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Hup Seng Industries Bhd (XKLS:5024) Cyclically Adjusted Book per Share : RM0.23 (As of Mar. 2024)


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What is Hup Seng Industries 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.

Hup Seng Industries Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.200. 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 RM0.23 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 Hup Seng Industries Bhd was 3.10% per year. The lowest was 3.10% per year. And the median was 3.10% per year.

As of today (2024-05-25), Hup Seng Industries Bhd's current stock price is RM0.87. Hup Seng Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.23. Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio of today is 3.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hup Seng Industries Bhd was 4.71. The lowest was 2.65. And the median was 3.70.


Hup Seng Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hup Seng Industries 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.

Hup Seng Industries Bhd Cyclically Adjusted Book per Share Chart

Hup Seng Industries 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 - 0.21 0.22 0.23 0.23

Hup Seng Industries 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 0.23 0.23 0.23 0.23 0.23

Competitive Comparison of Hup Seng Industries Bhd's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Hup Seng Industries 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.


Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hup Seng Industries 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, Hup Seng Industries 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)
=0.2/131.7762*131.7762
=0.200

Current CPI (Mar. 2024) = 131.7762.

Hup Seng Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.185 100.560 0.242
201409 0.193 100.428 0.253
201412 0.194 99.070 0.258
201503 0.210 99.621 0.278
201506 0.213 100.684 0.279
201509 0.208 100.392 0.273
201512 0.207 99.792 0.273
201603 0.204 100.470 0.268
201606 0.217 101.688 0.281
201609 0.210 101.861 0.272
201612 0.229 101.863 0.296
201703 0.203 102.862 0.260
201706 0.215 103.349 0.274
201709 0.206 104.136 0.261
201712 0.204 104.011 0.258
201803 0.198 105.290 0.248
201806 0.209 106.317 0.259
201809 0.202 106.507 0.250
201812 0.196 105.998 0.244
201903 0.190 107.251 0.233
201906 0.202 108.070 0.246
201909 0.194 108.329 0.236
201912 0.184 108.420 0.224
202003 0.182 108.902 0.220
202006 0.193 108.767 0.234
202009 0.182 109.815 0.218
202012 0.175 109.897 0.210
202103 0.167 111.754 0.197
202106 0.172 114.631 0.198
202109 0.162 115.734 0.184
202112 0.174 117.630 0.195
202203 0.172 121.301 0.187
202206 0.176 125.017 0.186
202209 0.171 125.227 0.180
202212 0.176 125.222 0.185
202303 0.178 127.348 0.184
202306 0.179 128.729 0.183
202309 0.186 129.860 0.189
202312 0.203 129.419 0.207
202403 0.200 131.776 0.200

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


Hup Seng Industries Bhd  (XKLS:5024) 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.

Hup Seng Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.87/0.23
=3.78

* 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 Hup Seng Industries Bhd was 4.71. The lowest was 2.65. And the median was 3.70.


Be Aware

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


Hup Seng Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Hup Seng Industries Bhd (XKLS:5024) Business Description

Traded in Other Exchanges
N/A
Address
14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010
Hup Seng Industries Bhd is engaged in the business of manufacturing biscuits. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. It's Biscuit manufacturing segment manufacture and sells biscuits. The Beverage segment consists of wholesale of coffee mix and all kinds of foodstuff. It's Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwich, and many more.

Hup Seng Industries Bhd (XKLS:5024) Headlines

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