GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuala Lumpur Kepong Bhd (XKLS:2445) » Definitions » Cyclically Adjusted PB Ratio

Kuala Lumpur Kepong Bhd (XKLS:2445) Cyclically Adjusted PB Ratio : 1.70 (As of Jun. 08, 2024)


View and export this data going back to 1974. Start your Free Trial

What is Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Kuala Lumpur Kepong Bhd's current share price is RM21.16. Kuala Lumpur Kepong Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM12.48. Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio for today is 1.70.

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

XKLS:2445' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 1.98   Max: 2.75
Current: 1.67

During the past years, Kuala Lumpur Kepong Bhd's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 1.67. And the median was 1.98.

XKLS:2445's Cyclically Adjusted PB Ratio is ranked better than
50.58% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs XKLS:2445: 1.67

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.

Kuala Lumpur Kepong Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM13.402. 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 RM12.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kuala Lumpur Kepong 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.

Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio Chart

Kuala Lumpur Kepong 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 - 2.45 1.99 1.83 1.76

Kuala Lumpur Kepong 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 1.78 1.84 1.76 1.79 1.80

Competitive Comparison of Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Kuala Lumpur Kepong 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.


Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kuala Lumpur Kepong 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.

Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.16/12.48
=1.70

* 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.

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

For example, Kuala Lumpur Kepong 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)
=13.402/131.7762*131.7762
=13.402

Current CPI (Mar. 2024) = 131.7762.

Kuala Lumpur Kepong Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.292 100.560 9.556
201409 7.279 100.428 9.551
201412 7.753 99.070 10.313
201503 7.865 99.621 10.404
201506 8.236 100.684 10.779
201509 9.077 100.392 11.915
201512 9.651 99.792 12.744
201603 9.213 100.470 12.084
201606 9.211 101.688 11.936
201609 9.807 101.861 12.687
201612 10.475 101.863 13.551
201703 10.747 102.862 13.768
201706 10.651 103.349 13.581
201709 10.580 104.136 13.388
201712 10.874 104.011 13.777
201803 10.396 105.290 13.011
201806 10.552 106.317 13.079
201809 10.486 106.507 12.974
201812 10.106 105.998 12.564
201903 9.983 107.251 12.266
201906 9.847 108.070 12.007
201909 9.728 108.329 11.834
201912 9.594 108.420 11.661
202003 9.518 108.902 11.517
202006 9.967 108.767 12.075
202009 10.039 109.815 12.047
202012 10.107 109.897 12.119
202103 10.595 111.754 12.493
202106 11.173 114.631 12.844
202109 11.002 115.734 12.527
202112 11.490 117.630 12.872
202203 12.282 121.301 13.343
202206 12.528 125.017 13.205
202209 13.251 125.227 13.944
202212 12.624 125.222 13.285
202303 13.093 127.348 13.548
202306 13.405 128.729 13.722
202309 13.277 129.860 13.473
202312 13.120 129.419 13.359
202403 13.402 131.776 13.402

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.


Kuala Lumpur Kepong Bhd  (XKLS:2445) 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.


Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio Related Terms

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


Kuala Lumpur Kepong Bhd (XKLS:2445) Business Description

Traded in Other Exchanges
Address
No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, MYS, 30000
Kuala Lumpur Kepong Bhd harvests oil palm and rubber plantations in Southeast Asia. On top of utilizing the plantations, the company manufactures fatty acids and alcohols, oleochemicals, soaps, rubber gloves, and other specialty chemicals and is also engaged in the business of Property development. Its reportable segments include, Plantation, Manufacturing, Property Development , Investment Holding and Others. Majority of the revenue is generated from its manufacturing segment which is involved in manufacturing of oleochemicals, non-ionic surfactants and esters, rubber gloves, parquet flooring products, pharmaceutical products, storing and distribution of bulk liquid, refining of palm products, kernel crushing and trading of palm products.

Kuala Lumpur Kepong Bhd (XKLS:2445) Headlines

No Headlines