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Edaran Bhd (XKLS:5036) Cyclically Adjusted Book per Share : RM0.61 (As of Mar. 2024)


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What is Edaran 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.

Edaran Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.522. 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 RM0.61 for the trailing ten years ended in Mar. 2024.

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 (2024-06-14), Edaran Bhd's current stock price is RM1.22. Edaran Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.61. Edaran Bhd's Cyclically Adjusted PB Ratio of today is 2.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Edaran Bhd was 2.32. The lowest was 0.77. And the median was 1.00.


Edaran Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Edaran 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.

Edaran Bhd Cyclically Adjusted Book per Share Chart

Edaran 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 - - 0.61 0.63 0.61

Edaran 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 0.61 0.61 0.61 0.60 0.61

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

For the Information Technology Services subindustry, Edaran 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.


Edaran Bhd's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Edaran Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Edaran 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, Edaran 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)
=0.522/131.7762*131.7762
=0.522

Current CPI (Mar. 2024) = 131.7762.

Edaran Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.563 100.560 0.738
201409 0.550 100.428 0.722
201412 0.546 99.070 0.726
201503 0.568 99.621 0.751
201506 0.574 100.684 0.751
201509 0.563 100.392 0.739
201512 0.551 99.792 0.728
201603 0.527 100.470 0.691
201606 0.500 101.688 0.648
201609 0.497 101.861 0.643
201612 0.571 101.863 0.739
201703 0.563 102.862 0.721
201706 0.522 103.349 0.666
201709 0.527 104.136 0.667
201712 0.534 104.011 0.677
201803 0.577 105.290 0.722
201806 0.475 106.317 0.589
201809 0.484 106.507 0.599
201812 0.560 105.998 0.696
201903 0.567 107.251 0.697
201906 0.399 108.070 0.487
201909 0.444 108.329 0.540
201912 0.451 108.420 0.548
202003 0.362 108.902 0.438
202006 0.396 108.767 0.480
202009 0.413 109.815 0.496
202012 0.433 109.897 0.519
202103 0.435 111.754 0.513
202106 0.422 114.631 0.485
202109 0.424 115.734 0.483
202112 0.517 117.630 0.579
202203 0.501 121.301 0.544
202206 0.504 125.017 0.531
202209 0.487 125.227 0.512
202212 0.510 125.222 0.537
202303 0.503 127.348 0.520
202306 0.522 128.729 0.534
202309 0.526 129.860 0.534
202312 0.532 129.419 0.542
202403 0.522 131.776 0.522

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


Edaran Bhd  (XKLS:5036) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.22/0.61
=2.00

* 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 Edaran Bhd was 2.32. The lowest was 0.77. And the median was 1.00.


Be Aware

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


Edaran Bhd Cyclically Adjusted Book per Share Related Terms

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


Edaran Bhd (XKLS:5036) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Edaran Bhd (XKLS:5036) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
No. 2, Jalan 4/76C, Desa Pandan, Kuala Lumpur, SGR, MYS, 55100
Edaran Bhd is an investment holding company. The group is predominantly engaged in four segments such as Information technology and services, Telecommunications, Investment holding, and Lifestyle. Information technology includes provisioning, installation, commissioning, integration, and maintenance of information technology products and related services. Telecommunication includes provisioning, installation, commissioning, and maintenance of power supply equipment for telecommunication systems and integration and maintenance of telecommunication equipment and Lifestyle involves lifestyle activities. Information technology makes a substantial contribution to the company's revenue. Majority of its revenue is derived from Malaysia.

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