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Malayan United Industries Bhd (XKLS:3891) Cyclically Adjusted Book per Share : RM0.21 (As of Dec. 2023)


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What is Malayan United 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.

Malayan United Industries Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.315. 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 RM0.21 for the trailing ten years ended in Dec. 2023.

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 (2024-05-18), Malayan United Industries Bhd's current stock price is RM0.06. Malayan United Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.21. Malayan United Industries Bhd's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Malayan United Industries Bhd was 0.45. The lowest was 0.22. And the median was 0.29.


Malayan United Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Malayan United 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.

Malayan United Industries Bhd Cyclically Adjusted Book per Share Chart

Malayan United Industries Bhd Annual Data
Trend Dec12 Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.23 0.21

Malayan United 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 0.21 0.20 0.21 0.21 0.21

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

For the Lodging subindustry, Malayan United 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.


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

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

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



Malayan United 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, Malayan United 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)
=0.315/129.4194*129.4194
=0.315

Current CPI (Dec. 2023) = 129.4194.

Malayan United Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.266 98.790 0.348
201312 0.266 98.326 0.350
201403 0.262 99.695 0.340
201406 0.260 100.560 0.335
201409 0.261 100.428 0.336
201412 0.266 99.070 0.347
201503 0.269 99.621 0.349
201506 0.271 100.684 0.348
201509 0.292 100.392 0.376
201603 0.272 100.470 0.350
201609 0.244 101.861 0.310
201612 0.256 101.863 0.325
201703 0.249 102.862 0.313
201706 0.213 103.349 0.267
201709 0.206 104.136 0.256
201712 0.198 104.011 0.246
201803 0.185 105.290 0.227
201806 0.183 106.317 0.223
201809 0.171 106.507 0.208
201812 0.168 105.998 0.205
201903 0.160 107.251 0.193
201906 0.128 108.070 0.153
201909 0.126 108.329 0.151
201912 0.120 108.420 0.143
202003 0.078 108.902 0.093
202006 0.064 108.767 0.076
202009 0.064 109.815 0.075
202012 0.060 109.897 0.071
202103 0.046 111.754 0.053
202106 0.033 114.631 0.037
202109 0.029 115.734 0.032
202112 0.027 117.630 0.030
202203 0.026 121.301 0.028
202206 0.019 125.017 0.020
202209 0.020 125.227 0.021
202212 0.027 125.222 0.028
202303 0.020 127.348 0.020
202306 0.313 128.729 0.315
202309 0.309 129.860 0.308
202312 0.315 129.419 0.315

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


Malayan United Industries Bhd  (XKLS:3891) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06/0.21
=0.29

* 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 Malayan United Industries Bhd was 0.45. The lowest was 0.22. And the median was 0.29.


Be Aware

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


Malayan United Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Malayan United Industries Bhd (XKLS:3891) Business Description

Traded in Other Exchanges
N/A
Address
189, Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450
Malayan United Industries Bhd is a Malaysia-based investment holding company. The company through its associate design, manufacture, source, distributes and sells garments, accessories and home furnishings products. The company's operating segment includes Retailing; Hotel; Food; Fast Food Chain; Property; and others. It generates maximum revenue from the Hotel segment. Hotel segment includes holding of hotel properties and hotel operations. Geographically, it derives a majority of revenue from Malaysia.

Malayan United Industries Bhd (XKLS:3891) Headlines

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