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Skygate Solutions Bhd (XKLS:7249) Cyclically Adjusted Book per Share : RM0.87 (As of Jun. 2024)


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What is Skygate Solutions 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.

Skygate Solutions Bhd's adjusted book value per share for the three months ended in Jun. 2024 was RM0.786. 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 RM0.87 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Skygate Solutions Bhd's average Cyclically Adjusted Book Growth Rate was 2.40% 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 (2024-09-26), Skygate Solutions Bhd's current stock price is RM0.82. Skygate Solutions Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was RM0.87. Skygate Solutions Bhd's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Skygate Solutions Bhd was 1.73. The lowest was 0.33. And the median was 0.64.


Skygate Solutions Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Skygate Solutions 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.

Skygate Solutions Bhd Cyclically Adjusted Book per Share Chart

Skygate Solutions 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 - - 0.77 0.83 0.86

Skygate Solutions Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.85 0.86 0.86 0.87 0.87

Competitive Comparison of Skygate Solutions Bhd's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Skygate Solutions 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.


Skygate Solutions Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Skygate Solutions Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Skygate Solutions 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, Skygate Solutions Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.786/132.5538*132.5538
=0.786

Current CPI (Jun. 2024) = 132.5538.

Skygate Solutions Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.485 100.428 0.640
201412 0.493 99.070 0.660
201503 0.496 99.621 0.660
201506 0.499 100.684 0.657
201509 0.526 100.392 0.695
201512 0.553 99.792 0.735
201603 0.594 100.470 0.784
201606 0.616 101.688 0.803
201609 0.594 101.861 0.773
201612 0.577 101.863 0.751
201703 0.607 102.862 0.782
201706 0.609 103.349 0.781
201709 0.624 104.136 0.794
201712 0.592 104.011 0.754
201803 0.670 105.290 0.843
201806 0.728 106.317 0.908
201809 0.741 106.507 0.922
201812 0.734 105.998 0.918
201903 0.779 107.251 0.963
201906 0.833 108.070 1.022
201909 0.860 108.329 1.052
201912 0.840 108.420 1.027
202003 0.880 108.902 1.071
202006 0.886 108.767 1.080
202009 0.914 109.815 1.103
202012 0.850 109.897 1.025
202103 0.895 111.754 1.062
202106 0.896 114.631 1.036
202109 0.850 115.734 0.974
202112 0.834 117.630 0.940
202203 0.837 121.301 0.915
202206 0.834 125.017 0.884
202209 0.834 125.227 0.883
202212 0.827 125.222 0.875
202303 0.831 127.348 0.865
202306 0.833 128.729 0.858
202309 0.837 129.860 0.854
202312 0.831 129.419 0.851
202403 0.834 131.776 0.839
202406 0.786 132.554 0.786

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


Skygate Solutions Bhd  (XKLS:7249) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.82/0.87
=0.94

* 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 Skygate Solutions Bhd was 1.73. The lowest was 0.33. And the median was 0.64.


Be Aware

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


Skygate Solutions Bhd Cyclically Adjusted Book per Share Related Terms

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


Skygate Solutions Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Lebuh Tunku Kudin 3, Suite 1-01-02 Menara IJM Land, Gelugor, MYS, 11700
Ewein Bhd is a Malaysia-based metal fabrication company. It operates through four business segments. The manufacturing segment involves the manufacturing of precision sheet metal fabricated parts and the design and fabrication of moulds, tools, and dies. The property development and construction segment comprises the development of residential properties and trading in construction materials. Property Management offers to let and manage an office building, factory building, heritage, and cultural property, and car park. The investment holding segment manages investment holding activities. Geographically, it has operations in Malaysia, China, Indonesia, and other countries. Maximum revenue is generated from the Property development and construction segment in Malaysia.

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