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MBM Resources Bhd (XKLS:5983) Cyclically Adjusted Book per Share : RM5.29 (As of Mar. 2024)


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What is MBM 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.

MBM Resources Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM5.649. 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 RM5.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MBM Resources Bhd's average Cyclically Adjusted Book Growth Rate was 4.80% 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.

As of today (2024-06-06), MBM Resources Bhd's current stock price is RM5.05. MBM Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM5.29. MBM Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MBM Resources Bhd was 0.95. The lowest was 0.64. And the median was 0.71.


MBM Resources Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for MBM 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.

MBM Resources Bhd Cyclically Adjusted Book per Share Chart

MBM Resources 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 - - 4.56 4.95 5.18

MBM Resources 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 5.05 5.12 5.18 5.18 5.29

Competitive Comparison of MBM Resources Bhd's Cyclically Adjusted Book per Share

For the Auto & Truck Dealerships subindustry, MBM 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.


MBM Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MBM Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MBM 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, MBM Resources 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)
=5.649/131.7762*131.7762
=5.649

Current CPI (Mar. 2024) = 131.7762.

MBM Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.801 100.560 4.981
201409 3.825 100.428 5.019
201412 3.896 99.070 5.182
201503 4.043 99.621 5.348
201506 4.119 100.684 5.391
201509 4.070 100.392 5.342
201512 4.002 99.792 5.285
201603 4.015 100.470 5.266
201606 4.065 101.688 5.268
201609 4.089 101.861 5.290
201612 4.110 101.863 5.317
201703 4.128 102.862 5.288
201706 4.169 103.349 5.316
201709 4.173 104.136 5.281
201712 3.709 104.011 4.699
201803 3.728 105.290 4.666
201806 3.816 106.317 4.730
201809 3.883 106.507 4.804
201812 4.040 105.998 5.023
201903 4.143 107.251 5.090
201906 4.273 108.070 5.210
201909 4.356 108.329 5.299
201912 4.474 108.420 5.438
202003 4.474 108.902 5.414
202006 4.460 108.767 5.403
202009 4.487 109.815 5.384
202012 4.671 109.897 5.601
202103 4.730 111.754 5.577
202106 5.073 114.631 5.832
202109 4.620 115.734 5.260
202112 4.907 117.630 5.497
202203 4.985 121.301 5.415
202206 5.116 125.017 5.393
202209 5.112 125.227 5.379
202212 5.256 125.222 5.531
202303 5.251 127.348 5.434
202306 5.324 128.729 5.450
202309 5.333 129.860 5.412
202312 5.444 129.419 5.543
202403 5.649 131.776 5.649

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


MBM Resources Bhd  (XKLS:5983) 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.

MBM Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.05/5.29
=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 MBM Resources Bhd was 0.95. The lowest was 0.64. And the median was 0.71.


Be Aware

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


MBM Resources Bhd Cyclically Adjusted Book per Share Related Terms

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


MBM Resources Bhd (XKLS:5983) Business Description

Traded in Other Exchanges
N/A
Address
23-01, Level 23, Menara MBMR, 1 Jalan Syed Putra, Kuala Lumpur, MYS, 58000
MBM Resources Bhd is a Malaysian company that is in the business of motor trading and manufacturing auto parts. It has Motor trading, Auto parts manufacturing, and Other segments. The motor trading segment covers the marketing and distribution of motor vehicles, spare parts, and the provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provision of tyre assembly services. The motor trading segment generates majority of the revenues for the company.

MBM Resources Bhd (XKLS:5983) Headlines

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