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MCE Holdings Bhd (XKLS:7004) Cyclically Adjusted PB Ratio : 1.27 (As of Jun. 03, 2025)


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What is MCE Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2025-06-03), MCE Holdings Bhd's current share price is RM1.46. MCE Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was RM1.15. MCE Holdings Bhd's Cyclically Adjusted PB Ratio for today is 1.27.

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

XKLS:7004' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.73   Max: 1.7
Current: 1.24

During the past years, MCE Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.17. And the median was 0.73.

XKLS:7004's Cyclically Adjusted PB Ratio is ranked better than
50.51% of 990 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs XKLS:7004: 1.24

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.

MCE Holdings Bhd's adjusted book value per share data for the three months ended in Jan. 2025 was RM1.184. 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 RM1.15 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCE Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MCE Holdings 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.

MCE Holdings Bhd Cyclically Adjusted PB Ratio Chart

MCE Holdings Bhd Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.62 0.43 0.80 1.50

MCE Holdings Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 1.49 1.33 1.50 1.39 1.34

Competitive Comparison of MCE Holdings Bhd's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, MCE Holdings 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.


MCE Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MCE Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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MCE Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.46/1.15
=1.27

* 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.

MCE Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, MCE Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=1.184/134.0288*134.0288
=1.184

Current CPI (Jan. 2025) = 134.0288.

MCE Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201504 1.067 99.824 1.433
201507 1.055 100.691 1.404
201510 1.057 100.346 1.412
201601 1.044 99.957 1.400
201604 1.032 100.947 1.370
201607 1.024 101.524 1.352
201610 1.034 101.988 1.359
201701 1.041 102.456 1.362
201704 1.038 103.167 1.349
201707 1.031 103.278 1.338
201710 1.040 104.070 1.339
201801 1.038 104.578 1.330
201804 1.021 105.708 1.295
201807 1.009 106.324 1.272
201810 0.998 106.695 1.254
201901 0.994 106.200 1.254
201904 0.976 107.818 1.213
201907 0.933 108.250 1.155
201910 0.901 108.577 1.112
202001 0.899 108.841 1.107
202004 0.860 108.173 1.066
202007 0.868 109.318 1.064
202010 0.828 109.861 1.010
202101 0.838 110.364 1.018
202104 0.842 112.673 1.002
202107 0.803 115.183 0.934
202110 0.791 116.696 0.908
202201 0.790 118.619 0.893
202204 0.815 121.978 0.896
202207 0.848 125.002 0.909
202210 0.879 125.734 0.937
202301 0.917 126.223 0.974
202304 0.942 127.992 0.986
202307 0.953 128.974 0.990
202310 0.978 129.810 1.010
202401 1.014 130.124 1.044
202404 1.019 132.289 1.032
202407 1.052 132.708 1.062
202410 1.077 133.182 1.084
202501 1.184 134.029 1.184

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.


MCE Holdings Bhd  (XKLS:7004) 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.


MCE Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


MCE Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2 and 4, Jalan Waja 7, Kawasan Perindustrian Pandan, Johor Bahru, JHR, MYS, 81100
MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contribute the majority part of revenue, and the Healthcare services segment comprises various healthcare services. The majority of the company's revenue comes from the Malaysian market.

MCE Holdings Bhd Headlines

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