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Digistar Bhd (XKLS:0029) Cyclically Adjusted Book per Share : RM0.41 (As of Dec. 2023)


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What is Digistar 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.

Digistar Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.145. 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 RM0.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Digistar Bhd's average Cyclically Adjusted Book Growth Rate was -10.90% 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.

As of today (2024-05-18), Digistar Bhd's current stock price is RM0.055. Digistar Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.41. Digistar Bhd's Cyclically Adjusted PB Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Digistar Bhd was 0.40. The lowest was 0.14. And the median was 0.18.


Digistar Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Digistar 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.

Digistar Bhd Cyclically Adjusted Book per Share Chart

Digistar Bhd 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 - - - 0.47 0.42

Digistar 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 0.46 0.45 0.43 0.42 0.41

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

For the Conglomerates subindustry, Digistar 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.


Digistar Bhd's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digistar Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Digistar 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, Digistar 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)
=0.145/129.4194*129.4194
=0.145

Current CPI (Dec. 2023) = 129.4194.

Digistar Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.679 99.695 0.881
201406 0.494 100.560 0.636
201409 0.555 100.428 0.715
201412 0.471 99.070 0.615
201503 0.500 99.621 0.650
201506 0.541 100.684 0.695
201509 0.412 100.392 0.531
201512 0.426 99.792 0.552
201603 0.469 100.470 0.604
201606 0.495 101.688 0.630
201609 0.493 101.861 0.626
201612 0.431 101.863 0.548
201703 0.482 102.862 0.606
201706 0.453 103.349 0.567
201709 0.466 104.136 0.579
201712 0.463 104.011 0.576
201803 0.460 105.290 0.565
201806 0.453 106.317 0.551
201809 0.280 106.507 0.340
201812 0.280 105.998 0.342
201903 0.276 107.251 0.333
201906 0.270 108.070 0.323
201909 0.268 108.329 0.320
201912 0.270 108.420 0.322
202003 0.224 108.902 0.266
202006 0.230 108.767 0.274
202009 0.223 109.815 0.263
202012 0.210 109.897 0.247
202103 0.204 111.754 0.236
202106 0.191 114.631 0.216
202109 0.191 115.734 0.214
202112 0.189 117.630 0.208
202203 0.185 121.301 0.197
202206 0.181 125.017 0.187
202209 0.175 125.227 0.181
202212 0.138 125.222 0.143
202303 0.152 127.348 0.154
202306 0.150 128.729 0.151
202309 0.145 129.860 0.145
202312 0.145 129.419 0.145

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


Digistar Bhd  (XKLS:0029) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.055/0.41
=0.13

* 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 Digistar Bhd was 0.40. The lowest was 0.14. And the median was 0.18.


Be Aware

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


Digistar Bhd Cyclically Adjusted Book per Share Related Terms

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


Digistar Bhd (XKLS:0029) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000
Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental, and hotel segment, Concession segment, and Property development segment. The Systems Integration segment is involved in the design, supply, installation, and integration of information technology infrastructure, teleconferencing, local area networks, interactive media management systems, radio & television news automation, and other related electronic systems. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities. It operates in a single geographical segment, which is Malaysia.

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