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Focus Point Holdings Bhd (XKLS:0157) Cyclically Adjusted PB Ratio : 4.82 (As of Jun. 06, 2024)


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What is Focus Point Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Focus Point Holdings Bhd's current share price is RM0.82. Focus Point Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.17. Focus Point Holdings Bhd's Cyclically Adjusted PB Ratio for today is 4.82.

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

XKLS:0157' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.24   Med: 4.18   Max: 6.86
Current: 4.65

During the past years, Focus Point Holdings Bhd's highest Cyclically Adjusted PB Ratio was 6.86. The lowest was 3.24. And the median was 4.18.

XKLS:0157's Cyclically Adjusted PB Ratio is ranked worse than
77.68% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs XKLS:0157: 4.65

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.

Focus Point Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.271. 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 RM0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Focus Point Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Focus Point Holdings 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.

Focus Point Holdings Bhd Cyclically Adjusted PB Ratio Chart

Focus Point Holdings 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 - - 3.26 4.03 4.25

Focus Point Holdings 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 5.48 4.92 4.72 4.25 4.05

Competitive Comparison of Focus Point Holdings Bhd's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Focus Point Holdings 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.


Focus Point Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Focus Point Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Focus Point Holdings 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.

Focus Point Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.82/0.17
=4.82

* 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.

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

For example, Focus Point Holdings 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)
=0.271/131.7762*131.7762
=0.271

Current CPI (Mar. 2024) = 131.7762.

Focus Point Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.118 100.560 0.155
201409 0.117 100.428 0.154
201412 0.114 99.070 0.152
201503 0.119 99.621 0.157
201506 0.116 100.684 0.152
201509 0.115 100.392 0.151
201512 0.117 99.792 0.154
201603 0.118 100.470 0.155
201606 0.114 101.688 0.148
201609 0.112 101.861 0.145
201612 0.114 101.863 0.147
201703 0.114 102.862 0.146
201706 0.114 103.349 0.145
201709 0.111 104.136 0.140
201712 0.113 104.011 0.143
201803 0.112 105.290 0.140
201806 0.113 106.317 0.140
201809 0.113 106.507 0.140
201812 0.124 105.998 0.154
201903 0.129 107.251 0.158
201906 0.125 108.070 0.152
201909 0.124 108.329 0.151
201912 0.134 108.420 0.163
202003 0.134 108.902 0.162
202006 0.129 108.767 0.156
202009 0.141 109.815 0.169
202012 0.148 109.897 0.177
202103 0.155 111.754 0.183
202106 0.148 114.631 0.170
202109 0.151 115.734 0.172
202112 0.164 117.630 0.184
202203 0.176 121.301 0.191
202206 0.189 125.017 0.199
202209 0.208 125.227 0.219
202212 0.220 125.222 0.232
202303 0.233 127.348 0.241
202306 0.234 128.729 0.240
202309 0.248 129.860 0.252
202312 0.255 129.419 0.260
202403 0.271 131.776 0.271

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.


Focus Point Holdings Bhd  (XKLS:0157) 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.


Focus Point Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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Focus Point Holdings Bhd (XKLS:0157) Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 1/37, Unit 1, 3, 5 and 7, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Focus Point Holdings Bhd is engaged in the operation of eye care centers, trading of eyewear and eye care products. The company's operating segments are Optical related products, Franchise management, Food and beverages, and others. It generates the majority of its revenue from the Optical related products segment. Optical related products segment includes retailing of optical related products. Its Franchise management Management segment includes franchised professional eye care centres and food and beverage outlets. The Food and beverage segment include the provision of food and beverage services.

Focus Point Holdings Bhd (XKLS:0157) Headlines

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