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Genting Bhd (Genting Bhd) Cyclically Adjusted Book per Share : $11.15 (As of Dec. 2023)


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What is Genting 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.

Genting Bhd's adjusted book value per share for the three months ended in Dec. 2023 was $9.388. 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 $11.15 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Genting Bhd's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Genting Bhd was 7.30% per year. The lowest was 5.20% per year. And the median was 6.25% per year.

As of today (2024-05-26), Genting Bhd's current stock price is $4.87. Genting Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.15. Genting Bhd's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Genting Bhd was 0.73. The lowest was 0.32. And the median was 0.44.


Genting Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Genting 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.

Genting Bhd Cyclically Adjusted Book per Share Chart

Genting 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 10.60 11.98 11.90 12.11 11.15

Genting 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 12.11 11.30 11.10 11.68 11.15

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

For the Resorts & Casinos subindustry, Genting 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.


Genting Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Genting 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, Genting 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)
=9.388/129.4194*129.4194
=9.388

Current CPI (Dec. 2023) = 129.4194.

Genting Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.207 99.695 17.145
201406 13.387 100.560 17.229
201409 13.238 100.428 17.060
201412 12.738 99.070 16.640
201503 12.572 99.621 16.332
201506 12.674 100.684 16.291
201509 12.261 100.392 15.806
201512 12.242 99.792 15.876
201603 12.228 100.470 15.751
201606 12.668 101.688 16.123
201609 12.901 101.861 16.391
201612 12.397 101.863 15.751
201703 12.863 102.862 16.184
201706 12.971 103.349 16.243
201709 11.294 104.136 14.036
201712 10.831 104.011 13.477
201803 11.174 105.290 13.735
201806 10.959 106.317 13.340
201809 10.586 106.507 12.863
201812 10.676 105.998 13.035
201903 10.864 107.251 13.110
201906 10.851 108.070 12.995
201909 10.812 108.329 12.917
201912 11.065 108.420 13.208
202003 10.587 108.902 12.582
202006 10.401 108.767 12.376
202009 10.399 109.815 12.255
202012 10.557 109.897 12.432
202103 10.452 111.754 12.104
202106 10.246 114.631 11.568
202109 10.019 115.734 11.204
202112 9.803 117.630 10.786
202203 9.840 121.301 10.499
202206 9.387 125.017 9.718
202209 9.244 125.227 9.554
202212 9.328 125.222 9.641
202303 9.245 127.348 9.395
202306 9.325 128.729 9.375
202309 9.283 129.860 9.252
202312 9.388 129.419 9.388

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


Genting Bhd  (OTCPK:GEBHY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.87/11.15
=0.44

* 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 Genting Bhd was 0.73. The lowest was 0.32. And the median was 0.44.


Be Aware

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


Genting Bhd Cyclically Adjusted Book per Share Related Terms

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


Genting Bhd (Genting Bhd) Business Description

Industry
Traded in Other Exchanges
Address
Jalan Sultan Ismail, 25th Floor, Wisma Genting, Kuala Lumpur, MYS, 50250
Genting Bhd is a diversified holdings company primarily operating in the resorts and casinos industry. The company's primary business segment is Leisure & Hospitality, but the business has several smaller segments: Plantation, Power, Property, and Oil & Gas. The Leisure & Hospitality segment operates numerous resorts worldwide, many of which have casinos, theme parks, concerts, restaurants, and retail shopping locations. Additionally, the company has diversified segments, which control farmland, oil and gas, and real estate. The company generates the vast majority of its revenue from Malaysia and Singapore.