GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lay Hong Bhd (XKLS:9385) » Definitions » Cyclically Adjusted Book per Share

Lay Hong Bhd (XKLS:9385) Cyclically Adjusted Book per Share : RM0.62 (As of Dec. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Lay Hong 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.

Lay Hong Bhd's adjusted book value per share for the three months ended in Dec. 2024 was RM0.833. 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 RM0.62 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Lay Hong Bhd's average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 Lay Hong Bhd was 13.20% per year. The lowest was 13.00% per year. And the median was 13.10% per year.

As of today (2025-05-30), Lay Hong Bhd's current stock price is RM0.32. Lay Hong Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was RM0.62. Lay Hong Bhd's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lay Hong Bhd was 1.04. The lowest was 0.46. And the median was 0.58.


Lay Hong Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lay Hong 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.

Lay Hong Bhd Cyclically Adjusted Book per Share Chart

Lay Hong Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.40 0.47 0.52 0.58

Lay Hong 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 0.55 0.58 0.59 0.60 0.62

Competitive Comparison of Lay Hong Bhd's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Lay Hong 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.


Lay Hong Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lay Hong Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Lay Hong 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, Lay Hong 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)
=0.833/133.1571*133.1571
=0.833

Current CPI (Dec. 2024) = 133.1571.

Lay Hong Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.269 99.621 0.360
201506 0.278 100.684 0.368
201509 0.289 100.392 0.383
201512 0.273 99.792 0.364
201603 0.419 100.470 0.555
201606 0.448 101.688 0.587
201609 0.431 101.861 0.563
201612 0.443 101.863 0.579
201703 0.472 102.862 0.611
201706 0.460 103.349 0.593
201709 0.464 104.136 0.593
201712 0.475 104.011 0.608
201803 0.508 105.290 0.642
201806 0.503 106.317 0.630
201809 0.488 106.507 0.610
201812 0.490 105.998 0.616
201903 0.508 107.251 0.631
201906 0.515 108.070 0.635
201909 0.368 108.329 0.452
201912 0.516 108.420 0.634
202003 0.506 108.902 0.619
202006 0.514 108.767 0.629
202009 0.516 109.815 0.626
202012 0.515 109.897 0.624
202103 0.614 111.754 0.732
202106 0.593 114.631 0.689
202109 0.581 115.734 0.668
202112 0.573 117.630 0.649
202203 0.591 121.301 0.649
202206 0.598 125.017 0.637
202209 0.601 125.227 0.639
202212 0.606 125.222 0.644
202303 0.625 127.348 0.654
202306 0.629 128.729 0.651
202309 0.636 129.860 0.652
202312 0.702 129.419 0.722
202403 0.751 131.776 0.759
202406 0.759 132.554 0.762
202409 0.798 133.029 0.799
202412 0.833 133.157 0.833

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


Lay Hong Bhd  (XKLS:9385) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.32/0.62
=0.52

* 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 Lay Hong Bhd was 1.04. The lowest was 0.46. 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.


Lay Hong Bhd Cyclically Adjusted Book per Share Related Terms

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


Lay Hong Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Empayar, Off Persiaran, Wisma Lay Hong, No. 2 Level 10-12, Sultan Ibrahim / KU1, Klang, SGR, MYS, 41150
Lay Hong Bhd is engaged in integrated livestock farming and Investment holding. The Company's three core businesses are Integrated livestock farming; Food manufacturing; and Retail business. It generates maximum revenue from the Integrated livestock farming segment.

Lay Hong Bhd Headlines

No Headlines