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Asdion Bhd (XKLS:0068) Cyclically Adjusted Book per Share : RM0.13 (As of Dec. 2023)


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What is Asdion 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.

Asdion Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.057. 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 RM0.13 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-28), Asdion Bhd's current stock price is RM0.06. Asdion Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.13. Asdion Bhd's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asdion Bhd was 0.96. The lowest was 0.19. And the median was 0.54.


Asdion Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asdion 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.

Asdion Bhd Cyclically Adjusted Book per Share Chart

Asdion Bhd Annual Data
Trend Dec09 Dec10 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep20 Sep21
Cyclically Adjusted Book per Share
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Asdion Bhd Quarterly Data
Jun18 Sep18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.13 0.13 0.13 0.13 0.13

Competitive Comparison of Asdion Bhd's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Asdion 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.


Asdion Bhd's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asdion Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asdion 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, Asdion 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)
=0.057/129.4194*129.4194
=0.057

Current CPI (Dec. 2023) = 129.4194.

Asdion Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.130 98.518 0.171
201309 0.130 98.790 0.170
201312 0.124 98.326 0.163
201403 0.234 99.695 0.304
201406 0.227 100.560 0.292
201409 0.222 100.428 0.286
201412 0.215 99.070 0.281
201503 0.209 99.621 0.272
201506 0.200 100.684 0.257
201509 0.215 100.392 0.277
201512 0.186 99.792 0.241
201603 0.174 100.470 0.224
201606 0.166 101.688 0.211
201609 0.158 101.861 0.201
201612 0.147 101.863 0.187
201703 0.102 102.862 0.128
201706 0.098 103.349 0.123
201709 0.092 104.136 0.114
201712 0.089 104.011 0.111
201803 0.060 105.290 0.074
201806 0.055 106.317 0.067
201809 0.051 106.507 0.062
201812 0.047 105.998 0.057
201906 0.059 108.070 0.071
201912 0.042 108.420 0.050
202003 0.034 108.902 0.040
202006 0.018 108.767 0.021
202009 0.010 109.815 0.012
202012 0.007 109.897 0.008
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.020 115.734 0.022
202112 0.055 117.630 0.061
202203 0.042 121.301 0.045
202206 0.041 125.017 0.042
202209 0.050 125.227 0.052
202212 0.027 125.222 0.028
202303 0.063 127.348 0.064
202306 0.063 128.729 0.063
202312 0.057 129.419 0.057

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


Asdion Bhd  (XKLS:0068) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06/0.13
=0.46

* 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 Asdion Bhd was 0.96. The lowest was 0.19. And the median was 0.54.


Be Aware

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


Asdion Bhd Cyclically Adjusted Book per Share Related Terms

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


Asdion Bhd (XKLS:0068) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Asdion Bhd (XKLS:0068) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
SO-13A-3A, Menara 1, No. 3, Jalan Bangsar, KL Eco City, Kuala Lumpur, SGR, MYS, 59200
Asdion Bhd is an investment holding company. It is engaged in logistics businesses, commodity trading, and property development. The company also operates in software development and activities related to information and communication technologies.

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