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JcbNext Bhd (XKLS:0058) Cyclically Adjusted Book per Share : RM2.94 (As of Dec. 2024)


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What is JcbNext 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.

JcbNext Bhd's adjusted book value per share for the three months ended in Dec. 2024 was RM3.043. 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 RM2.94 for the trailing ten years ended in Dec. 2024.

During the past 12 months, JcbNext Bhd's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 JcbNext Bhd was 7.80% per year. The lowest was 5.70% per year. And the median was 6.75% per year.

As of today (2025-05-31), JcbNext Bhd's current stock price is RM1.68. JcbNext Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was RM2.94. JcbNext Bhd's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JcbNext Bhd was 0.69. The lowest was 0.46. And the median was 0.56.


JcbNext Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for JcbNext 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.

JcbNext Bhd Cyclically Adjusted Book per Share Chart

JcbNext Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.49 2.70 2.82 2.94

JcbNext Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.82 2.88 2.90 2.93 2.94

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

For the Asset Management subindustry, JcbNext 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.


JcbNext Bhd's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JcbNext Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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JcbNext 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, JcbNext Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.043/133.1571*133.1571
=3.043

Current CPI (Dec. 2024) = 133.1571.

JcbNext Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.960 99.621 2.620
201506 2.131 100.684 2.818
201509 2.158 100.392 2.862
201512 2.179 99.792 2.908
201603 2.144 100.470 2.842
201606 2.192 101.688 2.870
201609 2.283 101.861 2.984
201612 2.367 101.863 3.094
201703 2.442 102.862 3.161
201706 2.465 103.349 3.176
201709 2.400 104.136 3.069
201712 2.399 104.011 3.071
201803 2.334 105.290 2.952
201806 2.318 106.317 2.903
201809 2.389 106.507 2.987
201812 2.385 105.998 2.996
201903 2.427 107.251 3.013
201906 2.451 108.070 3.020
201909 2.420 108.329 2.975
201912 2.403 108.420 2.951
202003 2.393 108.902 2.926
202006 2.404 108.767 2.943
202009 2.349 109.815 2.848
202012 2.413 109.897 2.924
202103 2.514 111.754 2.995
202106 2.538 114.631 2.948
202109 2.567 115.734 2.953
202112 2.612 117.630 2.957
202203 2.673 121.301 2.934
202206 2.684 125.017 2.859
202209 2.590 125.227 2.754
202212 2.642 125.222 2.809
202303 2.737 127.348 2.862
202306 2.833 128.729 2.930
202309 2.750 129.860 2.820
202312 2.743 129.419 2.822
202403 2.848 131.776 2.878
202406 3.083 132.554 3.097
202409 2.953 133.029 2.956
202412 3.043 133.157 3.043

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


JcbNext Bhd  (XKLS:0058) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.68/2.94
=0.57

* 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 JcbNext Bhd was 0.69. The lowest was 0.46. And the median was 0.56.


Be Aware

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


JcbNext Bhd Cyclically Adjusted Book per Share Related Terms

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


JcbNext Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 27, Lorong Medan Tuanku 1, Off Jalan Sultan Ismai, Kuala Lumpur, MYS, 50300
JcbNext Bhd is an investment holding company. The company's operating segment includes Investment holding and Others. Its Investment holding segment includes equity investments, property investments, treasury investments, investment in associates, and property leasing. The other segment includes online advertising and contract staffing. It generates maximum revenue from the Investment holding segment.

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