GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ARB Bhd (XKLS:7181) » Definitions » Cyclically Adjusted PB Ratio

ARB Bhd (XKLS:7181) Cyclically Adjusted PB Ratio : 0.08 (As of Jun. 10, 2024)


View and export this data going back to 2004. Start your Free Trial

What is ARB Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-10), ARB Bhd's current share price is RM0.04. ARB Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.52. ARB Bhd's Cyclically Adjusted PB Ratio for today is 0.08.

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

XKLS:7181' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.16   Max: 0.35
Current: 0.08

During the past years, ARB Bhd's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.07. And the median was 0.16.

XKLS:7181's Cyclically Adjusted PB Ratio is ranked better than
97.78% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs XKLS:7181: 0.08

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.

ARB Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.166. 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 RM0.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ARB Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ARB 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.

ARB Bhd Cyclically Adjusted PB Ratio Chart

ARB Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ARB Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Sep22 Dec22 Mar23 Sep23 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 0.15 0.18 0.16 0.14 0.08

Competitive Comparison of ARB Bhd's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, ARB 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.


ARB Bhd's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, ARB Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ARB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.52
=0.08

* 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.

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

For example, ARB 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)
=0.166/131.7762*131.7762
=0.166

Current CPI (Mar. 2024) = 131.7762.

ARB Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.711 98.518 0.951
201309 0.684 98.790 0.912
201312 0.718 98.326 0.962
201403 0.693 99.695 0.916
201406 0.691 100.560 0.906
201409 0.670 100.428 0.879
201412 0.559 99.070 0.744
201503 0.566 99.621 0.749
201506 0.566 100.684 0.741
201509 0.557 100.392 0.731
201512 0.548 99.792 0.724
201603 0.536 100.470 0.703
201606 0.539 101.688 0.698
201609 0.551 101.861 0.713
201612 0.318 101.863 0.411
201703 0.322 102.862 0.413
201706 0.314 103.349 0.400
201709 0.293 104.136 0.371
201712 0.264 104.011 0.334
201803 0.255 105.290 0.319
201806 0.251 106.317 0.311
201809 0.247 106.507 0.306
201812 0.314 105.998 0.390
201903 0.302 107.251 0.371
201906 0.404 108.070 0.493
201909 0.254 108.329 0.309
201912 0.317 108.420 0.385
202003 0.336 108.902 0.407
202006 0.323 108.767 0.391
202009 0.316 109.815 0.379
202012 0.351 109.897 0.421
202103 0.323 111.754 0.381
202106 0.342 114.631 0.393
202109 0.392 115.734 0.446
202203 0.306 121.301 0.332
202209 0.309 125.227 0.325
202212 0.311 125.222 0.327
202303 0.312 127.348 0.323
202309 0.311 129.860 0.316
202403 0.166 131.776 0.166

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.


ARB Bhd  (XKLS:7181) 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.


ARB Bhd Cyclically Adjusted PB Ratio Related Terms

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


ARB Bhd (XKLS:7181) Business Description

Industry
Traded in Other Exchanges
Address
No. 17-03, Q Sentral, 2A, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
ARB Bhd is engaged in manufacturing wood products in Malaysia. Besides, it is also involved in the provision of management services and investment holding. The company operates three business segments defined as Investment holdings and other segments, Enterprise Resource Planning ("ERP") system segment and the Internet of Things ("IoT") segment. It operates predominantly in Malaysia.

ARB Bhd (XKLS:7181) Headlines

No Headlines