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ECM Libra Group Bhd (XKLS:2143) Cyclically Adjusted Book per Share : RM0.77 (As of Mar. 2024)


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What is ECM Libra Group 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.

ECM Libra Group Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.388. 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 RM0.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ECM Libra Group Bhd's average Cyclically Adjusted Book Growth Rate was -9.40% 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 (2024-06-12), ECM Libra Group Bhd's current stock price is RM0.23. ECM Libra Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.77. ECM Libra Group Bhd's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ECM Libra Group Bhd was 0.29. The lowest was 0.15. And the median was 0.22.


ECM Libra Group Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for ECM Libra Group 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.

ECM Libra Group Bhd Cyclically Adjusted Book per Share Chart

ECM Libra Group Bhd Annual Data
Trend Jan14 Jan15 Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.93 0.86 0.79

ECM Libra Group 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 0.85 0.86 0.83 0.79 0.77

Competitive Comparison of ECM Libra Group Bhd's Cyclically Adjusted Book per Share

For the Lodging subindustry, ECM Libra Group 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.


ECM Libra Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



ECM Libra Group 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, ECM Libra Group 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)
=0.388/131.7762*131.7762
=0.388

Current CPI (Mar. 2024) = 131.7762.

ECM Libra Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.546 100.023 2.037
201407 1.722 100.520 2.257
201410 1.710 100.176 2.249
201501 1.681 98.604 2.247
201504 1.607 99.824 2.121
201507 1.557 100.691 2.038
201510 1.479 100.346 1.942
201601 0.479 99.957 0.631
201604 0.480 100.947 0.627
201607 0.501 101.524 0.650
201610 0.503 101.988 0.650
201703 0.510 102.862 0.653
201706 0.508 103.349 0.648
201709 0.510 104.136 0.645
201712 0.508 104.011 0.644
201803 0.328 105.290 0.411
201806 0.366 106.317 0.454
201809 0.342 106.507 0.423
201812 0.363 105.998 0.451
201903 0.363 107.251 0.446
201906 0.360 108.070 0.439
201909 0.429 108.329 0.522
201912 0.422 108.420 0.513
202003 0.412 108.902 0.499
202006 0.410 108.767 0.497
202009 0.395 109.815 0.474
202012 0.370 109.897 0.444
202103 0.367 111.754 0.433
202106 0.355 114.631 0.408
202109 0.345 115.734 0.393
202112 0.344 117.630 0.385
202203 0.341 121.301 0.370
202206 0.333 125.017 0.351
202209 0.334 125.227 0.351
202212 0.340 125.222 0.358
202303 0.338 127.348 0.350
202306 0.398 128.729 0.407
202309 0.400 129.860 0.406
202312 0.396 129.419 0.403
202403 0.388 131.776 0.388

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


ECM Libra Group Bhd  (XKLS:2143) 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.

ECM Libra Group Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.23/0.77
=0.30

* 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 ECM Libra Group Bhd was 0.29. The lowest was 0.15. And the median was 0.22.


Be Aware

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


ECM Libra Group Bhd Cyclically Adjusted Book per Share Related Terms

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


ECM Libra Group Bhd (XKLS:2143) Business Description

Traded in Other Exchanges
N/A
Address
8 Jalan Damansara Endah, Ground Floor, East Wing, Bangunan ECM Libra, Damansara Heights, Kuala Lumpur, MYS, 50490
ECM Libra Group Bhd is a Malaysia-based company, which is engaged in investment holding and provision of management services. The business of the company is classified into various segments which include Investment holding, Structured financing, and Hospitality. The investment holding segment includes general investments and corporate-related activities. The fund management segment includes unit trust funds and asset management. The structured financing segment includes structured lending and financial services-related activities. The Hospitality segment includes management and operations of hotels and restaurants and investment in the hospitality-related business through joint ventures.

ECM Libra Group Bhd (XKLS:2143) Headlines

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