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Vitrox Bhd (XKLS:0097) Cyclically Adjusted PB Ratio : 12.98 (As of Apr. 28, 2024)


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What is Vitrox Bhd Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Vitrox Bhd's current share price is RM7.40. Vitrox Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.57. Vitrox Bhd's Cyclically Adjusted PB Ratio for today is 12.98.

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

XKLS:0097' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.6   Med: 18.1   Max: 31.54
Current: 12.89

During the past years, Vitrox Bhd's highest Cyclically Adjusted PB Ratio was 31.54. The lowest was 12.60. And the median was 18.10.

XKLS:0097's Cyclically Adjusted PB Ratio is ranked worse than
94.01% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs XKLS:0097: 12.89

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.

Vitrox Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.029. 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 RM0.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vitrox Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vitrox 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.

Vitrox Bhd Cyclically Adjusted PB Ratio Chart

Vitrox Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 24.08 27.62 16.77 13.18

Vitrox 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 16.49 15.67 13.93 13.18 13.21

Competitive Comparison of Vitrox Bhd's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Vitrox 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.


Vitrox Bhd's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Vitrox 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.40/0.57
=12.98

* 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.

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

For example, Vitrox 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)
=1.029/129.4194*129.4194
=1.029

Current CPI (Mar. 2024) = 129.4194.

Vitrox Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.165 100.560 0.212
201409 0.177 100.428 0.228
201412 0.188 99.070 0.246
201503 0.198 99.621 0.257
201506 0.200 100.684 0.257
201509 0.217 100.392 0.280
201512 0.224 99.792 0.291
201603 0.241 100.470 0.310
201606 0.248 101.688 0.316
201609 0.265 101.861 0.337
201612 0.279 101.863 0.354
201703 0.299 102.862 0.376
201706 0.312 103.349 0.391
201709 0.336 104.136 0.418
201712 0.351 104.011 0.437
201803 0.373 105.290 0.458
201806 0.387 106.317 0.471
201809 0.417 106.507 0.507
201812 0.439 105.998 0.536
201903 0.465 107.251 0.561
201906 0.470 108.070 0.563
201909 0.486 108.329 0.581
201912 0.512 108.420 0.611
202003 0.535 108.902 0.636
202006 0.544 108.767 0.647
202009 0.577 109.815 0.680
202012 0.603 109.897 0.710
202103 0.636 111.754 0.737
202106 0.671 114.631 0.758
202109 0.716 115.734 0.801
202112 0.377 117.630 0.415
202203 0.807 121.301 0.861
202206 0.829 125.017 0.858
202209 0.885 125.227 0.915
202212 0.926 125.222 0.957
202303 0.963 127.348 0.979
202306 0.963 128.729 0.968
202309 0.999 129.860 0.996
202312 1.014 129.419 1.014
202403 1.029 129.419 1.029

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.


Vitrox Bhd  (XKLS:0097) 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.


Vitrox Bhd Cyclically Adjusted PB Ratio Related Terms

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


Vitrox Bhd (XKLS:0097) Business Description

Traded in Other Exchanges
N/A
Address
746, Persiaran Cassia Selatan 3, Batu Kawan Industrial Park, Bandar Cassia, MYS, 14110
Vitrox Corp Bhd is an investment holding company. It develops a vision inspection system and printed circuit board assemblies for microprocessor applications. A major part of its revenue is generated from the company's Malaysia region. Its products include Vision Inspection System; Tray-based Vision Handler; Advanced 3D Solder Paste Inspection System (SPI); Advanced 3D Optical Inspection System (AOI); Advanced 3D X-ray Inspection System (AXI); Electronic Communication System and V-ONE.

Vitrox Bhd (XKLS:0097) Headlines

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