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AWC Bhd (XKLS:7579) Cyclically Adjusted Book per Share : RM0.68 (As of Dec. 2023)


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What is AWC 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.

AWC Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.603. 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 RM0.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AWC Bhd's average Cyclically Adjusted Book Growth Rate was 7.90% 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 (2024-05-24), AWC Bhd's current stock price is RM1.19. AWC Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.68. AWC Bhd's Cyclically Adjusted PB Ratio of today is 1.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AWC Bhd was 1.70. The lowest was 0.68. And the median was 0.84.


AWC Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for AWC 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.

AWC Bhd Cyclically Adjusted Book per Share Chart

AWC Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.53 0.61 0.66

AWC 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 0.63 0.65 0.66 0.68 0.68

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

For the Engineering & Construction subindustry, AWC 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.


AWC Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AWC Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AWC 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, AWC 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)
=0.603/129.4194*129.4194
=0.603

Current CPI (Dec. 2023) = 129.4194.

AWC Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.321 99.695 0.417
201406 0.351 100.560 0.452
201409 0.362 100.428 0.467
201412 0.378 99.070 0.494
201503 0.383 99.621 0.498
201506 0.406 100.684 0.522
201509 0.419 100.392 0.540
201512 0.429 99.792 0.556
201603 0.449 100.470 0.578
201606 0.461 101.688 0.587
201609 0.480 101.861 0.610
201612 0.494 101.863 0.628
201703 0.513 102.862 0.645
201706 0.536 103.349 0.671
201709 0.555 104.136 0.690
201712 0.568 104.011 0.707
201803 0.580 105.290 0.713
201806 0.608 106.317 0.740
201809 0.633 106.507 0.769
201812 0.665 105.998 0.812
201903 0.685 107.251 0.827
201906 0.676 108.070 0.810
201909 0.698 108.329 0.834
201912 0.688 108.420 0.821
202003 0.698 108.902 0.830
202006 0.599 108.767 0.713
202009 0.615 109.815 0.725
202012 0.629 109.897 0.741
202103 0.645 111.754 0.747
202106 0.652 114.631 0.736
202109 0.662 115.734 0.740
202112 0.680 117.630 0.748
202203 0.698 121.301 0.745
202206 0.709 125.017 0.734
202209 0.728 125.227 0.752
202212 0.730 125.222 0.754
202303 0.739 127.348 0.751
202306 0.704 128.729 0.708
202309 0.705 129.860 0.703
202312 0.603 129.419 0.603

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


AWC Bhd  (XKLS:7579) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.19/0.68
=1.75

* 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 AWC Bhd was 1.70. The lowest was 0.68. And the median was 0.84.


Be Aware

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


AWC Bhd Cyclically Adjusted Book per Share Related Terms

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


AWC Bhd (XKLS:7579) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AWC Bhd (XKLS:7579) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Jalan USJ 9/5T, No.20-2, Subang Business Centre, UEP Subang Jaya, Subang Jaya, SGR, MYS, 47620
AWC Bhd is an investment holding company that provides total asset management services such as integrated facilities management and engineering services to building owners. The company has five divisions namely, Facilities division engages in the provision of integrated range of maintenance services for office, commercial, industrial, residential and administrative buildings; Engineering division comprises plumbing and air-conditioning; Environment division comprises of pneumatic technology used for waste collection and transports it via reticulated pipes, Investment holding division offers group-level corporate services, and Rail division provides railway infrastructure works. The Facilities division derives the majority of revenue.

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