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ELK-Desa Resources Bhd (XKLS:5228) Cyclically Adjusted Book per Share : RM1.20 (As of Mar. 2025)


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What is ELK-Desa Resources 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.

ELK-Desa Resources Bhd's adjusted book value per share for the three months ended in Mar. 2025 was RM1.085. 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 RM1.20 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ELK-Desa Resources Bhd's average Cyclically Adjusted Book Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of ELK-Desa Resources Bhd was 3.10% per year. The lowest was 0.80% per year. And the median was 1.95% per year.

As of today (2025-07-04), ELK-Desa Resources Bhd's current stock price is RM1.14. ELK-Desa Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was RM1.20. ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ELK-Desa Resources Bhd was 1.11. The lowest was 0.71. And the median was 0.95.


ELK-Desa Resources Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for ELK-Desa Resources 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.

ELK-Desa Resources Bhd Cyclically Adjusted Book per Share Chart

ELK-Desa Resources Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.17 1.20 1.24 1.20

ELK-Desa Resources Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.24 1.23 1.22 1.20 1.20

Competitive Comparison of ELK-Desa Resources Bhd's Cyclically Adjusted Book per Share

For the Credit Services subindustry, ELK-Desa Resources 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.


ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio falls into.


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ELK-Desa Resources 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, ELK-Desa Resources Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.085/134.9266*134.9266
=1.085

Current CPI (Mar. 2025) = 134.9266.

ELK-Desa Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.301 100.684 1.743
201509 0.816 100.392 1.097
201512 1.228 99.792 1.660
201603 1.216 100.470 1.633
201606 1.251 101.688 1.660
201609 0.944 101.861 1.250
201612 0.941 101.863 1.246
201703 0.948 102.862 1.244
201706 0.966 103.349 1.261
201709 0.932 104.136 1.208
201712 0.907 104.011 1.177
201803 0.925 105.290 1.185
201806 0.926 106.317 1.175
201809 0.918 106.507 1.163
201812 0.906 105.998 1.153
201903 0.925 107.251 1.164
201906 0.922 108.070 1.151
201909 0.942 108.329 1.173
201912 0.939 108.420 1.169
202003 0.954 108.902 1.182
202006 0.934 108.767 1.159
202009 0.956 109.815 1.175
202012 0.959 109.897 1.177
202103 0.991 111.754 1.196
202106 0.969 114.631 1.141
202109 0.980 115.734 1.143
202112 0.990 117.630 1.136
202203 1.002 121.301 1.115
202206 1.001 125.017 1.080
202209 1.026 125.227 1.105
202212 1.021 125.222 1.100
202303 1.037 127.348 1.099
202306 1.021 128.729 1.070
202309 1.040 129.860 1.081
202312 1.042 129.419 1.086
202403 1.063 131.776 1.088
202406 1.051 132.554 1.070
202409 1.069 133.029 1.084
202412 1.068 133.157 1.082
202503 1.085 134.927 1.085

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


ELK-Desa Resources Bhd  (XKLS:5228) 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.

ELK-Desa Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.14/1.20
=0.95

* 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 ELK-Desa Resources Bhd was 1.11. The lowest was 0.71. And the median was 0.95.


Be Aware

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


ELK-Desa Resources Bhd Cyclically Adjusted Book per Share Related Terms

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


ELK-Desa Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire-purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling, and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.

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