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Amway Malaysia Holdings Bhd (XKLS:6351) Cyclically Adjusted Book per Share : RM1.59 (As of Dec. 2023)


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What is Amway Malaysia 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.

Amway Malaysia Holdings Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM1.872. 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 RM1.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Amway Malaysia Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Amway Malaysia Holdings Bhd was 4.10% per year. The lowest was 3.00% per year. And the median was 3.55% per year.

As of today (2024-05-22), Amway Malaysia Holdings Bhd's current stock price is RM7.45. Amway Malaysia Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.59. Amway Malaysia Holdings Bhd's Cyclically Adjusted PB Ratio of today is 4.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amway Malaysia Holdings Bhd was 4.84. The lowest was 3.12. And the median was 3.58.


Amway Malaysia Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Amway Malaysia 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.

Amway Malaysia Holdings Bhd Cyclically Adjusted Book per Share Chart

Amway Malaysia 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 1.42 1.41 1.47 1.55 1.59

Amway Malaysia Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.55 1.57 1.58 1.60 1.59

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

For the Specialty Retail subindustry, Amway Malaysia 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.


Amway Malaysia Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amway Malaysia Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amway Malaysia 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, Amway Malaysia Holdings Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.872/129.4194*129.4194
=1.872

Current CPI (Dec. 2023) = 129.4194.

Amway Malaysia Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.256 99.695 1.630
201406 1.315 100.560 1.692
201409 1.367 100.428 1.762
201412 1.408 99.070 1.839
201503 1.382 99.621 1.795
201506 1.344 100.684 1.728
201509 1.317 100.392 1.698
201512 1.250 99.792 1.621
201603 1.209 100.470 1.557
201606 1.197 101.688 1.523
201609 1.262 101.861 1.603
201612 1.282 101.863 1.629
201703 1.190 102.862 1.497
201706 1.229 103.349 1.539
201709 1.270 104.136 1.578
201712 1.302 104.011 1.620
201803 1.185 105.290 1.457
201806 1.180 106.317 1.436
201809 1.234 106.507 1.499
201812 1.318 105.998 1.609
201903 1.257 107.251 1.517
201906 1.320 108.070 1.581
201909 1.334 108.329 1.594
201912 1.354 108.420 1.616
202003 1.291 108.902 1.534
202006 1.344 108.767 1.599
202009 1.388 109.815 1.636
202012 1.364 109.897 1.606
202103 1.362 111.754 1.577
202106 1.360 114.631 1.535
202109 1.358 115.734 1.519
202112 1.314 117.630 1.446
202203 1.346 121.301 1.436
202206 1.388 125.017 1.437
202209 1.453 125.227 1.502
202212 1.543 125.222 1.595
202303 1.433 127.348 1.456
202306 1.493 128.729 1.501
202309 1.724 129.860 1.718
202312 1.872 129.419 1.872

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


Amway Malaysia Holdings Bhd  (XKLS:6351) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.45/1.59
=4.69

* 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 Amway Malaysia Holdings Bhd was 4.84. The lowest was 3.12. And the median was 3.58.


Be Aware

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


Amway Malaysia Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Amway Malaysia Holdings Bhd (XKLS:6351) Business Description

Traded in Other Exchanges
N/A
Address
28, Jalan 223, Petaling Jaya, SGR, MYS, 46100
Amway Malaysia Holdings Bhd is engaged in the distribution of consumer products under the Amway' trademark. The Group has only one business segment which is the distribution of consumer products principally under the "Amway" trademark. The company manufactures consumer products in the nutrition, beauty and home categories that are sold exclusively through Amway Business Owners. It has taken an initiative with Amway affiliates in Singapore, Thailand, Vietnam, Indonesia, Philippines, and Australia. The company also has an ARTISTRY SUPREME LX Regenerating Cream and Eye Cream under its skincare range and home categories that are sold exclusively through Amway Business Owners.

Amway Malaysia Holdings Bhd (XKLS:6351) Headlines

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