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TPC Plus Bhd (XKLS:7176) Cyclically Adjusted Book per Share : RM0.34 (As of Mar. 2024)


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What is TPC Plus 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.

TPC Plus Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.382. 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 RM0.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TPC Plus Bhd's average Cyclically Adjusted Book Growth Rate was 9.70% 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 (2024-06-08), TPC Plus Bhd's current stock price is RM0.38. TPC Plus Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.34. TPC Plus Bhd's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TPC Plus Bhd was 1.45. The lowest was 0.58. And the median was 0.70.


TPC Plus Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for TPC Plus 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.

TPC Plus Bhd Cyclically Adjusted Book per Share Chart

TPC Plus 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 - - 0.29 0.31 0.33

TPC Plus 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 0.31 0.32 0.32 0.33 0.34

Competitive Comparison of TPC Plus Bhd's Cyclically Adjusted Book per Share

For the Farm Products subindustry, TPC Plus 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.


TPC Plus Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



TPC Plus 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, TPC Plus 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)
=0.382/131.7762*131.7762
=0.382

Current CPI (Mar. 2024) = 131.7762.

TPC Plus Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.127 100.560 0.166
201409 0.135 100.428 0.177
201412 0.149 99.070 0.198
201503 0.162 99.621 0.214
201506 0.162 100.684 0.212
201509 0.172 100.392 0.226
201512 0.176 99.792 0.232
201603 0.430 100.470 0.564
201606 0.438 101.688 0.568
201609 0.326 101.861 0.422
201612 0.373 101.863 0.483
201703 0.309 102.862 0.396
201706 0.300 103.349 0.383
201709 0.301 104.136 0.381
201712 0.351 104.011 0.445
201803 0.367 105.290 0.459
201806 0.342 106.317 0.424
201809 0.334 106.507 0.413
201812 0.365 105.998 0.454
201903 0.406 107.251 0.499
201906 0.399 108.070 0.487
201909 0.404 108.329 0.491
201912 0.374 108.420 0.455
202003 0.354 108.902 0.428
202006 0.319 108.767 0.386
202009 0.289 109.815 0.347
202012 0.273 109.897 0.327
202103 0.225 111.754 0.265
202106 0.166 114.631 0.191
202109 0.148 115.734 0.169
202112 0.204 117.630 0.229
202203 0.212 121.301 0.230
202206 0.214 125.017 0.226
202209 0.225 125.227 0.237
202212 0.228 125.222 0.240
202303 0.248 127.348 0.257
202306 0.268 128.729 0.274
202309 0.293 129.860 0.297
202312 0.369 129.419 0.376
202403 0.382 131.776 0.382

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


TPC Plus Bhd  (XKLS:7176) 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.

TPC Plus Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.38/0.34
=1.12

* 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 TPC Plus Bhd was 1.45. The lowest was 0.58. And the median was 0.70.


Be Aware

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


TPC Plus Bhd Cyclically Adjusted Book per Share Related Terms

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


TPC Plus Bhd (XKLS:7176) Business Description

Traded in Other Exchanges
N/A
Address
Lot 942, Simpang Ampat, Melaka, Alor Gajah, MYS, 78000
TPC Plus Bhd is engaged in the poultry farming business. It mainly involves in producing table eggs. The company through its production facilities across Malaysia grades, packs, and distributes shells eggs. Its products include Brown egg, Sandy egg, Omega egg, Liquid egg and Feeds among others. It operates mainly in Malayasia.

TPC Plus Bhd (XKLS:7176) Headlines

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