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M & A Equity Holdings Bhd (XKLS:7082) Cyclically Adjusted Book per Share : RM0.48 (As of Mar. 2024)


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What is M & A Equity 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.

M & A Equity Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.205. 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 RM0.48 for the trailing ten years ended in Mar. 2024.

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 (2024-06-14), M & A Equity Holdings Bhd's current stock price is RM0.36. M & A Equity Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.48. M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of M & A Equity Holdings Bhd was 1.01. The lowest was 0.45. And the median was 0.69.


M & A Equity Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for M & A Equity 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.

M & A Equity Holdings Bhd Cyclically Adjusted Book per Share Chart

M & A Equity Holdings Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.43 0.47 -

M & A Equity Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 0.48 0.48 0.48 0.48 0.48

Competitive Comparison of M & A Equity Holdings Bhd's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, M & A Equity 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.


M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio falls into.



M & A Equity 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, M & A Equity Holdings 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)
=0.205/131.7762*131.7762
=0.205

Current CPI (Mar. 2024) = 131.7762.

M & A Equity Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.327 100.023 0.431
201407 0.340 100.520 0.446
201410 0.400 100.176 0.526
201501 0.368 98.604 0.492
201504 0.379 99.824 0.500
201507 0.395 100.691 0.517
201510 0.413 100.346 0.542
201601 0.430 99.957 0.567
201604 0.445 100.947 0.581
201607 0.458 101.524 0.594
201610 0.478 101.988 0.618
201701 0.480 102.456 0.617
201704 0.495 103.167 0.632
201707 0.519 103.278 0.662
201710 0.528 104.070 0.669
201801 0.522 104.578 0.658
201804 0.497 105.708 0.620
201807 0.484 106.324 0.600
201810 0.478 106.695 0.590
201901 0.458 106.200 0.568
201904 0.449 107.818 0.549
201907 0.404 108.250 0.492
201910 0.399 108.577 0.484
202001 0.393 108.841 0.476
202004 0.392 108.173 0.478
202007 0.382 109.318 0.460
202010 0.384 109.861 0.461
202101 0.386 110.364 0.461
202104 0.377 112.673 0.441
202107 0.372 115.183 0.426
202110 0.333 116.696 0.376
202201 0.332 118.619 0.369
202204 0.329 121.978 0.355
202207 0.326 125.002 0.344
202210 0.324 125.734 0.340
202301 0.321 126.223 0.335
202304 0.253 127.992 0.260
202309 0.200 129.860 0.203
202312 0.203 129.419 0.207
202403 0.205 131.776 0.205

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


M & A Equity Holdings Bhd  (XKLS:7082) 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.

M & A Equity Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.36/0.48
=0.75

* 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 M & A Equity Holdings Bhd was 1.01. The lowest was 0.45. And the median was 0.69.


Be Aware

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


M & A Equity Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


M & A Equity Holdings Bhd (XKLS:7082) Business Description

Traded in Other Exchanges
N/A
Address
No. 47-11, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 43500
M & A Equity Holdings Bhd is an investment holding company. The company's segments include Financial Service, Property Investment and development and Investment Holding. The Financial services segment represents the company's business, offering a range of financial services to its clients, comprising stock brokerage services, corporate finance advisory services as well as margin financing services to complement its stockbroking business. The property investment and development segment includes the developer of high-rise residential project. The investment holding segment functions as a supporting division to the Group. Its Investment Holding segment activities include corporate and management services to the Group. The company earns majority of its revenue from Financial Services.

M & A Equity Holdings Bhd (XKLS:7082) Headlines

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