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Keong Hong Holdings (SGX:5TT) Cyclically Adjusted Book per Share : S$0.71 (As of Mar. 2024)


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What is Keong Hong Holdings 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.

Keong Hong Holdings's adjusted book value per share for the three months ended in Mar. 2024 was S$0.236. 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 S$0.71 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Keong Hong Holdings's current stock price is S$0.114. Keong Hong Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was S$0.71. Keong Hong Holdings's Cyclically Adjusted PB Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Keong Hong Holdings was 0.43. The lowest was 0.13. And the median was 0.24.


Keong Hong Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Keong Hong Holdings'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.

Keong Hong Holdings Cyclically Adjusted Book per Share Chart

Keong Hong Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.71

Keong Hong Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Sep23 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 - - 0.74 0.71 0.71

Competitive Comparison of Keong Hong Holdings's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Keong Hong Holdings'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.


Keong Hong Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Keong Hong Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Keong Hong Holdings's Cyclically Adjusted PB Ratio falls into.



Keong Hong Holdings 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, Keong Hong Holdings'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)
=0.236/131.7762*131.7762
=0.236

Current CPI (Mar. 2024) = 131.7762.

Keong Hong Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201109 0.123 95.727 0.169
201203 0.146 96.783 0.199
201209 0.209 97.633 0.282
201303 0.212 98.209 0.284
201309 0.275 98.790 0.367
201312 0.000 98.326 0.000
201403 0.303 99.695 0.401
201406 0.000 100.560 0.000
201409 0.342 100.428 0.449
201412 0.366 99.070 0.487
201503 0.370 99.621 0.489
201506 0.391 100.684 0.512
201509 0.493 100.392 0.647
201512 0.512 99.792 0.676
201603 0.498 100.470 0.653
201606 0.520 101.688 0.674
201609 0.595 101.861 0.770
201612 0.612 101.863 0.792
201703 0.594 102.862 0.761
201706 0.608 103.349 0.775
201709 0.853 104.136 1.079
201712 0.842 104.011 1.067
201803 0.847 105.290 1.060
201806 0.880 106.317 1.091
201809 0.962 106.507 1.190
201812 0.946 105.998 1.176
201903 0.935 107.251 1.149
201906 0.947 108.070 1.155
201909 0.949 108.329 1.154
202003 0.975 108.902 1.180
202009 0.798 109.815 0.958
202103 0.792 111.754 0.934
202106 0.000 114.631 0.000
202109 0.675 115.734 0.769
202203 0.632 121.301 0.687
202206 0.586 125.017 0.618
202209 0.472 125.227 0.497
202303 0.469 127.348 0.485
202309 0.274 129.860 0.278
202403 0.236 131.776 0.236

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


Keong Hong Holdings  (SGX:5TT) 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.

Keong Hong Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.114/0.71
=0.16

* 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 Keong Hong Holdings was 0.43. The lowest was 0.13. And the median was 0.24.


Be Aware

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


Keong Hong Holdings Cyclically Adjusted Book per Share Related Terms

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


Keong Hong Holdings (SGX:5TT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9 Sungei Kadut Street 2, Singapore, SGP, 729230
Keong Hong Holdings Ltd is an investment holding company. The company operates in Four segments: Construction, Property Development, hotel development, Investment holding, and Investment property. It derives the majority of its revenue from the construction segment. Its geographical segments include Singapore, Maldives, and Japan, of which Singapore contributes to the majority of the revenue.

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