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Taliworks Bhd (XKLS:8524) Cyclically Adjusted Book per Share : RM0.58 (As of Mar. 2024)


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What is Taliworks 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.

Taliworks Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.342. 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 RM0.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taliworks Bhd's average Cyclically Adjusted Book Growth Rate was 1.80% 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 (2024-06-22), Taliworks Bhd's current stock price is RM0.795. Taliworks Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.58. Taliworks Bhd's Cyclically Adjusted PB Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taliworks Bhd was 1.85. The lowest was 1.30. And the median was 1.56.


Taliworks Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taliworks 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.

Taliworks Bhd Cyclically Adjusted Book per Share Chart

Taliworks 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 - - 0.52 0.56 0.57

Taliworks 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 0.57 0.57 0.57 0.57 0.58

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

For the Waste Management subindustry, Taliworks 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.


Taliworks Bhd's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

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

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



Taliworks 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, Taliworks 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)
=0.342/131.7762*131.7762
=0.342

Current CPI (Mar. 2024) = 131.7762.

Taliworks Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.336 100.560 0.440
201409 0.461 100.428 0.605
201412 0.468 99.070 0.623
201503 0.499 99.621 0.660
201506 0.534 100.684 0.699
201509 0.493 100.392 0.647
201512 0.569 99.792 0.751
201603 0.560 100.470 0.734
201606 0.555 101.688 0.719
201609 0.552 101.861 0.714
201612 0.545 101.863 0.705
201703 0.547 102.862 0.701
201706 0.539 103.349 0.687
201709 0.531 104.136 0.672
201712 0.523 104.011 0.663
201803 0.514 105.290 0.643
201806 0.511 106.317 0.633
201809 0.509 106.507 0.630
201812 0.524 105.998 0.651
201903 0.516 107.251 0.634
201906 0.510 108.070 0.622
201909 0.534 108.329 0.650
201912 0.512 108.420 0.622
202003 0.504 108.902 0.610
202006 0.493 108.767 0.597
202009 0.485 109.815 0.582
202012 0.476 109.897 0.571
202103 0.466 111.754 0.549
202106 0.455 114.631 0.523
202109 0.459 115.734 0.523
202112 0.449 117.630 0.503
202203 0.438 121.301 0.476
202206 0.408 125.017 0.430
202209 0.397 125.227 0.418
202212 0.391 125.222 0.411
202303 0.379 127.348 0.392
202306 0.368 128.729 0.377
202309 0.358 129.860 0.363
202312 0.345 129.419 0.351
202403 0.342 131.776 0.342

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


Taliworks Bhd  (XKLS:8524) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.795/0.58
=1.37

* 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 Taliworks Bhd was 1.85. The lowest was 1.30. And the median was 1.56.


Be Aware

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


Taliworks Bhd Cyclically Adjusted Book per Share Related Terms

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


Taliworks Bhd (XKLS:8524) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Jalan Wan Kadir, Level 19, Menara LGB, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
Taliworks Corp Bhd is an investment holding company. The company's operating segment includes Water; Waste management; Construction; Toll highway; Renewables, and others. It generates maximum revenue from the Waste management segment. The Waste Management segment includes solid waste collection and public cleansing management and other related activities. Its Water segment includes management, operations, and maintenance of water treatment plants and water distribution systems. The Construction segment is engaged in the provision of contracting, project, and management services relating to construction contracts. The toll highway segment includes operations and maintenance of toll highways. The renewables segment includes business development of solar and other renewable energy projects.

Taliworks Bhd (XKLS:8524) Headlines

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