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LB Aluminium Bhd (XKLS:9326) Cyclically Adjusted Book per Share : RM0.85 (As of Jan. 2024)


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What is LB Aluminium 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.

LB Aluminium Bhd's adjusted book value per share for the three months ended in Jan. 2024 was RM0.923. 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 RM0.85 for the trailing ten years ended in Jan. 2024.

During the past 12 months, LB Aluminium Bhd's average Cyclically Adjusted Book Growth Rate was 4.90% 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 (2024-06-11), LB Aluminium Bhd's current stock price is RM0.585. LB Aluminium Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was RM0.85. LB Aluminium Bhd's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LB Aluminium Bhd was 0.80. The lowest was 0.51. And the median was 0.58.


LB Aluminium Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for LB Aluminium 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.

LB Aluminium Bhd Cyclically Adjusted Book per Share Chart

LB Aluminium Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.76 0.82

LB Aluminium Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.81 0.82 0.83 0.84 0.85

Competitive Comparison of LB Aluminium Bhd's Cyclically Adjusted Book per Share

For the Aluminum subindustry, LB Aluminium 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.


LB Aluminium Bhd's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, LB Aluminium Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LB Aluminium 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, LB Aluminium Bhd's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.923/130.1244*130.1244
=0.923

Current CPI (Jan. 2024) = 130.1244.

LB Aluminium Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.596 100.023 0.775
201407 0.607 100.520 0.786
201410 0.615 100.176 0.799
201501 0.610 98.604 0.805
201504 0.616 99.824 0.803
201507 0.621 100.691 0.803
201510 0.621 100.346 0.805
201601 0.632 99.957 0.823
201604 0.645 100.947 0.831
201607 0.658 101.524 0.843
201610 0.660 101.988 0.842
201701 0.674 102.456 0.856
201704 0.677 103.167 0.854
201707 0.686 103.278 0.864
201710 0.675 104.070 0.844
201801 0.677 104.578 0.842
201804 0.676 105.708 0.832
201807 0.680 106.324 0.832
201810 0.679 106.695 0.828
201901 0.691 106.200 0.847
201904 0.675 107.818 0.815
201907 0.685 108.250 0.823
201910 0.000 108.577 0.000
202001 0.696 108.841 0.832
202004 0.675 108.173 0.812
202007 0.685 109.318 0.815
202010 0.000 109.861 0.000
202101 0.734 110.364 0.865
202104 0.763 112.673 0.881
202107 0.000 115.183 0.000
202110 0.786 116.696 0.876
202201 0.795 118.619 0.872
202204 0.834 121.978 0.890
202207 0.864 125.002 0.899
202210 0.868 125.734 0.898
202301 0.886 126.223 0.913
202304 0.900 127.992 0.915
202307 0.911 128.974 0.919
202310 0.897 129.810 0.899
202401 0.923 130.124 0.923

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


LB Aluminium Bhd  (XKLS:9326) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.585/0.85
=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 LB Aluminium Bhd was 0.80. The lowest was 0.51. And the median was 0.58.


Be Aware

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


LB Aluminium Bhd Cyclically Adjusted Book per Share Related Terms

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


LB Aluminium Bhd (XKLS:9326) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lot 11, Jalan Perusahaan 1, Kawasan Perusahaan Beranang, Semenyih, Beranang, SGR, MYS, 43700
LB Aluminium Bhd is engaged in the business of manufacturing, marketing, and trading aluminum extrusions. The company reports in two segments that are Aluminium and Property development. Their product acts as a raw material for transport, construction, consumer goods, packaging as well as electrical engineering due to its lightweight, excellent conductor of electricity, and durability in nature. Some of its products and services include Aluminium Extrusion, Aluminium Sheets / Coil, Fitting and accessories, Extrusion Presses, and Anodising. Its geographical segments include Malaysia, Singapore, North America, and Others.

LB Aluminium Bhd (XKLS:9326) Headlines

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