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Petronas Dagangan Bhd (XKLS:5681) Cyclically Adjusted PB Ratio : 3.19 (As of May. 18, 2024)


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What is Petronas Dagangan Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Petronas Dagangan Bhd's current share price is RM20.90. Petronas Dagangan Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM6.55. Petronas Dagangan Bhd's Cyclically Adjusted PB Ratio for today is 3.19.

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

XKLS:5681' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.06   Med: 3.41   Max: 4.25
Current: 3.28

During the past years, Petronas Dagangan Bhd's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 3.06. And the median was 3.41.

XKLS:5681's Cyclically Adjusted PB Ratio is ranked worse than
88.49% of 817 companies
in the Oil & Gas industry
Industry Median: 0.99 vs XKLS:5681: 3.28

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.

Petronas Dagangan Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM5.806. 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 RM6.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petronas Dagangan Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Petronas Dagangan 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.

Petronas Dagangan Bhd Cyclically Adjusted PB Ratio Chart

Petronas Dagangan 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 - 3.78 3.40 3.60 3.34

Petronas Dagangan 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 3.60 3.29 3.40 3.40 3.34

Competitive Comparison of Petronas Dagangan Bhd's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Petronas Dagangan 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.


Petronas Dagangan Bhd's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petronas Dagangan Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Petronas Dagangan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.90/6.55
=3.19

* 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.

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

For example, Petronas Dagangan 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)
=5.806/129.4194*129.4194
=5.806

Current CPI (Dec. 2023) = 129.4194.

Petronas Dagangan Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.801 99.695 6.232
201406 4.869 100.560 6.266
201409 4.888 100.428 6.299
201412 4.783 99.070 6.248
201503 4.776 99.621 6.205
201506 4.932 100.684 6.340
201509 5.027 100.392 6.481
201512 4.985 99.792 6.465
201603 4.987 100.470 6.424
201606 5.086 101.688 6.473
201609 5.200 101.861 6.607
201612 5.338 101.863 6.782
201703 5.291 102.862 6.657
201706 5.378 103.349 6.735
201709 5.965 104.136 7.413
201712 6.041 104.011 7.517
201803 5.762 105.290 7.083
201806 5.933 106.317 7.222
201809 6.049 106.507 7.350
201812 5.936 105.998 7.248
201903 5.913 107.251 7.135
201906 5.949 108.070 7.124
201909 6.051 108.329 7.229
201912 6.015 108.420 7.180
202003 5.588 108.902 6.641
202006 5.542 108.767 6.594
202009 5.703 109.815 6.721
202012 5.681 109.897 6.690
202103 5.705 111.754 6.607
202106 5.648 114.631 6.377
202109 5.667 115.734 6.337
202112 5.619 117.630 6.182
202203 5.478 121.301 5.845
202206 5.667 125.017 5.867
202209 5.835 125.227 6.030
202212 5.781 125.222 5.975
202303 5.685 127.348 5.777
202306 5.812 128.729 5.843
202309 5.824 129.860 5.804
202312 5.806 129.419 5.806

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.


Petronas Dagangan Bhd  (XKLS:5681) 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.


Petronas Dagangan Bhd Cyclically Adjusted PB Ratio Related Terms

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


Petronas Dagangan Bhd (XKLS:5681) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tower 1, Petronas Twin Towers, Level 30-33, Kuala Lumpur City Centre, Kuala Lumpur, MYS, 50088
Petronas Dagangan Bhd offers a variety of petroleum products and services to retail and industrial customers. As the leading revenue generator, retail operations are the leading focus of the company. In Malaysia, the retail business includes hundreds of retail stations that also serve as convenience stores. As a compliment to its network of retail stations, Petronas offers a loyalty program that allows members to accumulate points and redeem either fuel or selected items. The company's other businesses include a commercial unit, liquefied petroleum gas unit, and a lubricants business. Through the commercial business, Petronas markets petroleum products in bulk to manufacturing, aviation, power, energy, agriculture, fisheries, and transportation segments.

Petronas Dagangan Bhd (XKLS:5681) Headlines

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