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Naim Holdings Bhd (XKLS:5073) Cyclically Adjusted Book per Share : RM4.69 (As of Mar. 2024)


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What is Naim 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.

Naim Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM2.628. 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 RM4.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Naim Holdings Bhd's average Cyclically Adjusted Book Growth Rate was -2.30% 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 (2024-06-10), Naim Holdings Bhd's current stock price is RM1.33. Naim Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM4.69. Naim Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Naim Holdings Bhd was 0.28. The lowest was 0.09. And the median was 0.13.


Naim Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Naim 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.

Naim Holdings Bhd Cyclically Adjusted Book per Share Chart

Naim Holdings 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 - - 4.63 4.77 4.70

Naim Holdings 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 4.80 4.81 4.79 4.70 4.69

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

For the Engineering & Construction subindustry, Naim 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.


Naim Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Naim 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, Naim Holdings 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)
=2.628/131.7762*131.7762
=2.628

Current CPI (Mar. 2024) = 131.7762.

Naim Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.910 100.560 6.434
201409 5.082 100.428 6.668
201412 5.322 99.070 7.079
201503 5.368 99.621 7.101
201506 5.412 100.684 7.083
201509 5.508 100.392 7.230
201512 5.517 99.792 7.285
201603 5.456 100.470 7.156
201606 5.427 101.688 7.033
201609 5.500 101.861 7.115
201612 5.515 101.863 7.135
201703 5.490 102.862 7.033
201706 5.357 103.349 6.830
201709 4.957 104.136 6.273
201712 4.675 104.011 5.923
201803 4.350 105.290 5.444
201806 4.406 106.317 5.461
201809 4.514 106.507 5.585
201812 4.959 105.998 6.165
201903 2.579 107.251 3.169
201906 2.607 108.070 3.179
201909 2.686 108.329 3.267
201912 2.693 108.420 3.273
202003 2.685 108.902 3.249
202006 2.670 108.767 3.235
202009 2.667 109.815 3.200
202012 2.693 109.897 3.229
202103 2.682 111.754 3.163
202106 2.676 114.631 3.076
202109 2.614 115.734 2.976
202112 2.458 117.630 2.754
202203 2.474 121.301 2.688
202206 2.501 125.017 2.636
202209 2.526 125.227 2.658
202212 2.526 125.222 2.658
202303 2.510 127.348 2.597
202306 2.556 128.729 2.617
202309 2.578 129.860 2.616
202312 2.611 129.419 2.659
202403 2.628 131.776 2.628

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


Naim Holdings Bhd  (XKLS:5073) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.33/4.69
=0.28

* 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 Naim Holdings Bhd was 0.28. The lowest was 0.09. And the median was 0.13.


Be Aware

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


Naim Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Naim Holdings Bhd (XKLS:5073) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 1/2 Mile, Rock Road, 9th Floor, Wisma Naim, Kuching, SWK, MYS, 93200
Naim Holdings Bhd is an investment holding company engaged in property developments, construction, civil engineering, infrastructure projects, and oil and gas services. It operates in three reportable segments. The property development segment includes the development and construction of residential and commercial properties and the sale of vacant land. The Construction segment includes the construction of buildings, roads, bridges, and other infrastructures and engineering works including oil and gas-related construction projects, and Other segments include the manufacture and sale of buildings and construction materials, property investment, and quarry operation.

Naim Holdings Bhd (XKLS:5073) Headlines

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