GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Affin Bank Bhd (XKLS:5185) » Definitions » Cyclically Adjusted PB Ratio

Affin Bank Bhd (XKLS:5185) Cyclically Adjusted PB Ratio : 0.45 (As of Jun. 07, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Affin Bank Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Affin Bank Bhd's current share price is RM2.42. Affin Bank Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM5.37. Affin Bank Bhd's Cyclically Adjusted PB Ratio for today is 0.45.

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

XKLS:5185' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.38   Max: 0.49
Current: 0.45

During the past years, Affin Bank Bhd's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.31. And the median was 0.38.

XKLS:5185's Cyclically Adjusted PB Ratio is ranked better than
83.81% of 1192 companies
in the Banks industry
Industry Median: 0.91 vs XKLS:5185: 0.45

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.

Affin Bank Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM4.778. 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 RM5.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Affin Bank Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Affin Bank 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.

Affin Bank Bhd Cyclically Adjusted PB Ratio Chart

Affin Bank 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 - 0.41 0.36 0.39 0.39

Affin Bank 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 0.38 0.36 0.40 0.39 0.47

Competitive Comparison of Affin Bank Bhd's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Affin Bank 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.


Affin Bank Bhd's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Affin Bank Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Affin Bank 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.

Affin Bank Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.42/5.37
=0.45

* 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.

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

For example, Affin Bank 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)
=4.778/131.7762*131.7762
=4.778

Current CPI (Mar. 2024) = 131.7762.

Affin Bank Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.450 100.560 5.831
201409 4.143 100.428 5.436
201412 4.082 99.070 5.430
201503 4.140 99.621 5.476
201506 4.183 100.684 5.475
201509 4.165 100.392 5.467
201512 4.263 99.792 5.629
201603 4.377 100.470 5.741
201606 4.419 101.688 5.727
201609 4.529 101.861 5.859
201612 2.987 101.863 3.864
201703 4.545 102.862 5.823
201706 4.614 103.349 5.883
201709 4.656 104.136 5.892
201712 4.257 104.011 5.393
201803 4.267 105.290 5.340
201806 4.277 106.317 5.301
201809 4.399 106.507 5.443
201812 4.463 105.998 5.548
201903 4.553 107.251 5.594
201906 4.649 108.070 5.669
201909 4.692 108.329 5.708
201912 4.701 108.420 5.714
202003 4.620 108.902 5.590
202006 4.763 108.767 5.771
202009 4.608 109.815 5.530
202012 4.600 109.897 5.516
202103 4.446 111.754 5.243
202106 4.524 114.631 5.201
202109 4.554 115.734 5.185
202112 4.656 117.630 5.216
202203 4.708 121.301 5.115
202206 4.564 125.017 4.811
202209 4.949 125.227 5.208
202212 4.674 125.222 4.919
202303 4.759 127.348 4.924
202306 4.669 128.729 4.780
202309 4.688 129.860 4.757
202312 4.734 129.419 4.820
202403 4.778 131.776 4.778

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.


Affin Bank Bhd  (XKLS:5185) 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.


Affin Bank Bhd Cyclically Adjusted PB Ratio Related Terms

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


Affin Bank Bhd (XKLS:5185) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lingkaran TRX, Level 19, Menara AFFIN, Tun Razak Exchange, Kuala Lumpur, SGR, MYS, 55188
Affin Bank Bhd is a Malaysia-based bank. It operates in four segments: Commercial Banking, Investment Banking, Insurance, and Others. The company provides consumer banking, car hire purchase, mortgages, credit & debit cards, and wealth management. Under the Affin Islamic name, the bank provides Shariah-compliant services to clients. The majority of the group's revenue comes from Commercial Banking within Malaysia.

Affin Bank Bhd (XKLS:5185) Headlines

No Headlines