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OCR Group Bhd (XKLS:7071) Cyclically Adjusted Book per Share : RM0.30 (As of Mar. 2024)


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What is OCR 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.

OCR Group Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.141. 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 RM0.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OCR Group Bhd's average Cyclically Adjusted Book Growth Rate was -3.20% 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), OCR Group Bhd's current stock price is RM0.09. OCR Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.30. OCR Group Bhd's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OCR Group Bhd was 0.50. The lowest was 0.18. And the median was 0.27.


OCR Group Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for OCR 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.

OCR Group Bhd Cyclically Adjusted Book per Share Chart

OCR Group Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.31 0.31 0.30

OCR Group 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 0.31 0.31 0.30 0.30 0.30

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

For the Real Estate - Development subindustry, OCR 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.


OCR Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, OCR Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OCR 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, OCR Group 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)
=0.141/131.7762*131.7762
=0.141

Current CPI (Mar. 2024) = 131.7762.

OCR Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.268 98.692 0.358
201404 0.263 100.023 0.346
201407 0.243 100.520 0.319
201410 0.264 100.176 0.347
201501 0.255 98.604 0.341
201504 0.245 99.824 0.323
201507 0.237 100.691 0.310
201510 0.243 100.346 0.319
201601 0.221 99.957 0.291
201604 0.223 100.947 0.291
201607 0.230 101.524 0.299
201610 0.230 101.988 0.297
201701 0.240 102.456 0.309
201704 0.245 103.167 0.313
201707 0.272 103.278 0.347
201710 0.307 104.070 0.389
201801 0.304 104.578 0.383
201804 0.306 105.708 0.381
201810 0.310 106.695 0.383
201903 0.282 107.251 0.346
201906 0.292 108.070 0.356
201909 0.301 108.329 0.366
201912 0.276 108.420 0.335
202003 0.299 108.902 0.362
202006 0.295 108.767 0.357
202009 0.297 109.815 0.356
202012 0.277 109.897 0.332
202103 0.252 111.754 0.297
202106 0.248 114.631 0.285
202109 0.237 115.734 0.270
202112 0.231 117.630 0.259
202203 0.211 121.301 0.229
202206 0.202 125.017 0.213
202209 0.192 125.227 0.202
202212 0.185 125.222 0.195
202303 0.184 127.348 0.190
202306 0.164 128.729 0.168
202309 0.160 129.860 0.162
202312 0.140 129.419 0.143
202403 0.141 131.776 0.141

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


OCR Group Bhd  (XKLS:7071) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.09/0.3
=0.30

* 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 OCR Group Bhd was 0.50. The lowest was 0.18. And the median was 0.27.


Be Aware

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


OCR Group Bhd Cyclically Adjusted Book per Share Related Terms

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


OCR Group Bhd (XKLS:7071) Business Description

Industry
Traded in Other Exchanges
N/A
Address
A-3A-01, Block Allamanda, 10 Boulevard Lebuhraya Sprint, Petaling Jaya, SGR, MYS, 47400
OCR Group Bhd operates in three segments namely Construction, Property Development, and Others. It is engaged in the construction of residential and commercial properties. The group operates mainly in Malaysia. The majority of the firm's revenue is generated from the property development segment.

OCR Group Bhd (XKLS:7071) Headlines

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