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Alcom Group Bhd (XKLS:2674) Cyclically Adjusted Book per Share : RM1.46 (As of Jun. 2024)


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What is Alcom 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.

Alcom Group Bhd's adjusted book value per share for the three months ended in Jun. 2024 was RM1.836. 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 RM1.46 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Alcom Group Bhd's average Cyclically Adjusted Book Growth Rate was 3.50% 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 (2024-09-26), Alcom Group Bhd's current stock price is RM0.77. Alcom Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was RM1.46. Alcom Group Bhd's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alcom Group Bhd was 0.97. The lowest was 0.51. And the median was 0.61.


Alcom Group Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alcom 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.

Alcom Group Bhd Cyclically Adjusted Book per Share Chart

Alcom Group Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.31 1.37 1.42

Alcom Group Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.41 1.42 1.42 1.45 1.46

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

For the Aluminum subindustry, Alcom 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.


Alcom Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcom Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alcom 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, Alcom Group Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.836/132.5538*132.5538
=1.836

Current CPI (Jun. 2024) = 132.5538.

Alcom Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.270 100.428 1.676
201412 1.258 99.070 1.683
201503 1.275 99.621 1.696
201506 1.275 100.684 1.679
201509 1.218 100.392 1.608
201512 1.241 99.792 1.648
201603 1.244 100.470 1.641
201606 1.253 101.688 1.633
201609 1.247 101.861 1.623
201612 1.275 101.863 1.659
201703 1.312 102.862 1.691
201706 1.363 103.349 1.748
201709 0.851 104.136 1.083
201712 0.000 104.011 0.000
201803 0.888 105.290 1.118
201806 0.891 106.317 1.111
201809 0.892 106.507 1.110
201812 0.918 105.998 1.148
201903 0.909 107.251 1.123
201906 0.917 108.070 1.125
201909 0.920 108.329 1.126
201912 0.916 108.420 1.120
202003 0.899 108.902 1.094
202006 0.866 108.767 1.055
202009 0.850 109.815 1.026
202012 0.926 109.897 1.117
202103 0.981 111.754 1.164
202106 1.040 114.631 1.203
202109 1.092 115.734 1.251
202112 1.169 117.630 1.317
202203 1.330 121.301 1.453
202206 1.479 125.017 1.568
202209 1.591 125.227 1.684
202212 1.726 125.222 1.827
202303 1.777 127.348 1.850
202306 1.803 128.729 1.857
202309 1.824 129.860 1.862
202312 1.825 129.419 1.869
202403 1.827 131.776 1.838
202406 1.836 132.554 1.836

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


Alcom Group Bhd  (XKLS:2674) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.77/1.46
=0.53

* 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 Alcom Group Bhd was 0.97. The lowest was 0.51. And the median was 0.61.


Be Aware

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


Alcom Group Bhd Cyclically Adjusted Book per Share Related Terms

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


Alcom Group Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3, Persiaran Waja, Bukit Raja Industrial Estate, Klang, MYS, 41050
Alcom Group Bhd along with its subsidiaries, the company has four operating segments: Manufacturing; Property development; Construction; and Investment holding. It derives a majority of revenue from the Manufacturing segment which involves the manufacturing and trading of aluminum products such as Specialty products, Roofing products, and Foil products. Geographically, the group has a business presence in Malaysia, Thailand, India, Asia (excludes Malaysia, Thailand, and India), United States of America, the Middle East, and others, of which key revenue is generated from Malaysia.

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