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Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Cyclically Adjusted Book per Share : RM0.82 (As of Dec. 2023)


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What is Sin Heng Chan (Malaysia) 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.

Sin Heng Chan (Malaysia) Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.781. 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 RM0.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sin Heng Chan (Malaysia) Bhd's average Cyclically Adjusted Book Growth Rate was -100.00% 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 (2024-05-14), Sin Heng Chan (Malaysia) Bhd's current stock price is RM0.345. Sin Heng Chan (Malaysia) Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.82. Sin Heng Chan (Malaysia) Bhd's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sin Heng Chan (Malaysia) Bhd was 0.75. The lowest was 0.34. And the median was 0.41.


Sin Heng Chan (Malaysia) Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sin Heng Chan (Malaysia) 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.

Sin Heng Chan (Malaysia) Bhd Cyclically Adjusted Book per Share Chart

Sin Heng Chan (Malaysia) 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 - - 0.78 0.81 0.82

Sin Heng Chan (Malaysia) 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 0.81 0.82 0.83 0.83 0.82

Competitive Comparison of Sin Heng Chan (Malaysia) Bhd's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Sin Heng Chan (Malaysia) 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.


Sin Heng Chan (Malaysia) Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sin Heng Chan (Malaysia) Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sin Heng Chan (Malaysia) Bhd's Cyclically Adjusted PB Ratio falls into.



Sin Heng Chan (Malaysia) 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, Sin Heng Chan (Malaysia) 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)
=0.781/129.4194*129.4194
=0.781

Current CPI (Dec. 2023) = 129.4194.

Sin Heng Chan (Malaysia) Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.728 99.695 0.945
201406 0.723 100.560 0.930
201409 0.726 100.428 0.936
201412 0.716 99.070 0.935
201503 0.699 99.621 0.908
201506 0.683 100.684 0.878
201509 0.668 100.392 0.861
201512 0.668 99.792 0.866
201603 0.658 100.470 0.848
201606 0.692 101.688 0.881
201609 0.683 101.861 0.868
201612 0.673 101.863 0.855
201703 0.663 102.862 0.834
201706 0.671 103.349 0.840
201709 0.669 104.136 0.831
201712 0.656 104.011 0.816
201803 0.671 105.290 0.825
201806 0.600 106.317 0.730
201809 0.631 106.507 0.767
201812 0.594 105.998 0.725
201903 0.577 107.251 0.696
201906 0.579 108.070 0.693
201909 0.566 108.329 0.676
201912 0.618 108.420 0.738
202003 0.626 108.902 0.744
202006 0.626 108.767 0.745
202009 0.632 109.815 0.745
202012 0.650 109.897 0.765
202103 0.663 111.754 0.768
202106 0.921 114.631 1.040
202109 0.916 115.734 1.024
202112 0.706 117.630 0.777
202203 0.888 121.301 0.947
202206 0.747 125.017 0.773
202209 0.750 125.227 0.775
202212 0.757 125.222 0.782
202303 0.761 127.348 0.773
202306 0.765 128.729 0.769
202309 0.777 129.860 0.774
202312 0.781 129.419 0.781

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


Sin Heng Chan (Malaysia) Bhd  (XKLS:4316) 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.

Sin Heng Chan (Malaysia) Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.345/0.82
=0.42

* 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 Sin Heng Chan (Malaysia) Bhd was 0.75. The lowest was 0.34. And the median was 0.41.


Be Aware

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


Sin Heng Chan (Malaysia) Bhd Cyclically Adjusted Book per Share Related Terms

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Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lorong Dungun Kiri, Level 3, Wisma E & C, Damansara Heights, Kuala Lumpur, MYS, 50490
Sin Heng Chan (Malaysia) Bhd is an agri-based group of companies engaged in oil palm plantation related activities and sale of fresh fruit bunches (FFB) and Energy and Facility Management. The company's operating segments consist of Plantation, Energy and facilities management, Investment holding, and Others. The Maximum revenue is generated from the Plantation segment.

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Headlines

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