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TMC Life Sciences Bhd (XKLS:0101) Cyclically Adjusted PB Ratio : 1.39 (As of Jun. 10, 2024)


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What is TMC Life Sciences Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-10), TMC Life Sciences Bhd's current share price is RM0.665. TMC Life Sciences Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.48. TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio for today is 1.39.

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

XKLS:0101' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.46   Max: 1.83
Current: 1.39

During the past years, TMC Life Sciences Bhd's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 1.23. And the median was 1.46.

XKLS:0101's Cyclically Adjusted PB Ratio is ranked better than
65.56% of 331 companies
in the Healthcare Providers & Services industry
Industry Median: 2.01 vs XKLS:0101: 1.39

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.

TMC Life Sciences Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.509. 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 RM0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TMC Life Sciences Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TMC Life Sciences 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.

TMC Life Sciences Bhd Cyclically Adjusted PB Ratio Chart

TMC Life Sciences Bhd Annual Data
Trend May13 May14 May15 May16 Aug17 Aug18 Aug19 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.79 1.26 1.35

TMC Life Sciences Bhd Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 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 1.29 1.35 1.33 1.55 1.47

Competitive Comparison of TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, TMC Life Sciences 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.


TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TMC Life Sciences 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.

TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.665/0.48
=1.39

* 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.

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

For example, TMC Life Sciences 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)
=0.509/131.7762*131.7762
=0.509

Current CPI (Mar. 2024) = 131.7762.

TMC Life Sciences Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.165 99.057 0.220
201405 0.169 100.373 0.222
201408 0.170 100.352 0.223
201411 0.131 99.635 0.173
201502 0.248 99.032 0.330
201505 0.252 100.333 0.331
201508 0.521 100.548 0.683
201511 0.347 100.135 0.457
201602 0.320 100.040 0.422
201605 0.366 101.355 0.476
201608 0.000 101.617 0.000
201611 0.399 101.829 0.516
201702 0.401 102.779 0.514
201705 0.405 103.256 0.517
201708 0.412 103.587 0.524
201711 0.415 104.072 0.525
201802 0.416 105.052 0.522
201805 0.420 106.148 0.521
201808 0.426 106.383 0.528
201811 0.430 106.338 0.533
201902 0.432 106.649 0.534
201905 0.437 108.048 0.533
201908 0.438 108.245 0.533
201911 0.442 108.519 0.537
202002 0.446 109.139 0.539
202009 0.448 109.815 0.538
202012 0.449 109.897 0.538
202103 0.451 111.754 0.532
202106 0.453 114.631 0.521
202109 0.456 115.734 0.519
202112 0.457 117.630 0.512
202203 0.461 121.301 0.501
202206 0.475 125.017 0.501
202209 0.479 125.227 0.504
202212 0.479 125.222 0.504
202303 0.487 127.348 0.504
202306 0.495 128.729 0.507
202309 0.504 129.860 0.511
202312 0.503 129.419 0.512
202403 0.509 131.776 0.509

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.


TMC Life Sciences Bhd  (XKLS:0101) 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.


TMC Life Sciences Bhd Cyclically Adjusted PB Ratio Related Terms

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


TMC Life Sciences Bhd (XKLS:0101) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, PJU 5, Jalan Teknologi, Level 11, Taman Sains, Kota Damansara, Petaling Jaya, SGR, MYS, 47810
TMC Life Sciences Bhd is an investment holding company operating a multi-disciplinary tertiary care center and fertility center in Malaysia. It operates Tropicana Medical Centre, Kota Damansara (TMCKD), a medical center located in Petaling Jaya. Its TMCKD provides healthcare services in various medical/surgical specialties and subspecialties, including anesthesiology, cancer, cardiology, colorectal, dermatology, ENT, fertility, gastroenterology, as well as offers internal medicines and respiratory medicines. Its fertility center provides a range of fertility treatments for couples. The company also operates a women's clinic; provides fertility consultancy, laboratory, and embryology services; and offers pharmacy services and products.

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