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P.A. Resources Bhd (XKLS:7225) Cyclically Adjusted PB Ratio : 2.39 (As of May. 26, 2024)


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What is P.A. Resources Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-26), P.A. Resources Bhd's current share price is RM0.43. P.A. Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.18. P.A. Resources Bhd's Cyclically Adjusted PB Ratio for today is 2.39.

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

XKLS:7225' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.45   Max: 2.39
Current: 2.35

During the past years, P.A. Resources Bhd's highest Cyclically Adjusted PB Ratio was 2.39. The lowest was 1.24. And the median was 1.45.

XKLS:7225's Cyclically Adjusted PB Ratio is ranked worse than
60.6% of 2089 companies
in the Industrial Products industry
Industry Median: 1.86 vs XKLS:7225: 2.35

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.

P.A. Resources Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.201. 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 RM0.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


P.A. Resources Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for P.A. 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.

P.A. Resources Bhd Cyclically Adjusted PB Ratio Chart

P.A. Resources Bhd Annual Data
Trend Mar13 Mar14 Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.29 1.39

P.A. Resources 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 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 1.45 1.39 1.31 1.49 1.94

Competitive Comparison of P.A. Resources Bhd's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, P.A. 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.


P.A. Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, P.A. Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



P.A. 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.

P.A. Resources Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.43/0.18
=2.39

* 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.

P.A. Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, P.A. Resources 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)
=0.201/131.7762*131.7762
=0.201

Current CPI (Mar. 2024) = 131.7762.

P.A. Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.194 98.326 0.260
201403 0.190 99.695 0.251
201406 0.192 100.560 0.252
201409 0.192 100.428 0.252
201412 0.190 99.070 0.253
201503 0.164 99.621 0.217
201506 0.165 100.684 0.216
201509 0.175 100.392 0.230
201512 0.165 99.792 0.218
201609 0.158 101.861 0.204
201612 0.159 101.863 0.206
201703 0.155 102.862 0.199
201706 0.138 103.349 0.176
201709 0.133 104.136 0.168
201712 0.121 104.011 0.153
201803 0.118 105.290 0.148
201806 0.110 106.317 0.136
201809 0.102 106.507 0.126
201812 0.111 105.998 0.138
201903 0.112 107.251 0.138
201906 0.113 108.070 0.138
201909 0.107 108.329 0.130
201912 0.112 108.420 0.136
202003 0.115 108.902 0.139
202006 0.117 108.767 0.142
202009 0.120 109.815 0.144
202012 0.126 109.897 0.151
202103 0.127 111.754 0.150
202106 0.144 114.631 0.166
202109 0.153 115.734 0.174
202112 0.164 117.630 0.184
202203 0.174 121.301 0.189
202206 0.172 125.017 0.181
202209 0.180 125.227 0.189
202212 0.184 125.222 0.194
202303 0.185 127.348 0.191
202306 0.188 128.729 0.192
202309 0.189 129.860 0.192
202312 0.192 129.419 0.195
202403 0.201 131.776 0.201

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.


P.A. Resources Bhd  (XKLS:7225) 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.


P.A. Resources Bhd Cyclically Adjusted PB Ratio Related Terms

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


P.A. Resources Bhd (XKLS:7225) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kuala Selangor, Lot 424 and 440, Kampung Batu 8, Ijok, Kuala Selangor, SGR, MYS, 45620
P.A. Resources Bhd is an aluminium extruder company that produces semi-finished aluminium products which are into aluminium smelting, producing aluminium billets. The company's operating segment includes aluminium extrusion and fabrication; aluminium billet casting and tolling; Money lending and others. It generates maximum revenue from the aluminium extrusion and fabrication segment. The company's product is used in the electrical and electronics, furniture, and consumer durables industries. Geographically, it derives a majority of its revenue from the United States of America.

P.A. Resources Bhd (XKLS:7225) Headlines

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