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Tan Chong Motor Holdings Bhd (XKLS:4405) Cyclically Adjusted Book per Share : RM5.13 (As of Mar. 2025)


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What is Tan Chong Motor Holdings 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.

Tan Chong Motor Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2025 was RM3.854. 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 RM5.13 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tan Chong Motor Holdings Bhd's average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% 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 Tan Chong Motor Holdings Bhd was 5.70% per year. The lowest was 2.30% per year. And the median was 4.00% per year.

As of today (2025-06-27), Tan Chong Motor Holdings Bhd's current stock price is RM0.475. Tan Chong Motor Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was RM5.13. Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tan Chong Motor Holdings Bhd was 0.29. The lowest was 0.06. And the median was 0.23.


Tan Chong Motor Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tan Chong Motor Holdings 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.

Tan Chong Motor Holdings Bhd Cyclically Adjusted Book per Share Chart

Tan Chong Motor Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.34 4.78 4.97 5.12 5.11

Tan Chong Motor Holdings Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.18 5.18 5.15 5.11 5.13

Competitive Comparison of Tan Chong Motor Holdings Bhd's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Tan Chong Motor Holdings 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.


Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio falls into.


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Tan Chong Motor Holdings 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, Tan Chong Motor Holdings Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.854/134.9266*134.9266
=3.854

Current CPI (Mar. 2025) = 134.9266.

Tan Chong Motor Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.257 100.684 5.705
201509 4.282 100.392 5.755
201512 4.284 99.792 5.792
201603 4.198 100.470 5.638
201606 4.161 101.688 5.521
201609 4.141 101.861 5.485
201612 4.402 101.863 5.831
201703 4.356 102.862 5.714
201706 4.316 103.349 5.635
201709 4.275 104.136 5.539
201712 4.284 104.011 5.557
201803 4.296 105.290 5.505
201806 4.276 106.317 5.427
201809 4.303 106.507 5.451
201812 4.346 105.998 5.532
201903 4.379 107.251 5.509
201906 4.378 108.070 5.466
201909 4.371 108.329 5.444
201912 4.627 108.420 5.758
202003 4.593 108.902 5.691
202006 4.479 108.767 5.556
202009 4.468 109.815 5.490
202012 4.357 109.897 5.349
202103 4.352 111.754 5.254
202106 4.285 114.631 5.044
202109 4.200 115.734 4.896
202112 4.280 117.630 4.909
202203 4.250 121.301 4.727
202206 4.229 125.017 4.564
202209 4.221 125.227 4.548
202212 4.405 125.222 4.746
202303 4.406 127.348 4.668
202306 4.369 128.729 4.579
202309 4.279 129.860 4.446
202312 4.204 129.419 4.383
202403 4.170 131.776 4.270
202406 4.096 132.554 4.169
202409 3.931 133.029 3.987
202412 3.854 133.157 3.905
202503 3.854 134.927 3.854

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


Tan Chong Motor Holdings Bhd  (XKLS:4405) 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.

Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.475/5.13
=0.09

* 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 Tan Chong Motor Holdings Bhd was 0.29. The lowest was 0.06. And the median was 0.23.


Be Aware

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


Tan Chong Motor Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Tan Chong Motor Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
62-68 Jalan Sultan Azlan Shah, Wilayah Persekutuan, Kuala Lumpur, MYS, 51200
Tan Chong Motor Holdings Bhd is an automotive manufacturer based in Malaysia. It conducts its business through three segments, namely, Vehicle assembly, manufacturing, distribution and after-sales services segment, Financial Services, and other operations. The Vehicles assembly, manufacturing, distribution and after-sales services segment is its core business and is a majority revenue generator. It is focused on the assembly and distribution of passenger and commercial vehicles, automotive workshop services, distribution of automotive spare parts, and the manufacturing of automotive parts. The Financial Services segment provides hire purchase financing, personal loans, and insurance agency services, and the other operations segment is engaged in property and investment holding activities.

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