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DKSH Holdings Malaysia Bhd (XKLS:5908) Cyclically Adjusted Book per Share : RM4.74 (As of Mar. 2024)


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What is DKSH Holdings Malaysia 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.

DKSH Holdings Malaysia Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM5.912. 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 RM4.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DKSH Holdings Malaysia Bhd's average Cyclically Adjusted Book Growth Rate was 9.00% 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 (2024-06-09), DKSH Holdings Malaysia Bhd's current stock price is RM5.30. DKSH Holdings Malaysia Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM4.74. DKSH Holdings Malaysia Bhd's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DKSH Holdings Malaysia Bhd was 1.71. The lowest was 0.83. And the median was 1.10.


DKSH Holdings Malaysia Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for DKSH Holdings Malaysia 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.

DKSH Holdings Malaysia Bhd Cyclically Adjusted Book per Share Chart

DKSH Holdings Malaysia 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 - - 3.67 4.21 4.61

DKSH Holdings Malaysia 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 4.35 4.47 4.58 4.61 4.74

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

For the Industrial Distribution subindustry, DKSH Holdings Malaysia 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.


DKSH Holdings Malaysia Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, DKSH Holdings Malaysia Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DKSH Holdings Malaysia 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, DKSH Holdings Malaysia 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)
=5.912/131.7762*131.7762
=5.912

Current CPI (Mar. 2024) = 131.7762.

DKSH Holdings Malaysia Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.801 100.560 3.671
201409 2.894 100.428 3.797
201412 3.004 99.070 3.996
201503 2.898 99.621 3.833
201506 3.050 100.684 3.992
201509 3.080 100.392 4.043
201512 3.143 99.792 4.150
201603 3.215 100.470 4.217
201606 3.249 101.688 4.210
201609 3.284 101.861 4.248
201612 3.369 101.863 4.358
201703 3.432 102.862 4.397
201706 3.441 103.349 4.387
201709 3.504 104.136 4.434
201712 3.604 104.011 4.566
201803 3.672 105.290 4.596
201806 3.661 106.317 4.538
201809 3.720 106.507 4.603
201812 3.787 105.998 4.708
201903 3.783 107.251 4.648
201906 3.756 108.070 4.580
201909 3.825 108.329 4.653
201912 3.934 108.420 4.781
202003 3.998 108.902 4.838
202006 4.048 108.767 4.904
202009 4.134 109.815 4.961
202012 4.244 109.897 5.089
202103 4.397 111.754 5.185
202106 4.558 114.631 5.240
202109 4.531 115.734 5.159
202112 4.723 117.630 5.291
202203 4.903 121.301 5.326
202206 4.999 125.017 5.269
202209 5.111 125.227 5.378
202212 5.274 125.222 5.550
202303 5.349 127.348 5.535
202306 5.340 128.729 5.466
202309 5.450 129.860 5.530
202312 5.655 129.419 5.758
202403 5.912 131.776 5.912

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


DKSH Holdings Malaysia Bhd  (XKLS:5908) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.30/4.74
=1.12

* 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 DKSH Holdings Malaysia Bhd was 1.71. The lowest was 0.83. And the median was 1.10.


Be Aware

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


DKSH Holdings Malaysia Bhd Cyclically Adjusted Book per Share Related Terms

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


DKSH Holdings Malaysia Bhd (XKLS:5908) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan SS7/26A, B-11-01, The Ascent, Paradigm, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
DKSH Holdings Malaysia Bhd is a market expansion services provider with a focus on Asia. It helps other companies and brands to grow their business in new or existing markets. It operates in the segments namely the Marketing and distribution segment, Logistics segment, and Others. The Marketing and distribution segment provides a comprehensive portfolio of services ranging from marketing to providing sales force, distribution and logistics, invoicing, credit control, handling of inventory and returned goods, and other value-added services. The Logistics segment provides supply chain services ranging from import to forwarding, warehousing and distribution, order processing, and collections. The other segment is engaged in the chocolate chip cookie business.

DKSH Holdings Malaysia Bhd (XKLS:5908) Headlines

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