GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuala Lumpur Kepong Bhd (OTCPK:KLKBY) » Definitions » Cyclically Adjusted PB Ratio

Kuala Lumpur Kepong Bhd (Kuala Lumpur Kepong Bhd) Cyclically Adjusted PB Ratio : 2.05 (As of May. 22, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Kuala Lumpur Kepong Bhd's current share price is $5.15. Kuala Lumpur Kepong Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.51. Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio for today is 2.05.

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

KLKBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 1.98   Max: 2.75
Current: 1.77

During the past years, Kuala Lumpur Kepong Bhd's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 1.75. And the median was 1.98.

KLKBY's Cyclically Adjusted PB Ratio is ranked worse than
52.95% of 1086 companies
in the Chemicals industry
Industry Median: 1.66 vs KLKBY: 1.77

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.

Kuala Lumpur Kepong Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was $2.817. 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 $2.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kuala Lumpur Kepong 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.

Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio Chart

Kuala Lumpur Kepong Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.45 1.99 1.83 1.76

Kuala Lumpur Kepong 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 1.96 1.78 1.84 1.76 1.79

Competitive Comparison of Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Kuala Lumpur Kepong 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.


Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kuala Lumpur Kepong 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.

Kuala Lumpur Kepong Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.15/2.51
=2.05

* 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.

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

For example, Kuala Lumpur Kepong 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)
=2.817/129.4194*129.4194
=2.817

Current CPI (Dec. 2023) = 129.4194.

Kuala Lumpur Kepong Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.298 99.695 2.983
201406 2.266 100.560 2.916
201409 2.262 100.428 2.915
201412 2.230 99.070 2.913
201503 2.138 99.621 2.778
201506 2.204 100.684 2.833
201509 2.107 100.392 2.716
201512 2.255 99.792 2.924
201603 2.267 100.470 2.920
201606 2.259 101.688 2.875
201609 2.389 101.861 3.035
201612 2.350 101.863 2.986
201703 2.423 102.862 3.049
201706 2.491 103.349 3.119
201709 2.514 104.136 3.124
201712 2.667 104.011 3.319
201803 2.665 105.290 3.276
201806 2.640 106.317 3.214
201809 2.534 106.507 3.079
201812 2.424 105.998 2.960
201903 2.449 107.251 2.955
201906 2.367 108.070 2.835
201909 2.326 108.329 2.779
201912 2.314 108.420 2.762
202003 2.216 108.902 2.634
202006 2.333 108.767 2.776
202009 2.420 109.815 2.852
202012 2.493 109.897 2.936
202103 2.579 111.754 2.987
202106 2.703 114.631 3.052
202109 2.640 115.734 2.952
202112 2.728 117.630 3.001
202203 2.925 121.301 3.121
202206 2.848 125.017 2.948
202209 2.915 125.227 3.013
202212 2.863 125.222 2.959
202303 2.933 127.348 2.981
202306 2.895 128.729 2.911
202309 2.835 129.860 2.825
202312 2.817 129.419 2.817

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.


Kuala Lumpur Kepong Bhd  (OTCPK:KLKBY) 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.


Kuala Lumpur Kepong Bhd Cyclically Adjusted PB Ratio Related Terms

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


Kuala Lumpur Kepong Bhd (Kuala Lumpur Kepong Bhd) Business Description

Traded in Other Exchanges
Address
No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, MYS, 30000
Kuala Lumpur Kepong Bhd harvests oil palm and rubber plantations in Southeast Asia. On top of utilizing the plantations, the company manufactures fatty acids and alcohols, oleochemicals, soaps, rubber gloves, and other specialty chemicals and is also engaged in the business of Property development. Its reportable segments include, Plantation, Manufacturing, Property Development , Investment Holding and Others. Majority of the revenue is generated from its manufacturing segment which is involved in manufacturing of oleochemicals, non-ionic surfactants and esters, rubber gloves, parquet flooring products, pharmaceutical products, storing and distribution of bulk liquid, refining of palm products, kernel crushing and trading of palm products.

Kuala Lumpur Kepong Bhd (Kuala Lumpur Kepong Bhd) Headlines

From GuruFocus

Kuala Lumpur Kepong Bhd's Dividend Analysis

By GuruFocus Research 01-29-2024