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Three-A Resources Bhd (XKLS:0012) Cyclically Adjusted Book per Share : RM0.82 (As of Mar. 2024)


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What is Three-A Resources 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.

Three-A Resources Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.947. 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 RM0.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Three-A Resources Bhd's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Three-A Resources Bhd was 10.20% per year. The lowest was 9.70% per year. And the median was 9.95% per year.

As of today (2024-06-19), Three-A Resources Bhd's current stock price is RM0.935. Three-A Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.82. Three-A Resources Bhd's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Three-A Resources Bhd was 1.74. The lowest was 0.97. And the median was 1.29.


Three-A Resources Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Three-A Resources 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.

Three-A Resources Bhd Cyclically Adjusted Book per Share Chart

Three-A Resources 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 0.56 0.59 0.66 0.74 0.79

Three-A Resources 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 0.76 0.77 0.79 0.79 0.82

Competitive Comparison of Three-A Resources Bhd's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Three-A Resources 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.


Three-A Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Three-A Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Three-A Resources Bhd's Cyclically Adjusted PB Ratio falls into.



Three-A Resources 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, Three-A Resources 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)
=0.947/131.7762*131.7762
=0.947

Current CPI (Mar. 2024) = 131.7762.

Three-A Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.462 100.560 0.605
201409 0.472 100.428 0.619
201412 0.471 99.070 0.626
201503 0.479 99.621 0.634
201506 0.493 100.684 0.645
201509 0.511 100.392 0.671
201512 0.504 99.792 0.666
201603 0.516 100.470 0.677
201606 0.534 101.688 0.692
201609 0.555 101.861 0.718
201612 0.568 101.863 0.735
201703 0.589 102.862 0.755
201706 0.607 103.349 0.774
201709 0.624 104.136 0.790
201712 0.629 104.011 0.797
201803 0.641 105.290 0.802
201806 0.652 106.317 0.808
201809 0.669 106.507 0.828
201812 0.668 105.998 0.830
201903 0.683 107.251 0.839
201906 0.696 108.070 0.849
201909 0.707 108.329 0.860
201912 0.708 108.420 0.861
202003 0.726 108.902 0.878
202006 0.740 108.767 0.897
202009 0.752 109.815 0.902
202012 0.748 109.897 0.897
202103 0.775 111.754 0.914
202106 0.801 114.631 0.921
202109 0.825 115.734 0.939
202112 0.812 117.630 0.910
202203 0.839 121.301 0.911
202206 0.861 125.017 0.908
202209 0.877 125.227 0.923
202212 0.859 125.222 0.904
202303 0.868 127.348 0.898
202306 0.892 128.729 0.913
202309 0.923 129.860 0.937
202312 0.921 129.419 0.938
202403 0.947 131.776 0.947

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


Three-A Resources Bhd  (XKLS:0012) 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.

Three-A Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.935/0.82
=1.14

* 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 Three-A Resources Bhd was 1.74. The lowest was 0.97. And the median was 1.29.


Be Aware

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


Three-A Resources Bhd Cyclically Adjusted Book per Share Related Terms

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


Three-A Resources Bhd (XKLS:0012) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Industri, U19, AI 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160
Three-A Resources Bhd is a food and beverage manufacturer. The activities of the company are involved in manufacturing and sale of food and beverages ingredients and investment holding. The company manufactures and trades in Liquid Caramel, Natural Fermented Vinegar, Distilled Vinegar, Glucose Syrup, Vinegar, High Maltose Syrup, Soya Protein Sauce, Hydrolyzed Vegetable Protein Powder, Caramel Powder, Soya Sauce Powder, and Maltodextrin. The majority of the revenue is collected from Malaysia with Singapore and others following.

Three-A Resources Bhd (XKLS:0012) Headlines

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