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KKB Engineering Bhd (XKLS:9466) Cyclically Adjusted Book per Share : RM1.48 (As of Mar. 2024)


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What is KKB Engineering 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.

KKB Engineering Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM1.425. 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 RM1.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KKB Engineering Bhd's average Cyclically Adjusted Book Growth Rate was 3.50% 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 (2024-06-15), KKB Engineering Bhd's current stock price is RM1.85. KKB Engineering Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.48. KKB Engineering Bhd's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KKB Engineering Bhd was 1.24. The lowest was 0.93. And the median was 1.03.


KKB Engineering Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for KKB Engineering 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.

KKB Engineering Bhd Cyclically Adjusted Book per Share Chart

KKB Engineering 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 - - 1.31 1.41 1.45

KKB Engineering 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 1.43 1.45 1.46 1.45 1.48

Competitive Comparison of KKB Engineering Bhd's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, KKB Engineering 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.


KKB Engineering Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KKB Engineering Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KKB Engineering 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, KKB Engineering 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)
=1.425/131.7762*131.7762
=1.425

Current CPI (Mar. 2024) = 131.7762.

KKB Engineering Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.071 100.560 1.403
201409 1.076 100.428 1.412
201412 1.108 99.070 1.474
201503 1.211 99.621 1.602
201506 1.197 100.684 1.567
201509 1.184 100.392 1.554
201512 1.169 99.792 1.544
201603 1.161 100.470 1.523
201606 1.123 101.688 1.455
201609 1.122 101.861 1.452
201612 1.107 101.863 1.432
201703 1.101 102.862 1.410
201706 1.073 103.349 1.368
201709 1.092 104.136 1.382
201712 1.113 104.011 1.410
201803 1.118 105.290 1.399
201806 1.105 106.317 1.370
201809 1.132 106.507 1.401
201812 1.161 105.998 1.443
201903 1.173 107.251 1.441
201906 1.155 108.070 1.408
201909 1.230 108.329 1.496
201912 1.306 108.420 1.587
202003 1.333 108.902 1.613
202006 1.350 108.767 1.636
202009 1.332 109.815 1.598
202012 1.315 109.897 1.577
202103 1.352 111.754 1.594
202106 1.361 114.631 1.565
202109 1.359 115.734 1.547
202112 1.389 117.630 1.556
202203 1.397 121.301 1.518
202206 1.353 125.017 1.426
202209 1.356 125.227 1.427
202212 1.380 125.222 1.452
202303 1.391 127.348 1.439
202306 1.366 128.729 1.398
202309 1.399 129.860 1.420
202312 1.412 129.419 1.438
202403 1.425 131.776 1.425

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


KKB Engineering Bhd  (XKLS:9466) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.85/1.48
=1.25

* 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 KKB Engineering Bhd was 1.24. The lowest was 0.93. And the median was 1.03.


Be Aware

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


KKB Engineering Bhd Cyclically Adjusted Book per Share Related Terms

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


KKB Engineering Bhd (XKLS:9466) Business Description

Traded in Other Exchanges
N/A
Address
Bintawa Industrial Estate, Lot 865, Section 66, Jalan Kilang, Kuching, SWK, MYS, 93450
KKB Engineering Bhd is a Malaysia-based company engaged in steel fabrication; civil construction; hot-dip galvanizing; the manufacturing of liquefied petroleum gas (LPG) cylinders; structural steel fabrication for oil & gas facilities; and manufacturing and trading of steel pipes and pipe specials. It operates through two segments namely Engineering and construction; and Manufacturing sectors. The Engineering and construction segment includes civil engineering works and construction, steel fabrication, and hot-dip galvanizing. The Manufacturing segment manufactures LPG cylinders, steel pipes, and related products. It generates a vast majority of its revenue from the engineering and construction segment.

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