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Watta Holding Bhd (XKLS:7226) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 21, 2024)


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What is Watta Holding Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Watta Holding Bhd's current share price is RM0.57. Watta Holding Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.79. Watta Holding Bhd's Cyclically Adjusted PB Ratio for today is 0.72.

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

XKLS:7226' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.7   Max: 0.89
Current: 0.72

During the past years, Watta Holding Bhd's highest Cyclically Adjusted PB Ratio was 0.89. The lowest was 0.58. And the median was 0.70.

XKLS:7226's Cyclically Adjusted PB Ratio is ranked better than
79.44% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs XKLS:7226: 0.72

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.

Watta Holding Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.614. 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 RM0.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watta Holding Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Watta Holding 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.

Watta Holding Bhd Cyclically Adjusted PB Ratio Chart

Watta Holding Bhd Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.69 0.68 0.76

Watta Holding 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 0.72 0.70 0.80 0.76 0.65

Competitive Comparison of Watta Holding Bhd's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Watta Holding 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.


Watta Holding Bhd's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Watta Holding Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Watta Holding 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.

Watta Holding Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.57/0.79
=0.72

* 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.

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

For example, Watta Holding 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)
=0.614/131.7762*131.7762
=0.614

Current CPI (Mar. 2024) = 131.7762.

Watta Holding Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.661 99.695 0.874
201406 0.664 100.560 0.870
201409 0.665 100.428 0.873
201412 0.665 99.070 0.885
201503 0.665 99.621 0.880
201506 0.660 100.684 0.864
201509 0.658 100.392 0.864
201512 0.655 99.792 0.865
201603 0.652 100.470 0.855
201606 0.649 101.688 0.841
201609 0.659 101.861 0.853
201612 0.637 101.863 0.824
201703 0.625 102.862 0.801
201706 0.619 103.349 0.789
201712 0.000 104.011 0.000
201803 0.695 105.290 0.870
201806 0.691 106.317 0.856
201809 0.685 106.507 0.848
201812 0.662 105.998 0.823
201903 0.657 107.251 0.807
201906 0.653 108.070 0.796
201909 0.649 108.329 0.789
201912 0.685 108.420 0.833
202003 0.685 108.902 0.829
202006 0.676 108.767 0.819
202009 0.671 109.815 0.805
202012 0.668 109.897 0.801
202103 0.662 111.754 0.781
202106 0.655 114.631 0.753
202109 0.650 115.734 0.740
202112 0.654 117.630 0.733
202203 0.650 121.301 0.706
202206 0.646 125.017 0.681
202209 0.643 125.227 0.677
202212 0.644 125.222 0.678
202303 0.637 127.348 0.659
202306 0.630 128.729 0.645
202309 0.622 129.860 0.631
202312 0.621 129.419 0.632
202403 0.614 131.776 0.614

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.


Watta Holding Bhd  (XKLS:7226) 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.


Watta Holding Bhd Cyclically Adjusted PB Ratio Related Terms

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


Watta Holding Bhd (XKLS:7226) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Plaza Berjaya, Jalan Imbi, 12th Floor, Menara Cosway, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100
Watta Holding Bhd is a company whose principal activities consist of investment holding and the provision of management services. The Group is organized into business segments based on their products and services, and has two reportable operating segments: Services and Investment Holding and others. The service segment includes Servicing telecommunication equipment and related products. It operates in a single geographical segment, which is Malaysia.

Watta Holding Bhd (XKLS:7226) Headlines

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