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Melati Ehsan Holdings Bhd (XKLS:5129) Cyclically Adjusted Book per Share : RM2.20 (As of Feb. 2025)


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What is Melati Ehsan 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.

Melati Ehsan Holdings Bhd's adjusted book value per share for the three months ended in Feb. 2025 was RM2.183. 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 RM2.20 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Melati Ehsan Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Melati Ehsan Holdings Bhd was 8.00% per year. The lowest was 6.50% per year. And the median was 7.25% per year.

As of today (2025-07-17), Melati Ehsan Holdings Bhd's current stock price is RM0.50. Melati Ehsan Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was RM2.20. Melati Ehsan Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Melati Ehsan Holdings Bhd was 0.37. The lowest was 0.15. And the median was 0.28.


Melati Ehsan Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Melati Ehsan 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.

Melati Ehsan Holdings Bhd Cyclically Adjusted Book per Share Chart

Melati Ehsan Holdings Bhd Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 1.79 1.97 2.08 2.16

Melati Ehsan Holdings Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 2.12 2.15 2.16 2.17 2.20

Competitive Comparison of Melati Ehsan Holdings Bhd's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Melati Ehsan 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.


Melati Ehsan Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Melati Ehsan Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Melati Ehsan 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, Melati Ehsan Holdings Bhd's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=2.183/134.6241*134.6241
=2.183

Current CPI (Feb. 2025) = 134.6241.

Melati Ehsan Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201505 1.501 100.333 2.014
201508 1.520 100.548 2.035
201511 1.529 100.135 2.056
201602 1.599 100.040 2.152
201605 1.646 101.355 2.186
201608 1.756 101.617 2.326
201611 1.760 101.829 2.327
201702 1.765 102.779 2.312
201705 1.752 103.256 2.284
201708 1.765 103.587 2.294
201711 1.764 104.072 2.282
201802 1.768 105.052 2.266
201805 1.763 106.148 2.236
201808 1.764 106.383 2.232
201811 1.787 106.338 2.262
201902 1.782 106.649 2.249
201905 1.775 108.048 2.212
201908 1.777 108.245 2.210
201911 1.785 108.519 2.214
202002 1.798 109.139 2.218
202005 1.779 108.175 2.214
202008 1.790 109.662 2.197
202011 1.808 109.793 2.217
202102 1.823 110.968 2.212
202105 1.819 113.576 2.156
202108 1.822 115.421 2.125
202111 1.842 117.269 2.115
202202 1.857 119.703 2.088
202205 1.971 123.323 2.152
202208 1.980 124.958 2.133
202211 2.004 125.607 2.148
202302 2.035 126.928 2.158
202305 2.107 128.314 2.211
202308 2.118 129.538 2.201
202311 2.120 129.548 2.203
202402 2.121 130.930 2.181
202405 2.113 132.509 2.147
202408 2.179 132.816 2.209
202411 2.180 133.110 2.205
202502 2.183 134.624 2.183

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


Melati Ehsan Holdings Bhd  (XKLS:5129) 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.

Melati Ehsan Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.50/2.20
=0.23

* 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 Melati Ehsan Holdings Bhd was 0.37. The lowest was 0.15. And the median was 0.28.


Be Aware

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


Melati Ehsan Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Melati Ehsan Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Titiwangsa, Kuala Lumpur, SGR, MYS, 53200
Melati Ehsan Holdings Bhd is a Malaysia-based investment holding. The principal activity of the company is turnkey contractor, property development, trading of construction materials, rental of machineries, money lending business. The reporting segments of the group are the Construction segment which includes turnkey construction activities, the Trading segment which includes the trading of construction materials and rental of machinery, and Property development which relates to development of residential and commercial properties. The company operates principally in Malaysia and generates the majority of its revenue from the Construction segment. The company's ongoing projects are Meridian at Kluang, TNB Mixed development at Bangsar, Bayu Residency at Sri Temenggung and others.

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