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Subur Tiasa Holdings Bhd (XKLS:6904) Cyclically Adjusted Book per Share : RM4.00 (As of Dec. 2023)


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What is Subur Tiasa 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.

Subur Tiasa Holdings Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM3.445. 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 RM4.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Subur Tiasa Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 0.80% 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 (2024-06-02), Subur Tiasa Holdings Bhd's current stock price is RM0.85. Subur Tiasa Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM4.00. Subur Tiasa Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Subur Tiasa Holdings Bhd was 0.62. The lowest was 0.18. And the median was 0.22.


Subur Tiasa Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Subur Tiasa 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.

Subur Tiasa Holdings Bhd Cyclically Adjusted Book per Share Chart

Subur Tiasa Holdings Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.97 4.00

Subur Tiasa Holdings Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 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 3.97 4.02 4.03 4.04 4.00

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

For the Lumber & Wood Production subindustry, Subur Tiasa 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.


Subur Tiasa Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Subur Tiasa Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Subur Tiasa 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, Subur Tiasa 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)
=3.445/129.4194*129.4194
=3.445

Current CPI (Dec. 2023) = 129.4194.

Subur Tiasa Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201310 3.582 98.536 4.705
201401 3.603 98.692 4.725
201404 3.673 100.023 4.752
201407 3.752 100.520 4.831
201410 3.741 100.176 4.833
201501 3.676 98.604 4.825
201504 3.640 99.824 4.719
201507 3.654 100.691 4.697
201510 3.599 100.346 4.642
201601 3.566 99.957 4.617
201604 3.501 100.947 4.488
201607 3.446 101.524 4.393
201610 3.354 101.988 4.256
201701 3.318 102.456 4.191
201704 3.300 103.167 4.140
201707 3.336 103.278 4.180
201710 3.322 104.070 4.131
201801 3.314 104.578 4.101
201804 3.278 105.708 4.013
201807 3.181 106.324 3.872
201810 3.173 106.695 3.849
201901 3.133 106.200 3.818
201904 3.086 107.818 3.704
201907 2.955 108.250 3.533
201910 2.948 108.577 3.514
202001 2.998 108.841 3.565
202004 2.987 108.173 3.574
202007 2.848 109.318 3.372
202010 2.856 109.861 3.364
202101 2.876 110.364 3.373
202104 2.901 112.673 3.332
202110 3.151 116.696 3.495
202203 3.363 121.301 3.588
202206 3.435 125.017 3.556
202209 3.512 125.227 3.630
202212 3.527 125.222 3.645
202303 3.490 127.348 3.547
202306 3.425 128.729 3.443
202309 3.446 129.860 3.434
202312 3.445 129.419 3.445

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


Subur Tiasa Holdings Bhd  (XKLS:6904) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.85/4
=0.21

* 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 Subur Tiasa Holdings Bhd was 0.62. The lowest was 0.18. And the median was 0.22.


Be Aware

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


Subur Tiasa Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Subur Tiasa Holdings Bhd (XKLS:6904) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Upper Lanang, C.D.T. 123, No. 66 - 78, Pusat Suria Permata, Sibu, SWK, MYS, 96000
Subur Tiasa Holdings Bhd is a Malaysia-based investment holding company. It has two reportable business segments. The Timber segment, which is the key revenue driver, is involved in the extraction, sale of logs and subcontractor for tree planting (reforestation), and the business of manufacturing and trading of plywood, veneer, raw and laminated particleboard, sawn timber, finger-joint moulding, charcoal and the supply of electricity for its manufacturing activities. The Oil Palm segment is involved in the cultivation of oil palm and the sale of fresh fruit bunches. Geographically, it generates revenue from Malaysia, India, South Korea, Taiwan, and other countries.

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