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Kia Lim Bhd (XKLS:6211) Cyclically Adjusted PB Ratio : 0.58 (As of Jun. 25, 2024)


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What is Kia Lim Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Kia Lim Bhd's current share price is RM0.71. Kia Lim Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.22. Kia Lim Bhd's Cyclically Adjusted PB Ratio for today is 0.58.

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

XKLS:6211' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.29   Max: 0.73
Current: 0.59

During the past years, Kia Lim Bhd's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.23. And the median was 0.29.

XKLS:6211's Cyclically Adjusted PB Ratio is ranked better than
74.69% of 320 companies
in the Building Materials industry
Industry Median: 1.085 vs XKLS:6211: 0.59

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.

Kia Lim Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.847. 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 RM1.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kia Lim Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kia Lim 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.

Kia Lim Bhd Cyclically Adjusted PB Ratio Chart

Kia Lim 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 - - 0.39 0.26 0.38

Kia Lim 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 0.25 0.24 0.25 0.38 0.64

Competitive Comparison of Kia Lim Bhd's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Kia Lim 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.


Kia Lim Bhd's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kia Lim Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kia Lim 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.71/1.22
=0.58

* 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.

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

For example, Kia Lim 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)
=0.847/131.7762*131.7762
=0.847

Current CPI (Mar. 2024) = 131.7762.

Kia Lim Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.208 100.560 1.583
201409 1.199 100.428 1.573
201412 1.298 99.070 1.727
201503 1.317 99.621 1.742
201506 1.335 100.684 1.747
201509 1.349 100.392 1.771
201512 1.341 99.792 1.771
201603 1.343 100.470 1.761
201606 1.318 101.688 1.708
201609 1.292 101.861 1.671
201612 1.196 101.863 1.547
201703 1.157 102.862 1.482
201706 1.129 103.349 1.440
201709 1.137 104.136 1.439
201712 1.057 104.011 1.339
201803 1.035 105.290 1.295
201806 1.022 106.317 1.267
201809 0.994 106.507 1.230
201812 0.958 105.998 1.191
201903 0.946 107.251 1.162
201906 0.933 108.070 1.138
201909 0.922 108.329 1.122
201912 0.918 108.420 1.116
202003 0.894 108.902 1.082
202006 0.859 108.767 1.041
202009 0.843 109.815 1.012
202012 0.834 109.897 1.000
202103 0.823 111.754 0.970
202106 0.791 114.631 0.909
202109 0.750 115.734 0.854
202112 0.756 117.630 0.847
202203 0.754 121.301 0.819
202206 0.746 125.017 0.786
202209 0.742 125.227 0.781
202212 0.744 125.222 0.783
202303 0.750 127.348 0.776
202306 0.730 128.729 0.747
202309 0.769 129.860 0.780
202312 0.822 129.419 0.837
202403 0.847 131.776 0.847

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.


Kia Lim Bhd  (XKLS:6211) 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.


Kia Lim Bhd Cyclically Adjusted PB Ratio Related Terms

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


Kia Lim Bhd (XKLS:6211) Business Description

Traded in Other Exchanges
N/A
Address
79, Jalan Muar, 1st Floor, Wisma Ng Hoo Tee, Batu Pahat, Parit Sulong, JHR, MYS, 83500
Kia Lim Bhd is an investment holding company. The company is engaged in the business of manufacturing clay bricks. Along with its subsidiaries, it manufactures clay common bricks, facing bricks, block bricks, M211 bricks, brick tiles, chamfered paving bricks, and many more. The group operates in Malaysia.

Kia Lim Bhd (XKLS:6211) Headlines

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