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Lagenda Properties Bhd (XKLS:7179) Cyclically Adjusted Book per Share : RM1.55 (As of Mar. 2024)


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What is Lagenda Properties 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.

Lagenda Properties Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM1.366. 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 RM1.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lagenda Properties Bhd's average Cyclically Adjusted Book Growth Rate was -8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.00% 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 Lagenda Properties Bhd was -6.00% per year. The lowest was -6.00% per year. And the median was -6.00% per year.

As of today (2024-06-04), Lagenda Properties Bhd's current stock price is RM1.22. Lagenda Properties Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.55. Lagenda Properties Bhd's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lagenda Properties Bhd was 1.10. The lowest was 0.59. And the median was 0.75.


Lagenda Properties Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lagenda Properties 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.

Lagenda Properties Bhd Cyclically Adjusted Book per Share Chart

Lagenda Properties 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 - 1.89 1.80 1.71 1.57

Lagenda Properties 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 1.69 1.66 1.62 1.57 1.55

Competitive Comparison of Lagenda Properties Bhd's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Lagenda Properties 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.


Lagenda Properties Bhd's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lagenda Properties Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lagenda Properties 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, Lagenda Properties 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)
=1.366/131.7762*131.7762
=1.366

Current CPI (Mar. 2024) = 131.7762.

Lagenda Properties Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.378 100.560 3.116
201409 2.300 100.428 3.018
201412 2.110 99.070 2.807
201503 2.004 99.621 2.651
201506 2.010 100.684 2.631
201509 1.671 100.392 2.193
201512 1.619 99.792 2.138
201603 1.669 100.470 2.189
201606 1.743 101.688 2.259
201609 1.415 101.861 1.831
201612 1.379 101.863 1.784
201703 1.302 102.862 1.668
201706 1.447 103.349 1.845
201709 1.260 104.136 1.594
201712 0.794 104.011 1.006
201803 0.754 105.290 0.944
201806 0.728 106.317 0.902
201809 0.694 106.507 0.859
201812 0.536 105.998 0.666
201903 0.535 107.251 0.657
201906 0.541 108.070 0.660
201909 0.584 108.329 0.710
201912 2.911 108.420 3.538
202003 0.629 108.902 0.761
202006 0.652 108.767 0.790
202009 1.194 109.815 1.433
202012 1.279 109.897 1.534
202103 0.910 111.754 1.073
202106 0.970 114.631 1.115
202109 0.992 115.734 1.130
202112 1.052 117.630 1.179
202203 1.094 121.301 1.188
202206 1.153 125.017 1.215
202209 0.972 125.227 1.023
202212 1.214 125.222 1.278
202303 1.259 127.348 1.303
202306 1.261 128.729 1.291
202309 1.275 129.860 1.294
202312 1.316 129.419 1.340
202403 1.366 131.776 1.366

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


Lagenda Properties Bhd  (XKLS:7179) 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.

Lagenda Properties Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.22/1.55
=0.79

* 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 Lagenda Properties Bhd was 1.10. The lowest was 0.59. And the median was 0.75.


Be Aware

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


Lagenda Properties Bhd Cyclically Adjusted Book per Share Related Terms

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


Lagenda Properties Bhd (XKLS:7179) Business Description

Traded in Other Exchanges
N/A
Address
Pusat Bandar Seri Manjung Seksyen 2, Level 4, No. 131, Persiaran PM2/1, Seri Manjung, PRK, MYS, 32040
Lagenda Properties Bhd is engaged in the construction business. The company constructs residential properties with facilities like swimming pool, garden area, golf course, fitness area, and jogging tracks. The operating segments of the company include Property Development, Construction and Trading. The company derives key revenue from the Property development segment which involves property development activities and the sale of completed units. The group operates in Malaysia.

Lagenda Properties Bhd (XKLS:7179) Headlines

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