/term/cyclically-adjusted-book/XKLS:7212 Destini Bhd (XKLS:7212) Cyclically Adjusted Book per Share
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Destini Bhd (XKLS:7212) Cyclically Adjusted Book per Share : RM2.03 (As of Mar. 2024)


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What is Destini 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.

Destini Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.438. 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 RM2.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Destini Bhd's average Cyclically Adjusted Book Growth Rate was 0.50% 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 (2024-06-20), Destini Bhd's current stock price is RM0.30. Destini Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM2.03. Destini Bhd's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Destini Bhd was 0.84. The lowest was 0.12. And the median was 0.28.


Destini Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Destini 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.

Destini Bhd Cyclically Adjusted Book per Share Chart

Destini Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.94 2.02

Destini Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.02 2.04 2.04 2.03 2.03

Competitive Comparison of Destini Bhd's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Destini 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.


Destini Bhd's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Destini Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Destini 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, Destini 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)
=0.438/131.7762*131.7762
=0.438

Current CPI (Mar. 2024) = 131.7762.

Destini Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.297 99.695 1.714
201406 1.770 100.560 2.319
201409 1.821 100.428 2.389
201412 1.862 99.070 2.477
201503 1.880 99.621 2.487
201506 1.930 100.684 2.526
201509 1.995 100.392 2.619
201512 2.295 99.792 3.031
201603 2.337 100.470 3.065
201606 2.390 101.688 3.097
201609 2.395 101.861 3.098
201612 2.500 101.863 3.234
201703 2.542 102.862 3.257
201706 2.577 103.349 3.286
201709 2.621 104.136 3.317
201712 2.639 104.011 3.343
201803 2.674 105.290 3.347
201806 2.703 106.317 3.350
201809 2.639 106.507 3.265
201812 2.633 105.998 3.273
201903 2.636 107.251 3.239
201906 2.638 108.070 3.217
201909 2.641 108.329 3.213
201912 1.310 108.420 1.592
202003 1.248 108.902 1.510
202006 1.171 108.767 1.419
202009 1.148 109.815 1.378
202012 0.521 109.897 0.625
202103 0.525 111.754 0.619
202106 0.529 114.631 0.608
202109 0.579 115.734 0.659
202112 0.581 117.630 0.651
202203 0.583 121.301 0.633
202206 0.578 125.017 0.609
202209 0.562 125.227 0.591
202212 0.455 125.222 0.479
202303 0.425 127.348 0.440
202306 0.434 128.729 0.444
202309 0.411 129.860 0.417
202403 0.438 131.776 0.438

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


Destini Bhd  (XKLS:7212) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.30/2.03
=0.15

* 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 Destini Bhd was 0.84. The lowest was 0.12. And the median was 0.28.


Be Aware

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


Destini Bhd Cyclically Adjusted Book per Share Related Terms

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


Destini Bhd (XKLS:7212) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Destini Bhd is engaged in the investment holding and provision of management services. The company operates through two segments. The Maintenance, repair, overhaul and training segment is involved in the support, replacement, and overhaul of aviation, automobile and safety and tabular handling equipment as well as providing training for the use of safety equipment. Its Marine construction segment consists of the development of shipbuilding and restoration and maintenance of vessels.

Destini Bhd (XKLS:7212) Headlines

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