GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxchem Corp Bhd (XKLS:5143) » Definitions » Cyclically Adjusted PB Ratio

Luxchem Bhd (XKLS:5143) Cyclically Adjusted PB Ratio : 1.40 (As of Jun. 05, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Luxchem Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Luxchem Bhd's current share price is RM0.575. Luxchem Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.41. Luxchem Bhd's Cyclically Adjusted PB Ratio for today is 1.40.

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

XKLS:5143' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.51   Max: 2.74
Current: 1.43

During the past years, Luxchem Bhd's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 1.18. And the median was 1.51.

XKLS:5143's Cyclically Adjusted PB Ratio is ranked better than
57.36% of 1182 companies
in the Chemicals industry
Industry Median: 1.69 vs XKLS:5143: 1.43

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.

Luxchem Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.502. 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 RM0.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luxchem Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luxchem 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.

Luxchem Bhd Cyclically Adjusted PB Ratio Chart

Luxchem 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 - - 2.28 1.49 1.30

Luxchem 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 1.31 1.22 1.22 1.30 1.31

Competitive Comparison of Luxchem Bhd's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Luxchem 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.


Luxchem Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Luxchem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.575/0.41
=1.40

* 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.

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

For example, Luxchem 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)
=0.502/131.7762*131.7762
=0.502

Current CPI (Mar. 2024) = 131.7762.

Luxchem Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.190 100.560 0.249
201409 0.192 100.428 0.252
201412 0.200 99.070 0.266
201503 0.213 99.621 0.282
201506 0.218 100.684 0.285
201509 0.226 100.392 0.297
201512 0.241 99.792 0.318
201603 0.250 100.470 0.328
201606 0.266 101.688 0.345
201609 0.262 101.861 0.339
201612 0.279 101.863 0.361
201703 0.293 102.862 0.375
201706 0.292 103.349 0.372
201709 0.295 104.136 0.373
201712 0.308 104.011 0.390
201803 0.317 105.290 0.397
201806 0.316 106.317 0.392
201809 0.318 106.507 0.393
201812 0.328 105.998 0.408
201903 0.336 107.251 0.413
201906 0.334 108.070 0.407
201909 0.334 108.329 0.406
201912 0.345 108.420 0.419
202003 0.356 108.902 0.431
202006 0.355 108.767 0.430
202009 0.361 109.815 0.433
202012 0.376 109.897 0.451
202103 0.429 111.754 0.506
202106 0.416 114.631 0.478
202109 0.450 115.734 0.512
202112 0.458 117.630 0.513
202203 0.473 121.301 0.514
202206 0.480 125.017 0.506
202209 0.478 125.227 0.503
202212 0.479 125.222 0.504
202303 0.487 127.348 0.504
202306 0.486 128.729 0.498
202309 0.488 129.860 0.495
202312 0.499 129.419 0.508
202403 0.502 131.776 0.502

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.


Luxchem Bhd  (XKLS:5143) 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.


Luxchem Bhd Cyclically Adjusted PB Ratio Related Terms

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


Luxchem Bhd (XKLS:5143) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Jalan SS21/58, Damansara Utama, Petaling Jaya, SGR, MYS, 47400
Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in the manufacturing and trading of unsaturated polyester resin and related products, and the manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.

Luxchem Bhd (XKLS:5143) Headlines

No Headlines