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YB Ventures Bhd (XKLS:5048) Cyclically Adjusted Book per Share : RM1.09 (As of Mar. 2024)


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What is YB Ventures 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.

YB Ventures Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.998. 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 RM1.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, YB Ventures Bhd's average Cyclically Adjusted Book Growth Rate was 4.80% 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 (2024-09-27), YB Ventures Bhd's current stock price is RM0.16. YB Ventures Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.09. YB Ventures Bhd's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YB Ventures Bhd was 0.51. The lowest was 0.15. And the median was 0.33.


YB Ventures Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for YB Ventures 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.

YB Ventures Bhd Cyclically Adjusted Book per Share Chart

YB Ventures Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.05

YB Ventures Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 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 1.04 1.05 1.07 1.07 1.09

Competitive Comparison of YB Ventures Bhd's Cyclically Adjusted Book per Share

For the Building Materials subindustry, YB Ventures 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.


YB Ventures Bhd's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, YB Ventures Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YB Ventures 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, YB Ventures 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)
=0.998/131.7762*131.7762
=0.998

Current CPI (Mar. 2024) = 131.7762.

YB Ventures Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.739 98.326 0.990
201403 0.748 99.695 0.989
201406 0.746 100.560 0.978
201409 0.760 100.428 0.997
201412 0.772 99.070 1.027
201503 0.770 99.621 1.019
201506 0.784 100.684 1.026
201509 0.795 100.392 1.044
201512 0.803 99.792 1.060
201603 0.804 100.470 1.055
201606 0.819 101.688 1.061
201609 0.848 101.861 1.097
201612 0.841 101.863 1.088
201703 0.837 102.862 1.072
201706 0.837 103.349 1.067
201709 0.832 104.136 1.053
201712 0.828 104.011 1.049
201803 0.827 105.290 1.035
201806 0.834 106.317 1.034
201809 0.832 106.507 1.029
201812 0.833 105.998 1.036
201903 0.825 107.251 1.014
201906 0.813 108.070 0.991
201909 0.809 108.329 0.984
201912 0.810 108.420 0.984
202003 0.796 108.902 0.963
202006 0.771 108.767 0.934
202009 0.802 109.815 0.962
202012 1.170 109.897 1.403
202103 1.174 111.754 1.384
202106 1.161 114.631 1.335
202109 1.171 115.734 1.333
202203 1.221 121.301 1.326
202209 1.174 125.227 1.235
202212 1.194 125.222 1.256
202303 1.143 127.348 1.183
202306 1.132 128.729 1.159
202309 1.081 129.860 1.097
202312 1.051 129.419 1.070
202403 0.998 131.776 0.998

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


YB Ventures Bhd  (XKLS:5048) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.16/1.09
=0.15

* 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 YB Ventures Bhd was 0.51. The lowest was 0.15. And the median was 0.33.


Be Aware

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


YB Ventures Bhd Cyclically Adjusted Book per Share Related Terms

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


YB Ventures Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 7020, Batu 23, Jalan Air Hitam, Johor Darul Takzim, Kulai, SGR, MYS, 81000
YB Ventures Bhd is an investment holding company engaged in the tile manufacturing and internet technology. The company operates in two segments namely, Manufacturing and trading segment and Investment holding and dormant segment, out of which the majority of revenue is derived from the Manufacturing and Trading segment. The Group mainly produces tiles under their proprietary brand Alpha Tile a household name in construction, renovation and interior fit-out industries. Geographically it operates in Malaysia, Singapore and Others, out of which the majority of revenue is derived from Malaysia.

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