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M & A Equity Holdings Bhd (XKLS:7082) Cyclically Adjusted PB Ratio : 0.75 (As of Jun. 14, 2024)


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What is M & A Equity Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-14), M & A Equity Holdings Bhd's current share price is RM0.36. M & A Equity Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.48. M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.75.

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

XKLS:7082' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.69   Max: 1.01
Current: 0.75

During the past years, M & A Equity Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.45. And the median was 0.69.

XKLS:7082's Cyclically Adjusted PB Ratio is ranked better than
71.25% of 313 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.42 vs XKLS:7082: 0.75

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.

M & A Equity Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.205. 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 RM0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


M & A Equity Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for M & A Equity 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.

M & A Equity Holdings Bhd Cyclically Adjusted PB Ratio Chart

M & A Equity Holdings Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.91 0.52 -

M & A Equity Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 0.80 0.64 0.67 0.72 0.73

Competitive Comparison of M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, M & A Equity 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.


M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio falls into.



M & A Equity 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.

M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.36/0.48
=0.75

* 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.

M & A Equity Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, M & A Equity Holdings 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)
=0.205/131.7762*131.7762
=0.205

Current CPI (Mar. 2024) = 131.7762.

M & A Equity Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.327 100.023 0.431
201407 0.340 100.520 0.446
201410 0.400 100.176 0.526
201501 0.368 98.604 0.492
201504 0.379 99.824 0.500
201507 0.395 100.691 0.517
201510 0.413 100.346 0.542
201601 0.430 99.957 0.567
201604 0.445 100.947 0.581
201607 0.458 101.524 0.594
201610 0.478 101.988 0.618
201701 0.480 102.456 0.617
201704 0.495 103.167 0.632
201707 0.519 103.278 0.662
201710 0.528 104.070 0.669
201801 0.522 104.578 0.658
201804 0.497 105.708 0.620
201807 0.484 106.324 0.600
201810 0.478 106.695 0.590
201901 0.458 106.200 0.568
201904 0.449 107.818 0.549
201907 0.404 108.250 0.492
201910 0.399 108.577 0.484
202001 0.393 108.841 0.476
202004 0.392 108.173 0.478
202007 0.382 109.318 0.460
202010 0.384 109.861 0.461
202101 0.386 110.364 0.461
202104 0.377 112.673 0.441
202107 0.372 115.183 0.426
202110 0.333 116.696 0.376
202201 0.332 118.619 0.369
202204 0.329 121.978 0.355
202207 0.326 125.002 0.344
202210 0.324 125.734 0.340
202301 0.321 126.223 0.335
202304 0.253 127.992 0.260
202309 0.200 129.860 0.203
202312 0.203 129.419 0.207
202403 0.205 131.776 0.205

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.


M & A Equity Holdings Bhd  (XKLS:7082) 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.


M & A Equity Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


M & A Equity Holdings Bhd (XKLS:7082) Business Description

Traded in Other Exchanges
N/A
Address
No. 47-11, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 43500
M & A Equity Holdings Bhd is an investment holding company. The company's segments include Financial Service, Property Investment and development and Investment Holding. The Financial services segment represents the company's business, offering a range of financial services to its clients, comprising stock brokerage services, corporate finance advisory services as well as margin financing services to complement its stockbroking business. The property investment and development segment includes the developer of high-rise residential project. The investment holding segment functions as a supporting division to the Group. Its Investment Holding segment activities include corporate and management services to the Group. The company earns majority of its revenue from Financial Services.

M & A Equity Holdings Bhd (XKLS:7082) Headlines

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