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Pelikan International Bhd (XKLS:5231) Cyclically Adjusted Book per Share : RM0.97 (As of Mar. 2024)


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What is Pelikan International 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.

Pelikan International Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.118. 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 RM0.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pelikan International Bhd's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.60% 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 Pelikan International Bhd was -2.60% per year. The lowest was -2.60% per year. And the median was -2.60% per year.

As of today (2024-06-14), Pelikan International Bhd's current stock price is RM0.235. Pelikan International Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.97. Pelikan International Bhd's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pelikan International Bhd was 0.93. The lowest was 0.21. And the median was 0.33.


Pelikan International Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pelikan International 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.

Pelikan International Bhd Cyclically Adjusted Book per Share Chart

Pelikan International 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 - 1.06 1.01 0.99 0.98

Pelikan International 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 1.00 1.00 1.00 0.98 0.97

Competitive Comparison of Pelikan International Bhd's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Pelikan International 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.


Pelikan International Bhd's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pelikan International Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pelikan International 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, Pelikan International 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)
=0.118/131.7762*131.7762
=0.118

Current CPI (Mar. 2024) = 131.7762.

Pelikan International Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.072 100.560 1.405
201409 1.074 100.428 1.409
201412 0.888 99.070 1.181
201503 0.813 99.621 1.075
201506 0.737 100.684 0.965
201509 0.763 100.392 1.002
201512 0.839 99.792 1.108
201603 0.790 100.470 1.036
201606 0.869 101.688 1.126
201609 0.892 101.861 1.154
201612 0.767 101.863 0.992
201703 0.787 102.862 1.008
201706 0.812 103.349 1.035
201709 0.827 104.136 1.047
201712 0.815 104.011 1.033
201803 0.817 105.290 1.023
201806 0.829 106.317 1.028
201809 0.854 106.507 1.057
201812 0.800 105.998 0.995
201903 0.782 107.251 0.961
201906 0.821 108.070 1.001
201909 0.766 108.329 0.932
201912 0.735 108.420 0.893
202003 0.698 108.902 0.845
202006 0.733 108.767 0.888
202009 0.756 109.815 0.907
202012 0.767 109.897 0.920
202103 0.739 111.754 0.871
202106 0.780 114.631 0.897
202109 0.804 115.734 0.915
202112 0.705 117.630 0.790
202203 0.698 121.301 0.758
202206 0.732 125.017 0.772
202209 0.790 125.227 0.831
202212 0.854 125.222 0.899
202303 0.877 127.348 0.907
202306 0.982 128.729 1.005
202309 0.987 129.860 1.002
202312 0.884 129.419 0.900
202403 0.118 131.776 0.118

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


Pelikan International Bhd  (XKLS:5231) 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.

Pelikan International Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.235/0.97
=0.24

* 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 Pelikan International Bhd was 0.93. The lowest was 0.21. 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.


Pelikan International Bhd Cyclically Adjusted Book per Share Related Terms

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


Pelikan International Bhd (XKLS:5231) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan Pemaju U1/15, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Pelikan International Corp Bhd and its subsidiaries are engaged in the manufacturing and distribution of writing instruments, art, painting, and hobby products, school and office stationery, printer consumables, and papeterie products. Geographically it operates through the region of Germany, the Rest of Europe, the Americas, and the Rest of the World. The company distributes its products under the Pelikan, herlitz, Susy Card, and Geha brands through wholesalers, dealers, retailers, hypermarkets, schools, and specialized stores. It derives its revenue from the German region.

Pelikan International Bhd (XKLS:5231) Headlines

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