GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Boustead Holdings Bhd (XKLS:2771) » Definitions » Cyclically Adjusted Book per Share

Boustead Holdings Bhd (XKLS:2771) Cyclically Adjusted Book per Share : RM3.48 (As of Mar. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Boustead Holdings 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.

Boustead Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2023 was RM1.912. 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 RM3.48 for the trailing ten years ended in Mar. 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 (2024-05-22), Boustead Holdings Bhd's current stock price is RM0.855. Boustead Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was RM3.48. Boustead Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.25.


Boustead Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Boustead Holdings 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.

Boustead Holdings Bhd Cyclically Adjusted Book per Share Chart

Boustead Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.42 3.36 3.43 3.47

Boustead Holdings Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 3.49 3.56 3.52 3.47 3.48

Competitive Comparison of Boustead Holdings Bhd's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Boustead Holdings 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.


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

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

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



Boustead Holdings 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, Boustead Holdings Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.912/127.3478*127.3478
=1.912

Current CPI (Mar. 2023) = 127.3478.

Boustead Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 3.012 98.518 3.893
201309 3.063 98.790 3.948
201312 3.375 98.326 4.371
201403 3.370 99.695 4.305
201406 3.511 100.560 4.446
201409 3.185 100.428 4.039
201412 3.342 99.070 4.296
201503 3.328 99.621 4.254
201506 3.326 100.684 4.207
201509 3.292 100.392 4.176
201512 3.269 99.792 4.172
201603 3.244 100.470 4.112
201606 3.938 101.688 4.932
201609 3.414 101.861 4.268
201612 3.548 101.863 4.436
201703 3.379 102.862 4.183
201706 3.383 103.349 4.169
201709 3.513 104.136 4.296
201712 3.472 104.011 4.251
201803 3.629 105.290 4.389
201806 3.577 106.317 4.285
201809 3.587 106.507 4.289
201812 3.060 105.998 3.676
201903 3.254 107.251 3.864
201906 3.264 108.070 3.846
201909 3.098 108.329 3.642
201912 2.140 108.420 2.514
202003 2.078 108.902 2.430
202006 2.063 108.767 2.415
202009 2.050 109.815 2.377
202012 1.838 109.897 2.130
202103 1.824 111.754 2.079
202106 1.837 114.631 2.041
202109 1.876 115.734 2.064
202112 1.918 117.630 2.076
202203 2.067 121.301 2.170
202206 2.092 125.017 2.131
202209 2.157 125.227 2.194
202212 1.929 125.222 1.962
202303 1.912 127.348 1.912

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


Boustead Holdings Bhd  (XKLS:2771) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.855/3.48
=0.25

* 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.


Be Aware

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


Boustead Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Boustead Holdings Bhd (XKLS:2771) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 10, Jalan PJU 7/6, Level 23, The Bousteador, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800
Boustead Holdings Bhd is a conglomerate. The company operates in six segments. The plantation division primarily involves the planting of oil palm and processing of crude palm oil. The heavy industries division primarily involves shipbuilding, fabrication of offshore structures, and vessel restoration and maintenance. The Property and Industrial Division division primarily involves real estate development and leasing, as well as hotel operation. The pharmaceutical division manufactures, trades, and markets pharmaceutical products. The trading and industrial division operates a petrol station network and manufactures and trades building materials.

Boustead Holdings Bhd (XKLS:2771) Headlines

No Headlines