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Key Asic Bhd (XKLS:0143) Cyclically Adjusted Book per Share : RM0.04 (As of Feb. 2024)


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What is Key Asic 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.

Key Asic Bhd's adjusted book value per share for the three months ended in Feb. 2024 was RM0.019. 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 RM0.04 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Key Asic Bhd's average Cyclically Adjusted Book Growth Rate was -20.00% 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 (2024-06-21), Key Asic Bhd's current stock price is RM0.06. Key Asic Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was RM0.04. Key Asic Bhd's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Key Asic Bhd was 2.25. The lowest was 0.60. And the median was 1.25.


Key Asic Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Key Asic 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.

Key Asic Bhd Cyclically Adjusted Book per Share Chart

Key Asic Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.05 0.04

Key Asic Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.05 0.04 0.04 0.04 0.04

Competitive Comparison of Key Asic Bhd's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Key Asic 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.


Key Asic Bhd's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.019/130.9299*130.9299
=0.019

Current CPI (Feb. 2024) = 130.9299.

Key Asic Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.084 98.326 0.112
201403 0.078 99.695 0.102
201406 0.073 100.560 0.095
201409 0.068 100.428 0.089
201412 0.041 99.070 0.054
201503 0.035 99.621 0.046
201506 0.031 100.684 0.040
201509 0.025 100.392 0.033
201512 0.028 99.792 0.037
201603 0.029 100.470 0.038
201606 0.027 101.688 0.035
201609 0.023 101.861 0.030
201703 0.021 102.862 0.027
201708 0.024 103.587 0.030
201711 0.025 104.072 0.031
201802 0.018 105.052 0.022
201805 0.028 106.148 0.035
201808 0.034 106.383 0.042
201811 0.036 106.338 0.044
201902 0.035 106.649 0.043
201905 0.034 108.048 0.041
201908 0.031 108.245 0.037
201911 0.029 108.519 0.035
202002 0.024 109.139 0.029
202005 0.019 108.175 0.023
202008 0.022 109.662 0.026
202011 0.023 109.793 0.027
202102 0.021 110.968 0.025
202105 0.029 113.576 0.033
202108 0.028 115.421 0.032
202111 0.030 117.269 0.033
202202 0.029 119.703 0.032
202205 0.026 123.323 0.028
202208 0.024 124.958 0.025
202211 0.023 125.607 0.024
202302 0.023 126.928 0.024
202305 0.024 128.314 0.024
202308 0.021 129.538 0.021
202311 0.021 129.548 0.021
202402 0.019 130.930 0.019

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


Key Asic Bhd  (XKLS:0143) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06/0.04
=1.50

* 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 Key Asic Bhd was 2.25. The lowest was 0.60. And the median was 1.25.


Be Aware

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


Key Asic Bhd Cyclically Adjusted Book per Share Related Terms

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


Key Asic Bhd (XKLS:0143) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure, and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

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