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Hextar Healthcare Bhd (XKLS:7803) Cyclically Adjusted Book per Share : RM0.50 (As of Mar. 2024)


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What is Hextar Healthcare 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.

Hextar Healthcare Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.542. 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 RM0.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hextar Healthcare Bhd's average Cyclically Adjusted Book Growth Rate was 8.70% 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 (2024-06-23), Hextar Healthcare Bhd's current stock price is RM0.235. Hextar Healthcare Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.50. Hextar Healthcare Bhd's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hextar Healthcare Bhd was 2.59. The lowest was 0.41. And the median was 0.83.


Hextar Healthcare Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hextar Healthcare 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.

Hextar Healthcare Bhd Cyclically Adjusted Book per Share Chart

Hextar Healthcare 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 - - 0.39 0.45 0.49

Hextar Healthcare 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 0.46 0.47 0.48 0.49 0.50

Competitive Comparison of Hextar Healthcare Bhd's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Hextar Healthcare 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.


Hextar Healthcare Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hextar Healthcare Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hextar Healthcare 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, Hextar Healthcare 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)
=0.542/131.7762*131.7762
=0.542

Current CPI (Mar. 2024) = 131.7762.

Hextar Healthcare Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.278 100.560 0.364
201409 0.289 100.428 0.379
201412 0.302 99.070 0.402
201503 0.321 99.621 0.425
201506 0.332 100.684 0.435
201509 0.371 100.392 0.487
201512 0.358 99.792 0.473
201603 0.337 100.470 0.442
201606 0.344 101.688 0.446
201609 0.352 101.861 0.455
201612 0.366 101.863 0.473
201703 0.371 102.862 0.475
201706 0.362 103.349 0.462
201709 0.368 104.136 0.466
201712 0.366 104.011 0.464
201803 0.369 105.290 0.462
201806 0.366 106.317 0.454
201809 0.364 106.507 0.450
201812 0.283 105.998 0.352
201903 0.286 107.251 0.351
201906 0.286 108.070 0.349
201909 0.268 108.329 0.326
201912 0.271 108.420 0.329
202003 0.284 108.902 0.344
202006 0.323 108.767 0.391
202009 0.339 109.815 0.407
202012 0.454 109.897 0.544
202103 0.549 111.754 0.647
202106 0.631 114.631 0.725
202109 0.676 115.734 0.770
202112 0.689 117.630 0.772
202203 0.691 121.301 0.751
202206 0.695 125.017 0.733
202209 0.575 125.227 0.605
202212 0.603 125.222 0.635
202303 0.601 127.348 0.622
202306 0.597 128.729 0.611
202309 0.586 129.860 0.595
202312 0.541 129.419 0.551
202403 0.542 131.776 0.542

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


Hextar Healthcare Bhd  (XKLS:7803) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.235/0.5
=0.47

* 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 Hextar Healthcare Bhd was 2.59. The lowest was 0.41. And the median was 0.83.


Be Aware

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


Hextar Healthcare Bhd Cyclically Adjusted Book per Share Related Terms

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


Hextar Healthcare Bhd (XKLS:7803) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Bercham, Lot 138201, Off 3/4 Mile, Kawasan Perindustrian Bercham, Ipoh, PRK, MYS, 31400
Hextar Healthcare Bhd, formerly Rubberex Corp (M) Bhd is principally involved in an investment holding. Through its subsidiaries, it manufactures and sells rubber gloves. The company offers a wide range of industrial and safety gloves, household rubber gloves, and disposable vinyl and nitrile gloves. The company operates in three different segments namely Gloves operation Medical devices operation and Investment holding. It has operations in Malaysia and Europe.

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