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Hua Yang Bhd (XKLS:5062) Cyclically Adjusted Book per Share : RM1.69 (As of Dec. 2023)


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What is Hua Yang 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.

Hua Yang Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM1.038. 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 RM1.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hua Yang Bhd's average Cyclically Adjusted Book Growth Rate was 1.80% 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 (2024-06-16), Hua Yang Bhd's current stock price is RM0.36. Hua Yang Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.69. Hua Yang Bhd's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hua Yang Bhd was 0.25. The lowest was 0.08. And the median was 0.16.


Hua Yang Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hua Yang 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.

Hua Yang Bhd Cyclically Adjusted Book per Share Chart

Hua Yang Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.60 1.68

Hua Yang Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.66 1.68 1.69 1.70 1.69

Competitive Comparison of Hua Yang Bhd's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Hua Yang 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.


Hua Yang Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hua Yang Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hua Yang 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, Hua Yang Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.038/129.4194*129.4194
=1.038

Current CPI (Dec. 2023) = 129.4194.

Hua Yang Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.099 99.695 1.427
201406 1.167 100.560 1.502
201409 1.241 100.428 1.599
201412 1.277 99.070 1.668
201503 1.323 99.621 1.719
201506 1.408 100.684 1.810
201509 1.491 100.392 1.922
201512 1.516 99.792 1.966
201603 1.539 100.470 1.982
201606 1.607 101.688 2.045
201609 1.655 101.861 2.103
201612 1.684 101.863 2.140
201703 1.700 102.862 2.139
201706 1.696 103.349 2.124
201709 1.678 104.136 2.085
201712 1.676 104.011 2.085
201803 1.679 105.290 2.064
201806 1.686 106.317 2.052
201809 1.682 106.507 2.044
201812 1.694 105.998 2.068
201903 1.598 107.251 1.928
201906 1.611 108.070 1.929
201909 1.597 108.329 1.908
201912 1.611 108.420 1.923
202003 1.388 108.902 1.650
202006 1.363 108.767 1.622
202009 1.362 109.815 1.605
202012 1.404 109.897 1.653
202103 1.250 111.754 1.448
202106 1.256 114.631 1.418
202109 1.243 115.734 1.390
202112 1.210 117.630 1.331
202203 1.235 121.301 1.318
202206 1.255 125.017 1.299
202209 1.250 125.227 1.292
202212 1.019 125.222 1.053
202303 1.029 127.348 1.046
202306 1.027 128.729 1.033
202309 1.034 129.860 1.030
202312 1.038 129.419 1.038

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


Hua Yang Bhd  (XKLS:5062) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.36/1.69
=0.21

* 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 Hua Yang Bhd was 0.25. The lowest was 0.08. And the median was 0.16.


Be Aware

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


Hua Yang Bhd Cyclically Adjusted Book per Share Related Terms

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


Hua Yang Bhd (XKLS:5062) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hua Yang Bhd (XKLS:5062) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
C-21 Jalan Medan Selayang 1, Medan Selayang, Batu Caves, SGR, MYS, 68100
Hua Yang Bhd is an investment holding company engaged in property development and provision of management services. Its segments consist of the Property development segment engages in constructing and developing residential and commercial properties; and the Concession assets segment engages in the collection of rental over the concession periods from assets held under build, operate, and transfer agreements. The company generates maximum revenue from the Property development segment. Its operations are spread across Malaysia.

Hua Yang Bhd (XKLS:5062) Headlines

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