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Heineken Malaysia Bhd (Heineken Malaysia Bhd) Cyclically Adjusted Book per Share : $0.26 (As of Mar. 2024)


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What is Heineken Malaysia 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.

Heineken Malaysia Bhd's adjusted book value per share for the three months ended in Mar. 2024 was $0.408. 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 $0.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Heineken Malaysia Bhd's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Heineken Malaysia Bhd was 2.60% per year. The lowest was 2.60% per year. And the median was 2.60% per year.

As of today (2024-06-10), Heineken Malaysia Bhd's current stock price is $4.00. Heineken Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.26. Heineken Malaysia Bhd's Cyclically Adjusted PB Ratio of today is 15.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Heineken Malaysia Bhd was 20.30. The lowest was 13.03. And the median was 16.32.


Heineken Malaysia Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Heineken Malaysia 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.

Heineken Malaysia Bhd Cyclically Adjusted Book per Share Chart

Heineken Malaysia Bhd Annual Data
Trend Jun13 Jun14 Jun15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.25

Heineken Malaysia 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 0.22 0.23 0.25 0.25 0.26

Competitive Comparison of Heineken Malaysia Bhd's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Heineken Malaysia 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.


Heineken Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Heineken Malaysia 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, Heineken Malaysia 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)
=0.408/131.7762*131.7762
=0.408

Current CPI (Mar. 2024) = 131.7762.

Heineken Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.341 98.326 0.457
201403 0.374 99.695 0.494
201406 0.367 100.560 0.481
201409 0.423 100.428 0.555
201412 0.336 99.070 0.447
201503 0.353 99.621 0.467
201506 0.333 100.684 0.436
201509 0.338 100.392 0.444
201512 0.291 99.792 0.384
201603 0.225 100.470 0.295
201609 0.232 101.861 0.300
201703 0.329 102.862 0.421
201706 0.249 103.349 0.317
201709 0.210 104.136 0.266
201712 0.293 104.011 0.371
201803 0.347 105.290 0.434
201806 0.259 106.317 0.321
201809 0.217 106.507 0.268
201812 0.295 105.998 0.367
201903 0.344 107.251 0.423
201906 0.260 108.070 0.317
201909 0.240 108.329 0.292
201912 0.315 108.420 0.383
202003 0.348 108.902 0.421
202006 0.335 108.767 0.406
202009 0.236 109.815 0.283
202012 0.285 109.897 0.342
202103 0.341 111.754 0.402
202106 0.236 114.631 0.271
202109 0.238 115.734 0.271
202112 0.311 117.630 0.348
202203 0.401 121.301 0.436
202206 0.298 125.017 0.314
202209 0.279 125.227 0.294
202212 0.367 125.222 0.386
202303 0.444 127.348 0.459
202306 0.281 128.729 0.288
202309 0.254 129.860 0.258
202312 0.326 129.419 0.332
202403 0.408 131.776 0.408

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


Heineken Malaysia Bhd  (OTCPK:GUANF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.00/0.26
=15.38

* 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 Heineken Malaysia Bhd was 20.30. The lowest was 13.03. And the median was 16.32.


Be Aware

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


Heineken Malaysia Bhd Cyclically Adjusted Book per Share Related Terms

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


Heineken Malaysia Bhd (Heineken Malaysia Bhd) Business Description

Traded in Other Exchanges
Address
Batu 9, Jalan Klang Lama, Sungei Way Brewery, Lot 1135, Petaling Jaya, SGR, MYS, 46000
Heineken Malaysia Bhd is engaged in the production, packaging, marketing and distribution of beverages, mainly alcoholic. The portfolio of the company includes various iconic brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand inspired cider - Apple Fox Cider, The premium Irish ale - Kilkenny, The real shandy - Anglia and others.

Heineken Malaysia Bhd (Heineken Malaysia Bhd) Headlines

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