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Emico Holdings Bhd (XKLS:9091) Cyclically Adjusted Book per Share : RM0.48 (As of Dec. 2023)


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What is Emico Holdings 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.

Emico Holdings Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.423. 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 RM0.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Emico Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 2.10% 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.

As of today (2024-06-20), Emico Holdings Bhd's current stock price is RM0.33. Emico Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.48. Emico Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emico Holdings Bhd was 0.81. The lowest was 0.52. And the median was 0.63.


Emico Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emico Holdings 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.

Emico Holdings Bhd Cyclically Adjusted Book per Share Chart

Emico Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.46 0.48

Emico Holdings 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 0.47 0.48 0.48 0.48 0.48

Competitive Comparison of Emico Holdings Bhd's Cyclically Adjusted Book per Share

For the Leisure subindustry, Emico Holdings 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.


Emico Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emico Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Emico Holdings 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, Emico Holdings 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)
=0.423/129.4194*129.4194
=0.423

Current CPI (Dec. 2023) = 129.4194.

Emico Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.335 99.695 0.435
201406 0.333 100.560 0.429
201409 0.325 100.428 0.419
201412 0.329 99.070 0.430
201503 0.378 99.621 0.491
201506 0.402 100.684 0.517
201509 0.416 100.392 0.536
201512 0.423 99.792 0.549
201603 0.427 100.470 0.550
201606 0.428 101.688 0.545
201609 0.457 101.861 0.581
201612 0.467 101.863 0.593
201703 0.443 102.862 0.557
201706 0.438 103.349 0.548
201709 0.440 104.136 0.547
201712 0.438 104.011 0.545
201803 0.451 105.290 0.554
201806 0.443 106.317 0.539
201809 0.441 106.507 0.536
201812 0.414 105.998 0.505
201903 0.435 107.251 0.525
201906 0.423 108.070 0.507
201909 0.425 108.329 0.508
201912 0.426 108.420 0.509
202003 0.428 108.902 0.509
202006 0.419 108.767 0.499
202009 0.416 109.815 0.490
202012 0.393 109.897 0.463
202103 0.386 111.754 0.447
202106 0.367 114.631 0.414
202109 0.339 115.734 0.379
202112 0.355 117.630 0.391
202203 0.376 121.301 0.401
202206 0.369 125.017 0.382
202209 0.384 125.227 0.397
202212 0.391 125.222 0.404
202303 0.400 127.348 0.407
202306 0.400 128.729 0.402
202309 0.414 129.860 0.413
202312 0.423 129.419 0.423

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


Emico Holdings Bhd  (XKLS:9091) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.33/0.48
=0.69

* 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 Emico Holdings Bhd was 0.81. The lowest was 0.52. And the median was 0.63.


Be Aware

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


Emico Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Emico Holdings Bhd (XKLS:9091) Business Description

Traded in Other Exchanges
N/A
Address
18 Lebuhraya Kampung Jawa, Bayan Lepas, PNG, MYS, 11900
Emico Holdings Bhd is a Malaysian company that manufactures trophies and souvenirs, contract manufacturing, trading of home furnishing and household products and property development. It has three operating segments that are consumable products, property development and investment holding. Business manufacturing facilities are in Bayan Lepas Industrial Area, Penang. The property development projects are located in Sungai Petani and Langkawi, Kedah. It has business operations across Europe, Malaysia, and other countries. The company generates the majority of its revenue from the consumable products segment, which is engaged in the Manufacturing and trading of consumable products. Geographically the company generates the majority of its revenue from Europe.

Emico Holdings Bhd (XKLS:9091) Headlines

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