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K. Seng Seng Bhd (XKLS:5192) Cyclically Adjusted Book per Share : RM0.86 (As of Mar. 2024)


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What is K. Seng Seng 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.

K. Seng Seng Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.686. 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 RM0.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, K. Seng Seng Bhd's average Cyclically Adjusted Book Growth Rate was 2.40% 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.

As of today (2024-06-06), K. Seng Seng Bhd's current stock price is RM0.935. K. Seng Seng Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.86. K. Seng Seng Bhd's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of K. Seng Seng Bhd was 1.94. The lowest was 0.60. And the median was 1.00.


K. Seng Seng Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for K. Seng Seng 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.

K. Seng Seng Bhd Cyclically Adjusted Book per Share Chart

K. Seng Seng 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 - - 0.77 0.83 0.85

K. Seng Seng 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 0.84 0.85 0.86 0.85 0.86

Competitive Comparison of K. Seng Seng Bhd's Cyclically Adjusted Book per Share

For the Steel subindustry, K. Seng Seng 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.


K. Seng Seng Bhd's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, K. Seng Seng Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



K. Seng Seng 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, K. Seng Seng 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)
=0.686/131.7762*131.7762
=0.686

Current CPI (Mar. 2024) = 131.7762.

K. Seng Seng Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.655 100.560 0.858
201409 0.674 100.428 0.884
201412 0.678 99.070 0.902
201503 0.687 99.621 0.909
201506 0.668 100.684 0.874
201509 0.672 100.392 0.882
201512 0.678 99.792 0.895
201603 0.680 100.470 0.892
201606 0.683 101.688 0.885
201609 0.691 101.861 0.894
201612 0.706 101.863 0.913
201703 0.721 102.862 0.924
201706 0.712 103.349 0.908
201709 0.721 104.136 0.912
201712 0.746 104.011 0.945
201803 0.748 105.290 0.936
201806 0.735 106.317 0.911
201809 0.739 106.507 0.914
201812 0.738 105.998 0.917
201903 0.731 107.251 0.898
201906 0.729 108.070 0.889
201909 0.736 108.329 0.895
201912 0.716 108.420 0.870
202003 0.711 108.902 0.860
202006 0.706 108.767 0.855
202009 0.722 109.815 0.866
202012 0.692 109.897 0.830
202103 0.680 111.754 0.802
202106 0.712 114.631 0.818
202109 0.715 115.734 0.814
202112 0.742 117.630 0.831
202203 0.758 121.301 0.823
202206 0.766 125.017 0.807
202209 0.767 125.227 0.807
202212 0.753 125.222 0.792
202303 0.757 127.348 0.783
202306 0.758 128.729 0.776
202309 0.748 129.860 0.759
202312 0.680 129.419 0.692
202403 0.686 131.776 0.686

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


K. Seng Seng Bhd  (XKLS:5192) 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.

K. Seng Seng Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.935/0.86
=1.09

* 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 K. Seng Seng Bhd was 1.94. The lowest was 0.60. And the median was 1.00.


Be Aware

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


K. Seng Seng Bhd Cyclically Adjusted Book per Share Related Terms

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


K. Seng Seng Bhd (XKLS:5192) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lot 3707, Jalan 7/5, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
K. Seng Seng Corp Bhd is an investment holding company. It operates through the segments of Stainless steel and metal-related products; Marine hardware and consumables, Other industrial hardware, Investment holding, and Engineering works. The group has a business presence in Malaysia and other countries. The key revenue is derived from the Stainless Steel and metal-related products segment which involves the manufacture and sales of stainless steel tubes and pipes; and the processing of stainless steel sheets products.

K. Seng Seng Bhd (XKLS:5192) Headlines

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