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Bank Islam Malaysia Bhd (XKLS:5258) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 08, 2024)


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What is Bank Islam Malaysia Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Bank Islam Malaysia Bhd's current share price is RM2.43. Bank Islam Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM3.46. Bank Islam Malaysia Bhd's Cyclically Adjusted PB Ratio for today is 0.70.

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

XKLS:5258' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.78   Max: 1.15
Current: 0.72

During the past years, Bank Islam Malaysia Bhd's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.52. And the median was 0.78.

XKLS:5258's Cyclically Adjusted PB Ratio is ranked better than
65.91% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs XKLS:5258: 0.72

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.

Bank Islam Malaysia Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM3.287. 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 RM3.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Islam Malaysia Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank Islam 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.

Bank Islam Malaysia Bhd Cyclically Adjusted PB Ratio Chart

Bank Islam 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 - - 1.03 0.85 0.65

Bank Islam 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 0.66 0.59 0.63 0.65 0.72

Competitive Comparison of Bank Islam Malaysia Bhd's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank Islam 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.


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

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

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



Bank Islam 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.43/3.46
=0.70

* 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.

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

For example, Bank Islam 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)
=3.287/131.7762*131.7762
=3.287

Current CPI (Mar. 2024) = 131.7762.

Bank Islam Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.950 100.560 2.555
201409 2.051 100.428 2.691
201412 1.912 99.070 2.543
201503 2.133 99.621 2.821
201506 2.212 100.684 2.895
201509 2.186 100.392 2.869
201512 2.149 99.792 2.838
201603 2.395 100.470 3.141
201606 2.479 101.688 3.213
201609 2.580 101.861 3.338
201612 2.444 101.863 3.162
201703 2.586 102.862 3.313
201706 2.688 103.349 3.427
201709 2.811 104.136 3.557
201712 2.768 104.011 3.507
201803 2.828 105.290 3.539
201806 2.893 106.317 3.586
201809 3.034 106.507 3.754
201812 2.968 105.998 3.690
201903 3.092 107.251 3.799
201906 3.243 108.070 3.954
201909 3.407 108.329 4.144
201912 3.341 108.420 4.061
202003 3.403 108.902 4.118
202006 3.550 108.767 4.301
202009 3.638 109.815 4.366
202012 3.391 109.897 4.066
202103 3.592 111.754 4.236
202106 3.695 114.631 4.248
202109 3.130 115.734 3.564
202112 3.083 117.630 3.454
202203 3.088 121.301 3.355
202206 3.094 125.017 3.261
202209 3.158 125.227 3.323
202212 3.153 125.222 3.318
202303 3.170 127.348 3.280
202306 3.227 128.729 3.303
202309 3.289 129.860 3.338
202312 3.265 129.419 3.324
202403 3.287 131.776 3.287

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.


Bank Islam Malaysia Bhd  (XKLS:5258) 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.


Bank Islam Malaysia Bhd Cyclically Adjusted PB Ratio Related Terms

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


Bank Islam Malaysia Bhd (XKLS:5258) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Jalan Perak, 32nd Floor, Menara Bank Islam, Kuala Lumpur, MYS, 50450
Bank Islam Malaysia Bhd is a Malaysia-based Islamic holding company that is principally engaged in providing financial products and services. The company is involved in Islamic business activities mainly through its investment in Shariah-compliant business entities. The company holds a 100% stake in Bank Islam Malaysia Berhad, which is the first Shariah-based bank in Malaysia and Southeast Asia. The company also has interests in venture capital, unit trusts, stock broking, offshore banking, and others.

Bank Islam Malaysia Bhd (XKLS:5258) Headlines

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