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Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Cyclically Adjusted PB Ratio : 2.29 (As of Jun. 02, 2024)


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What is Syarikat Takaful Malaysia Keluarga Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Syarikat Takaful Malaysia Keluarga Bhd's current share price is RM3.78. Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.65. Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio for today is 2.29.

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

XKLS:6139' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.14   Med: 2.44   Max: 4.35
Current: 2.3

During the past years, Syarikat Takaful Malaysia Keluarga Bhd's highest Cyclically Adjusted PB Ratio was 4.35. The lowest was 2.14. And the median was 2.44.

XKLS:6139's Cyclically Adjusted PB Ratio is ranked worse than
82.93% of 416 companies
in the Insurance industry
Industry Median: 1.18 vs XKLS:6139: 2.30

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.

Syarikat Takaful Malaysia Keluarga Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM2.136. 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 RM1.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Syarikat Takaful Malaysia Keluarga Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd Cyclically Adjusted PB Ratio Chart

Syarikat Takaful Malaysia Keluarga 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 - - 3.04 2.40 2.33

Syarikat Takaful Malaysia Keluarga 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 2.24 2.18 2.22 2.33 2.19

Competitive Comparison of Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio

For the Insurance - Specialty subindustry, Syarikat Takaful Malaysia Keluarga 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.


Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio falls into.



Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.78/1.65
=2.29

* 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.

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

For example, Syarikat Takaful Malaysia Keluarga 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)
=2.136/131.7762*131.7762
=2.136

Current CPI (Mar. 2024) = 131.7762.

Syarikat Takaful Malaysia Keluarga Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.716 100.560 0.938
201409 0.754 100.428 0.989
201412 0.715 99.070 0.951
201503 0.778 99.621 1.029
201506 0.748 100.684 0.979
201509 0.783 100.392 1.028
201512 0.844 99.792 1.115
201603 0.830 100.470 1.089
201606 0.891 101.688 1.155
201609 0.949 101.861 1.228
201612 0.887 101.863 1.147
201703 0.959 102.862 1.229
201706 1.014 103.349 1.293
201709 1.074 104.136 1.359
201712 0.995 104.011 1.261
201803 1.071 105.290 1.340
201806 1.134 106.317 1.406
201809 1.243 106.507 1.538
201812 1.193 105.998 1.483
201903 1.322 107.251 1.624
201906 1.437 108.070 1.752
201909 1.581 108.329 1.923
201912 1.479 108.420 1.798
202003 1.591 108.902 1.925
202006 1.700 108.767 2.060
202009 1.811 109.815 2.173
202012 1.818 109.897 2.180
202103 1.894 111.754 2.233
202106 2.011 114.631 2.312
202109 2.101 115.734 2.392
202112 1.523 117.630 1.706
202203 2.245 121.301 2.439
202206 2.297 125.017 2.421
202209 2.394 125.227 2.519
202212 1.684 125.222 1.772
202303 1.754 127.348 1.815
202306 1.948 128.729 1.994
202309 2.044 129.860 2.074
202312 2.005 129.419 2.042
202403 2.136 131.776 2.136

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.


Syarikat Takaful Malaysia Keluarga Bhd  (XKLS:6139) 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.


Syarikat Takaful Malaysia Keluarga Bhd Cyclically Adjusted PB Ratio Related Terms

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Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000
Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Headlines

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