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Thong Guan Industries Bhd (XKLS:7034) Cyclically Adjusted Book per Share : RM2.27 (As of Mar. 2025)


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What is Thong Guan Industries 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.

Thong Guan Industries Bhd's adjusted book value per share for the three months ended in Mar. 2025 was RM2.426. 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 RM2.27 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Thong Guan Industries Bhd's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Thong Guan Industries Bhd was 10.60% per year. The lowest was 8.40% per year. And the median was 9.50% per year.

As of today (2025-05-31), Thong Guan Industries Bhd's current stock price is RM1.12. Thong Guan Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was RM2.27. Thong Guan Industries Bhd's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thong Guan Industries Bhd was 2.05. The lowest was 0.49. And the median was 1.23.


Thong Guan Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thong Guan Industries 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.

Thong Guan Industries Bhd Cyclically Adjusted Book per Share Chart

Thong Guan Industries Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.76 1.96 2.11 2.24

Thong Guan Industries Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.17 2.21 2.23 2.24 2.27

Competitive Comparison of Thong Guan Industries Bhd's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Thong Guan Industries 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.


Thong Guan Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thong Guan Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thong Guan Industries Bhd's Cyclically Adjusted PB Ratio falls into.


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Thong Guan Industries 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, Thong Guan Industries Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.426/134.9266*134.9266
=2.426

Current CPI (Mar. 2025) = 134.9266.

Thong Guan Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.710 100.684 2.292
201509 1.796 100.392 2.414
201512 1.851 99.792 2.503
201603 1.876 100.470 2.519
201606 1.947 101.688 2.583
201609 1.766 101.861 2.339
201612 1.817 101.863 2.407
201703 1.843 102.862 2.418
201706 1.784 103.349 2.329
201709 1.762 104.136 2.283
201712 1.724 104.011 2.236
201803 1.737 105.290 2.226
201806 1.765 106.317 2.240
201809 1.757 106.507 2.226
201812 1.816 105.998 2.312
201903 1.863 107.251 2.344
201906 1.644 108.070 2.053
201909 1.561 108.329 1.944
201912 1.565 108.420 1.948
202003 1.618 108.902 2.005
202006 1.662 108.767 2.062
202009 1.668 109.815 2.049
202012 1.699 109.897 2.086
202103 1.759 111.754 2.124
202106 1.830 114.631 2.154
202109 1.867 115.734 2.177
202112 1.909 117.630 2.190
202203 1.976 121.301 2.198
202206 2.032 125.017 2.193
202209 2.086 125.227 2.248
202212 2.103 125.222 2.266
202303 2.133 127.348 2.260
202306 2.182 128.729 2.287
202309 2.229 129.860 2.316
202312 2.337 129.419 2.436
202403 2.359 131.776 2.415
202406 2.403 132.554 2.446
202409 2.383 133.029 2.417
202412 2.382 133.157 2.414
202503 2.426 134.927 2.426

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


Thong Guan Industries Bhd  (XKLS:7034) 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.

Thong Guan Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.12/2.27
=0.49

* 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 Thong Guan Industries Bhd was 2.05. The lowest was 0.49. And the median was 1.23.


Be Aware

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


Thong Guan Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Thong Guan Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 52, Jalan PKNK 1/6, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.

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