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B. I. G. Industries Bhd (XKLS:7005) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 06, 2024)


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What is B. I. G. Industries Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-06), B. I. G. Industries Bhd's current share price is RM0.705. B. I. G. Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.83. B. I. G. Industries Bhd's Cyclically Adjusted PB Ratio for today is 0.85.

The historical rank and industry rank for B. I. G. Industries Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:7005' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.81   Max: 1.15
Current: 0.84

During the past years, B. I. G. Industries Bhd's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.68. And the median was 0.81.

XKLS:7005's Cyclically Adjusted PB Ratio is ranked better than
77.54% of 1189 companies
in the Chemicals industry
Industry Median: 1.69 vs XKLS:7005: 0.84

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.

B. I. G. Industries Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.711. 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 RM0.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B. I. G. Industries Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for B. I. G. Industries 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.

B. I. G. Industries Bhd Cyclically Adjusted PB Ratio Chart

B. I. G. Industries Bhd Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.77 0.76

B. I. G. Industries 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 0.75 0.76 0.80 0.88 0.81

Competitive Comparison of B. I. G. Industries Bhd's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, B. I. G. Industries 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.


B. I. G. Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, B. I. G. Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B. I. G. Industries Bhd's Cyclically Adjusted PB Ratio falls into.



B. I. G. Industries 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.

B. I. G. Industries Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.705/0.83
=0.85

* 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.

B. I. G. Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, B. I. G. Industries 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)
=0.711/131.7762*131.7762
=0.711

Current CPI (Mar. 2024) = 131.7762.

B. I. G. Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.001 99.695 1.323
201406 1.013 100.560 1.327
201409 0.987 100.428 1.295
201412 0.858 99.070 1.141
201503 0.848 99.621 1.122
201506 0.888 100.684 1.162
201509 0.906 100.392 1.189
201603 0.903 100.470 1.184
201606 0.880 101.688 1.140
201609 0.851 101.861 1.101
201612 0.807 101.863 1.044
201703 0.766 102.862 0.981
201706 0.633 103.349 0.807
201709 0.703 104.136 0.890
201712 0.677 104.011 0.858
201803 0.662 105.290 0.829
201806 0.539 106.317 0.668
201809 0.653 106.507 0.808
201812 0.691 105.998 0.859
201903 0.703 107.251 0.864
201906 0.559 108.070 0.682
201909 0.569 108.329 0.692
201912 0.514 108.420 0.625
202003 0.532 108.902 0.644
202006 0.500 108.767 0.606
202009 0.506 109.815 0.607
202012 0.518 109.897 0.621
202103 0.518 111.754 0.611
202106 0.496 114.631 0.570
202109 0.426 115.734 0.485
202112 0.583 117.630 0.653
202203 0.591 121.301 0.642
202206 0.597 125.017 0.629
202209 0.609 125.227 0.641
202212 0.610 125.222 0.642
202303 0.618 127.348 0.639
202306 0.639 128.729 0.654
202309 0.647 129.860 0.657
202312 0.650 129.419 0.662
202403 0.711 131.776 0.711

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.


B. I. G. Industries Bhd  (XKLS:7005) 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.


B. I. G. Industries Bhd Cyclically Adjusted PB Ratio Related Terms

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


B. I. G. Industries Bhd (XKLS:7005) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tinju 13/50, 19D, 4th Floor, Block 2, Section 13, Worldwide Business Centre, Shah Alam, SGR, MYS, 40675
B. I. G. Industries Bhd is engaged in manufacturing, distributing, and marketing industrial gases; property development and manufacturing and sale of ready-mix concrete products, manufacturing and trading of reinforced concrete piles and distribution of cement. It operates through the following segments: Industrial gas, Concrete, Property development and construction, and Corporate/Others.

B. I. G. Industries Bhd (XKLS:7005) Headlines

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