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Genting Malaysia Bhd (Genting Malaysia Bhd) Cyclically Adjusted PB Ratio : 0.66 (As of Jun. 07, 2024)


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What is Genting Malaysia Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Genting Malaysia Bhd's current share price is $14.50. Genting Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $21.94. Genting Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 0.66.

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

GMALY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.81   Max: 1.03
Current: 0.75

During the past years, Genting Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.65. And the median was 0.81.

GMALY's Cyclically Adjusted PB Ratio is ranked better than
67.59% of 614 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs GMALY: 0.75

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.

Genting Malaysia Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was $11.872. 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 $21.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genting Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Genting Malaysia 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.

Genting Malaysia Bhd Cyclically Adjusted PB Ratio Chart

Genting Malaysia 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 - 0.87 0.87 0.77 0.77

Genting Malaysia 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 0.75 0.70 0.71 0.77 0.77

Competitive Comparison of Genting Malaysia Bhd's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Genting Malaysia 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.


Genting Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Genting Malaysia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.50/21.94
=0.66

* 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.

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

For example, Genting Malaysia 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)
=11.872/131.7762*131.7762
=11.872

Current CPI (Mar. 2024) = 131.7762.

Genting Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.398 100.560 28.041
201409 21.328 100.428 27.986
201412 20.675 99.070 27.501
201503 20.682 99.621 27.358
201506 20.635 100.684 27.007
201509 19.530 100.392 25.636
201512 19.662 99.792 25.964
201603 19.530 100.470 25.615
201606 19.712 101.688 25.545
201609 20.027 101.861 25.909
201612 19.643 101.863 25.411
201703 19.601 102.862 25.111
201706 19.894 103.349 25.366
201709 20.148 104.136 25.496
201712 20.901 104.011 26.480
201803 21.411 105.290 26.797
201806 21.083 106.317 26.132
201809 18.670 106.507 23.100
201812 19.327 105.998 24.027
201903 19.359 107.251 23.786
201906 19.198 108.070 23.409
201909 19.227 108.329 23.388
201912 19.727 108.420 23.977
202003 18.378 108.902 22.238
202006 17.112 108.767 20.732
202009 16.351 109.815 19.621
202012 16.264 109.897 19.502
202103 15.336 111.754 18.084
202106 14.907 114.631 17.137
202109 14.444 115.734 16.446
202112 14.474 117.630 16.215
202203 13.794 121.301 14.985
202206 13.229 125.017 13.944
202209 12.578 125.227 13.236
202212 12.646 125.222 13.308
202303 12.075 127.348 12.495
202306 12.290 128.729 12.581
202309 11.989 129.860 12.166
202312 12.147 129.419 12.368
202403 11.872 131.776 11.872

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.


Genting Malaysia Bhd  (OTCPK:GMALY) 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.


Genting Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms

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Genting Malaysia Bhd (Genting Malaysia Bhd) Business Description

Traded in Other Exchanges
Address
Wisma Genting, Jalan Sultan Ismail, 23rd Floor, Kuala Lumpur, MYS, 50250
Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Genting Malaysia Bhd (Genting Malaysia Bhd) Headlines

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