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V.S Industry Bhd (XKLS:6963) Cyclically Adjusted Book per Share : RM0.49 (As of Jan. 2024)


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What is V.S Industry 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.

V.S Industry Bhd's adjusted book value per share for the three months ended in Jan. 2024 was RM0.577. 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 RM0.49 for the trailing ten years ended in Jan. 2024.

During the past 12 months, V.S Industry Bhd's average Cyclically Adjusted Book Growth Rate was 11.40% 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 (2024-06-04), V.S Industry Bhd's current stock price is RM1.06. V.S Industry Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was RM0.49. V.S Industry Bhd's Cyclically Adjusted PB Ratio of today is 2.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of V.S Industry Bhd was 4.72. The lowest was 1.48. And the median was 2.13.


V.S Industry Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for V.S Industry 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.

V.S Industry Bhd Cyclically Adjusted Book per Share Chart

V.S Industry Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.36 0.42 0.47

V.S Industry Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.44 0.46 0.47 0.48 0.49

Competitive Comparison of V.S Industry Bhd's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, V.S Industry 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.


V.S Industry Bhd's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, V.S Industry Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where V.S Industry Bhd's Cyclically Adjusted PB Ratio falls into.



V.S Industry 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, V.S Industry Bhd's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.577/130.1244*130.1244
=0.577

Current CPI (Jan. 2024) = 130.1244.

V.S Industry Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.210 100.023 0.273
201407 0.227 100.520 0.294
201410 0.252 100.176 0.327
201501 0.215 98.604 0.284
201504 0.221 99.824 0.288
201507 0.271 100.691 0.350
201510 0.297 100.346 0.385
201601 0.292 99.957 0.380
201604 0.291 100.947 0.375
201607 0.299 101.524 0.383
201610 0.312 101.988 0.398
201701 0.336 102.456 0.427
201704 0.343 103.167 0.433
201707 0.358 103.278 0.451
201710 0.370 104.070 0.463
201801 0.378 104.578 0.470
201804 0.378 105.708 0.465
201807 0.425 106.324 0.520
201810 0.421 106.695 0.513
201901 0.433 106.200 0.531
201904 0.426 107.818 0.514
201907 0.441 108.250 0.530
201910 0.452 108.577 0.542
202001 0.453 108.841 0.542
202004 0.439 108.173 0.528
202007 0.461 109.318 0.549
202010 0.482 109.861 0.571
202101 0.534 110.364 0.630
202104 0.540 112.673 0.624
202107 0.536 115.183 0.606
202110 0.546 116.696 0.609
202201 0.550 118.619 0.603
202204 0.554 121.978 0.591
202207 0.541 125.002 0.563
202210 0.600 125.734 0.621
202301 0.588 126.223 0.606
202304 0.590 127.992 0.600
202307 0.559 128.974 0.564
202310 0.577 129.810 0.578
202401 0.577 130.124 0.577

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


V.S Industry Bhd  (XKLS:6963) 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.

V.S Industry Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.06/0.49
=2.16

* 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 V.S Industry Bhd was 4.72. The lowest was 1.48. And the median was 2.13.


Be Aware

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


V.S Industry Bhd Cyclically Adjusted Book per Share Related Terms

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


V.S Industry Bhd (XKLS:6963) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V.S Industry Bhd (XKLS:6963) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
V.S Industry Bhd is engaged in the manufacturing, assembling, and sale of electronic and electrical products and plastic moulded components and parts. It is an integrated Electronics Manufacturing Services (EMS) provider in the region. The manufacturing services include plastic injection mould design and fabrication, a wide range of injection tonnage and finishing processes, large-scale production of printed circuit boards, automated assembly, and final processes of packaging and logistics. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Indonesia, Singapore, the People's Republic of China, and others.

V.S Industry Bhd (XKLS:6963) Headlines

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