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Mulpha International Bhd (XKLS:3905) Cyclically Adjusted Book per Share : RM12.43 (As of Dec. 2023)


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What is Mulpha International 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.

Mulpha International Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM11.583. 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 RM12.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mulpha International Bhd's average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Mulpha International Bhd was 1.50% per year. The lowest was 1.50% per year. And the median was 1.50% per year.

As of today (2024-05-29), Mulpha International Bhd's current stock price is RM2.46. Mulpha International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM12.43. Mulpha International Bhd's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mulpha International Bhd was 0.22. The lowest was 0.09. And the median was 0.18.


Mulpha International Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mulpha International 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.

Mulpha International Bhd Cyclically Adjusted Book per Share Chart

Mulpha International 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 - 11.88 11.89 12.28 12.43

Mulpha International Bhd 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 12.28 12.40 12.49 12.53 12.43

Competitive Comparison of Mulpha International Bhd's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Mulpha International 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.


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

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

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



Mulpha International 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, Mulpha International 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)
=11.583/129.4194*129.4194
=11.583

Current CPI (Dec. 2023) = 129.4194.

Mulpha International Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.056 99.695 14.352
201406 11.128 100.560 14.322
201409 10.741 100.428 13.842
201412 11.057 99.070 14.444
201503 10.947 99.621 14.221
201506 11.148 100.684 14.330
201509 11.591 100.392 14.943
201512 12.040 99.792 15.615
201603 11.753 100.470 15.139
201606 12.856 101.688 16.362
201609 8.777 101.861 11.152
201612 9.320 101.863 11.841
201703 9.650 102.862 12.141
201706 9.892 103.349 12.387
201709 10.044 104.136 12.483
201712 10.261 104.011 12.768
201803 9.979 105.290 12.266
201806 10.212 106.317 12.431
201809 10.220 106.507 12.419
201812 10.071 105.998 12.296
201903 10.342 107.251 12.480
201906 9.837 108.070 11.780
201909 8.681 108.329 10.371
201912 8.983 108.420 10.723
202003 8.405 108.902 9.989
202006 8.813 108.767 10.486
202009 8.843 109.815 10.422
202012 9.312 109.897 10.966
202103 9.676 111.754 11.205
202106 9.784 114.631 11.046
202109 11.013 115.734 12.315
202112 11.066 117.630 12.175
202203 11.499 121.301 12.269
202206 11.210 125.017 11.605
202209 11.397 125.227 11.779
202212 11.336 125.222 11.716
202303 11.259 127.348 11.442
202306 11.632 128.729 11.694
202309 11.393 129.860 11.354
202312 11.583 129.419 11.583

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


Mulpha International Bhd  (XKLS:3905) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.46/12.43
=0.20

* 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 Mulpha International Bhd was 0.22. The lowest was 0.09. And the median was 0.18.


Be Aware

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


Mulpha International Bhd Cyclically Adjusted Book per Share Related Terms

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


Mulpha International Bhd (XKLS:3905) Business Description

Traded in Other Exchanges
N/A
Address
No. 12A, Jalan PJU 7/3, PH1, Menara Mudajaya, Mutiara Damansara, Petaling Jay, SGR, MYS, 47810
Mulpha International Bhd is an investment holding company. The operating segments of the company are Property, which includes property development and investment; Hospitality segment include hotel and sevice apartment ownership and/or operation, entertatinment and events; and Investment & other activities segment includes investment holding, investment in securites, licensed money lending, financial service provider, and others. Its geographical segments includes Australia, Malaysia, and New Zealand.

Mulpha International Bhd (XKLS:3905) Headlines

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