GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westports Holdings Bhd (XKLS:5246) » Definitions » Cyclically Adjusted Book per Share

Westports Holdings Bhd (XKLS:5246) Cyclically Adjusted Book per Share : RM0.89 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Westports 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.

Westports Holdings Bhd's adjusted book value per share for the three months ended in Sep. 2024 was RM1.044. 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 RM0.89 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Westports Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 8.50% 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.

As of today (2025-01-19), Westports Holdings Bhd's current stock price is RM4.36. Westports Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was RM0.89. Westports Holdings Bhd's Cyclically Adjusted PB Ratio of today is 4.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Westports Holdings Bhd was 6.81. The lowest was 3.89. And the median was 4.71.


Westports Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Westports 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.

Westports Holdings Bhd Cyclically Adjusted Book per Share Chart

Westports Holdings 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 - - 0.70 0.77 0.83

Westports Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.82 0.83 0.86 0.87 0.89

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

For the Marine Shipping subindustry, Westports 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.


Westports Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Westports 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, Westports Holdings Bhd's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.044/133.0289*133.0289
=1.044

Current CPI (Sep. 2024) = 133.0289.

Westports Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.517 99.070 0.694
201503 0.491 99.621 0.656
201506 0.529 100.684 0.699
201509 0.516 100.392 0.684
201512 0.557 99.792 0.743
201603 0.543 100.470 0.719
201606 0.590 101.688 0.772
201609 0.561 101.861 0.733
201612 0.625 101.863 0.816
201703 0.581 102.862 0.751
201706 0.625 103.349 0.804
201709 0.605 104.136 0.773
201712 0.685 104.011 0.876
201803 0.624 105.290 0.788
201806 0.660 106.317 0.826
201809 0.647 106.507 0.808
201812 0.708 105.998 0.889
201903 0.686 107.251 0.851
201906 0.735 108.070 0.905
201909 0.714 108.329 0.877
201912 0.751 108.420 0.921
202003 0.733 108.902 0.895
202006 0.772 108.767 0.944
202009 0.782 109.815 0.947
202012 0.830 109.897 1.005
202103 0.826 111.754 0.983
202106 0.878 114.631 1.019
202109 0.852 115.734 0.979
202112 0.917 117.630 1.037
202203 0.869 121.301 0.953
202206 0.916 125.017 0.975
202209 0.891 125.227 0.947
202212 0.960 125.222 1.020
202303 0.939 127.348 0.981
202306 0.997 128.729 1.030
202309 0.972 129.860 0.996
202312 1.032 129.419 1.061
202403 1.005 131.776 1.015
202406 1.065 132.554 1.069
202409 1.044 133.029 1.044

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


Westports Holdings Bhd  (XKLS:5246) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.36/0.89
=4.90

* 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 Westports Holdings Bhd was 6.81. The lowest was 3.89. And the median was 4.71.


Be Aware

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


Westports Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Westports Holdings Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Pulau Indah, P.O. Box 266, Westports, Port Klang, SGR, MYS, 42009
Westports Holdings Bhd is a port and logistics company domiciled in Malaysia. The company predominantly develops and operates a port under the Westports brand in Port Klang, Malaysia. Westports provides container services; conventional services, including break bulk, dry bulk, and liquid bulk; and other marine facilities. In addition to core port operations, the company provides bulk storage, refrigerated container storage, and bunkering services to supply fuel to ships. The company derives revenue domestically.

Westports Holdings Bhd Headlines

No Headlines