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Pintaras Jaya Bhd (XKLS:9598) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 10, 2024)


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What is Pintaras Jaya Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Pintaras Jaya Bhd's current share price is RM1.81. Pintaras Jaya Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM2.54. Pintaras Jaya Bhd's Cyclically Adjusted PB Ratio for today is 0.71.

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

XKLS:9598' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.88   Max: 1.41
Current: 0.7

During the past years, Pintaras Jaya Bhd's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.60. And the median was 0.88.

XKLS:9598's Cyclically Adjusted PB Ratio is ranked better than
67.8% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs XKLS:9598: 0.70

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.

Pintaras Jaya Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM2.403. 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 RM2.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pintaras Jaya Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pintaras Jaya 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.

Pintaras Jaya Bhd Cyclically Adjusted PB Ratio Chart

Pintaras Jaya Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.17 0.99 0.68

Pintaras Jaya 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 0.78 0.68 0.64 0.64 0.63

Competitive Comparison of Pintaras Jaya Bhd's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Pintaras Jaya 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.


Pintaras Jaya Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Pintaras Jaya 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.81/2.54
=0.71

* 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.

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

For example, Pintaras Jaya 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)
=2.403/131.7762*131.7762
=2.403

Current CPI (Mar. 2024) = 131.7762.

Pintaras Jaya Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.919 100.560 2.515
201409 1.992 100.428 2.614
201412 1.993 99.070 2.651
201503 2.092 99.621 2.767
201506 2.126 100.684 2.783
201509 2.148 100.392 2.820
201512 2.056 99.792 2.715
201603 2.057 100.470 2.698
201606 2.026 101.688 2.625
201609 2.116 101.861 2.737
201612 2.046 101.863 2.647
201703 2.108 102.862 2.701
201706 2.069 103.349 2.638
201709 2.090 104.136 2.645
201712 2.001 104.011 2.535
201803 2.004 105.290 2.508
201806 1.959 106.317 2.428
201809 1.976 106.507 2.445
201812 1.870 105.998 2.325
201903 1.898 107.251 2.332
201906 1.919 108.070 2.340
201909 1.950 108.329 2.372
201912 1.976 108.420 2.402
202003 1.970 108.902 2.384
202006 1.954 108.767 2.367
202009 2.023 109.815 2.428
202012 2.093 109.897 2.510
202103 2.187 111.754 2.579
202106 2.244 114.631 2.580
202109 2.299 115.734 2.618
202112 2.319 117.630 2.598
202203 2.329 121.301 2.530
202206 2.413 125.017 2.543
202209 2.416 125.227 2.542
202212 2.381 125.222 2.506
202303 2.416 127.348 2.500
202306 2.413 128.729 2.470
202309 2.415 129.860 2.451
202312 2.368 129.419 2.411
202403 2.403 131.776 2.403

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.


Pintaras Jaya Bhd  (XKLS:9598) 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.


Pintaras Jaya Bhd Cyclically Adjusted PB Ratio Related Terms

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


Pintaras Jaya Bhd (XKLS:9598) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jalan Majistret U1/26, Hicom-Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Pintaras Jaya Bhd is a Malaysia-based company engaged in the manufacturing of metal containers and piling and sub-structure construction activities. It operates through two segments namely Piling, civil engineering, & construction works and Manufacturing. The Piling, civil engineering, and construction work segment which derives the majority revenue include piling and earth retaining systems, sub-structures and basements, ground improvement, earth, and civil engineering and building work. The Geographical segments of the company include Malaysia and Singapore, out of which the majority of the revenue is generated from Singapore.

Pintaras Jaya Bhd (XKLS:9598) Headlines

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