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Hartalega Holdings Bhd (XKLS:5168) Cyclically Adjusted PB Ratio : 3.22 (As of Jun. 06, 2024)


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What is Hartalega Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Hartalega Holdings Bhd's current share price is RM3.19. Hartalega Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.99. Hartalega Holdings Bhd's Cyclically Adjusted PB Ratio for today is 3.22.

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

XKLS:5168' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 3.43   Max: 36.76
Current: 3.18

During the past years, Hartalega Holdings Bhd's highest Cyclically Adjusted PB Ratio was 36.76. The lowest was 1.74. And the median was 3.43.

XKLS:5168's Cyclically Adjusted PB Ratio is ranked worse than
73.25% of 1189 companies
in the Chemicals industry
Industry Median: 1.69 vs XKLS:5168: 3.18

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.

Hartalega Holdings Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.359. 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 RM0.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hartalega Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hartalega 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.

Hartalega Holdings Bhd Cyclically Adjusted PB Ratio Chart

Hartalega Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 16.18 6.47 2.11

Hartalega Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.97 2.11 2.02 2.06 2.73

Competitive Comparison of Hartalega Holdings Bhd's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Hartalega 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.


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

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

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



Hartalega 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.19/0.99
=3.22

* 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.

Hartalega Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hartalega Holdings Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.359/129.4194*129.4194
=1.359

Current CPI (Dec. 2023) = 129.4194.

Hartalega Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.315 99.695 0.409
201406 0.340 100.560 0.438
201409 0.351 100.428 0.452
201412 0.374 99.070 0.489
201503 0.396 99.621 0.514
201506 0.433 100.684 0.557
201509 0.432 100.392 0.557
201512 0.447 99.792 0.580
201603 0.458 100.470 0.590
201606 0.466 101.688 0.593
201609 0.480 101.861 0.610
201612 0.492 101.863 0.625
201703 0.512 102.862 0.644
201706 0.534 103.349 0.669
201709 0.563 104.136 0.700
201712 0.583 104.011 0.725
201803 0.602 105.290 0.740
201806 0.623 106.317 0.758
201809 0.642 106.507 0.780
201812 0.662 105.998 0.808
201903 0.675 107.251 0.815
201906 0.687 108.070 0.823
201909 0.704 108.329 0.841
201912 0.730 108.420 0.871
202003 0.751 108.902 0.892
202006 0.800 108.767 0.952
202009 0.987 109.815 1.163
202012 1.220 109.897 1.437
202103 1.451 111.754 1.680
202106 1.911 114.631 2.158
202109 1.980 115.734 2.214
202112 1.704 117.630 1.875
202203 1.499 121.301 1.599
202206 1.488 125.017 1.540
202209 1.461 125.227 1.510
202212 1.452 125.222 1.501
202303 1.358 127.348 1.380
202306 1.344 128.729 1.351
202309 1.351 129.860 1.346
202312 1.359 129.419 1.359

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.


Hartalega Holdings Bhd  (XKLS:5168) 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.


Hartalega Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

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


Hartalega Holdings Bhd (XKLS:5168) Business Description

Traded in Other Exchanges
N/A
Address
C-G-9, Jalan Dataran SD1, Dataran SD, PJU9, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Hartalega Holdings Bhd is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and spray painting. The company organizes its segments based on geography: North America, Europe, Asia, Australia, Malaysia, Middle East, Russia, Africa, and South America. More revenue comes from the North America segment than any other.

Hartalega Holdings Bhd (XKLS:5168) Headlines

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