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Ho Hup Construction Co Bhd (XKLS:5169) Cyclically Adjusted Book per Share : RM1.00 (As of Mar. 2024)


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What is Ho Hup Construction Co 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.

Ho Hup Construction Co Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.619. 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 RM1.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ho Hup Construction Co Bhd's average Cyclically Adjusted Book Growth Rate was 8.70% 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 (2024-06-19), Ho Hup Construction Co Bhd's current stock price is RM0.15. Ho Hup Construction Co Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.00. Ho Hup Construction Co Bhd's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ho Hup Construction Co Bhd was 0.60. The lowest was 0.13. And the median was 0.32.


Ho Hup Construction Co Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ho Hup Construction Co 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.

Ho Hup Construction Co Bhd Cyclically Adjusted Book per Share Chart

Ho Hup Construction Co 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 - - 0.67 0.86 0.99

Ho Hup Construction Co 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 0.92 0.96 1.00 0.99 1.00

Competitive Comparison of Ho Hup Construction Co Bhd's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Ho Hup Construction Co 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.


Ho Hup Construction Co Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ho Hup Construction Co Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ho Hup Construction Co Bhd's Cyclically Adjusted PB Ratio falls into.



Ho Hup Construction Co 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, Ho Hup Construction Co 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)
=0.619/131.7762*131.7762
=0.619

Current CPI (Mar. 2024) = 131.7762.

Ho Hup Construction Co Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.830 100.560 1.088
201409 0.332 100.428 0.436
201412 0.394 99.070 0.524
201503 0.570 99.621 0.754
201506 0.615 100.684 0.805
201509 0.603 100.392 0.792
201512 0.658 99.792 0.869
201603 0.717 100.470 0.940
201606 0.777 101.688 1.007
201609 0.766 101.861 0.991
201612 0.789 101.863 1.021
201703 0.819 102.862 1.049
201706 0.850 103.349 1.084
201709 0.871 104.136 1.102
201712 0.894 104.011 1.133
201803 0.917 105.290 1.148
201806 0.935 106.317 1.159
201809 0.949 106.507 1.174
201812 0.970 105.998 1.206
201903 0.984 107.251 1.209
201906 0.997 108.070 1.216
201909 1.041 108.329 1.266
201912 0.966 108.420 1.174
202003 1.087 108.902 1.315
202006 1.115 108.767 1.351
202009 1.142 109.815 1.370
202012 1.051 109.897 1.260
202103 0.953 111.754 1.124
202106 0.941 114.631 1.082
202109 0.942 115.734 1.073
202112 0.898 117.630 1.006
202203 0.855 121.301 0.929
202206 0.836 125.017 0.881
202209 0.819 125.227 0.862
202212 0.833 125.222 0.877
202303 0.821 127.348 0.850
202306 0.818 128.729 0.837
202309 0.793 129.860 0.805
202312 0.653 129.419 0.665
202403 0.619 131.776 0.619

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


Ho Hup Construction Co Bhd  (XKLS:5169) 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.

Ho Hup Construction Co Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.15/1
=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 Ho Hup Construction Co Bhd was 0.60. The lowest was 0.13. And the median was 0.32.


Be Aware

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


Ho Hup Construction Co Bhd Cyclically Adjusted Book per Share Related Terms

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


Ho Hup Construction Co Bhd (XKLS:5169) Business Description

Traded in Other Exchanges
N/A
Address
Level 18, Ho Hup Tower, No.1, Jalan Persiaran Jalil 1, Bandar Bukit Jalil, Kuala Lumpur, MYS, 57000
Ho Hup Construction Co Bhd is engaged in the activities of investment holding, foundation engineering, civil engineering, building contracting works and the provision of management services for subsidiary companies. Its business division includes Construction, Property development, Building materials, and Others. All the group's revenue is derived from Malaysia.

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