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CWG Holdings Bhd (XKLS:9423) Cyclically Adjusted Book per Share : RM0.73 (As of Dec. 2023)


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What is CWG 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.

CWG Holdings Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.644. 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 RM0.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CWG Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 2.80% 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 (2024-05-20), CWG Holdings Bhd's current stock price is RM0.275. CWG Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.73. CWG Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CWG Holdings Bhd was 0.81. The lowest was 0.36. And the median was 0.47.


CWG Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for CWG 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.

CWG Holdings Bhd Cyclically Adjusted Book per Share Chart

CWG Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.65 0.71 0.73

CWG 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 0.71 0.72 0.73 0.73 0.73

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

For the Paper & Paper Products subindustry, CWG 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.


CWG Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, CWG Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CWG 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, CWG 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)
=0.644/129.4194*129.4194
=0.644

Current CPI (Dec. 2023) = 129.4194.

CWG Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.487 99.695 0.632
201406 0.494 100.560 0.636
201409 0.490 100.428 0.631
201412 0.506 99.070 0.661
201503 0.502 99.621 0.652
201506 0.528 100.684 0.679
201509 0.560 100.392 0.722
201512 0.586 99.792 0.760
201603 0.585 100.470 0.754
201606 0.599 101.688 0.762
201609 0.614 101.861 0.780
201612 0.665 101.863 0.845
201703 0.656 102.862 0.825
201706 0.658 103.349 0.824
201709 0.467 104.136 0.580
201712 0.638 104.011 0.794
201803 0.642 105.290 0.789
201806 0.648 106.317 0.789
201809 0.668 106.507 0.812
201812 0.665 105.998 0.812
201903 0.659 107.251 0.795
201906 0.673 108.070 0.806
201909 0.678 108.329 0.810
201912 0.675 108.420 0.806
202003 0.665 108.902 0.790
202006 0.680 108.767 0.809
202009 0.681 109.815 0.803
202012 0.672 109.897 0.791
202103 0.670 111.754 0.776
202106 0.663 114.631 0.749
202109 0.665 115.734 0.744
202112 0.658 117.630 0.724
202203 0.599 121.301 0.639
202206 0.613 125.017 0.635
202209 0.621 125.227 0.642
202212 0.626 125.222 0.647
202303 0.627 127.348 0.637
202306 0.644 128.729 0.647
202309 0.645 129.860 0.643
202312 0.644 129.419 0.644

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


CWG Holdings Bhd  (XKLS:9423) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.275/0.73
=0.38

* 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 CWG Holdings Bhd was 0.81. The lowest was 0.36. And the median was 0.47.


Be Aware

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


CWG Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


CWG Holdings Bhd (XKLS:9423) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6428, Lorong Mak Mandin Tiga, Mak Mandin Industrial Estate, Butterworth, Seberang Perai, PNG, MYS, 13400
CWG Holdings Bhd is a Malaysia based investment holding company. Through its subsidiaries, the company is involved in the manufacture and sale of stationery and printing material. The products offered include spiral notebooks, pads, hardcover books, files, paper bags, gift wraps, and the publishing of children's books. The group has two segments namely, Manufacture and sale of stationery and printing materials and Investment holding. The company geographically operates in Malaysia, Asia, Oceania, Europe, Africa and America. It generates majority of its revenue from Asia.

CWG Holdings Bhd (XKLS:9423) Headlines

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