CB Industrial Product Holding Bhd (XKLS:7076) Cyclically Adjusted PB Ratio : 0.73 (As of Jun. 20, 2024)

View and export this data going back to 1999. Start your Free Trial

What is CB Industrial Product Holding Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-20), CB Industrial Product Holding Bhd's current share price is RM1.26. CB Industrial Product Holding Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.73. CB Industrial Product Holding Bhd's Cyclically Adjusted PB Ratio for today is 0.73.

The historical rank and industry rank for CB Industrial Product Holding Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:7076' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.79 Max: 1.12
Current: 0.76

During the past years, CB Industrial Product Holding Bhd's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.55. And the median was 0.79.

XKLS:7076's Cyclically Adjusted PB Ratio is ranked better than
81.61% of 2186 companies
in the Industrial Products industry
Industry Median: 1.84 vs XKLS:7076: 0.76

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.

CB Industrial Product Holding Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.756. 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 RM1.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

CB Industrial Product Holding Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CB Industrial Product Holding 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.

CB Industrial Product Holding Bhd Cyclically Adjusted PB Ratio Chart

CB Industrial Product Holding Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

0.81

0.69

0.79

CB Industrial Product Holding 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															0.65	0.57	0.65	0.79	0.84

Competitive Comparison of CB Industrial Product Holding Bhd's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, CB Industrial Product Holding 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.

CB Industrial Product Holding Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CB Industrial Product Holding Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CB Industrial Product Holding Bhd's Cyclically Adjusted PB Ratio falls into.

CB Industrial Product Holding 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.

CB Industrial Product Holding Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	1.26	/	1.73
	=	0.73

CB Industrial Product Holding Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CB Industrial Product Holding 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)
	=	1.756	/	131.7762	*	131.7762
	=	1.756

Current CPI (Mar. 2024) = 131.7762.

CB Industrial Product Holding Bhd Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	1.055	100.560	1.383
201409	1.096	100.428	1.438
201412	1.127	99.070	1.499
201503	1.148	99.621	1.519
201506	1.178	100.684	1.542
201509	1.217	100.392	1.597
201512	1.275	99.792	1.684
201603	1.235	100.470	1.620
201606	1.244	101.688	1.612
201609	1.312	101.861	1.697
201612	1.383	101.863	1.789
201703	1.430	102.862	1.832
201706	1.434	103.349	1.828
201709	1.432	104.136	1.812
201712	1.386	104.011	1.756
201803	1.425	105.290	1.783
201806	1.430	106.317	1.772
201809	1.444	106.507	1.787
201812	1.408	105.998	1.750
201903	1.442	107.251	1.772
201906	1.449	108.070	1.767
201909	1.450	108.329	1.764
201912	1.438	108.420	1.748
202003	1.457	108.902	1.763
202006	1.469	108.767	1.780
202009	1.472	109.815	1.766
202012	1.527	109.897	1.831
202103	1.548	111.754	1.825
202106	1.580	114.631	1.816
202109	1.593	115.734	1.814
202112	1.677	117.630	1.879
202203	1.698	121.301	1.845
202206	1.733	125.017	1.827
202209	1.682	125.227	1.770
202212	1.639	125.222	1.725
202303	1.645	127.348	1.702
202306	1.659	128.729	1.698
202309	1.691	129.860	1.716
202312	1.764	129.419	1.796
202403	1.756	131.776	1.756

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.

CB Industrial Product Holding Bhd (XKLS:7076) 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.

CB Industrial Product Holding Bhd Cyclically Adjusted PB Ratio Related Terms

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

CB Industrial Product Holding Bhd (XKLS:7076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CB Industrial Product Holding Bhd (XKLS:7076) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jalan Astaka U8/83, Section 8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.cbip.com.my

CB Industrial Product Holding Bhd is an investment holding company. It operates in five segments: Plantation & milling, which is into cultivation of oil palm and production of crude palm oil and palm kernel; Equipment and engineering segment manufactures palm oil equipment and related products, commissioning and contracting works for palm oil mills and trading of palm oil mill processing equipment; Refinery segment is into trading and processing of crude palm oil and related products; Special purpose vehicles; and Investing. The company's geographical segments into Malaysia, Indonesia, Papua New Guinea, Central America, Africa, Liberia, Singapore, and Others. Majority of revenue is generated from the refinery segment.

CB Industrial Product Holding Bhd (XKLS:7076) Headlines

No Headlines