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Innity Bhd (XKLS:0147) Cyclically Adjusted PB Ratio : 1.50 (As of Jun. 06, 2024)


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What is Innity Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Innity Bhd's current share price is RM0.435. Innity Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.29. Innity Bhd's Cyclically Adjusted PB Ratio for today is 1.50.

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

XKLS:0147' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.65   Max: 3.13
Current: 1.51

During the past years, Innity Bhd's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 1.25. And the median was 1.65.

XKLS:0147's Cyclically Adjusted PB Ratio is ranked worse than
62.87% of 684 companies
in the Media - Diversified industry
Industry Median: 1.13 vs XKLS:0147: 1.51

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.

Innity Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.265. 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 RM0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innity Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Innity 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.

Innity Bhd Cyclically Adjusted PB Ratio Chart

Innity 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 - - 1.88 1.54 1.70

Innity 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 1.44 1.36 2.14 1.70 1.62

Competitive Comparison of Innity Bhd's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Innity 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.


Innity Bhd's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innity Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Innity 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.435/0.29
=1.50

* 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.

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

For example, Innity 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)
=0.265/131.7762*131.7762
=0.265

Current CPI (Mar. 2024) = 131.7762.

Innity Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.189 100.560 0.248
201409 0.192 100.428 0.252
201412 0.196 99.070 0.261
201503 0.191 99.621 0.253
201506 0.197 100.684 0.258
201509 0.211 100.392 0.277
201512 0.221 99.792 0.292
201603 0.212 100.470 0.278
201606 0.224 101.688 0.290
201609 0.245 101.861 0.317
201612 0.256 101.863 0.331
201703 0.229 102.862 0.293
201706 0.236 103.349 0.301
201709 0.217 104.136 0.275
201712 0.248 104.011 0.314
201803 0.231 105.290 0.289
201806 0.233 106.317 0.289
201809 0.224 106.507 0.277
201812 0.247 105.998 0.307
201903 0.239 107.251 0.294
201906 0.248 108.070 0.302
201909 0.251 108.329 0.305
201912 0.256 108.420 0.311
202003 0.234 108.902 0.283
202006 0.223 108.767 0.270
202009 0.227 109.815 0.272
202012 0.253 109.897 0.303
202103 0.255 111.754 0.301
202106 0.254 114.631 0.292
202109 0.263 115.734 0.299
202112 0.276 117.630 0.309
202203 0.279 121.301 0.303
202206 0.283 125.017 0.298
202209 0.282 125.227 0.297
202212 0.284 125.222 0.299
202303 0.270 127.348 0.279
202306 0.265 128.729 0.271
202309 0.257 129.860 0.261
202312 0.281 129.419 0.286
202403 0.265 131.776 0.265

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.


Innity Bhd  (XKLS:0147) 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.


Innity Bhd Cyclically Adjusted PB Ratio Related Terms

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


Innity Bhd (XKLS:0147) Business Description

Traded in Other Exchanges
N/A
Address
17, Jalan SS 7/26, Kelana Jaya, C501 & C502, Block C, Kelana Square, Petaling Jaya, SGR, MYS, 47301
Innity Corp Bhd operates as an investment holding company, which engages in the provision of online advertising platforms and technologies for advertisers and publishers. The Group's subsidiaries and associate are involved in the business of online advertising solutions, computer and mobile software applications development, provision of Wi-Fi services, operation of promotional and sales event information website, software production and development of content and influencer marketing. The entity has an operational presence in regions of Malaysia, Singapore, Indonesia, Vietnam, Philippines, Hong Kong/China, Taiwan, South Korea, Cambodia, and Myanmar.

Innity Bhd (XKLS:0147) Headlines

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