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Sarawak Consolidated Industries Bhd (XKLS:9237) Cyclically Adjusted Book per Share : RM0.22 (As of Dec. 2023)


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What is Sarawak Consolidated Industries 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.

Sarawak Consolidated Industries Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.215. 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 RM0.22 for the trailing ten years ended in Dec. 2023.

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 (2024-05-25), Sarawak Consolidated Industries Bhd's current stock price is RM0.265. Sarawak Consolidated Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.22. Sarawak Consolidated Industries Bhd's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sarawak Consolidated Industries Bhd was 5.27. The lowest was 0.55. And the median was 1.02.


Sarawak Consolidated Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sarawak Consolidated Industries 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.

Sarawak Consolidated Industries Bhd Cyclically Adjusted Book per Share Chart

Sarawak Consolidated Industries Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.22 0.22

Sarawak Consolidated Industries Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 0.22 0.22 0.22 0.22 0.22

Competitive Comparison of Sarawak Consolidated Industries Bhd's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Sarawak Consolidated Industries 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.


Sarawak Consolidated Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sarawak Consolidated Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sarawak Consolidated Industries 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, Sarawak Consolidated Industries 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)
=0.215/129.4194*129.4194
=0.215

Current CPI (Dec. 2023) = 129.4194.

Sarawak Consolidated Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.180 98.326 0.237
201403 0.180 99.695 0.234
201406 0.182 100.560 0.234
201409 0.185 100.428 0.238
201412 0.170 99.070 0.222
201503 0.174 99.621 0.226
201506 0.177 100.684 0.228
201509 0.176 100.392 0.227
201512 0.171 99.792 0.222
201603 0.169 100.470 0.218
201606 0.165 101.688 0.210
201609 0.163 101.861 0.207
201612 0.176 101.863 0.224
201703 0.173 102.862 0.218
201706 0.158 103.349 0.198
201709 0.160 104.136 0.199
201712 0.171 104.011 0.213
201803 0.172 105.290 0.211
201806 0.152 106.317 0.185
201809 0.154 106.507 0.187
201812 0.142 105.998 0.173
201903 0.147 107.251 0.177
201906 0.147 108.070 0.176
201909 0.149 108.329 0.178
201912 0.151 108.420 0.180
202003 0.164 108.902 0.195
202006 0.261 108.767 0.311
202009 0.276 109.815 0.325
202103 0.353 111.754 0.409
202106 0.200 114.631 0.226
202109 0.292 115.734 0.327
202112 0.226 117.630 0.249
202203 0.223 121.301 0.238
202206 0.164 125.017 0.170
202209 0.161 125.227 0.166
202212 0.157 125.222 0.162
202303 0.149 127.348 0.151
202306 0.129 128.729 0.130
202309 0.212 129.860 0.211
202312 0.215 129.419 0.215

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


Sarawak Consolidated Industries Bhd  (XKLS:9237) 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.

Sarawak Consolidated Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.265/0.22
=1.20

* 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 Sarawak Consolidated Industries Bhd was 5.27. The lowest was 0.55. And the median was 1.02.


Be Aware

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


Sarawak Consolidated Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Sarawak Consolidated Industries Bhd (XKLS:9237) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1258, Jalan Utama, Pending Industrial Estate, Kuching, SWK, MYS, 93450
Sarawak Consolidated Industries Bhd is an investment holding company. The company's business segments are manufacturing, property trading, Corporate and Construction/EPCC/Project Management Segment. It generates maximum revenue from the Manufacturing segment. Manufacturing Segment involved in the manufacturing and sale of precast concrete pipes, prestressed spun concrete piles and other related concrete products as well as the manufacturing, supplying and installations of prefabricated Lightweight Systems products. Geographically it derives majority of revenue from Malaysia and also in presence in Indonesia, Oman and Qatar.

Sarawak Consolidated Industries Bhd (XKLS:9237) Headlines

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