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Symphony Life Bhd (XKLS:1538) Cyclically Adjusted Book per Share : RM2.08 (As of Sep. 2024)


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What is Symphony Life 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.

Symphony Life Bhd's adjusted book value per share for the three months ended in Sep. 2024 was RM1.424. 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 RM2.08 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Symphony Life Bhd's average Cyclically Adjusted Book Growth Rate was -2.30% 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 (2024-12-12), Symphony Life Bhd's current stock price is RM0.27. Symphony Life Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was RM2.08. Symphony Life Bhd's Cyclically Adjusted PB Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Symphony Life Bhd was 0.31. The lowest was 0.11. And the median was 0.18.


Symphony Life Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Symphony Life 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.

Symphony Life Bhd Cyclically Adjusted Book per Share Chart

Symphony Life Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.06 2.13 2.11

Symphony Life Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.13 2.10 2.11 2.10 2.08

Competitive Comparison of Symphony Life Bhd's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Symphony Life 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.


Symphony Life Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Symphony Life Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Symphony Life 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, Symphony Life Bhd's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.424/133.0289*133.0289
=1.424

Current CPI (Sep. 2024) = 133.0289.

Symphony Life Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.943 99.070 2.609
201503 1.922 99.621 2.567
201506 1.961 100.684 2.591
201509 1.967 100.392 2.606
201512 1.928 99.792 2.570
201603 1.919 100.470 2.541
201606 1.932 101.688 2.527
201609 1.933 101.861 2.524
201612 1.968 101.863 2.570
201703 2.062 102.862 2.667
201706 2.047 103.349 2.635
201709 2.031 104.136 2.595
201712 2.072 104.011 2.650
201803 2.148 105.290 2.714
201806 2.199 106.317 2.751
201809 2.252 106.507 2.813
201812 1.414 105.998 1.775
201903 1.534 107.251 1.903
201906 1.587 108.070 1.954
201909 1.592 108.329 1.955
201912 1.654 108.420 2.029
202003 1.617 108.902 1.975
202006 1.540 108.767 1.884
202009 1.576 109.815 1.909
202012 1.607 109.897 1.945
202103 1.627 111.754 1.937
202106 1.581 114.631 1.835
202109 1.409 115.734 1.620
202112 1.543 117.630 1.745
202203 1.529 121.301 1.677
202206 1.522 125.017 1.620
202209 1.513 125.227 1.607
202212 1.515 125.222 1.609
202303 1.420 127.348 1.483
202306 1.416 128.729 1.463
202309 1.418 129.860 1.453
202312 1.387 129.419 1.426
202403 1.432 131.776 1.446
202406 1.431 132.554 1.436
202409 1.424 133.029 1.424

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


Symphony Life Bhd  (XKLS:1538) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.27/2.08
=0.13

* 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 Symphony Life Bhd was 0.31. The lowest was 0.11. And the median was 0.18.


Be Aware

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


Symphony Life Bhd Cyclically Adjusted Book per Share Related Terms

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


Symphony Life Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 01-3, 3rd Floor, Menara Symphony, Petaling Jaya, SGR, MYS, 46200
Symphony Life Bhd is a property developer in Malaysia. The company's core business activities are categorized into four key segments, the Property development segment comprises property development, property management, and maintenance and property marketing consultancy; the Property investment segment is involved in the property investment and property management and maintenance; the Construction segment comprises incorporating construction works, and Other operations comprise other investments and investment holdings. The company predominantly carries out its operations in Malaysia. It derives a majority of the revenue from the Property development segment.

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