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Toyo Ventures Holdings Bhd (XKLS:7173) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 13, 2024)


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What is Toyo Ventures Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Toyo Ventures Holdings Bhd's current share price is RM1.31. Toyo Ventures Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.40. Toyo Ventures Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.94.

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

XKLS:7173' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.87   Max: 1.09
Current: 1.09

During the past years, Toyo Ventures Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.39. And the median was 0.87.

XKLS:7173's Cyclically Adjusted PB Ratio is ranked better than
68.13% of 1211 companies
in the Chemicals industry
Industry Median: 1.65 vs XKLS:7173: 1.09

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.

Toyo Ventures Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.069. 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 RM1.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyo Ventures Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toyo Ventures 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.

Toyo Ventures Holdings Bhd Cyclically Adjusted PB Ratio Chart

Toyo Ventures Holdings Bhd Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.43 0.99

Toyo Ventures Holdings Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 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 0.99 0.86 0.99 0.94 0.66

Competitive Comparison of Toyo Ventures Holdings Bhd's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Toyo Ventures 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.


Toyo Ventures Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Toyo Ventures Holdings Bhd's Cyclically Adjusted PB Ratio falls into.



Toyo Ventures 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.

Toyo Ventures Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.31/1.4
=0.94

* 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.

Toyo Ventures Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Toyo Ventures 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)
=1.069/131.7762*131.7762
=1.069

Current CPI (Mar. 2024) = 131.7762.

Toyo Ventures Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 1.096 98.518 1.466
201309 1.100 98.790 1.467
201312 1.103 98.326 1.478
201403 1.139 99.695 1.506
201406 1.142 100.560 1.497
201409 1.239 100.428 1.626
201412 1.247 99.070 1.659
201503 1.239 99.621 1.639
201506 1.239 100.684 1.622
201509 1.142 100.392 1.499
201512 1.148 99.792 1.516
201603 1.158 100.470 1.519
201606 1.167 101.688 1.512
201609 1.169 101.861 1.512
201612 1.179 101.863 1.525
201703 1.092 102.862 1.399
201706 1.091 103.349 1.391
201709 1.094 104.136 1.384
201712 1.104 104.011 1.399
201803 1.100 105.290 1.377
201806 1.127 106.317 1.397
201809 1.127 106.507 1.394
201812 1.126 105.998 1.400
201903 1.133 107.251 1.392
201906 1.153 108.070 1.406
201909 1.135 108.329 1.381
201912 1.169 108.420 1.421
202009 1.156 109.815 1.387
202012 1.165 109.897 1.397
202103 1.101 111.754 1.298
202112 1.144 117.630 1.282
202203 1.149 121.301 1.248
202206 1.173 125.017 1.236
202209 1.198 125.227 1.261
202212 1.177 125.222 1.239
202303 1.176 127.348 1.217
202306 1.215 128.729 1.244
202309 1.196 129.860 1.214
202312 1.153 129.419 1.174
202403 1.069 131.776 1.069

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.


Toyo Ventures Holdings Bhd  (XKLS:7173) 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.


Toyo Ventures Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


Toyo Ventures Holdings Bhd (XKLS:7173) Business Description

Traded in Other Exchanges
N/A
Address
PT 3477, Jalan 6/1, Kawasan Perusahaan Seri Kembangan, Seri Kembangan, SGR, MYS, 43300
Toyo Ventures Holdings Bhd formerly Toyo Ink Group Bhd is a Malaysia-based investment holding company engaged in the manufacturing business and operation of power plant business. The company operates in three reporting segments: Manufacturing, Trading and investment holding, and Energy. The manufacturing segment includes Manufacturing printing ink, color pigment, colorants for plastic, EDM cut-the-wire, and graphic art. The Trading and investment holding segment includes Investment holding of the investments in subsidiary companies and property investment. The energy segment includes Investment and development of the thermal-electric power plant project in Vietnam. The majority of revenue is derived from the manufacturing segment.

Toyo Ventures Holdings Bhd (XKLS:7173) Headlines

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