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Olympia Industries Bhd (XKLS:3018) Cyclically Adjusted Book per Share : RM0.43 (As of Dec. 2023)


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What is Olympia Industries 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.

Olympia Industries Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.328. 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 RM0.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Olympia Industries Bhd's average Cyclically Adjusted Book Growth Rate was -4.40% 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 (2024-05-29), Olympia Industries Bhd's current stock price is RM0.075. Olympia Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.43. Olympia Industries Bhd's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Olympia Industries Bhd was 0.20. The lowest was 0.13. And the median was 0.17.


Olympia Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Olympia Industries 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.

Olympia Industries Bhd Cyclically Adjusted Book per Share Chart

Olympia Industries Bhd Annual Data
Trend Jun13 Jun14 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 - - - 0.45 0.43

Olympia Industries 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 0.45 0.45 0.45 0.44 0.43

Competitive Comparison of Olympia Industries Bhd's Cyclically Adjusted Book per Share

For the Gambling subindustry, Olympia Industries 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.


Olympia Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Olympia Industries 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, Olympia Industries 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)
=0.328/129.4194*129.4194
=0.328

Current CPI (Dec. 2023) = 129.4194.

Olympia Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.360 98.518 0.473
201309 0.319 98.790 0.418
201312 0.321 98.326 0.423
201403 0.330 99.695 0.428
201406 0.359 100.560 0.462
201409 0.315 100.428 0.406
201412 0.313 99.070 0.409
201503 0.309 99.621 0.401
201603 0.369 100.470 0.475
201606 0.360 101.688 0.458
201609 0.354 101.861 0.450
201612 0.375 101.863 0.476
201703 0.375 102.862 0.472
201706 0.388 103.349 0.486
201709 0.387 104.136 0.481
201712 0.408 104.011 0.508
201803 0.393 105.290 0.483
201806 0.390 106.317 0.475
201809 0.401 106.507 0.487
201812 0.417 105.998 0.509
201903 0.398 107.251 0.480
201906 0.397 108.070 0.475
201909 0.397 108.329 0.474
201912 0.395 108.420 0.472
202003 0.392 108.902 0.466
202006 0.371 108.767 0.441
202009 0.369 109.815 0.435
202012 0.367 109.897 0.432
202103 0.365 111.754 0.423
202106 0.362 114.631 0.409
202109 0.358 115.734 0.400
202112 0.356 117.630 0.392
202203 0.352 121.301 0.376
202206 0.349 125.017 0.361
202209 0.347 125.227 0.359
202212 0.343 125.222 0.354
202303 0.342 127.348 0.348
202306 0.336 128.729 0.338
202309 0.331 129.860 0.330
202312 0.328 129.419 0.328

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


Olympia Industries Bhd  (XKLS:3018) 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.

Olympia Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.075/0.43
=0.17

* 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 Olympia Industries Bhd was 0.20. The lowest was 0.13. And the median was 0.17.


Be Aware

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


Olympia Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Olympia Industries Bhd (XKLS:3018) Business Description

Traded in Other Exchanges
N/A
Address
Number 8, Jalan Raja Chulan, Level 24, Menara Olympia, Kuala Lumpur, SGR, MYS, 50200
Olympia Industries Bhd is an investment holding company. The company's operating segments include Leasing; Property development; Gaming; and Investment holding and dormant. It generates maximum revenue from the Gaming segment. The Gaming segment includes organising, managing, and sales of numbers forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties. The Leasing segment includes the rental of office and retail spaces and other related activities. The Investment holding and dormant segment includes investment holding and other business units include trading and retailing business. Geographically, it derives revenue from Malaysia.

Olympia Industries Bhd (XKLS:3018) Headlines

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