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Advance Synergy Bhd (XKLS:1481) Cyclically Adjusted Book per Share : RM0.52 (As of Mar. 2024)


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What is Advance Synergy 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.

Advance Synergy Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.163. 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 RM0.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Advance Synergy Bhd's average Cyclically Adjusted Book Growth Rate was -10.30% 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 (2024-06-20), Advance Synergy Bhd's current stock price is RM0.12. Advance Synergy Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.52. Advance Synergy Bhd's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Advance Synergy Bhd was 0.36. The lowest was 0.09. And the median was 0.21.


Advance Synergy Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Advance Synergy 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.

Advance Synergy Bhd Cyclically Adjusted Book per Share Chart

Advance Synergy Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.62 0.59 0.53

Advance Synergy Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.58 0.57 0.56 0.53 0.52

Competitive Comparison of Advance Synergy Bhd's Cyclically Adjusted Book per Share

For the Travel Services subindustry, Advance Synergy 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.


Advance Synergy Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advance Synergy Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Advance Synergy 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, Advance Synergy Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.163/131.7762*131.7762
=0.163

Current CPI (Mar. 2024) = 131.7762.

Advance Synergy Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.714 100.560 0.936
201409 0.563 100.428 0.739
201412 0.565 99.070 0.752
201503 0.562 99.621 0.743
201506 0.556 100.684 0.728
201509 0.579 100.392 0.760
201512 0.561 99.792 0.741
201603 0.552 100.470 0.724
201606 0.552 101.688 0.715
201609 0.552 101.861 0.714
201612 0.571 101.863 0.739
201703 0.563 102.862 0.721
201706 0.553 103.349 0.705
201709 0.547 104.136 0.692
201712 0.540 104.011 0.684
201803 0.388 105.290 0.486
201806 0.382 106.317 0.473
201809 0.378 106.507 0.468
201812 0.384 105.998 0.477
201903 0.385 107.251 0.473
201906 0.384 108.070 0.468
201909 0.370 108.329 0.450
201912 0.439 108.420 0.534
202003 0.432 108.902 0.523
202006 0.422 108.767 0.511
202009 0.406 109.815 0.487
202012 0.412 109.897 0.494
202103 0.398 111.754 0.469
202106 0.396 114.631 0.455
202109 0.388 115.734 0.442
202112 0.408 117.630 0.457
202203 0.408 121.301 0.443
202206 0.403 125.017 0.425
202209 0.173 125.227 0.182
202212 0.193 125.222 0.203
202303 0.194 127.348 0.201
202306 0.193 128.729 0.198
202309 0.187 129.860 0.190
202312 0.166 129.419 0.169
202403 0.163 131.776 0.163

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


Advance Synergy Bhd  (XKLS:1481) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.12/0.52
=0.23

* 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 Advance Synergy Bhd was 0.36. The lowest was 0.09. And the median was 0.21.


Be Aware

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


Advance Synergy Bhd Cyclically Adjusted Book per Share Related Terms

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


Advance Synergy Bhd (XKLS:1481) Business Description

Traded in Other Exchanges
N/A
Address
Synergy 9, 9 Jalan Kajibumi U1/70,, Ground Floor, Temasya Glenmarie, Shah Alam, SGR, MYS, 40150
Advance Synergy Bhd is an investment holding company. Its segments include Investment Holding, which provides corporate and financial support to the group; Property Development engages in the development of residential and commercial properties; the Information and Communications Technology segment is engaged in the design and development of telecommunications software applications and systems; Travel and Tours segment is involved in the money services business and provision of travel-related services; Financial Services includes payment card issuing and acquiring and related services and money services business and Others segment. It operates mainly in Malaysia, Africa, Singapore, the Middle East, Europe and others.

Advance Synergy Bhd (XKLS:1481) Headlines

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