GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telekom Malaysia Bhd (OTCPK:MYTEF) » Definitions » Cyclically Adjusted Book per Share

Telekom Malaysia Bhd (Telekom Malaysia Bhd) Cyclically Adjusted Book per Share : $0.43 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Telekom Malaysia Bhd Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Telekom Malaysia Bhd's adjusted book value per share for the three months ended in Mar. 2024 was $0.498. 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 $0.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Telekom Malaysia Bhd's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Telekom Malaysia Bhd was 1.60% per year. The lowest was 1.60% per year. And the median was 1.60% per year.

As of today (2024-06-09), Telekom Malaysia Bhd's current stock price is $1.18. Telekom Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.43. Telekom Malaysia Bhd's Cyclically Adjusted PB Ratio of today is 2.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Telekom Malaysia Bhd was 2.88. The lowest was 1.17. And the median was 2.25.


Telekom Malaysia Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Telekom Malaysia Bhd's Cyclically Adjusted Book per Share 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.

Telekom Malaysia Bhd Cyclically Adjusted Book per Share Chart

Telekom Malaysia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.45 0.54 0.30 0.46

Telekom 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 Book per Share 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 0.34 0.34 0.52 0.46 0.43

Competitive Comparison of Telekom Malaysia Bhd's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Telekom 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.


Telekom Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telekom Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Telekom Malaysia Bhd Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Telekom 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)
=0.498/131.7762*131.7762
=0.498

Current CPI (Mar. 2024) = 131.7762.

Telekom Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.648 100.560 0.849
201409 0.586 100.428 0.769
201412 0.585 99.070 0.778
201503 0.564 99.621 0.746
201506 0.554 100.684 0.725
201509 0.467 100.392 0.613
201512 0.484 99.792 0.639
201603 0.494 100.470 0.648
201606 0.502 101.688 0.651
201609 0.488 101.861 0.631
201612 0.459 101.863 0.594
201703 0.448 102.862 0.574
201706 0.478 103.349 0.609
201709 0.476 104.136 0.602
201712 0.512 104.011 0.649
201803 0.516 105.290 0.646
201806 0.510 106.317 0.632
201809 0.482 106.507 0.596
201812 0.480 105.998 0.597
201903 0.456 107.251 0.560
201906 0.455 108.070 0.555
201909 0.470 108.329 0.572
201912 0.471 108.420 0.572
202003 0.441 108.902 0.534
202006 0.462 108.767 0.560
202009 0.439 109.815 0.527
202012 0.466 109.897 0.559
202103 0.462 111.754 0.545
202106 0.474 114.631 0.545
202109 0.472 115.734 0.537
202112 0.472 117.630 0.529
202203 0.481 121.301 0.523
202206 0.481 125.017 0.507
202209 0.457 125.227 0.481
202212 0.471 125.222 0.496
202303 0.468 127.348 0.484
202306 0.482 128.729 0.493
202309 0.486 129.860 0.493
202312 0.513 129.419 0.522
202403 0.498 131.776 0.498

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Telekom Malaysia Bhd  (OTCPK:MYTEF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Telekom Malaysia Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.18/0.43
=2.74

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Telekom Malaysia Bhd was 2.88. The lowest was 1.17. And the median was 2.25.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Telekom Malaysia Bhd Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Telekom Malaysia Bhd's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Telekom Malaysia Bhd (Telekom Malaysia Bhd) Business Description

Traded in Other Exchanges
Address
Jalan Pantai Baharu, Level 51, North Wing, Menara TM, Kuala Lumpur, SGR, MYS, 50672
Telekom Malaysia Bhd is a triple-play telecommunications company. It generates revenue from the provision of fixed-line voice services, data, and broadband, and multimedia services to businesses and individual households, and consumers. Broadband and multimedia services are the majority of company revenue. Data is composed of products such as Ethernet and Internet protocol services. Additionally, the company's voice product generates revenue from providing business and residential telephony services. The company owns telecommunications infrastructure. Its segments include Unifi; TM ONE; TM Global; and Shared Services/Others. It generates the vast majority of its revenue in Malaysia.

Telekom Malaysia Bhd (Telekom Malaysia Bhd) Headlines

From GuruFocus