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Kencana Agri (SGX:BNE) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 10, 2024)


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What is Kencana Agri Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Kencana Agri's current share price is S$0.05. Kencana Agri's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was S$0.28. Kencana Agri's Cyclically Adjusted PB Ratio for today is 0.18.

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

SGX:BNE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.3   Max: 0.9
Current: 0.18

During the past 13 years, Kencana Agri's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.08. And the median was 0.30.

SGX:BNE's Cyclically Adjusted PB Ratio is ranked better than
95.46% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs SGX:BNE: 0.18

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.

Kencana Agri's adjusted book value per share data of for the fiscal year that ended in Dec22 was S$0.144. 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 S$0.28 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kencana Agri Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kencana Agri'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.

Kencana Agri Cyclically Adjusted PB Ratio Chart

Kencana Agri Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.19 0.15 0.42 0.57

Kencana Agri Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.42 - 0.57 -

Competitive Comparison of Kencana Agri's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Kencana Agri'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.


Kencana Agri's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Kencana Agri 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.

Kencana Agri's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/0.28
=0.18

* 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.

Kencana Agri's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Kencana Agri's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.144/126.0977*126.0977
=0.144

Current CPI (Dec22) = 126.0977.

Kencana Agri Annual Data

Book Value per Share CPI Adj_Book
201312 0.726 91.196 1.004
201412 0.366 98.819 0.467
201512 0.245 102.133 0.302
201612 0.218 105.222 0.261
201712 0.228 109.017 0.264
201812 0.106 112.430 0.119
201912 0.047 115.486 0.051
202012 0.064 117.318 0.069
202112 0.146 119.516 0.154
202212 0.144 126.098 0.144

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.


Kencana Agri  (SGX:BNE) 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.


Kencana Agri Cyclically Adjusted PB Ratio Related Terms

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


Kencana Agri (SGX:BNE) Business Description

Traded in Other Exchanges
Address
Jalan Raya Meruya llir No. 88, Kencana Tower, 8th Floor, Business Park Kebon Jeruk, Jakarta Barat, Jakarta, IDN, 11620
Kencana Agri Ltd operates as a plantation company. The group is engaged in the cultivation of oil palms; the processing of fresh fruit bunches (FFB) into crude palm oil (CPO), crude palm kernel oil (CPKO), and palm kernel cake (PKC); refining of CPO. It operates through the palm oil plantation business segment. The company's plantation segment which earns the majority revenue for the firm consists of plantations, palm oil mills, and kernel crushing plants. The majority of revenue gets generated through Indonesia.

Kencana Agri (SGX:BNE) Headlines