GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Progressive Impact Corp Bhd (XKLS:7201) » Definitions » Cyclically Adjusted Book per Share

Progressive Impact Bhd (XKLS:7201) Cyclically Adjusted Book per Share : RM0.15 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Progressive Impact 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.

Progressive Impact Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.071. 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 RM0.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Progressive Impact Bhd's average Cyclically Adjusted Book Growth Rate was -6.30% 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 (2024-06-10), Progressive Impact Bhd's current stock price is RM0.08. Progressive Impact Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.15. Progressive Impact Bhd's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Progressive Impact Bhd was 2.06. The lowest was 0.44. And the median was 0.63.


Progressive Impact Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Progressive Impact 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.

Progressive Impact Bhd Cyclically Adjusted Book per Share Chart

Progressive Impact 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 - - 0.16 0.16 0.15

Progressive Impact 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 0.16 0.16 0.15 0.15 0.15

Competitive Comparison of Progressive Impact Bhd's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Progressive Impact 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.


Progressive Impact Bhd's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Progressive Impact Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Progressive Impact 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, Progressive Impact 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)
=0.071/131.7762*131.7762
=0.071

Current CPI (Mar. 2024) = 131.7762.

Progressive Impact Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.169 100.560 0.221
201409 0.172 100.428 0.226
201412 0.169 99.070 0.225
201503 0.173 99.621 0.229
201506 0.176 100.684 0.230
201509 0.175 100.392 0.230
201512 0.146 99.792 0.193
201603 0.143 100.470 0.188
201606 0.142 101.688 0.184
201609 0.144 101.861 0.186
201612 0.134 101.863 0.173
201703 0.138 102.862 0.177
201706 0.128 103.349 0.163
201709 0.127 104.136 0.161
201712 0.129 104.011 0.163
201803 0.130 105.290 0.163
201806 0.124 106.317 0.154
201809 0.120 106.507 0.148
201812 0.122 105.998 0.152
201903 0.123 107.251 0.151
201906 0.122 108.070 0.149
201909 0.121 108.329 0.147
201912 0.122 108.420 0.148
202003 0.120 108.902 0.145
202006 0.118 108.767 0.143
202009 0.111 109.815 0.133
202012 0.112 109.897 0.134
202103 0.111 111.754 0.131
202106 0.106 114.631 0.122
202109 0.094 115.734 0.107
202112 0.100 117.630 0.112
202203 0.097 121.301 0.105
202206 0.093 125.017 0.098
202209 0.085 125.227 0.089
202212 0.080 125.222 0.084
202303 0.078 127.348 0.081
202306 0.076 128.729 0.078
202309 0.074 129.860 0.075
202312 0.073 129.419 0.074
202403 0.071 131.776 0.071

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


Progressive Impact Bhd  (XKLS:7201) 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.

Progressive Impact Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.08/0.15
=0.53

* 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 Progressive Impact Bhd was 2.06. The lowest was 0.44. And the median was 0.63.


Be Aware

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


Progressive Impact Bhd Cyclically Adjusted Book per Share Related Terms

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


Progressive Impact Bhd (XKLS:7201) Business Description

Traded in Other Exchanges
N/A
Address
Lot 10, Jalan Astaka U8/84, Suite 5.02, Mercu PICORP, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Progressive Impact Corp Bhd is a Malaysia-based investment company engaged in the provision of environmental consulting and monitoring, monitoring systems integration, ocean data monitoring, laboratory testing services, and wastewater treatment and solution. The group's business segments are Environmental consultancy and monitoring services that provide environmental-related services, Laboratory testing services that offer chemical testing, consultancy, and other related services, and Wastewater treatment and solutions engaged in the provision of sewerage and solid waste management systems. It operates in Malaysia, Indonesia, and Saudi Arabia, and generates its key revenue from Malaysia.

Progressive Impact Bhd (XKLS:7201) Headlines

No Headlines