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QL Resources Bhd (XKLS:7084) Cyclically Adjusted Book per Share : RM0.96 (As of Dec. 2023)


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What is QL Resources 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.

QL Resources Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM1.197. 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 RM0.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, QL Resources Bhd's average Cyclically Adjusted Book Growth Rate was 11.60% 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 (2024-05-19), QL Resources Bhd's current stock price is RM6.59. QL Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.96. QL Resources Bhd's Cyclically Adjusted PB Ratio of today is 6.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of QL Resources Bhd was 7.29. The lowest was 5.78. And the median was 6.30.


QL Resources Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for QL Resources 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.

QL Resources Bhd Cyclically Adjusted Book per Share Chart

QL Resources Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.79 0.89

QL Resources 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 0.86 0.89 0.92 0.94 0.96

Competitive Comparison of QL Resources Bhd's Cyclically Adjusted Book per Share

For the Farm Products subindustry, QL Resources 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.


QL Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, QL Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where QL Resources Bhd's Cyclically Adjusted PB Ratio falls into.



QL Resources 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, QL Resources 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)
=1.197/129.4194*129.4194
=1.197

Current CPI (Dec. 2023) = 129.4194.

QL Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.528 99.695 0.685
201406 0.534 100.560 0.687
201409 0.533 100.428 0.687
201412 0.566 99.070 0.739
201503 0.586 99.621 0.761
201506 0.607 100.684 0.780
201509 0.618 100.392 0.797
201512 0.650 99.792 0.843
201603 0.654 100.470 0.842
201606 0.677 101.688 0.862
201609 0.678 101.861 0.861
201612 0.706 101.863 0.897
201703 0.726 102.862 0.913
201706 0.731 103.349 0.915
201709 0.723 104.136 0.899
201712 0.732 104.011 0.911
201803 0.742 105.290 0.912
201806 0.767 106.317 0.934
201809 0.747 106.507 0.908
201812 0.785 105.998 0.958
201903 0.795 107.251 0.959
201906 0.819 108.070 0.981
201909 0.814 108.329 0.972
201912 0.844 108.420 1.007
202003 0.829 108.902 0.985
202006 0.881 108.767 1.048
202009 0.894 109.815 1.054
202012 0.901 109.897 1.061
202103 0.951 111.754 1.101
202106 0.970 114.631 1.095
202109 0.996 115.734 1.114
202112 0.986 117.630 1.085
202203 1.015 121.301 1.083
202206 1.056 125.017 1.093
202209 1.068 125.227 1.104
202212 1.091 125.222 1.128
202303 1.092 127.348 1.110
202306 1.145 128.729 1.151
202309 1.153 129.860 1.149
202312 1.197 129.419 1.197

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


QL Resources Bhd  (XKLS:7084) 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.

QL Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.59/0.96
=6.86

* 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 QL Resources Bhd was 7.29. The lowest was 5.78. And the median was 6.30.


Be Aware

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


QL Resources Bhd Cyclically Adjusted Book per Share Related Terms

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


QL Resources Bhd (XKLS:7084) Business Description

Traded in Other Exchanges
N/A
Address
Number 16A, Jalan Astaka U8/83, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
QL Resources Bhd is an agro-food company. The company has the following principal segments; Integrated Livestock Farming, Marine Products Manufacturing, and Palm oil and clean energy and Convenience store chain. It farms and produces resource-efficient protein and food energy sources. The group's business operates in five geographical areas: Malaysia, Indonesia, Vietnam, China, and Singapore. It generates the majority of its revenue from the Integrated Livestock Farming segment.

QL Resources Bhd (XKLS:7084) Headlines

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