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HHRG Bhd (XKLS:0175) Cyclically Adjusted Book per Share : RM0.60 (As of Dec. 2023)


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What is HHRG 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.

HHRG Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.211. 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 RM0.60 for the trailing ten years ended in Dec. 2023.

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 (2024-06-20), HHRG Bhd's current stock price is RM0.22. HHRG Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.60. HHRG Bhd's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 9 years, the highest Cyclically Adjusted PB Ratio of HHRG Bhd was 0.64. The lowest was 0.31. And the median was 0.41.


HHRG Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for HHRG 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.

HHRG Bhd Cyclically Adjusted Book per Share Chart

HHRG Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
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HHRG Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 0.61 0.60

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

For the Farm Products subindustry, HHRG 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.


HHRG Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HHRG Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.211/129.4194*129.4194
=0.211

Current CPI (Dec. 2023) = 129.4194.

HHRG Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.355 98.326 0.467
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.617 100.428 0.795
201412 0.648 99.070 0.847
201503 0.666 99.621 0.865
201506 0.714 100.684 0.918
201509 0.737 100.392 0.950
201512 0.721 99.792 0.935
201603 0.724 100.470 0.933
201606 0.732 101.688 0.932
201609 0.727 101.861 0.924
201612 0.721 101.863 0.916
201703 0.726 102.862 0.913
201706 0.765 103.349 0.958
201709 0.777 104.136 0.966
201712 0.754 104.011 0.938
201803 0.733 105.290 0.901
201806 0.740 106.317 0.901
201809 0.743 106.507 0.903
201812 0.683 105.998 0.834
201903 0.685 107.251 0.827
201906 0.686 108.070 0.822
201909 0.626 108.329 0.748
202003 0.000 108.902 0.000
202006 0.261 108.767 0.311
202009 0.251 109.815 0.296
202012 0.119 109.897 0.140
202103 0.112 111.754 0.130
202106 0.132 114.631 0.149
202109 0.143 115.734 0.160
202112 0.168 117.630 0.185
202203 0.069 121.301 0.074
202206 0.180 125.017 0.186
202209 0.187 125.227 0.193
202212 0.194 125.222 0.201
202303 0.204 127.348 0.207
202306 0.205 128.729 0.206
202309 0.209 129.860 0.208
202312 0.211 129.419 0.211

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


HHRG Bhd  (XKLS:0175) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.22/0.6
=0.37

* 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 9 years, the highest Cyclically Adjusted PB Ratio of HHRG Bhd was 0.64. The lowest was 0.31. And the median was 0.41.


Be Aware

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


HHRG Bhd Cyclically Adjusted Book per Share Related Terms

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


HHRG Bhd (XKLS:0175) Business Description

Traded in Other Exchanges
N/A
Address
Lot No. 2945 (Plot A2), Jalan Sungai Baong, Kawasan Perindustrian Perabut, Sungai Baong, Mukim 5, Sungai Bakap, Pulau Pinang, Seberang Perai Selatan, PNG, MYS, 14200
HHRG Bhd and its subsidiaries are in the business of manufacturing and trading biomass materials, mattresses, and other related products. The company has three segments: the Biomass materials and related products segment involved in the manufacturing and trading of coconut fiber and oil palm empty fruit bunch fiber and other products; the Furniture products which manufacture and trade mattresses and related products; and Investment holdings and others. The company earns maximum revenue from Biomass materials.

HHRG Bhd (XKLS:0175) Headlines

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