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Digistar Bhd (XKLS:0029) Cyclically Adjusted PB Ratio : 0.13 (As of Jun. 10, 2024)


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What is Digistar Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Digistar Bhd's current share price is RM0.05. Digistar Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.40. Digistar Bhd's Cyclically Adjusted PB Ratio for today is 0.13.

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

XKLS:0029' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.18   Max: 0.4
Current: 0.13

During the past years, Digistar Bhd's highest Cyclically Adjusted PB Ratio was 0.40. The lowest was 0.13. And the median was 0.18.

XKLS:0029's Cyclically Adjusted PB Ratio is ranked better than
94.9% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs XKLS:0029: 0.13

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.

Digistar Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.142. 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 RM0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digistar Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digistar 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.

Digistar Bhd Cyclically Adjusted PB Ratio Chart

Digistar Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.20 0.15

Digistar 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 0.19 0.17 0.15 0.15 0.16

Competitive Comparison of Digistar Bhd's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Digistar 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.


Digistar Bhd's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digistar Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Digistar 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/0.4
=0.13

* 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.

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

For example, Digistar 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)
=0.142/131.7762*131.7762
=0.142

Current CPI (Mar. 2024) = 131.7762.

Digistar Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.494 100.560 0.647
201409 0.555 100.428 0.728
201412 0.471 99.070 0.626
201503 0.500 99.621 0.661
201506 0.541 100.684 0.708
201509 0.412 100.392 0.541
201512 0.426 99.792 0.563
201603 0.469 100.470 0.615
201606 0.495 101.688 0.641
201609 0.493 101.861 0.638
201612 0.431 101.863 0.558
201703 0.482 102.862 0.617
201706 0.453 103.349 0.578
201709 0.466 104.136 0.590
201712 0.463 104.011 0.587
201803 0.460 105.290 0.576
201806 0.453 106.317 0.561
201809 0.280 106.507 0.346
201812 0.280 105.998 0.348
201903 0.276 107.251 0.339
201906 0.270 108.070 0.329
201909 0.268 108.329 0.326
201912 0.270 108.420 0.328
202003 0.224 108.902 0.271
202006 0.230 108.767 0.279
202009 0.223 109.815 0.268
202012 0.210 109.897 0.252
202103 0.204 111.754 0.241
202106 0.191 114.631 0.220
202109 0.191 115.734 0.217
202112 0.189 117.630 0.212
202203 0.185 121.301 0.201
202206 0.181 125.017 0.191
202209 0.175 125.227 0.184
202212 0.138 125.222 0.145
202303 0.152 127.348 0.157
202306 0.150 128.729 0.154
202309 0.145 129.860 0.147
202312 0.145 129.419 0.148
202403 0.142 131.776 0.142

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.


Digistar Bhd  (XKLS:0029) 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.


Digistar Bhd Cyclically Adjusted PB Ratio Related Terms

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


Digistar Bhd (XKLS:0029) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000
Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental, and hotel segment, Concession segment, and Property development segment. The Systems Integration segment is involved in the design, supply, installation, and integration of information technology infrastructure, teleconferencing, local area networks, interactive media management systems, radio & television news automation, and other related electronic systems. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities. It operates in a single geographical segment, which is Malaysia.

Digistar Bhd (XKLS:0029) Headlines

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