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Straits Energy Resources Bhd (XKLS:0080) Cyclically Adjusted Book per Share : RM0.14 (As of Mar. 2024)


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What is Straits Energy 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.

Straits Energy Resources Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.181. 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 RM0.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Straits Energy Resources Bhd's average Cyclically Adjusted Book Growth Rate was 16.70% 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.

As of today (2024-06-10), Straits Energy Resources Bhd's current stock price is RM0.135. Straits Energy Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.14. Straits Energy Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Straits Energy Resources Bhd was 2.67. The lowest was 0.81. And the median was 1.13.


Straits Energy Resources Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Straits Energy 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.

Straits Energy Resources Bhd Cyclically Adjusted Book per Share Chart

Straits Energy 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 - - 0.10 0.12 0.13

Straits Energy 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 0.12 0.13 0.13 0.13 0.14

Competitive Comparison of Straits Energy Resources Bhd's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Straits Energy 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.


Straits Energy Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Straits Energy Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Straits Energy 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, Straits Energy 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)
=0.181/131.7762*131.7762
=0.181

Current CPI (Mar. 2024) = 131.7762.

Straits Energy Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.039 100.560 0.051
201409 0.044 100.428 0.058
201412 0.036 99.070 0.048
201503 0.036 99.621 0.048
201506 0.036 100.684 0.047
201509 0.034 100.392 0.045
201512 0.039 99.792 0.051
201603 0.039 100.470 0.051
201606 0.039 101.688 0.051
201609 0.035 101.861 0.045
201612 0.048 101.863 0.062
201703 0.045 102.862 0.058
201706 0.059 103.349 0.075
201709 0.097 104.136 0.123
201712 0.099 104.011 0.125
201803 0.099 105.290 0.124
201806 0.095 106.317 0.118
201809 0.150 106.507 0.186
201812 0.153 105.998 0.190
201903 0.157 107.251 0.193
201906 0.164 108.070 0.200
201909 0.167 108.329 0.203
201912 0.170 108.420 0.207
202003 0.172 108.902 0.208
202006 0.172 108.767 0.208
202009 0.174 109.815 0.209
202012 0.175 109.897 0.210
202103 0.163 111.754 0.192
202106 0.164 114.631 0.189
202109 0.167 115.734 0.190
202112 0.168 117.630 0.188
202203 0.167 121.301 0.181
202206 0.175 125.017 0.184
202209 0.171 125.227 0.180
202212 0.169 125.222 0.178
202303 0.167 127.348 0.173
202306 0.175 128.729 0.179
202309 0.176 129.860 0.179
202312 0.179 129.419 0.182
202403 0.181 131.776 0.181

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


Straits Energy Resources Bhd  (XKLS:0080) 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.

Straits Energy Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.135/0.14
=0.96

* 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 Straits Energy Resources Bhd was 2.67. The lowest was 0.81. And the median was 1.13.


Be Aware

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


Straits Energy Resources Bhd Cyclically Adjusted Book per Share Related Terms

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


Straits Energy Resources Bhd (XKLS:0080) Business Description

Traded in Other Exchanges
N/A
Address
2, Jalan Kiara, Mont Kiara, B-07-06, Plaza Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
Straits Energy Resources Bhd is a Malaysia-based investment holding company engaged in oil trading and bunkering. Along with its subsidiaries, the entity is involved in the segments of Investment holding; Oil trading and bunkering services; Ship management services; Chartering services, Inland transportation services; Port operation and facility management services; and Others. It derives prime revenue from the Oil trading, bunkering services, and freshwater service segment which involves the international supply of petroleum products and the provision of marine bunkering and related services to vessels. Its geographic operations are located in Malaysia and Singapore.

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