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Boustead Heavy Industries Bhd (XKLS:8133) Cyclically Adjusted Book per Share : RM0.91 (As of Dec. 2024)


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What is Boustead Heavy Industries 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.

Boustead Heavy Industries Bhd's adjusted book value per share for the three months ended in Dec. 2024 was RM-0.065. 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 RM0.91 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Boustead Heavy Industries Bhd's average Cyclically Adjusted Book Growth Rate was -12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.10% 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 Boustead Heavy Industries Bhd was -5.50% per year. The lowest was -9.10% per year. And the median was -5.90% per year.

As of today (2025-05-15), Boustead Heavy Industries Bhd's current stock price is RM0.30. Boustead Heavy Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was RM0.91. Boustead Heavy Industries Bhd's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boustead Heavy Industries Bhd was 3.40. The lowest was 0.27. And the median was 0.44.


Boustead Heavy Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Boustead Heavy Industries 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.

Boustead Heavy Industries Bhd Cyclically Adjusted Book per Share Chart

Boustead Heavy Industries Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.21 1.14 1.04 0.91

Boustead Heavy Industries Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.04 1.02 0.99 0.95 0.91

Competitive Comparison of Boustead Heavy Industries Bhd's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Boustead Heavy Industries 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.


Boustead Heavy Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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


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Boustead Heavy Industries 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, Boustead Heavy Industries Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.065/133.1571*133.1571
=-0.065

Current CPI (Dec. 2024) = 133.1571.

Boustead Heavy Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.244 99.621 1.663
201506 1.280 100.684 1.693
201509 1.296 100.392 1.719
201512 1.086 99.792 1.449
201603 1.009 100.470 1.337
201606 1.111 101.688 1.455
201609 1.171 101.861 1.531
201612 1.395 101.863 1.824
201703 1.376 102.862 1.781
201706 1.472 103.349 1.897
201709 1.503 104.136 1.922
201712 1.387 104.011 1.776
201803 1.405 105.290 1.777
201806 1.434 106.317 1.796
201809 1.467 106.507 1.834
201812 0.936 105.998 1.176
201903 0.919 107.251 1.141
201906 0.931 108.070 1.147
201909 0.944 108.329 1.160
201912 0.467 108.420 0.574
202003 0.549 108.902 0.671
202006 0.547 108.767 0.670
202009 0.563 109.815 0.683
202012 0.263 109.897 0.319
202103 0.260 111.754 0.310
202106 0.309 114.631 0.359
202109 0.356 115.734 0.410
202112 0.324 117.630 0.367
202203 0.351 121.301 0.385
202206 0.348 125.017 0.371
202209 0.351 125.227 0.373
202212 0.244 125.222 0.259
202303 0.218 127.348 0.228
202306 0.238 128.729 0.246
202309 0.215 129.860 0.220
202312 -0.047 129.419 -0.048
202403 -0.059 131.776 -0.060
202406 -0.014 132.554 -0.014
202409 -0.035 133.029 -0.035
202412 -0.065 133.157 -0.065

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


Boustead Heavy Industries Bhd  (XKLS:8133) 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.

Boustead Heavy Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.30/0.91
=0.33

* 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 Boustead Heavy Industries Bhd was 3.40. The lowest was 0.27. And the median was 0.44.


Be Aware

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


Boustead Heavy Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Boustead Heavy Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
69 Jalan Raja Chulan, 17th Floor, Menara Boustead, Kuala Lumpur, SGR, MYS, 50200
Boustead Heavy Industries Corp Bhd is an investment holding company. The company's operating segment includes Defence and Security, Commercial, and others. It generates maximum revenue from the Defence and Security segment. The Defence and Security segment is principally engaged in shipbuilding and maintenance, repair, and overhaul (MRO) of the Royal Malaysian Navy's patrol vessels. In addition, the company is also involved in the manufacturing, supply, and maintenance of defense-related electronic products.

Boustead Heavy Industries Bhd Headlines

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