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V.S Industry Bhd (XKLS:6963) Cyclically Adjusted PB Ratio : 2.16 (As of Jun. 04, 2024)


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What is V.S Industry Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-04), V.S Industry Bhd's current share price is RM1.06. V.S Industry Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was RM0.49. V.S Industry Bhd's Cyclically Adjusted PB Ratio for today is 2.16.

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

XKLS:6963' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.13   Max: 4.72
Current: 2.17

During the past years, V.S Industry Bhd's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 1.48. And the median was 2.13.

XKLS:6963's Cyclically Adjusted PB Ratio is ranked worse than
60.02% of 1886 companies
in the Hardware industry
Industry Median: 1.68 vs XKLS:6963: 2.17

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.

V.S Industry Bhd's adjusted book value per share data for the three months ended in Jan. 2024 was RM0.577. 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 RM0.49 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


V.S Industry Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for V.S Industry 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.

V.S Industry Bhd Cyclically Adjusted PB Ratio Chart

V.S Industry Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.86 2.39 1.90

V.S Industry Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.18 1.77 1.90 1.85 1.47

Competitive Comparison of V.S Industry Bhd's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, V.S Industry 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.


V.S Industry Bhd's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, V.S Industry Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



V.S Industry 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.

V.S Industry Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.06/0.49
=2.16

* 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.

V.S Industry Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, V.S Industry Bhd's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.577/130.1244*130.1244
=0.577

Current CPI (Jan. 2024) = 130.1244.

V.S Industry Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.210 100.023 0.273
201407 0.227 100.520 0.294
201410 0.252 100.176 0.327
201501 0.215 98.604 0.284
201504 0.221 99.824 0.288
201507 0.271 100.691 0.350
201510 0.297 100.346 0.385
201601 0.292 99.957 0.380
201604 0.291 100.947 0.375
201607 0.299 101.524 0.383
201610 0.312 101.988 0.398
201701 0.336 102.456 0.427
201704 0.343 103.167 0.433
201707 0.358 103.278 0.451
201710 0.370 104.070 0.463
201801 0.378 104.578 0.470
201804 0.378 105.708 0.465
201807 0.425 106.324 0.520
201810 0.421 106.695 0.513
201901 0.433 106.200 0.531
201904 0.426 107.818 0.514
201907 0.441 108.250 0.530
201910 0.452 108.577 0.542
202001 0.453 108.841 0.542
202004 0.439 108.173 0.528
202007 0.461 109.318 0.549
202010 0.482 109.861 0.571
202101 0.534 110.364 0.630
202104 0.540 112.673 0.624
202107 0.536 115.183 0.606
202110 0.546 116.696 0.609
202201 0.550 118.619 0.603
202204 0.554 121.978 0.591
202207 0.541 125.002 0.563
202210 0.600 125.734 0.621
202301 0.588 126.223 0.606
202304 0.590 127.992 0.600
202307 0.559 128.974 0.564
202310 0.577 129.810 0.578
202401 0.577 130.124 0.577

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.


V.S Industry Bhd  (XKLS:6963) 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.


V.S Industry Bhd Cyclically Adjusted PB Ratio Related Terms

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


V.S Industry Bhd (XKLS:6963) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
V.S Industry Bhd is engaged in the manufacturing, assembling, and sale of electronic and electrical products and plastic moulded components and parts. It is an integrated Electronics Manufacturing Services (EMS) provider in the region. The manufacturing services include plastic injection mould design and fabrication, a wide range of injection tonnage and finishing processes, large-scale production of printed circuit boards, automated assembly, and final processes of packaging and logistics. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Indonesia, Singapore, the People's Republic of China, and others.

V.S Industry Bhd (XKLS:6963) Headlines

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