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Rex Industry Bhd (XKLS:9946) Cyclically Adjusted Book per Share : RM0.35 (As of Mar. 2024)


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What is Rex Industry 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.

Rex Industry Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.152. 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 RM0.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rex Industry Bhd's average Cyclically Adjusted Book Growth Rate was -5.40% 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 (2024-06-09), Rex Industry Bhd's current stock price is RM0.10. Rex Industry Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.35. Rex Industry Bhd's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rex Industry Bhd was 0.59. The lowest was 0.26. And the median was 0.36.


Rex Industry Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rex Industry 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.

Rex Industry Bhd Cyclically Adjusted Book per Share Chart

Rex Industry Bhd Annual Data
Trend Dec12 Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.38 0.36

Rex Industry 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 0.37 0.36 0.36 0.35 0.35

Competitive Comparison of Rex Industry Bhd's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Rex Industry 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.


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

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

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



Rex Industry 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, Rex Industry 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)
=0.152/131.7762*131.7762
=0.152

Current CPI (Mar. 2024) = 131.7762.

Rex Industry Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.351 98.326 0.470
201403 0.353 99.695 0.467
201406 0.352 100.560 0.461
201409 0.357 100.428 0.468
201412 0.360 99.070 0.479
201503 0.366 99.621 0.484
201506 0.373 100.684 0.488
201509 0.371 100.392 0.487
201603 0.350 100.470 0.459
201609 0.348 101.861 0.450
201612 0.356 101.863 0.461
201703 0.356 102.862 0.456
201706 0.353 103.349 0.450
201709 0.354 104.136 0.448
201712 0.350 104.011 0.443
201803 0.345 105.290 0.432
201806 0.313 106.317 0.388
201809 0.309 106.507 0.382
201812 0.306 105.998 0.380
201903 0.293 107.251 0.360
201906 0.281 108.070 0.343
201909 0.278 108.329 0.338
201912 0.275 108.420 0.334
202003 0.262 108.902 0.317
202006 0.252 108.767 0.305
202009 0.248 109.815 0.298
202012 0.223 109.897 0.267
202103 0.224 111.754 0.264
202106 0.225 114.631 0.259
202109 0.228 115.734 0.260
202112 0.227 117.630 0.254
202203 0.229 121.301 0.249
202206 0.229 125.017 0.241
202209 0.220 125.227 0.232
202212 0.212 125.222 0.223
202303 0.212 127.348 0.219
202306 0.157 128.729 0.161
202309 0.155 129.860 0.157
202312 0.153 129.419 0.156
202403 0.152 131.776 0.152

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


Rex Industry Bhd  (XKLS:9946) 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.

Rex Industry Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.10/0.35
=0.29

* 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 Rex Industry Bhd was 0.59. The lowest was 0.26. And the median was 0.36.


Be Aware

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


Rex Industry Bhd Cyclically Adjusted Book per Share Related Terms

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


Rex Industry Bhd (XKLS:9946) Business Description

Traded in Other Exchanges
N/A
Address
Plot 126, Jalan Perindustrian, Bukit Minyak 5, Seberang Perai Tengah, Simpang Ampat, PNG, MYS, 14100
Rex Industry Bhd is the manufacturer and distributor of canned food, beverage and confectionary products. It is engaged in the production of halal canned products, frozen food, and beverages in Malaysia. The company and its subsidiaries are also involved in the manufacturing of biscuits, trading of canned food, drinks, and shelf-stable convenience food. It also exports canned processed seafood. The company operates in four principal geographical areas which include Malaysia, the United States of America, Europe, and Asia.

Rex Industry Bhd (XKLS:9946) Headlines

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