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Kerjaya Prospek Property Bhd (XKLS:7077) Cyclically Adjusted Book per Share : RM0.85 (As of Dec. 2023)


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What is Kerjaya Prospek Property 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.

Kerjaya Prospek Property Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.962. 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 RM0.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kerjaya Prospek Property Bhd's average Cyclically Adjusted Book Growth Rate was 9.00% 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 (2024-05-16), Kerjaya Prospek Property Bhd's current stock price is RM0.815. Kerjaya Prospek Property Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.85. Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kerjaya Prospek Property Bhd was 1.22. The lowest was 0.69. And the median was 0.86.


Kerjaya Prospek Property Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kerjaya Prospek Property 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.

Kerjaya Prospek Property Bhd Cyclically Adjusted Book per Share Chart

Kerjaya Prospek Property Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.73 0.80

Kerjaya Prospek Property 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 0.78 0.80 0.83 0.85 0.85

Competitive Comparison of Kerjaya Prospek Property Bhd's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Kerjaya Prospek Property 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.


Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio falls into.



Kerjaya Prospek Property 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, Kerjaya Prospek Property 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)
=0.962/129.4194*129.4194
=0.962

Current CPI (Dec. 2023) = 129.4194.

Kerjaya Prospek Property Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.597 99.695 0.775
201406 0.637 100.560 0.820
201409 0.569 100.428 0.733
201412 0.569 99.070 0.743
201503 0.573 99.621 0.744
201506 0.571 100.684 0.734
201509 0.586 100.392 0.755
201512 0.567 99.792 0.735
201603 0.548 100.470 0.706
201606 0.547 101.688 0.696
201609 0.551 101.861 0.700
201612 0.543 101.863 0.690
201703 0.540 102.862 0.679
201706 0.525 103.349 0.657
201709 0.476 104.136 0.592
201712 0.493 104.011 0.613
201803 0.525 105.290 0.645
201806 0.501 106.317 0.610
201809 0.486 106.507 0.591
201812 0.465 105.998 0.568
201903 2.282 107.251 2.754
201906 0.508 108.070 0.608
201909 0.516 108.329 0.616
201912 0.525 108.420 0.627
202003 1.587 108.902 1.886
202006 0.431 108.767 0.513
202009 0.486 109.815 0.573
202012 0.341 109.897 0.402
202103 0.768 111.754 0.889
202106 0.765 114.631 0.864
202109 0.804 115.734 0.899
202112 0.858 117.630 0.944
202203 0.912 121.301 0.973
202206 0.967 125.017 1.001
202209 1.018 125.227 1.052
202212 1.080 125.222 1.116
202303 1.139 127.348 1.158
202306 1.211 128.729 1.217
202309 1.263 129.860 1.259
202312 0.962 129.419 0.962

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


Kerjaya Prospek Property Bhd  (XKLS:7077) 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.

Kerjaya Prospek Property Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.815/0.85
=0.96

* 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 Kerjaya Prospek Property Bhd was 1.22. The lowest was 0.69. And the median was 0.86.


Be Aware

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


Kerjaya Prospek Property Bhd Cyclically Adjusted Book per Share Related Terms

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


Kerjaya Prospek Property Bhd (XKLS:7077) Business Description

Traded in Other Exchanges
N/A
Address
No 1,Jalan Wangsa Permai, 1st Floor, Bangunan One Wangsa, Taman Wangsa Permai, Kuala Lumpur, SGR, MYS, 52200
Kerjaya Prospek Property Bhd is a property development company. Its business segments are Property Development and Hospitality. Property development segment Includes property development of residential and commercial properties. The hospitality segment Includes hotel, food and beverage, and recreation operation. The Property development segment derives the majority of the revenue.

Kerjaya Prospek Property Bhd (XKLS:7077) Headlines

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