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Iconic Worldwide Bhd (XKLS:9113) Cyclically Adjusted PB Ratio : 0.21 (As of Jun. 06, 2024)


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What is Iconic Worldwide Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Iconic Worldwide Bhd's current share price is RM0.095. Iconic Worldwide Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.45. Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio for today is 0.21.

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

XKLS:9113' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.25   Max: 0.57
Current: 0.21

During the past years, Iconic Worldwide Bhd's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.19. And the median was 0.25.

XKLS:9113's Cyclically Adjusted PB Ratio is ranked better than
93.47% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs XKLS:9113: 0.21

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.

Iconic Worldwide Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM0.278. 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 RM0.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iconic Worldwide Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iconic Worldwide 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.

Iconic Worldwide Bhd Cyclically Adjusted PB Ratio Chart

Iconic Worldwide 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 - - - 0.53 0.25

Iconic Worldwide 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 0.26 0.25 0.26 0.23 0.24

Competitive Comparison of Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Iconic Worldwide 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.


Iconic Worldwide Bhd's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Iconic Worldwide 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.095/0.45
=0.21

* 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.

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

For example, Iconic Worldwide 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)
=0.278/129.4194*129.4194
=0.278

Current CPI (Dec. 2023) = 129.4194.

Iconic Worldwide Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.554 99.695 0.719
201406 0.540 100.560 0.695
201409 0.522 100.428 0.673
201412 0.507 99.070 0.662
201503 0.496 99.621 0.644
201506 0.487 100.684 0.626
201509 0.478 100.392 0.616
201512 0.471 99.792 0.611
201603 0.459 100.470 0.591
201606 0.454 101.688 0.578
201609 0.372 101.861 0.473
201612 0.367 101.863 0.466
201703 0.360 102.862 0.453
201706 0.358 103.349 0.448
201709 0.355 104.136 0.441
201712 0.355 104.011 0.442
201803 0.355 105.290 0.436
201806 0.351 106.317 0.427
201809 0.347 106.507 0.422
201812 0.339 105.998 0.414
201903 0.278 107.251 0.335
201906 0.283 108.070 0.339
201909 0.277 108.329 0.331
201912 0.285 108.420 0.340
202003 0.295 108.902 0.351
202006 0.343 108.767 0.408
202009 0.353 109.815 0.416
202012 0.344 109.897 0.405
202103 0.347 111.754 0.402
202106 0.355 114.631 0.401
202109 0.320 115.734 0.358
202112 0.348 117.630 0.383
202203 0.344 121.301 0.367
202206 0.348 125.017 0.360
202209 0.350 125.227 0.362
202212 0.351 125.222 0.363
202303 0.302 127.348 0.307
202306 0.296 128.729 0.298
202309 0.286 129.860 0.285
202312 0.278 129.419 0.278

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.


Iconic Worldwide Bhd  (XKLS:9113) 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.


Iconic Worldwide Bhd Cyclically Adjusted PB Ratio Related Terms

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


Iconic Worldwide Bhd (XKLS:9113) Business Description

Traded in Other Exchanges
N/A
Address
No 1-2, Jalan Icon City, Icon City, Bukit Mertajam, PNG, MYS, 14000
Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Tourism services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.

Iconic Worldwide Bhd (XKLS:9113) Headlines

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