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Frontken Bhd (XKLS:0128) Cyclically Adjusted Book per Share : RM0.28 (As of Mar. 2024)


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What is Frontken 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.

Frontken Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.424. 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 RM0.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Frontken Bhd's average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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 Frontken Bhd was 14.50% per year. The lowest was 14.50% per year. And the median was 14.50% per year.

As of today (2024-05-26), Frontken Bhd's current stock price is RM4.44. Frontken Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.28. Frontken Bhd's Cyclically Adjusted PB Ratio of today is 15.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Frontken Bhd was 20.42. The lowest was 9.57. And the median was 13.48.


Frontken Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Frontken 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.

Frontken Bhd Cyclically Adjusted Book per Share Chart

Frontken 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 - 0.18 0.20 0.24 0.27

Frontken 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 0.24 0.25 0.26 0.27 0.28

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

For the Specialty Business Services subindustry, Frontken 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.


Frontken Bhd's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Frontken 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, Frontken 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)
=0.424/131.7762*131.7762
=0.424

Current CPI (Mar. 2024) = 131.7762.

Frontken Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.127 100.560 0.166
201409 0.130 100.428 0.171
201412 0.137 99.070 0.182
201503 0.143 99.621 0.189
201506 0.145 100.684 0.190
201509 0.153 100.392 0.201
201512 0.150 99.792 0.198
201603 0.145 100.470 0.190
201606 0.150 101.688 0.194
201609 0.157 101.861 0.203
201612 0.166 101.863 0.215
201703 0.173 102.862 0.222
201706 0.175 103.349 0.223
201709 0.176 104.136 0.223
201712 0.179 104.011 0.227
201803 0.178 105.290 0.223
201806 0.186 106.317 0.231
201809 0.199 106.507 0.246
201812 0.207 105.998 0.257
201903 0.209 107.251 0.257
201906 0.222 108.070 0.271
201909 0.227 108.329 0.276
201912 0.240 108.420 0.292
202003 0.246 108.902 0.298
202006 0.263 108.767 0.319
202009 0.266 109.815 0.319
202012 0.280 109.897 0.336
202103 0.280 111.754 0.330
202106 0.298 114.631 0.343
202109 0.301 115.734 0.343
202112 0.319 117.630 0.357
202203 0.304 121.301 0.330
202206 0.327 125.017 0.345
202209 0.330 125.227 0.347
202212 0.349 125.222 0.367
202303 0.366 127.348 0.379
202306 0.372 128.729 0.381
202309 0.382 129.860 0.388
202312 0.408 129.419 0.415
202403 0.424 131.776 0.424

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


Frontken Bhd  (XKLS:0128) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.44/0.28
=15.86

* 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 Frontken Bhd was 20.42. The lowest was 9.57. And the median was 13.48.


Be Aware

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


Frontken Bhd Cyclically Adjusted Book per Share Related Terms

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


Frontken Bhd (XKLS:0128) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350
Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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