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Rohas Tecnic Bhd (XKLS:9741) Cyclically Adjusted Book per Share : RM1.49 (As of Mar. 2024)


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What is Rohas Tecnic 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.

Rohas Tecnic Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.692. 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 RM1.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rohas Tecnic Bhd's average Cyclically Adjusted Book Growth Rate was -13.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.60% 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 Rohas Tecnic Bhd was -5.10% per year. The lowest was -7.60% per year. And the median was -6.35% per year.

As of today (2024-06-22), Rohas Tecnic Bhd's current stock price is RM0.385. Rohas Tecnic Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.49. Rohas Tecnic Bhd's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rohas Tecnic Bhd was 0.31. The lowest was 0.12. And the median was 0.16.


Rohas Tecnic Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rohas Tecnic 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.

Rohas Tecnic Bhd Cyclically Adjusted Book per Share Chart

Rohas Tecnic 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 2.07 1.95 1.89 1.77 1.54

Rohas Tecnic 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 1.73 1.68 1.62 1.54 1.49

Competitive Comparison of Rohas Tecnic Bhd's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Rohas Tecnic 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.


Rohas Tecnic Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rohas Tecnic Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rohas Tecnic 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, Rohas Tecnic 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)
=0.692/131.7762*131.7762
=0.692

Current CPI (Mar. 2024) = 131.7762.

Rohas Tecnic Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.040 100.560 3.984
201409 3.112 100.428 4.083
201412 3.222 99.070 4.286
201503 5.696 99.621 7.535
201506 0.588 100.684 0.770
201509 0.587 100.392 0.771
201512 0.533 99.792 0.704
201603 0.590 100.470 0.774
201606 0.597 101.688 0.774
201609 0.594 101.861 0.768
201612 4.791 101.863 6.198
201703 5.575 102.862 7.142
201706 0.576 103.349 0.734
201709 0.597 104.136 0.755
201712 0.664 104.011 0.841
201803 0.681 105.290 0.852
201806 0.677 106.317 0.839
201809 0.680 106.507 0.841
201812 0.673 105.998 0.837
201903 0.678 107.251 0.833
201906 0.701 108.070 0.855
201909 0.700 108.329 0.852
201912 0.694 108.420 0.844
202003 0.697 108.902 0.843
202006 0.691 108.767 0.837
202009 0.687 109.815 0.824
202012 0.684 109.897 0.820
202103 0.679 111.754 0.801
202106 0.674 114.631 0.775
202109 0.670 115.734 0.763
202112 0.658 117.630 0.737
202203 0.672 121.301 0.730
202206 0.674 125.017 0.710
202209 0.692 125.227 0.728
202212 0.695 125.222 0.731
202303 0.697 127.348 0.721
202306 0.704 128.729 0.721
202309 0.706 129.860 0.716
202312 0.694 129.419 0.707
202403 0.692 131.776 0.692

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


Rohas Tecnic Bhd  (XKLS:9741) 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.

Rohas Tecnic Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.385/1.49
=0.26

* 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 Rohas Tecnic Bhd was 0.31. The lowest was 0.12. And the median was 0.16.


Be Aware

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


Rohas Tecnic Bhd Cyclically Adjusted Book per Share Related Terms

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


Rohas Tecnic Bhd (XKLS:9741) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rohas PureCircle, East Wing, No. 9, Jalan P. Ramlee, 15th Floor, Kuala Lumpur, MYS, 50250
Rohas Tecnic Bhd is an investment holding company. The company with its subsidiaries is principally involved in plastic molding design and fabrication, plastic injection and blow moulding, provision of secondary and assembly services for the manufacturing of plastic products. The operating segments of the company are the fabrication of towers which include manufacturing, designing, fabrication, and erection of power transmission towers and fabrication of electrical substation structures and Engineering, procurement, construction, and commissioning, and others.

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