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Batu Kawan Bhd (XKLS:1899) Cyclically Adjusted Book per Share : RM18.69 (As of Mar. 2024)


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What is Batu Kawan 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.

Batu Kawan Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM20.235. 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 RM18.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Batu Kawan Bhd's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Batu Kawan Bhd was 10.20% per year. The lowest was 9.30% per year. And the median was 9.75% per year.

As of today (2024-06-19), Batu Kawan Bhd's current stock price is RM19.80. Batu Kawan Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM18.69. Batu Kawan Bhd's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Batu Kawan Bhd was 1.83. The lowest was 0.89. And the median was 1.27.


Batu Kawan Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Batu Kawan 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.

Batu Kawan Bhd Cyclically Adjusted Book per Share Chart

Batu Kawan Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.86 13.59 14.86 16.81 18.17

Batu Kawan 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 17.49 17.88 18.17 18.23 18.69

Competitive Comparison of Batu Kawan Bhd's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Batu Kawan 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.


Batu Kawan Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Batu Kawan Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Batu Kawan 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, Batu Kawan 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)
=20.235/131.7762*131.7762
=20.235

Current CPI (Mar. 2024) = 131.7762.

Batu Kawan Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.330 100.560 14.847
201409 11.332 100.428 14.869
201412 11.903 99.070 15.833
201503 12.111 99.621 16.020
201506 12.717 100.684 16.644
201509 13.802 100.392 18.117
201512 14.620 99.792 19.306
201603 14.067 100.470 18.450
201606 14.189 101.688 18.387
201609 15.006 101.861 19.413
201612 15.931 101.863 20.609
201703 16.384 102.862 20.989
201706 16.346 103.349 20.842
201709 15.323 104.136 19.390
201712 16.491 104.011 20.893
201803 15.867 105.290 19.859
201806 16.181 106.317 20.056
201809 15.183 106.507 18.785
201812 14.734 105.998 18.317
201903 14.601 107.251 17.940
201906 14.550 108.070 17.742
201909 14.426 108.329 17.548
201912 14.040 108.420 17.065
202003 13.937 108.902 16.864
202006 14.718 108.767 17.831
202009 14.770 109.815 17.724
202012 15.017 109.897 18.007
202103 15.538 111.754 18.322
202106 16.262 114.631 18.694
202109 16.041 115.734 18.264
202112 16.915 117.630 18.949
202203 18.072 121.301 19.633
202206 18.537 125.017 19.539
202209 19.482 125.227 20.501
202212 18.859 125.222 19.846
202303 19.539 127.348 20.218
202306 20.148 128.729 20.625
202309 19.965 129.860 20.260
202312 19.909 129.419 20.272
202403 20.235 131.776 20.235

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


Batu Kawan Bhd  (XKLS:1899) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.80/18.69
=1.06

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Batu Kawan Bhd was 1.83. The lowest was 0.89. And the median was 1.27.


Be Aware

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


Batu Kawan Bhd Cyclically Adjusted Book per Share Related Terms

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


Batu Kawan Bhd (XKLS:1899) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, MYS, 30000
Batu Kawan Bhd is a holding company that focuses on harvesting palm trees and manufacturing and selling rubber and chemical products through its subsidiaries. The firm operates through four segments: plantation, manufacturing, property development, and investment holdings/others. The manufacturing segment generates majority revenue through selling a variety of chemical-based products, including oleochemicals, industrial amides, rubber gloves, and esters. The plantation segment generates the second portion of total revenue by cultivating and processing palm trees into both fresh fruit bunches and rubber products. Geographically, the firm operates in Asia, Europe, Americas, and Africa, with the majority of its revenue generated from Asian and European countries.

Batu Kawan Bhd (XKLS:1899) Headlines

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