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YTL Power International Bhd (XKLS:6742) Cyclically Adjusted PB Ratio : 2.91 (As of May. 24, 2024)


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What is YTL Power International Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-24), YTL Power International Bhd's current share price is RM5.38. YTL Power International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.85. YTL Power International Bhd's Cyclically Adjusted PB Ratio for today is 2.91.

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

XKLS:6742' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.45   Max: 2.91
Current: 2.91

During the past years, YTL Power International Bhd's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 0.37. And the median was 0.45.

XKLS:6742's Cyclically Adjusted PB Ratio is ranked worse than
80.58% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.435 vs XKLS:6742: 2.91

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.

YTL Power International Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM2.265. 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 RM1.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


YTL Power International Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for YTL Power International 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.

YTL Power International Bhd Cyclically Adjusted PB Ratio Chart

YTL Power International Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.40 0.72

YTL Power International Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.52 0.72 1.11 1.37

Competitive Comparison of YTL Power International Bhd's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, YTL Power International 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.


YTL Power International Bhd's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, YTL Power International Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where YTL Power International Bhd's Cyclically Adjusted PB Ratio falls into.



YTL Power International 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.

YTL Power International Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.38/1.85
=2.91

* 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.

YTL Power International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, YTL Power International Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.265/129.4194*129.4194
=2.265

Current CPI (Dec. 2023) = 129.4194.

YTL Power International Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.283 99.695 1.666
201406 1.342 100.560 1.727
201409 1.340 100.428 1.727
201412 1.222 99.070 1.596
201503 1.274 99.621 1.655
201506 1.417 100.684 1.821
201509 1.685 100.392 2.172
201512 1.412 99.792 1.831
201603 1.343 100.470 1.730
201606 1.425 101.688 1.814
201609 1.481 101.861 1.882
201612 1.474 101.863 1.873
201703 1.557 102.862 1.959
201706 1.571 103.349 1.967
201709 1.605 104.136 1.995
201712 1.532 104.011 1.906
201803 1.506 105.290 1.851
201806 1.555 106.317 1.893
201809 1.626 106.507 1.976
201812 1.491 105.998 1.820
201903 1.553 107.251 1.874
201906 1.551 108.070 1.857
201909 1.492 108.329 1.782
201912 1.495 108.420 1.785
202003 1.449 108.902 1.722
202006 1.474 108.767 1.754
202009 1.483 109.815 1.748
202012 1.547 109.897 1.822
202103 1.628 111.754 1.885
202106 1.607 114.631 1.814
202109 1.586 115.734 1.774
202112 1.524 117.630 1.677
202203 1.734 121.301 1.850
202206 1.801 125.017 1.864
202209 1.728 125.227 1.786
202212 1.748 125.222 1.807
202303 1.837 127.348 1.867
202306 2.070 128.729 2.081
202309 2.186 129.860 2.179
202312 2.265 129.419 2.265

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.


YTL Power International Bhd  (XKLS:6742) 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.


YTL Power International Bhd Cyclically Adjusted PB Ratio Related Terms

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


YTL Power International Bhd (XKLS:6742) Business Description

Traded in Other Exchanges
N/A
Address
205 Jalan Bukit Bintang, 34th Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
YTL Power International Bhd is principally an electric utility company that generates and transmits electrical power throughout Southeast Asia. YTL Power produces energy through its subsidiary utilities companies that, collectively, operate a portfolio of combined-cycle, gas-fired, steam, and co-generation power plants. most of YTL Power's total energy production occurs at its facilities in Singapore. The company also owns a water and sewage services company in the United Kingdom and provides broadband and telecommunications services through its ownership stake in YTL Communications in Malaysia. YTL Power generates most of its revenue by selling electricity, particularly in Singapore. The company's water and sewage services company also contributes significant revenue.

YTL Power International Bhd (XKLS:6742) Headlines

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