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SMTrack Bhd (XKLS:0169) Cyclically Adjusted Book per Share : RM0.18 (As of Dec. 2024)


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What is SMTrack 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.

SMTrack Bhd's adjusted book value per share for the three months ended in Dec. 2024 was RM0.036. 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 RM0.18 for the trailing ten years ended in Dec. 2024.

During the past 12 months, SMTrack Bhd's average Cyclically Adjusted Book Growth Rate was -30.80% 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 (2025-05-31), SMTrack Bhd's current stock price is RM0.01. SMTrack Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was RM0.18. SMTrack Bhd's Cyclically Adjusted PB Ratio of today is 0.06.

During the past 8 years, the highest Cyclically Adjusted PB Ratio of SMTrack Bhd was 0.28. The lowest was 0.06. And the median was 0.14.


SMTrack Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for SMTrack 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.

SMTrack Bhd Cyclically Adjusted Book per Share Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul17 Jul18 Jul19
Cyclically Adjusted Book per Share
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SMTrack Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 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 0.26 0.24 0.22 0.20 0.18

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

For the Information Technology Services subindustry, SMTrack 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.


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

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

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


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SMTrack 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, SMTrack 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)
=0.036/133.1571*133.1571
=0.036

Current CPI (Dec. 2024) = 133.1571.

SMTrack Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.425 98.790 0.573
201312 0.396 98.326 0.536
201403 0.368 99.695 0.492
201406 0.339 100.560 0.449
201412 0.219 99.070 0.294
201503 0.222 99.621 0.297
201506 0.220 100.684 0.291
201509 0.220 100.392 0.292
201512 0.233 99.792 0.311
201606 0.188 101.688 0.246
201610 0.201 101.988 0.262
201701 0.194 102.456 0.252
201704 0.194 103.167 0.250
201707 0.098 103.278 0.126
201710 0.113 104.070 0.145
201801 0.090 104.578 0.115
201804 0.119 105.708 0.150
201807 0.088 106.324 0.110
201810 0.089 106.695 0.111
201901 0.088 106.200 0.110
201904 0.091 107.818 0.112
201907 0.077 108.250 0.095
201910 0.102 108.577 0.125
202001 0.102 108.841 0.125
202004 0.101 108.173 0.124
202007 0.044 109.318 0.054
202010 0.103 109.861 0.125
202101 0.053 110.364 0.064
202104 0.102 112.673 0.121
202110 0.099 116.696 0.113
202203 0.080 121.301 0.088
202206 0.079 125.017 0.084
202209 0.075 125.227 0.080
202212 0.000 125.222 0.000
202303 0.065 127.348 0.068
202309 0.061 129.860 0.063
202312 0.058 129.419 0.060
202403 0.056 131.776 0.057
202409 0.045 133.029 0.045
202412 0.036 133.157 0.036

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


SMTrack Bhd  (XKLS:0169) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.01/0.18
=0.06

* 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 8 years, the highest Cyclically Adjusted PB Ratio of SMTrack Bhd was 0.28. The lowest was 0.06. And the median was 0.14.


Be Aware

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


SMTrack Bhd Cyclically Adjusted Book per Share Related Terms

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


SMTrack Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SMTrack Bhd (XKLS:0169) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Unit 29-7, The Bouvelard, Mid Valley City, 7th Floor, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in the Investment holding and others segment, the Delivery segment, and the Beauty and wellness segment. It derives the majority of its revenues from the Beauty and wellness segment.

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