GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » YTL Corp Bhd (XKLS:4677) » Definitions » Cyclically Adjusted Book per Share

YTL Bhd (XKLS:4677) Cyclically Adjusted Book per Share : RM1.52 (As of Mar. 2024)


View and export this data going back to 1985. Start your Free Trial

What is YTL 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.

YTL Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM1.460. 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 RM1.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, YTL Bhd's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 YTL Bhd was 5.50% per year. The lowest was 4.60% per year. And the median was 5.05% per year.

As of today (2024-05-24), YTL Bhd's current stock price is RM3.68. YTL Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.52. YTL Bhd's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YTL Bhd was 2.56. The lowest was 0.36. And the median was 0.52.


YTL Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for YTL 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.

YTL Bhd Cyclically Adjusted Book per Share Chart

YTL Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.31 1.38 1.49 1.50

YTL Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.49 1.50 1.51 1.49 1.52

Competitive Comparison of YTL Bhd's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, YTL 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.


YTL Bhd's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, YTL Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.46/131.7762*131.7762
=1.460

Current CPI (Mar. 2024) = 131.7762.

YTL Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.316 100.560 1.725
201409 1.320 100.428 1.732
201412 1.244 99.070 1.655
201503 1.290 99.621 1.706
201506 1.331 100.684 1.742
201509 1.431 100.392 1.878
201512 1.311 99.792 1.731
201603 1.273 100.470 1.670
201606 1.330 101.688 1.724
201609 1.375 101.861 1.779
201612 1.332 101.863 1.723
201703 1.345 102.862 1.723
201706 1.333 103.349 1.700
201709 1.360 104.136 1.721
201712 1.284 104.011 1.627
201803 1.273 105.290 1.593
201806 1.273 106.317 1.578
201809 1.306 106.507 1.616
201812 1.233 105.998 1.533
201903 1.258 107.251 1.546
201906 1.214 108.070 1.480
201909 1.190 108.329 1.448
201912 1.194 108.420 1.451
202003 1.170 108.902 1.416
202006 1.132 108.767 1.371
202009 1.128 109.815 1.354
202012 1.151 109.897 1.380
202103 1.186 111.754 1.398
202106 1.166 114.631 1.340
202109 1.121 115.734 1.276
202112 1.077 117.630 1.207
202203 1.153 121.301 1.253
202206 1.194 125.017 1.259
202209 1.161 125.227 1.222
202212 1.146 125.222 1.206
202303 1.197 127.348 1.239
202306 1.319 128.729 1.350
202309 1.369 129.860 1.389
202312 1.387 129.419 1.412
202403 1.460 131.776 1.460

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


YTL Bhd  (XKLS:4677) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.68/1.52
=2.42

* 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 YTL Bhd was 2.56. The lowest was 0.36. And the median was 0.52.


Be Aware

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


YTL Bhd Cyclically Adjusted Book per Share Related Terms

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


YTL Bhd (XKLS:4677) Business Description

Industry
Traded in Other Exchanges
Address
205 Jalan Bukit Bintang, 33rd Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
YTL Corp Bhd is a global holding company that operates in the infrastructure development space through its subsidiaries. YTL Corp has a wide variety of operations, including activities in the construction, power generation and transmission, water and sewage facilities, communications, cement manufacturing, property development and investment, hotel development and management, e-commerce, and Internet education services industries. The company's largest segment is its Utility division, which houses its electricity generation and water management businesses. YTL mainly generates revenue from selling electricity, water, and other goods, such as cement and real estate. The company's primary geographic areas include Malaysia, the U.K., and Singapore.

YTL Bhd (XKLS:4677) Headlines

No Headlines