GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster Industries Bhd (XKLS:5068) » Definitions » Cyclically Adjusted Book per Share

Luster Industries Bhd (XKLS:5068) Cyclically Adjusted Book per Share : RM0.11 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Luster 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.

Luster Industries Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.095. 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 RM0.11 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), Luster Industries Bhd's current stock price is RM0.08. Luster Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.11. Luster Industries Bhd's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Luster Industries Bhd was 2.11. The lowest was 0.59. And the median was 0.77.


Luster Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Luster 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.

Luster Industries Bhd Cyclically Adjusted Book per Share Chart

Luster 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 - - 0.11 0.11 0.11

Luster 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 0.11 0.11 0.11 0.11 0.11

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

For the Specialty Industrial Machinery subindustry, Luster 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.


Luster Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luster Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Luster 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, Luster 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)
=0.095/131.7762*131.7762
=0.095

Current CPI (Mar. 2024) = 131.7762.

Luster Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.101 100.560 0.132
201409 0.091 100.428 0.119
201412 0.096 99.070 0.128
201503 0.094 99.621 0.124
201506 0.105 100.684 0.137
201509 0.094 100.392 0.123
201512 0.086 99.792 0.114
201603 0.086 100.470 0.113
201606 0.087 101.688 0.113
201609 0.086 101.861 0.111
201612 0.072 101.863 0.093
201703 0.073 102.862 0.094
201706 0.078 103.349 0.099
201709 0.078 104.136 0.099
201712 0.078 104.011 0.099
201803 0.079 105.290 0.099
201806 0.080 106.317 0.099
201809 0.082 106.507 0.101
201812 0.085 105.998 0.106
201903 0.086 107.251 0.106
201906 0.087 108.070 0.106
201909 0.085 108.329 0.103
201912 0.089 108.420 0.108
202003 0.086 108.902 0.104
202006 0.088 108.767 0.107
202009 0.080 109.815 0.096
202012 0.097 109.897 0.116
202103 0.098 111.754 0.116
202106 0.098 114.631 0.113
202109 0.099 115.734 0.113
202112 0.100 117.630 0.112
202203 0.099 121.301 0.108
202206 0.099 125.017 0.104
202209 0.101 125.227 0.106
202212 0.093 125.222 0.098
202303 0.095 127.348 0.098
202306 0.095 128.729 0.097
202309 0.099 129.860 0.100
202312 0.095 129.419 0.097
202403 0.095 131.776 0.095

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


Luster Industries Bhd  (XKLS:5068) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.08/0.11
=0.73

* 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 Luster Industries Bhd was 2.11. The lowest was 0.59. And the median was 0.77.


Be Aware

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


Luster Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Luster Industries Bhd (XKLS:5068) Business Description

Traded in Other Exchanges
N/A
Address
Plot 36 & 37, Jalan PKNK Utama, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Luster Industries Bhd is an investment holding company. The company along with its subsidiaries is engaged in Manufacturing of precision plastic parts, sub-assembly, die-casting components and precision engineering works; Construction and property development; Gaming and leisure; Glove manufacturing and EPCC Contract; and Others, which consist of investment holding and inactive companies. The company earns most of its revenue from precision plastic parts, sub-assembly, die-casting components and precision engineering works also majority from malaysian region.

Luster Industries Bhd (XKLS:5068) Headlines

No Headlines