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Iskandar Waterfront City Bhd (XKLS:1589) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 07, 2024)


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What is Iskandar Waterfront City Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Iskandar Waterfront City Bhd's current share price is RM0.765. Iskandar Waterfront City Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.06. Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio for today is 0.72.

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

XKLS:1589' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.48   Max: 1.12
Current: 0.7

During the past years, Iskandar Waterfront City Bhd's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.22. And the median was 0.48.

XKLS:1589's Cyclically Adjusted PB Ratio is ranked better than
50.51% of 1384 companies
in the Real Estate industry
Industry Median: 0.705 vs XKLS:1589: 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.

Iskandar Waterfront City Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.802. 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 RM1.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iskandar Waterfront City Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd Cyclically Adjusted PB Ratio Chart

Iskandar Waterfront City 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 0.97 0.62 0.32 0.26 0.70

Iskandar Waterfront City 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 0.40 0.31 0.71 0.70 0.79

Competitive Comparison of Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Iskandar Waterfront City 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.


Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio falls into.



Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.765/1.06
=0.72

* 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.

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

For example, Iskandar Waterfront City 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)
=0.802/131.7762*131.7762
=0.802

Current CPI (Mar. 2024) = 131.7762.

Iskandar Waterfront City Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.813 100.560 1.065
201409 0.819 100.428 1.075
201412 0.815 99.070 1.084
201503 0.816 99.621 1.079
201506 0.810 100.684 1.060
201509 0.841 100.392 1.104
201512 0.826 99.792 1.091
201603 0.819 100.470 1.074
201606 0.820 101.688 1.063
201609 0.815 101.861 1.054
201612 0.816 101.863 1.056
201703 0.957 102.862 1.226
201706 0.967 103.349 1.233
201709 1.095 104.136 1.386
201712 0.970 104.011 1.229
201803 0.976 105.290 1.222
201806 0.965 106.317 1.196
201809 0.968 106.507 1.198
201812 0.920 105.998 1.144
201903 0.966 107.251 1.187
201906 0.966 108.070 1.178
201909 0.962 108.329 1.170
201912 0.916 108.420 1.113
202003 0.946 108.902 1.145
202006 0.961 108.767 1.164
202009 0.956 109.815 1.147
202012 0.914 109.897 1.096
202103 0.907 111.754 1.069
202106 0.863 114.631 0.992
202109 0.853 115.734 0.971
202112 0.844 117.630 0.946
202203 0.838 121.301 0.910
202206 0.831 125.017 0.876
202209 0.830 125.227 0.873
202212 0.809 125.222 0.851
202303 0.806 127.348 0.834
202306 0.801 128.729 0.820
202309 0.801 129.860 0.813
202312 0.802 129.419 0.817
202403 0.802 131.776 0.802

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.


Iskandar Waterfront City Bhd  (XKLS:1589) 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.


Iskandar Waterfront City Bhd Cyclically Adjusted PB Ratio Related Terms

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


Iskandar Waterfront City Bhd (XKLS:1589) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Skudai, Danga Bay, No. G08, Block 8, Johor Bahru, JHR, MYS, 80200
Iskandar Waterfront City Bhd is an investment holding company. It is involved in the businesses of property development and construction. The company's reportable segments: Property Development, Construction and Others. It generates majority of its revenue from the Property development segment which involves the development of residential and commercial properties.

Iskandar Waterfront City Bhd (XKLS:1589) Headlines

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