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Unimech Group Bhd (XKLS:7091) Cyclically Adjusted Book per Share : RM2.31 (As of Mar. 2024)


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What is Unimech Group 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.

Unimech Group Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM2.317. 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 RM2.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Unimech Group Bhd's average Cyclically Adjusted Book Growth Rate was 4.10% 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 (2024-06-18), Unimech Group Bhd's current stock price is RM1.61. Unimech Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM2.31. Unimech Group Bhd's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Unimech Group Bhd was 0.87. The lowest was 0.65. And the median was 0.73.


Unimech Group Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Unimech Group 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.

Unimech Group Bhd Cyclically Adjusted Book per Share Chart

Unimech Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.99 2.17 2.27

Unimech Group Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.22 2.25 2.27 2.27 2.31

Competitive Comparison of Unimech Group Bhd's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Unimech Group 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.


Unimech Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Unimech Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Unimech Group 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, Unimech Group 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)
=2.317/131.7762*131.7762
=2.317

Current CPI (Mar. 2024) = 131.7762.

Unimech Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.771 100.560 2.321
201409 1.764 100.428 2.315
201412 1.789 99.070 2.380
201503 1.810 99.621 2.394
201506 1.847 100.684 2.417
201509 1.892 100.392 2.483
201512 1.911 99.792 2.523
201603 1.899 100.470 2.491
201606 1.955 101.688 2.533
201609 1.963 101.861 2.540
201612 1.960 101.863 2.536
201703 1.988 102.862 2.547
201706 1.974 103.349 2.517
201709 1.972 104.136 2.495
201712 1.945 104.011 2.464
201803 1.941 105.290 2.429
201806 1.922 106.317 2.382
201809 1.641 106.507 2.030
201812 1.644 105.998 2.044
201903 1.680 107.251 2.064
201906 1.719 108.070 2.096
201909 1.755 108.329 2.135
201912 1.781 108.420 2.165
202003 1.754 108.902 2.122
202006 1.837 108.767 2.226
202009 1.812 109.815 2.174
202012 1.828 109.897 2.192
202103 1.889 111.754 2.227
202106 1.920 114.631 2.207
202109 1.950 115.734 2.220
202112 1.953 117.630 2.188
202203 2.019 121.301 2.193
202206 2.077 125.017 2.189
202209 2.137 125.227 2.249
202212 2.107 125.222 2.217
202303 2.207 127.348 2.284
202306 2.311 128.729 2.366
202309 2.297 129.860 2.331
202312 2.292 129.419 2.334
202403 2.317 131.776 2.317

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


Unimech Group Bhd  (XKLS:7091) 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.

Unimech Group Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.61/2.31
=0.70

* 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 Unimech Group Bhd was 0.87. The lowest was 0.65. And the median was 0.73.


Be Aware

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


Unimech Group Bhd Cyclically Adjusted Book per Share Related Terms

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


Unimech Group Bhd (XKLS:7091) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4934, Jalan Chain Ferry, Wisma Unimech, Butterworth, PNG, MYS, 12100
Unimech Group Bhd is a Malaysia-based company involved in the metal fabrication business. Its business segment includes Valves, Instrumentation, and Fittings; Electronic; and Pumps. It derives a majority of the revenue from the Valves, instrumentation, and fittings segment which involves system design, fabrication, manufacturing, and distribution of all kinds of valves, instrumentation and fittings, maintenance of boilers, and combustion. Geographically, the group has operational footprints in Australia, Malaysia, Indonesia, Thailand, the People's Republic of China, Singapore, and other countries; of which key revenue is generated from Malaysia.

Unimech Group Bhd (XKLS:7091) Headlines

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