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Managepay Systems Bhd (XKLS:0156) Cyclically Adjusted Book per Share : RM0.14 (As of Mar. 2025)


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What is Managepay Systems 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.

Managepay Systems Bhd's adjusted book value per share for the three months ended in Mar. 2025 was RM0.084. 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. 2025.

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 (2025-05-31), Managepay Systems Bhd's current stock price is RM0.08. Managepay Systems Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was RM0.14. Managepay Systems Bhd's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Managepay Systems Bhd was 1.89. The lowest was 0.50. And the median was 0.86.


Managepay Systems Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Managepay Systems 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.

Managepay Systems Bhd Cyclically Adjusted Book per Share Chart

Managepay Systems Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.14

Managepay Systems Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24 Dec24 Mar25
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 0.14 0.14 0.14 0.14 0.14

Competitive Comparison of Managepay Systems Bhd's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Managepay Systems 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.


Managepay Systems Bhd's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Managepay Systems Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Managepay Systems 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, Managepay Systems Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.084/134.9266*134.9266
=0.084

Current CPI (Mar. 2025) = 134.9266.

Managepay Systems Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.128 99.070 0.174
201503 0.128 99.621 0.173
201506 0.129 100.684 0.173
201509 0.151 100.392 0.203
201512 0.149 99.792 0.201
201603 0.147 100.470 0.197
201606 0.148 101.688 0.196
201609 0.143 101.861 0.189
201612 0.143 101.863 0.189
201703 0.139 102.862 0.182
201706 0.136 103.349 0.178
201709 0.132 104.136 0.171
201712 0.134 104.011 0.174
201803 0.130 105.290 0.167
201806 0.128 106.317 0.162
201809 0.124 106.507 0.157
201812 0.122 105.998 0.155
201903 0.119 107.251 0.150
201906 0.115 108.070 0.144
201909 0.115 108.329 0.143
201912 0.114 108.420 0.142
202003 0.107 108.902 0.133
202006 0.098 108.767 0.122
202009 0.100 109.815 0.123
202012 0.067 109.897 0.082
202103 0.072 111.754 0.087
202106 0.082 114.631 0.097
202109 0.096 115.734 0.112
202112 0.099 117.630 0.114
202203 0.097 121.301 0.108
202206 0.094 125.017 0.101
202209 0.091 125.227 0.098
202212 0.089 125.222 0.096
202303 0.085 127.348 0.090
202306 0.082 128.729 0.086
202309 0.078 129.860 0.081
202403 0.073 131.776 0.075
202409 0.076 133.029 0.077
202412 0.081 133.157 0.082
202503 0.084 134.927 0.084

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


Managepay Systems Bhd  (XKLS:0156) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.08/0.14
=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 12 years, the highest Cyclically Adjusted PB Ratio of Managepay Systems Bhd was 1.89. The lowest was 0.50. And the median was 0.86.


Be Aware

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


Managepay Systems Bhd Cyclically Adjusted Book per Share Related Terms

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


Managepay Systems Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Wisma MPSB, Lot 107 - 113, Jalan USJ 21/10, Subang Jaya, MYS, 47630
Managepay Systems Bhd is an investment holding company. The company operates in two segments: Fintech services includes the provision of e-payment services, e-money services, MasterCard prepaid card services, provision of money lending services licensed by the Ministry of Housing and Local Government, and provision and operations of peer-to-peer (P2P) financing platform licensed by the Securities Commission Malaysia (SC), domestics and cross border remittance; and Non-fintech services segment includes the development, marketing and trading of information and communication technology products, project management, e-commerce, mobile virtual network operator, business outsourcing services and loyalty management services.

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