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IOI Bhd (XKLS:1961) Cyclically Adjusted PB Ratio : 2.55 (As of Apr. 29, 2024)


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What is IOI Bhd Cyclically Adjusted PB Ratio?

As of today (2024-04-29), IOI Bhd's current share price is RM4.05. IOI Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.59. IOI Bhd's Cyclically Adjusted PB Ratio for today is 2.55.

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

XKLS:1961' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.31   Med: 2.5   Max: 2.96
Current: 2.54

During the past years, IOI Bhd's highest Cyclically Adjusted PB Ratio was 2.96. The lowest was 2.31. And the median was 2.50.

XKLS:1961's Cyclically Adjusted PB Ratio is ranked worse than
73.65% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs XKLS:1961: 2.54

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.

IOI Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.861. 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 RM1.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IOI Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IOI 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.

IOI Bhd Cyclically Adjusted PB Ratio Chart

IOI Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.36 2.35

IOI Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.55 2.39 2.35 2.53 2.47

Competitive Comparison of IOI Bhd's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, IOI 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.


IOI Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IOI Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



IOI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.05/1.59
=2.55

* 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.

IOI Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, IOI Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.861/129.4194*129.4194
=1.861

Current CPI (Dec. 2023) = 129.4194.

IOI Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.897 99.695 1.164
201406 1.288 100.560 1.658
201409 0.854 100.428 1.101
201412 0.868 99.070 1.134
201503 0.794 99.621 1.031
201506 1.118 100.684 1.437
201509 0.659 100.392 0.850
201512 0.759 99.792 0.984
201603 0.832 100.470 1.072
201606 1.135 101.688 1.445
201609 1.119 101.861 1.422
201612 1.139 101.863 1.447
201703 1.143 102.862 1.438
201706 1.187 103.349 1.486
201709 1.181 104.136 1.468
201712 1.271 104.011 1.581
201803 1.451 105.290 1.784
201806 1.457 106.317 1.774
201809 1.427 106.507 1.734
201812 1.460 105.998 1.783
201903 1.467 107.251 1.770
201906 1.480 108.070 1.772
201909 1.508 108.329 1.802
201912 1.483 108.420 1.770
202003 1.422 108.902 1.690
202006 1.483 108.767 1.765
202009 1.471 109.815 1.734
202012 1.530 109.897 1.802
202103 1.546 111.754 1.790
202106 1.601 114.631 1.808
202109 1.589 115.734 1.777
202112 1.664 117.630 1.831
202203 1.673 121.301 1.785
202206 1.761 125.017 1.823
202209 1.718 125.227 1.776
202212 1.807 125.222 1.868
202303 1.790 127.348 1.819
202306 1.826 128.729 1.836
202309 1.806 129.860 1.800
202312 1.861 129.419 1.861

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.


IOI Bhd  (XKLS:1961) 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.


IOI Bhd Cyclically Adjusted PB Ratio Related Terms

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


IOI Bhd (XKLS:1961) Business Description

Traded in Other Exchanges
N/A
Address
Level 29,IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, SGR, MYS, 62502
IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported worldwide to many different customers, including some multinational corporations.

IOI Bhd (XKLS:1961) Headlines

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