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Ranhill Utilities Bhd (XKLS:5272) Cyclically Adjusted Book per Share : RM0.58 (As of Mar. 2024)


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What is Ranhill Utilities 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.

Ranhill Utilities Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.611. 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 RM0.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ranhill Utilities Bhd's average Cyclically Adjusted Book Growth Rate was 11.50% 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 (2024-06-10), Ranhill Utilities Bhd's current stock price is RM1.70. Ranhill Utilities Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.58. Ranhill Utilities Bhd's Cyclically Adjusted PB Ratio of today is 2.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ranhill Utilities Bhd was 2.77. The lowest was 0.72. And the median was 1.13.


Ranhill Utilities Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ranhill Utilities 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.

Ranhill Utilities Bhd Cyclically Adjusted Book per Share Chart

Ranhill Utilities 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 - - 0.46 0.50 0.56

Ranhill Utilities 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 0.52 0.54 0.55 0.56 0.58

Competitive Comparison of Ranhill Utilities Bhd's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Ranhill Utilities 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.


Ranhill Utilities Bhd's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ranhill Utilities Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ranhill Utilities 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, Ranhill Utilities 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)
=0.611/131.7762*131.7762
=0.611

Current CPI (Mar. 2024) = 131.7762.

Ranhill Utilities Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.126 99.695 0.167
201406 0.128 100.560 0.168
201409 0.125 100.428 0.164
201412 0.991 99.070 1.318
201506 0.131 100.684 0.171
201509 0.133 100.392 0.175
201512 0.246 99.792 0.325
201603 0.761 100.470 0.998
201606 0.515 101.688 0.667
201609 0.526 101.861 0.680
201612 0.508 101.863 0.657
201703 0.524 102.862 0.671
201706 0.519 103.349 0.662
201709 0.541 104.136 0.685
201712 0.527 104.011 0.668
201803 0.523 105.290 0.655
201806 0.524 106.317 0.649
201809 0.527 106.507 0.652
201812 0.409 105.998 0.508
201903 0.510 107.251 0.627
201906 0.521 108.070 0.635
201909 0.526 108.329 0.640
201912 0.462 108.420 0.562
202003 0.537 108.902 0.650
202006 0.536 108.767 0.649
202009 0.542 109.815 0.650
202012 0.464 109.897 0.556
202103 0.423 111.754 0.499
202106 0.440 114.631 0.506
202109 0.486 115.734 0.553
202112 0.533 117.630 0.597
202203 0.533 121.301 0.579
202206 0.542 125.017 0.571
202209 0.543 125.227 0.571
202212 0.593 125.222 0.624
202303 0.603 127.348 0.624
202306 0.578 128.729 0.592
202309 0.585 129.860 0.594
202312 0.602 129.419 0.613
202403 0.611 131.776 0.611

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


Ranhill Utilities Bhd  (XKLS:5272) 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.

Ranhill Utilities Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.70/0.58
=2.93

* 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 Ranhill Utilities Bhd was 2.77. The lowest was 0.72. And the median was 1.13.


Be Aware

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


Ranhill Utilities Bhd Cyclically Adjusted Book per Share Related Terms

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


Ranhill Utilities Bhd (XKLS:5272) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Garuda, Larkin, Bangunan Ranhill SAJ, Johor Darul Takzim, Johor Bahru, MYS, 80350
Ranhill Utilities Bhd is engaged in investment holding business. Its services include the provision of water supply services by source-to-tap water in Johor, Water and wastewater treatment offering water and industrial wastewater treatment technologies, and Non-Revenue Water management and reduction programmes. The company's segments are Environment sector which offers water supply services, specialized services in the management and optimisation of water utility assets, and operation of water and wastewater treatment plants; Power sector in which the group owns and operates two combined cycle gas turbine power plants in Sabah, Malaysia; and Other segment covering management services to subsidiaries. It operates in Malaysia and Thailand, and earns key revenue from the Environment segment.

Ranhill Utilities Bhd (XKLS:5272) Headlines

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