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SKP Resources Bhd (XKLS:7155) Cyclically Adjusted PB Ratio : 2.75 (As of Jun. 10, 2024)


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What is SKP Resources Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-10), SKP Resources Bhd's current share price is RM1.21. SKP Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.44. SKP Resources Bhd's Cyclically Adjusted PB Ratio for today is 2.75.

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

XKLS:7155' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 4.21   Max: 6.43
Current: 2.78

During the past years, SKP Resources Bhd's highest Cyclically Adjusted PB Ratio was 6.43. The lowest was 1.52. And the median was 4.21.

XKLS:7155's Cyclically Adjusted PB Ratio is ranked worse than
69.38% of 1202 companies
in the Chemicals industry
Industry Median: 1.66 vs XKLS:7155: 2.78

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.

SKP Resources Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.557. 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 RM0.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SKP Resources Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SKP Resources 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.

SKP Resources Bhd Cyclically Adjusted PB Ratio Chart

SKP Resources 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 - - 5.91 3.99 3.09

SKP Resources 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 4.14 3.09 2.62 2.32 1.82

Competitive Comparison of SKP Resources Bhd's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, SKP Resources 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.


SKP Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SKP Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SKP Resources 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.

SKP Resources Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.21/0.44
=2.75

* 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.

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

For example, SKP Resources 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)
=0.557/129.4194*129.4194
=0.557

Current CPI (Dec. 2023) = 129.4194.

SKP Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.196 99.695 0.254
201406 0.204 100.560 0.263
201409 0.214 100.428 0.276
201412 0.209 99.070 0.273
201503 0.135 99.621 0.175
201506 0.241 100.684 0.310
201509 0.199 100.392 0.257
201512 0.224 99.792 0.291
201603 0.242 100.470 0.312
201606 0.275 101.688 0.350
201609 0.250 101.861 0.318
201612 0.273 101.863 0.347
201703 0.301 102.862 0.379
201706 0.329 103.349 0.412
201709 0.351 104.136 0.436
201712 0.337 104.011 0.419
201803 0.355 105.290 0.436
201806 0.372 106.317 0.453
201809 0.390 106.507 0.474
201812 0.364 105.998 0.444
201903 0.376 107.251 0.454
201906 0.388 108.070 0.465
201909 0.404 108.329 0.483
201912 0.388 108.420 0.463
202003 0.391 108.902 0.465
202006 0.398 108.767 0.474
202009 0.426 109.815 0.502
202012 0.430 109.897 0.506
202103 0.453 111.754 0.525
202106 0.474 114.631 0.535
202109 0.500 115.734 0.559
202112 0.486 117.630 0.535
202203 0.521 121.301 0.556
202206 0.545 125.017 0.564
202209 0.575 125.227 0.594
202212 0.545 125.222 0.563
202303 0.556 127.348 0.565
202306 0.570 128.729 0.573
202309 0.587 129.860 0.585
202312 0.557 129.419 0.557

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.


SKP Resources Bhd  (XKLS:7155) 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.


SKP Resources Bhd Cyclically Adjusted PB Ratio Related Terms

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


SKP Resources Bhd (XKLS:7155) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kluang, No.421, 4th Miles, Batu Pahat, JHR, MYS, 83000
SKP Resources Bhd is an investment holding and provision of a management service company. It is engaged in the manufacturing of plastic products. The company's operating segment includes Sales of goods and Others. It generates majority revenue from the Sales of goods segment. Geographically, it operates only in Malaysia. Its services include Design and Engineering; Tool and Die Fabrication; Injection Moulding and Cosmetic Finishing; Contract Manufacturing and Component Assembly; Manufacturing Services and Logistics and Fulfillment.

SKP Resources Bhd (XKLS:7155) Headlines

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