GURUFOCUS.COM » STOCK LIST » Technology » Software » MY E.G.Services Bhd (XKLS:0138) » Definitions » Cyclically Adjusted PB Ratio

MY E.G.Services Bhd (XKLS:0138) Cyclically Adjusted PB Ratio : 7.86 (As of Jun. 02, 2024)


View and export this data going back to 2007. Start your Free Trial

What is MY E.G.Services Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-02), MY E.G.Services Bhd's current share price is RM1.10. MY E.G.Services Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.14. MY E.G.Services Bhd's Cyclically Adjusted PB Ratio for today is 7.86.

The historical rank and industry rank for MY E.G.Services Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:0138' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.5   Med: 10.57   Max: 21.17
Current: 8

During the past years, MY E.G.Services Bhd's highest Cyclically Adjusted PB Ratio was 21.17. The lowest was 5.50. And the median was 10.57.

XKLS:0138's Cyclically Adjusted PB Ratio is ranked worse than
85.33% of 1384 companies
in the Software industry
Industry Median: 2.545 vs XKLS:0138: 8.00

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.

MY E.G.Services Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.317. 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 RM0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MY E.G.Services Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MY E.G.Services 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.

MY E.G.Services Bhd Cyclically Adjusted PB Ratio Chart

MY E.G.Services Bhd Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.40 14.63 8.69 6.37

MY E.G.Services Bhd Quarterly Data
Dec18 Mar19 Jun19 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 7.16 6.57 6.54 6.37 5.75

Competitive Comparison of MY E.G.Services Bhd's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, MY E.G.Services 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.


MY E.G.Services Bhd's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, MY E.G.Services Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MY E.G.Services Bhd's Cyclically Adjusted PB Ratio falls into.



MY E.G.Services 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.

MY E.G.Services Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.10/0.14
=7.86

* 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.

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

For example, MY E.G.Services 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)
=0.317/131.7762*131.7762
=0.317

Current CPI (Mar. 2024) = 131.7762.

MY E.G.Services Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.020 98.518 0.027
201309 0.021 98.790 0.028
201312 0.022 98.326 0.029
201403 0.023 99.695 0.030
201406 0.025 100.560 0.033
201409 0.027 100.428 0.035
201412 0.032 99.070 0.043
201503 0.036 99.621 0.048
201506 0.038 100.684 0.050
201509 0.041 100.392 0.054
201512 0.048 99.792 0.063
201603 0.050 100.470 0.066
201606 0.055 101.688 0.071
201609 0.060 101.861 0.078
201612 0.063 101.863 0.082
201703 0.071 102.862 0.091
201706 0.077 103.349 0.098
201709 0.084 104.136 0.106
201712 0.092 104.011 0.117
201803 0.095 105.290 0.119
201812 0.082 105.998 0.102
201903 0.088 107.251 0.108
201906 0.087 108.070 0.106
202003 0.111 108.902 0.134
202006 0.119 108.767 0.144
202009 0.129 109.815 0.155
202012 0.159 109.897 0.191
202103 0.168 111.754 0.198
202106 0.176 114.631 0.202
202109 0.179 115.734 0.204
202112 0.209 117.630 0.234
202203 0.219 121.301 0.238
202206 0.232 125.017 0.245
202209 0.245 125.227 0.258
202212 0.252 125.222 0.265
202303 0.258 127.348 0.267
202306 0.273 128.729 0.279
202309 0.281 129.860 0.285
202312 0.295 129.419 0.300
202403 0.317 131.776 0.317

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.


MY E.G.Services Bhd  (XKLS:0138) 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.


MY E.G.Services Bhd Cyclically Adjusted PB Ratio Related Terms

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


MY E.G.Services Bhd (XKLS:0138) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8, Jalan Damansara, PJU 8, Level 43A, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is majorly engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. It also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services. It derives the majority of revenue from Malaysia.

MY E.G.Services Bhd (XKLS:0138) Headlines

No Headlines