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APM Automotive Holdings Bhd (XKLS:5015) Cyclically Adjusted Book per Share : RM7.56 (As of Mar. 2024)


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What is APM Automotive 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.

APM Automotive Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM7.295. 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 RM7.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, APM Automotive Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 APM Automotive Holdings Bhd was 7.60% per year. The lowest was 7.10% per year. And the median was 7.35% per year.

As of today (2024-06-21), APM Automotive Holdings Bhd's current stock price is RM2.92. APM Automotive Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM7.56. APM Automotive Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of APM Automotive Holdings Bhd was 0.45. The lowest was 0.24. And the median was 0.30.


APM Automotive Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for APM Automotive 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.

APM Automotive Holdings Bhd Cyclically Adjusted Book per Share Chart

APM Automotive Holdings 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 5.77 5.95 6.57 7.09 7.41

APM Automotive Holdings 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 7.23 7.33 7.42 7.41 7.56

Competitive Comparison of APM Automotive Holdings Bhd's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, APM Automotive 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.


APM Automotive Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



APM Automotive 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, APM Automotive Holdings 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)
=7.295/131.7762*131.7762
=7.295

Current CPI (Mar. 2024) = 131.7762.

APM Automotive Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.814 100.560 6.308
201409 4.849 100.428 6.363
201412 5.844 99.070 7.773
201503 5.954 99.621 7.876
201506 5.909 100.684 7.734
201509 5.978 100.392 7.847
201512 6.050 99.792 7.989
201603 6.021 100.470 7.897
201606 5.968 101.688 7.734
201609 6.065 101.861 7.846
201612 6.136 101.863 7.938
201703 6.202 102.862 7.945
201706 6.137 103.349 7.825
201709 6.137 104.136 7.766
201712 6.292 104.011 7.972
201803 6.295 105.290 7.879
201806 6.227 106.317 7.718
201809 6.254 106.507 7.738
201812 6.310 105.998 7.845
201903 6.353 107.251 7.806
201906 6.364 108.070 7.760
201909 6.382 108.329 7.763
201912 6.512 108.420 7.915
202003 6.395 108.902 7.738
202006 6.427 108.767 7.787
202009 6.354 109.815 7.625
202012 6.736 109.897 8.077
202103 6.819 111.754 8.041
202106 6.664 114.631 7.661
202109 6.534 115.734 7.440
202112 6.618 117.630 7.414
202203 6.668 121.301 7.244
202206 6.624 125.017 6.982
202209 6.690 125.227 7.040
202212 6.588 125.222 6.933
202303 6.670 127.348 6.902
202306 6.677 128.729 6.835
202309 6.791 129.860 6.891
202312 7.315 129.419 7.448
202403 7.295 131.776 7.295

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


APM Automotive Holdings Bhd  (XKLS:5015) 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.

APM Automotive Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.92/7.56
=0.39

* 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 APM Automotive Holdings Bhd was 0.45. The lowest was 0.24. And the median was 0.30.


Be Aware

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


APM Automotive Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


APM Automotive Holdings Bhd (XKLS:5015) Business Description

Traded in Other Exchanges
N/A
Address
Lot 600, Pandamaran Industrial Estate, Locked Bag No 218, Port Klang, SGR, MYS, 42009
APM Automotive Holdings Bhd is an automotive parts manufacturer. Its operating segments are organised into seven divisions namely, Suspension, Interior and Plastics, Electrical and Heat Exchange, Marketing, Nonreportable Segment, Indonesia Operations and All Other segments. Through its divisions, it offers products like leaf springs, coil springs, shock absorbers, auxiliary components, air-conditioner system and components, automotive seats and others. The Marketing Division comprises activities in the distribution of automotive components and parts manufactured by it for the replacement and export markets. The group operates globally and derives the majority of its revenue in Malaysia. Interior and Plastics segment serves as the revenue driver for the group.

APM Automotive Holdings Bhd (XKLS:5015) Headlines

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