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Riverview Rubber Estates Bhd (XKLS:2542) Cyclically Adjusted Book per Share : RM5.52 (As of Dec. 2023)


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What is Riverview Rubber Estates 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.

Riverview Rubber Estates Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM5.503. 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 RM5.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Riverview Rubber Estates Bhd's average Cyclically Adjusted Book Growth Rate was 2.40% 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 (2024-05-22), Riverview Rubber Estates Bhd's current stock price is RM3.26. Riverview Rubber Estates Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM5.52. Riverview Rubber Estates Bhd's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Riverview Rubber Estates Bhd was 0.75. The lowest was 0.56. And the median was 0.63.


Riverview Rubber Estates Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Riverview Rubber Estates 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.

Riverview Rubber Estates Bhd Cyclically Adjusted Book per Share Chart

Riverview Rubber Estates 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 - - 4.91 5.39 5.52

Riverview Rubber Estates Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 5.39 5.47 5.52 5.56 5.52

Competitive Comparison of Riverview Rubber Estates Bhd's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Riverview Rubber Estates 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.


Riverview Rubber Estates Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Riverview Rubber Estates 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, Riverview Rubber Estates 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)
=5.503/129.4194*129.4194
=5.503

Current CPI (Dec. 2023) = 129.4194.

Riverview Rubber Estates Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.580 99.695 5.946
201406 4.523 100.560 5.821
201409 4.536 100.428 5.845
201412 4.565 99.070 5.963
201503 4.631 99.621 6.016
201506 4.702 100.684 6.044
201509 4.773 100.392 6.153
201512 3.866 99.792 5.014
201603 4.685 100.470 6.035
201606 4.723 101.688 6.011
201609 4.777 101.861 6.069
201612 3.993 101.863 5.073
201703 4.851 102.862 6.103
201706 4.913 103.349 6.152
201709 4.985 104.136 6.195
201712 4.112 104.011 5.116
201803 4.131 105.290 5.078
201806 4.111 106.317 5.004
201809 4.151 106.507 5.044
201812 4.101 105.998 5.007
201903 4.104 107.251 4.952
201906 4.075 108.070 4.880
201909 4.094 108.329 4.891
201912 4.099 108.420 4.893
202003 4.098 108.902 4.870
202006 4.145 108.767 4.932
202009 4.211 109.815 4.963
202012 4.183 109.897 4.926
202103 4.246 111.754 4.917
202106 4.355 114.631 4.917
202109 4.368 115.734 4.884
202112 5.842 117.630 6.428
202203 5.920 121.301 6.316
202206 5.818 125.017 6.023
202209 5.871 125.227 6.068
202212 5.656 125.222 5.846
202303 5.689 127.348 5.782
202306 5.717 128.729 5.748
202309 5.546 129.860 5.527
202312 5.503 129.419 5.503

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


Riverview Rubber Estates Bhd  (XKLS:2542) 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.

Riverview Rubber Estates Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.26/5.52
=0.59

* 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 Riverview Rubber Estates Bhd was 0.75. The lowest was 0.56. And the median was 0.63.


Be Aware

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


Riverview Rubber Estates Bhd Cyclically Adjusted Book per Share Related Terms

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


Riverview Rubber Estates Bhd (XKLS:2542) Business Description

Traded in Other Exchanges
N/A
Address
Riverview Estate, Tanjung Tualang, MYS, 31800
Riverview Rubber Estates Bhd operates in the agricultural sector in Malaysia. It is engaged in the cultivation of oil palm, and sale of fresh fruit bunches of oil palm and other oil palm produce. The company operates through two segments, Plantations segment, which carries on the business of oil palm cultivation on its plantations in Peninsular Malaysia; and Other , which consist of an investment holding real estate company that develops and rents out its properties. The company majorly derives revenue from the Plantations segment. Geographically, the group operates in Malaysia and Australia.

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