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United Malacca Bhd (XKLS:2593) Cyclically Adjusted Book per Share : RM8.55 (As of Jan. 2024)


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What is United Malacca 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.

United Malacca Bhd's adjusted book value per share for the three months ended in Jan. 2024 was RM6.869. 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 RM8.55 for the trailing ten years ended in Jan. 2024.

During the past 12 months, United Malacca Bhd's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of United Malacca Bhd was 5.30% per year. The lowest was 5.30% per year. And the median was 5.30% per year.

As of today (2024-05-17), United Malacca Bhd's current stock price is RM5.08. United Malacca Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was RM8.55. United Malacca Bhd's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United Malacca Bhd was 0.72. The lowest was 0.54. And the median was 0.63.


United Malacca Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for United Malacca 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.

United Malacca Bhd Cyclically Adjusted Book per Share Chart

United Malacca Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.43 7.75 8.36 8.68

United Malacca Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.65 8.68 8.67 8.65 8.55

Competitive Comparison of United Malacca Bhd's Cyclically Adjusted Book per Share

For the Farm Products subindustry, United Malacca 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.


United Malacca Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



United Malacca 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, United Malacca Bhd's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=6.869/130.1244*130.1244
=6.869

Current CPI (Jan. 2024) = 130.1244.

United Malacca Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.108 100.023 10.548
201407 7.599 100.520 9.837
201410 7.633 100.176 9.915
201501 7.607 98.604 10.039
201504 8.089 99.824 10.544
201507 8.102 100.691 10.470
201510 8.100 100.346 10.504
201601 8.088 99.957 10.529
201604 8.167 100.947 10.528
201607 8.129 101.524 10.419
201610 8.245 101.988 10.520
201701 8.260 102.456 10.491
201704 6.743 103.167 8.505
201707 8.254 103.278 10.400
201710 8.296 104.070 10.373
201801 8.303 104.578 10.331
201804 6.526 105.708 8.033
201807 7.261 106.324 8.886
201810 7.187 106.695 8.765
201901 7.218 106.200 8.844
201904 6.288 107.818 7.589
201907 6.421 108.250 7.719
201910 6.601 108.577 7.911
202001 6.608 108.841 7.900
202004 6.282 108.173 7.557
202007 6.246 109.318 7.435
202010 6.259 109.861 7.413
202101 6.307 110.364 7.436
202104 6.239 112.673 7.205
202107 6.293 115.183 7.109
202110 6.465 116.696 7.209
202201 6.556 118.619 7.192
202204 6.683 121.978 7.129
202207 6.698 125.002 6.972
202210 6.780 125.734 7.017
202301 6.736 126.223 6.944
202304 6.835 127.992 6.949
202307 6.763 128.974 6.823
202310 6.829 129.810 6.846
202401 6.869 130.124 6.869

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


United Malacca Bhd  (XKLS:2593) 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.

United Malacca Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.08/8.55
=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 United Malacca Bhd was 0.72. The lowest was 0.54. 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.


United Malacca Bhd Cyclically Adjusted Book per Share Related Terms

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


United Malacca Bhd (XKLS:2593) Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000
United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Indonesia.

United Malacca Bhd (XKLS:2593) Headlines

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