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Malayan Banking Bhd (Malayan Banking Bhd) Cyclically Adjusted Book per Share : $1.61 (As of Mar. 2024)


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What is Malayan Banking 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.

Malayan Banking Bhd's adjusted book value per share for the three months ended in Mar. 2024 was $1.648. 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 $1.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Malayan Banking Bhd's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Malayan Banking Bhd was 8.00% per year. The lowest was 7.30% per year. And the median was 7.65% per year.

As of today (2024-05-26), Malayan Banking Bhd's current stock price is $1.988. Malayan Banking Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.61. Malayan Banking Bhd's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Malayan Banking Bhd was 1.47. The lowest was 1.09. And the median was 1.18.


Malayan Banking Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Malayan Banking 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.

Malayan Banking Bhd Cyclically Adjusted Book per Share Chart

Malayan Banking 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 1.42 1.25 1.61 1.75 1.53

Malayan Banking 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 1.81 1.75 1.29 1.53 1.61

Competitive Comparison of Malayan Banking Bhd's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Malayan Banking 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.


Malayan Banking Bhd's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Malayan Banking Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malayan Banking 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, Malayan Banking 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)
=1.648/131.7762*131.7762
=1.648

Current CPI (Mar. 2024) = 131.7762.

Malayan Banking Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.716 100.560 2.249
201409 1.668 100.428 2.189
201412 1.635 99.070 2.175
201503 1.623 99.621 2.147
201506 1.623 100.684 2.124
201509 1.419 100.392 1.863
201512 1.477 99.792 1.950
201603 1.565 100.470 2.053
201606 1.593 101.688 2.064
201609 1.570 101.861 2.031
201612 1.508 101.863 1.951
201703 1.561 102.862 2.000
201706 1.580 103.349 2.015
201709 1.617 104.136 2.046
201712 1.660 104.011 2.103
201803 1.721 105.290 2.154
201806 1.646 106.317 2.040
201809 1.609 106.507 1.991
201812 1.635 105.998 2.033
201903 1.706 107.251 2.096
201906 1.699 108.070 2.072
201909 1.687 108.329 2.052
201912 1.750 108.420 2.127
202003 1.615 108.902 1.954
202006 1.709 108.767 2.071
202009 1.786 109.815 2.143
202012 1.853 109.897 2.222
202103 1.787 111.754 2.107
202106 1.742 114.631 2.003
202109 1.722 115.734 1.961
202112 1.715 117.630 1.921
202203 1.668 121.301 1.812
202206 1.608 125.017 1.695
202209 1.548 125.227 1.629
202212 1.613 125.222 1.697
202303 1.596 127.348 1.651
202306 1.617 128.729 1.655
202309 1.613 129.860 1.637
202312 1.685 129.419 1.716
202403 1.648 131.776 1.648

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


Malayan Banking Bhd  (OTCPK:MLYNF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.988/1.61
=1.23

* 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 Malayan Banking Bhd was 1.47. The lowest was 1.09. And the median was 1.18.


Be Aware

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


Malayan Banking Bhd Cyclically Adjusted Book per Share Related Terms

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


Malayan Banking Bhd (Malayan Banking Bhd) Business Description

Industry
Traded in Other Exchanges
Address
100, Jalan Tun Perak, 14th Floor, Menara Maybank, Kuala Lumpur, SGR, MYS, 50050
Malayan Banking Bhd is a financial services group with a mostly regional presence in the Association of Southeast Asian Nations. The company's segment includes Group Community Financial Services; Group Corporate Banking and Global Markets; Group Investment Banking; Group Asset Management; Group Insurance and Takaful and Head Office and Others. It generates maximum revenue from the Group Community Financial Services segment.

Malayan Banking Bhd (Malayan Banking Bhd) Headlines