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EVD Bhd (XKLS:0174) Cyclically Adjusted Book per Share : RM0.65 (As of Sep. 2023)


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What is EVD 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.

EVD Bhd's adjusted book value per share for the three months ended in Sep. 2023 was RM0.161. 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 RM0.65 for the trailing ten years ended in Sep. 2023.

During the past 12 months, EVD Bhd's average Cyclically Adjusted Book Growth Rate was -9.70% 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 (2024-04-30), EVD Bhd's current stock price is RM0.115. EVD Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was RM0.65. EVD Bhd's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of EVD Bhd was 0.74. The lowest was 0.15. And the median was 0.26.


EVD Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for EVD 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.

EVD Bhd Cyclically Adjusted Book per Share Chart

EVD Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.70

EVD Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.72 0.70 0.68 0.67 0.65

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

For the Software - Application subindustry, EVD 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.


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

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

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



EVD 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, EVD Bhd's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.161/129.8595*129.8595
=0.161

Current CPI (Sep. 2023) = 129.8595.

EVD Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.772 98.209 1.021
201306 0.770 98.518 1.015
201309 0.771 98.790 1.013
201312 0.774 98.326 1.022
201403 0.792 99.695 1.032
201406 1.241 100.560 1.603
201409 0.789 100.428 1.020
201412 0.819 99.070 1.074
201503 0.859 99.621 1.120
201506 0.955 100.684 1.232
201509 0.817 100.392 1.057
201512 0.767 99.792 0.998
201603 0.775 100.470 1.002
201606 0.777 101.688 0.992
201609 0.764 101.861 0.974
201612 0.789 101.863 1.006
201703 0.784 102.862 0.990
201706 0.770 103.349 0.968
201709 0.705 104.136 0.879
201803 0.460 105.290 0.567
201809 0.482 106.507 0.588
201812 0.470 105.998 0.576
201903 0.452 107.251 0.547
201906 0.225 108.070 0.270
201909 0.226 108.329 0.271
201912 0.267 108.420 0.320
202003 0.260 108.902 0.310
202006 0.187 108.767 0.223
202009 0.185 109.815 0.219
202012 0.187 109.897 0.221
202103 0.188 111.754 0.218
202106 0.187 114.631 0.212
202109 0.184 115.734 0.206
202112 0.184 117.630 0.203
202203 0.179 121.301 0.192
202209 0.186 125.227 0.193
202212 0.163 125.222 0.169
202303 0.165 127.348 0.168
202306 0.161 128.729 0.162
202309 0.161 129.860 0.161

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


EVD Bhd  (XKLS:0174) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.115/0.65
=0.18

* 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 11 years, the highest Cyclically Adjusted PB Ratio of EVD Bhd was 0.74. The lowest was 0.15. And the median was 0.26.


Be Aware

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


EVD Bhd Cyclically Adjusted Book per Share Related Terms

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


EVD Bhd (XKLS:0174) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » EVD Bhd (XKLS:0174) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
No. 5, Jalan Kajibumi U1/70, Kawasan Perindustrian Temasya, Shah Alam, SGR, MYS, 40150
EVD Bhd is an investment holding company. It operates through three main reportable segments: Transportation which is involved in the service rendered under railway and highway industries. Healthcare segment is involved in the service rendered in the hospitality industry. All other segment is involved in the investment holding and service and maintenance. The majority of the revenue was generated from the Transportation segment.

EVD Bhd (XKLS:0174) Headlines

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