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Kelington Group Bhd (XKLS:0151) Cyclically Adjusted Book per Share : RM0.27 (As of Dec. 2023)


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What is Kelington Group 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.

Kelington Group Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.516. 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 RM0.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kelington Group Bhd's average Cyclically Adjusted Book Growth Rate was 12.50% 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 (2024-05-16), Kelington Group Bhd's current stock price is RM2.95. Kelington Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.27. Kelington Group Bhd's Cyclically Adjusted PB Ratio of today is 10.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kelington Group Bhd was 10.96. The lowest was 4.95. And the median was 6.30.


Kelington Group Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kelington Group 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.

Kelington Group Bhd Cyclically Adjusted Book per Share Chart

Kelington Group 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 - - 0.20 0.24 0.27

Kelington Group 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 0.24 0.24 0.25 0.26 0.27

Competitive Comparison of Kelington Group Bhd's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Kelington Group 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.


Kelington Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Kelington Group 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, Kelington Group 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)
=0.516/129.4194*129.4194
=0.516

Current CPI (Dec. 2023) = 129.4194.

Kelington Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.131 99.695 0.170
201406 0.137 100.560 0.176
201409 0.138 100.428 0.178
201412 0.138 99.070 0.180
201503 0.144 99.621 0.187
201506 0.151 100.684 0.194
201509 0.150 100.392 0.193
201512 0.135 99.792 0.175
201603 0.133 100.470 0.171
201606 0.139 101.688 0.177
201609 0.139 101.861 0.177
201612 0.151 101.863 0.192
201703 0.157 102.862 0.198
201706 0.162 103.349 0.203
201709 0.165 104.136 0.205
201712 0.171 104.011 0.213
201803 0.196 105.290 0.241
201806 0.205 106.317 0.250
201809 0.212 106.507 0.258
201812 0.218 105.998 0.266
201903 0.229 107.251 0.276
201906 0.236 108.070 0.283
201909 0.242 108.329 0.289
201912 0.250 108.420 0.298
202003 0.256 108.902 0.304
202006 0.249 108.767 0.296
202009 0.251 109.815 0.296
202012 0.261 109.897 0.307
202103 0.272 111.754 0.315
202106 0.278 114.631 0.314
202109 0.290 115.734 0.324
202112 0.298 117.630 0.328
202203 0.313 121.301 0.334
202206 0.326 125.017 0.337
202209 0.343 125.227 0.354
202212 0.372 125.222 0.384
202303 0.401 127.348 0.408
202306 0.416 128.729 0.418
202309 0.467 129.860 0.465
202312 0.516 129.419 0.516

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


Kelington Group Bhd  (XKLS:0151) 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.

Kelington Group Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.95/0.27
=10.93

* 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 Kelington Group Bhd was 10.96. The lowest was 4.95. And the median was 6.30.


Be Aware

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


Kelington Group Bhd Cyclically Adjusted Book per Share Related Terms

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


Kelington Group Bhd (XKLS:0151) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Jalan Astaka U8/83, Section U8, Bukit Jelutong Industrial Park, Shah Alam, SGR, MYS, 40150
Kelington Group Bhd is principally engaged in the businesses of providing engineering services, construction, and general trading. Its segments include Manufacturing and trading segment which is involved in the manufacturing and trading of industrial gases and materials for contracts; Service segment which is involved in the provision of scientific and technical researches, laboratory testing service and experiments; and Construction segment which is involved in the provision of engineering services and construction and generates majority revenue for the company. Geographically, the company operates in Malaysia, Singapore, PRC and Others.

Kelington Group Bhd (XKLS:0151) Headlines

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