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Arka Bhd (XKLS:7218) Cyclically Adjusted Book per Share : RM1.10 (As of Dec. 2023)


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What is Arka 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.

Arka Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.966. 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 RM1.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Arka Bhd's average Cyclically Adjusted Book Growth Rate was 2.80% 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 (2024-06-05), Arka Bhd's current stock price is RM2.11. Arka Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.10. Arka Bhd's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arka Bhd was 5.10. The lowest was 1.36. And the median was 1.87.


Arka Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arka 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.

Arka Bhd Cyclically Adjusted Book per Share Chart

Arka 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 - - 1.01 1.07 1.10

Arka 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 1.07 1.09 1.10 1.10 1.10

Competitive Comparison of Arka Bhd's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Arka 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.


Arka Bhd's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Arka Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arka 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, Arka 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)
=0.966/129.4194*129.4194
=0.966

Current CPI (Dec. 2023) = 129.4194.

Arka Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.772 99.695 1.002
201406 0.773 100.560 0.995
201409 0.772 100.428 0.995
201412 0.778 99.070 1.016
201503 0.780 99.621 1.013
201506 0.787 100.684 1.012
201509 0.793 100.392 1.022
201512 0.788 99.792 1.022
201603 0.790 100.470 1.018
201606 1.072 101.688 1.364
201609 1.083 101.861 1.376
201612 1.065 101.863 1.353
201703 1.089 102.862 1.370
201706 1.090 103.349 1.365
201709 1.078 104.136 1.340
201712 1.021 104.011 1.270
201803 1.018 105.290 1.251
201806 1.015 106.317 1.236
201809 1.015 106.507 1.233
201812 1.023 105.998 1.249
201903 1.020 107.251 1.231
201906 1.014 108.070 1.214
201909 1.003 108.329 1.198
201912 0.887 108.420 1.059
202003 0.883 108.902 1.049
202006 0.873 108.767 1.039
202009 0.875 109.815 1.031
202012 0.831 109.897 0.979
202103 0.832 111.754 0.964
202106 0.849 114.631 0.959
202109 0.890 115.734 0.995
202112 0.909 117.630 1.000
202203 0.918 121.301 0.979
202206 0.921 125.017 0.953
202209 0.930 125.227 0.961
202212 0.938 125.222 0.969
202303 0.943 127.348 0.958
202306 0.941 128.729 0.946
202309 0.943 129.860 0.940
202312 0.966 129.419 0.966

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


Arka Bhd  (XKLS:7218) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.11/1.1
=1.92

* 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 Arka Bhd was 5.10. The lowest was 1.36. And the median was 1.87.


Be Aware

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


Arka Bhd Cyclically Adjusted Book per Share Related Terms

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


Arka Bhd (XKLS:7218) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arka Bhd (XKLS:7218) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Lot 2955, 2956 & 2957, Jalan Perusahaan Sungai Lokan 3, Kawasan Perusahaan Sungai Lokan, Butterworth, PNG, MYS, 13400
TransOcean Holdings Bhd is a provider of logistics and logistics related activities. The company provides trucking services and cross-border trucking services for consolidation cargo or loose truck loads services from the Malaysia-Singapore-Malaysia and Malaysia-Thailand-Malaysia routes. Its segments consist of Logistic solution that provide customs brokerage, warehousing, freight forwarding trucking related services, international air and ocean freight services; Tyre products that manufactures and trades in tyres; and Investment holdings that provides management services and letting of properties. Majority of the revenue is derived from the provision of custom brokerage, warehousing, freight forwarding trucking related services, international air and ocean freight services.

Arka Bhd (XKLS:7218) Headlines

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