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Best World International (SGX:CGN) Cyclically Adjusted Book per Share : S$0.54 (As of Dec. 2023)


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What is Best World International 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.

Best World International's adjusted book value per share for the three months ended in Dec. 2023 was S$1.377. 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 S$0.54 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Best World International's average Cyclically Adjusted Book Growth Rate was 31.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 37.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 32.10% 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 Best World International was 37.00% per year. The lowest was 20.50% per year. And the median was 31.50% per year.

As of today (2024-05-22), Best World International's current stock price is S$2.49. Best World International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was S$0.54. Best World International's Cyclically Adjusted PB Ratio of today is 4.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Best World International was 23.21. The lowest was 3.11. And the median was 6.80.


Best World International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Best World International'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.

Best World International Cyclically Adjusted Book per Share Chart

Best World International 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 0.17 0.21 0.30 0.41 0.54

Best World International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.44 0.47 0.51 0.54

Competitive Comparison of Best World International's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Best World International'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.


Best World International's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Best World International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Best World International's Cyclically Adjusted PB Ratio falls into.



Best World International 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, Best World International'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)
=1.377/129.4194*129.4194
=1.377

Current CPI (Dec. 2023) = 129.4194.

Best World International Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.094 99.695 0.122
201406 0.095 100.560 0.122
201409 0.097 100.428 0.125
201412 0.102 99.070 0.133
201503 0.105 99.621 0.136
201506 0.105 100.684 0.135
201509 0.110 100.392 0.142
201512 0.116 99.792 0.150
201603 0.125 100.470 0.161
201606 0.131 101.688 0.167
201609 0.141 101.861 0.179
201612 0.165 101.863 0.210
201703 0.181 102.862 0.228
201706 0.189 103.349 0.237
201709 0.196 104.136 0.244
201712 0.237 104.011 0.295
201803 0.247 105.290 0.304
201806 0.236 106.317 0.287
201809 0.279 106.507 0.339
201812 0.301 105.998 0.368
201903 0.336 107.251 0.405
201906 0.371 108.070 0.444
201909 0.404 108.329 0.483
201912 0.438 108.420 0.523
202003 0.479 108.902 0.569
202006 0.532 108.767 0.633
202009 0.541 109.815 0.638
202012 0.637 109.897 0.750
202103 0.705 111.754 0.816
202106 0.787 114.631 0.889
202109 0.836 115.734 0.935
202112 0.934 117.630 1.028
202203 0.935 121.301 0.998
202206 0.977 125.017 1.011
202209 1.018 125.227 1.052
202212 1.115 125.222 1.152
202303 1.157 127.348 1.176
202306 1.237 128.729 1.244
202309 1.287 129.860 1.283
202312 1.377 129.419 1.377

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


Best World International  (SGX:CGN) 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.

Best World International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.49/0.54
=4.61

* 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 Best World International was 23.21. The lowest was 3.11. And the median was 6.80.


Be Aware

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


Best World International Cyclically Adjusted Book per Share Related Terms

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


Best World International (SGX:CGN) Business Description

Traded in Other Exchanges
N/A
Address
20 Pasir Panjang Road, No. 08-28 Mapletree Business City, Singapore, SGP, 117439
Best World International Ltd is an investment holding company and the distribution of nutritional supplement products, personal care products and healthcare equipment. The company's segment includes Direct selling; Franchise and others. It generates maximum revenue from the Direct selling segment. The Direct selling segment mainly comprises sales to customers through retail and online channels in Singapore, Malaysia, Indonesia, Thailand, Taiwan, Hong Kong, Vietnam, Philippines, Korea, Australia, New Zealand, United States, and United Arab Emirates.

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