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Bina Puri Holdings Bhd (XKLS:5932) Cyclically Adjusted Book per Share : RM3.33 (As of Dec. 2023)


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What is Bina Puri 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.

Bina Puri Holdings Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.109. 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 RM3.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bina Puri Holdings Bhd's average Cyclically Adjusted Book Growth Rate was -12.60% 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.

As of today (2024-06-06), Bina Puri Holdings Bhd's current stock price is RM0.42. Bina Puri Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM3.33. Bina Puri Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bina Puri Holdings Bhd was 0.14. The lowest was 0.04. And the median was 0.06.


Bina Puri Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bina Puri 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.

Bina Puri Holdings Bhd Cyclically Adjusted Book per Share Chart

Bina Puri Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.08 3.61

Bina Puri Holdings 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 3.81 3.72 3.61 3.48 3.33

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

For the Engineering & Construction subindustry, Bina Puri 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.


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

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

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



Bina Puri 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, Bina Puri Holdings 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)
=0.109/129.4194*129.4194
=0.109

Current CPI (Dec. 2023) = 129.4194.

Bina Puri Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.667 98.326 6.143
201403 4.861 99.695 6.310
201406 5.320 100.560 6.847
201409 4.671 100.428 6.019
201412 4.683 99.070 6.118
201503 4.419 99.621 5.741
201506 4.260 100.684 5.476
201509 4.136 100.392 5.332
201512 4.050 99.792 5.252
201603 4.053 100.470 5.221
201606 4.032 101.688 5.132
201609 3.960 101.861 5.031
201612 3.948 101.863 5.016
201703 3.819 102.862 4.805
201706 3.762 103.349 4.711
201709 3.814 104.136 4.740
201712 3.860 104.011 4.803
201803 3.830 105.290 4.708
201806 3.672 106.317 4.470
201809 3.592 106.507 4.365
201903 2.920 107.251 3.524
201906 2.854 108.070 3.418
201909 2.859 108.329 3.416
201912 1.879 108.420 2.243
202003 1.804 108.902 2.144
202006 1.587 108.767 1.888
202009 1.567 109.815 1.847
202012 1.482 109.897 1.745
202103 1.389 111.754 1.609
202106 0.746 114.631 0.842
202109 0.744 115.734 0.832
202112 0.687 117.630 0.756
202203 0.632 121.301 0.674
202206 0.524 125.017 0.542
202209 0.468 125.227 0.484
202212 0.347 125.222 0.359
202303 0.181 127.348 0.184
202306 0.155 128.729 0.156
202309 0.133 129.860 0.133
202312 0.109 129.419 0.109

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


Bina Puri Holdings Bhd  (XKLS:5932) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.42/3.33
=0.13

* 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 Bina Puri Holdings Bhd was 0.14. The lowest was 0.04. And the median was 0.06.


Be Aware

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


Bina Puri Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Bina Puri Holdings Bhd (XKLS:5932) Business Description

Industry
Traded in Other Exchanges
N/A
Address
88 Jalan Bukit Idaman 8/1, Wisma Bina Puri, Bukit Idaman, Selayang, SGR, MYS, 68100
Bina Puri Holdings Bhd operates as a contractor for earthworks and building, project management services and investment holding. The operating business segments are Construction segment, Property development segment, Quarry and and Power supply segment. The construction segment is involved in the construction of earthworks, building, and road. Property development segment is involved in property development. Quarry and ready-mix concrete segment include quarry operation and production of ready-mix concrete. Polyol segment is involved in the manufacturing of polyol and power supply segment is involved in the generation and supply of electricity. The group operates in Malaysia. The Construction segment derives maximum revenue.

Bina Puri Holdings Bhd (XKLS:5932) Headlines

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