GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kerjaya Prospek Property Bhd (XKLS:7077) » Definitions » Cyclically Adjusted PB Ratio

Kerjaya Prospek Property Bhd (XKLS:7077) Cyclically Adjusted PB Ratio : 1.01 (As of Jun. 05, 2024)


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

What is Kerjaya Prospek Property Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Kerjaya Prospek Property Bhd's current share price is RM0.86. Kerjaya Prospek Property Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.85. Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio for today is 1.01.

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

XKLS:7077' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.86   Max: 1.22
Current: 1

During the past years, Kerjaya Prospek Property Bhd's highest Cyclically Adjusted PB Ratio was 1.22. The lowest was 0.69. And the median was 0.86.

XKLS:7077's Cyclically Adjusted PB Ratio is ranked worse than
63.3% of 1376 companies
in the Real Estate industry
Industry Median: 0.71 vs XKLS:7077: 1.00

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.

Kerjaya Prospek Property Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.962. 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 RM0.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kerjaya Prospek Property Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kerjaya Prospek Property 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.

Kerjaya Prospek Property Bhd Cyclically Adjusted PB Ratio Chart

Kerjaya Prospek Property Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.85 0.76

Kerjaya Prospek Property Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.78 0.76 0.73 0.97 0.88

Competitive Comparison of Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Kerjaya Prospek Property 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.


Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio falls into.



Kerjaya Prospek Property 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.

Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.86/0.85
=1.01

* 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.

Kerjaya Prospek Property Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kerjaya Prospek Property Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.962/129.4194*129.4194
=0.962

Current CPI (Dec. 2023) = 129.4194.

Kerjaya Prospek Property Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.597 99.695 0.775
201406 0.637 100.560 0.820
201409 0.569 100.428 0.733
201412 0.569 99.070 0.743
201503 0.573 99.621 0.744
201506 0.571 100.684 0.734
201509 0.586 100.392 0.755
201512 0.567 99.792 0.735
201603 0.548 100.470 0.706
201606 0.547 101.688 0.696
201609 0.551 101.861 0.700
201612 0.543 101.863 0.690
201703 0.540 102.862 0.679
201706 0.525 103.349 0.657
201709 0.476 104.136 0.592
201712 0.493 104.011 0.613
201803 0.525 105.290 0.645
201806 0.501 106.317 0.610
201809 0.486 106.507 0.591
201812 0.465 105.998 0.568
201903 2.282 107.251 2.754
201906 0.508 108.070 0.608
201909 0.516 108.329 0.616
201912 0.525 108.420 0.627
202003 1.587 108.902 1.886
202006 0.431 108.767 0.513
202009 0.486 109.815 0.573
202012 0.341 109.897 0.402
202103 0.768 111.754 0.889
202106 0.765 114.631 0.864
202109 0.804 115.734 0.899
202112 0.858 117.630 0.944
202203 0.912 121.301 0.973
202206 0.967 125.017 1.001
202209 1.018 125.227 1.052
202212 1.080 125.222 1.116
202303 1.139 127.348 1.158
202306 1.211 128.729 1.217
202309 1.263 129.860 1.259
202312 0.962 129.419 0.962

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.


Kerjaya Prospek Property Bhd  (XKLS:7077) 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.


Kerjaya Prospek Property Bhd Cyclically Adjusted PB Ratio Related Terms

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


Kerjaya Prospek Property Bhd (XKLS:7077) Business Description

Traded in Other Exchanges
N/A
Address
No 1,Jalan Wangsa Permai, 1st Floor, Bangunan One Wangsa, Taman Wangsa Permai, Kuala Lumpur, SGR, MYS, 52200
Kerjaya Prospek Property Bhd is a property development company. Its business segments are Property Development and Hospitality. Property development segment Includes property development of residential and commercial properties. The hospitality segment Includes hotel, food and beverage, and recreation operation. The Property development segment derives the majority of the revenue.

Kerjaya Prospek Property Bhd (XKLS:7077) Headlines

No Headlines