted PB Ratio

For the Steel subindustry, Leon Fuat 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.


Leon Fuat Bhd's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Leon Fuat Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leon Fuat 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.

Leon Fuat Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.605/1.32
=0.46

* 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.

Leon Fuat Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Leon Fuat Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.726/129.4194*129.4194
=1.726

Current CPI (Dec. 2023) = 129.4194.

Leon Fuat Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.667 99.695 0.866
201406 0.678 100.560 0.873
201409 0.706 100.428 0.910
201412 0.717 99.070 0.937
201503 0.739 99.621 0.960
201506 0.731 100.684 0.940
201509 0.746 100.392 0.962
201512 0.757 99.792 0.982
201603 0.759 100.470 0.978
201606 0.781 101.688 0.994
201609 0.799 101.861 1.015
201612 0.823 101.863 1.046
201703 0.860 102.862 1.082
201706 0.942 103.349 1.180
201709 0.986 104.136 1.225
201712 1.065 104.011 1.325
201803 1.097 105.290 1.348
201806 1.109 106.317 1.350
201809 1.137 106.507 1.382
201812 1.134 105.998 1.385
201903 1.133 107.251 1.367
201906 1.142 108.070 1.368
201909 1.145 108.329 1.368
201912 1.132 108.420 1.351
202003 1.135 108.902 1.349
202006 1.144 108.767 1.361
202009 1.165 109.815 1.373
202012 1.224 109.897 1.441
202103 1.340 111.754 1.552
202106 1.370 114.631 1.547
202109 1.483 115.734 1.658
202112 1.568 117.630 1.725
202203 1.639 121.301 1.749
202206 1.660 125.017 1.718
202209 1.650 125.227 1.705
202212 1.635 125.222 1.690
202303 1.667 127.348 1.694
202306 1.702 128.729 1.711
202309 1.703 129.860 1.697
202312 1.726 129.419 1.726

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.


Leon Fuat Bhd  (XKLS:5232) 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.


Leon Fuat Bhd Cyclically Adjusted PB Ratio Related Terms

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


Leon Fuat Bhd (XKLS:5232) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Wisma Leon Fuat, No. 11, Lorong Keluli 1B, Seksyen 7, Kawasan Perindustrian Bukit Raja Selatan, Shah Alam, SGR, MYS, 40000
Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing and/or manufacturing of Steel Products, and Others. It mainly involves the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, leveling, shearing, profiling, bending, and finishing as well as the production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminum, and copper. It operates in two geographical areas; Malaysia and the Republic of Singapore.

Leon Fuat Bhd (XKLS:5232) Headlines

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