GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kossan Rubber Industries Bhd (XKLS:7153) » Definitions » Cyclically Adjusted PB Ratio

Kossan Rubber Industries Bhd (XKLS:7153) Cyclically Adjusted PB Ratio : 2.55 (As of Jun. 06, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Kossan Rubber Industries Bhd's current share price is RM2.35. Kossan Rubber Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.92. Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio for today is 2.55.

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

XKLS:7153' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.91   Max: 4.74
Current: 2.4

During the past years, Kossan Rubber Industries Bhd's highest Cyclically Adjusted PB Ratio was 4.74. The lowest was 1.41. And the median was 1.91.

XKLS:7153's Cyclically Adjusted PB Ratio is ranked worse than
57.26% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs XKLS:7153: 2.40

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.

Kossan Rubber Industries Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM1.517. 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 RM0.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kossan Rubber Industries 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.

Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio Chart

Kossan Rubber Industries 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 - - 3.34 1.49 2.10

Kossan Rubber Industries 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 1.68 1.58 1.55 2.10 2.11

Competitive Comparison of Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries 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.


Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Kossan Rubber Industries 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.

Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.35/0.92
=2.55

* 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.

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

For example, Kossan Rubber Industries 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)
=1.517/131.7762*131.7762
=1.517

Current CPI (Mar. 2024) = 131.7762.

Kossan Rubber Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.303 100.560 0.397
201409 0.308 100.428 0.404
201412 0.316 99.070 0.420
201503 0.334 99.621 0.442
201506 0.352 100.684 0.461
201509 0.363 100.392 0.476
201512 0.372 99.792 0.491
201603 0.392 100.470 0.514
201606 0.392 101.688 0.508
201609 0.405 101.861 0.524
201612 0.409 101.863 0.529
201703 0.426 102.862 0.546
201706 0.444 103.349 0.566
201709 0.447 104.136 0.566
201712 0.452 104.011 0.573
201803 0.469 105.290 0.587
201806 0.486 106.317 0.602
201809 0.491 106.507 0.607
201812 0.514 105.998 0.639
201903 0.523 107.251 0.643
201906 0.530 108.070 0.646
201909 0.548 108.329 0.667
201912 0.557 108.420 0.677
202003 0.582 108.902 0.704
202006 0.619 108.767 0.750
202009 0.756 109.815 0.907
202012 0.934 109.897 1.120
202103 1.228 111.754 1.448
202106 1.527 114.631 1.755
202109 1.615 115.734 1.839
202112 1.580 117.630 1.770
202203 1.616 121.301 1.756
202206 1.514 125.017 1.596
202209 1.524 125.227 1.604
202212 1.519 125.222 1.599
202303 1.488 127.348 1.540
202306 1.488 128.729 1.523
202309 1.504 129.860 1.526
202312 1.503 129.419 1.530
202403 1.517 131.776 1.517

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.


Kossan Rubber Industries Bhd  (XKLS:7153) 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.


Kossan Rubber Industries Bhd Cyclically Adjusted PB Ratio Related Terms

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


Kossan Rubber Industries Bhd (XKLS:7153) Business Description

Traded in Other Exchanges
N/A
Address
Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (XKLS:7153) Headlines

No Headlines