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Malakoff Bhd (XKLS:5264) Cyclically Adjusted PB Ratio : 0.51 (As of May. 21, 2024)


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What is Malakoff Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Malakoff Bhd's current share price is RM0.745. Malakoff Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.45. Malakoff Bhd's Cyclically Adjusted PB Ratio for today is 0.51.

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

XKLS:5264' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.45   Max: 0.52
Current: 0.46

During the past years, Malakoff Bhd's highest Cyclically Adjusted PB Ratio was 0.52. The lowest was 0.40. And the median was 0.45.

XKLS:5264's Cyclically Adjusted PB Ratio is ranked better than
87.28% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.435 vs XKLS:5264: 0.46

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.

Malakoff Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.082. 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 RM1.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malakoff Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Malakoff 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.

Malakoff Bhd Cyclically Adjusted PB Ratio Chart

Malakoff 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 - - - 0.46 0.44

Malakoff 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 0.46 0.48 0.40 0.41 0.44

Competitive Comparison of Malakoff Bhd's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Malakoff 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.


Malakoff Bhd's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Malakoff Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malakoff 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.745/1.45
=0.51

* 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.

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

For example, Malakoff 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)
=1.082/129.4194*129.4194
=1.082

Current CPI (Dec. 2023) = 129.4194.

Malakoff Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.785 99.070 1.025
201503 0.787 99.621 1.022
201506 1.149 100.684 1.477
201509 1.158 100.392 1.493
201512 1.153 99.792 1.495
201603 1.164 100.470 1.499
201606 1.159 101.688 1.475
201609 1.141 101.861 1.450
201612 1.180 101.863 1.499
201703 1.364 102.862 1.716
201706 1.343 103.349 1.682
201709 1.363 104.136 1.694
201712 1.331 104.011 1.656
201803 1.373 105.290 1.688
201806 1.325 106.317 1.613
201809 1.331 106.507 1.617
201812 1.318 105.998 1.609
201903 1.314 107.251 1.586
201906 1.280 108.070 1.533
201909 1.290 108.329 1.541
201912 1.291 108.420 1.541
202003 1.265 108.902 1.503
202006 1.265 108.767 1.505
202009 1.265 109.815 1.491
202012 1.250 109.897 1.472
202103 1.270 111.754 1.471
202106 1.273 114.631 1.437
202109 1.288 115.734 1.440
202112 1.268 117.630 1.395
202203 1.286 121.301 1.372
202206 1.297 125.017 1.343
202209 1.320 125.227 1.364
202212 1.302 125.222 1.346
202303 1.277 127.348 1.298
202306 1.192 128.729 1.198
202309 1.185 129.860 1.181
202312 1.082 129.419 1.082

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.


Malakoff Bhd  (XKLS:5264) 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.


Malakoff Bhd Cyclically Adjusted PB Ratio Related Terms

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


Malakoff Bhd (XKLS:5264) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Level 12, Block 4, Plaza Sentral, Kuala Lumpur, SGR, MYS, 50470
Malakoff Corp Bhd is an investment holding company. Along with the subsidiaries, the company acts as an independent power and water producer in Asia. Its core business activities include the provision of power generation, water desalination and operation and maintenance services. In addition, the group also provides project management services for in-house and external projects. It derives a majority of the revenue from electricity generation and distribution activities. The group operates in Malaysia, Australia, Indonesia and the Middle East, of which key revenue is derived from Malaysia.

Malakoff Bhd (XKLS:5264) Headlines

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