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Ahmad Zaki Resources Bhd (XKLS:7078) Cyclically Adjusted Book per Share : RM0.71 (As of Mar. 2024)


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What is Ahmad Zaki Resources 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.

Ahmad Zaki Resources Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.263. 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 RM0.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ahmad Zaki Resources Bhd's average Cyclically Adjusted Book Growth Rate was -4.10% 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), Ahmad Zaki Resources Bhd's current stock price is RM0.25. Ahmad Zaki Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.71. Ahmad Zaki Resources Bhd's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ahmad Zaki Resources Bhd was 0.37. The lowest was 0.17. And the median was 0.26.


Ahmad Zaki Resources Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ahmad Zaki Resources 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.

Ahmad Zaki Resources Bhd Cyclically Adjusted Book per Share Chart

Ahmad Zaki Resources Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.75 0.73

Ahmad Zaki Resources Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Mar20 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 0.74 0.73 0.72 0.70 0.71

Competitive Comparison of Ahmad Zaki Resources Bhd's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Ahmad Zaki Resources 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.


Ahmad Zaki Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Ahmad Zaki Resources Bhd's Cyclically Adjusted PB Ratio falls into.



Ahmad Zaki Resources 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, Ahmad Zaki Resources 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)
=0.263/131.7762*131.7762
=0.263

Current CPI (Mar. 2024) = 131.7762.

Ahmad Zaki Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.570 98.326 0.764
201403 0.577 99.695 0.763
201406 0.861 100.560 1.128
201409 0.601 100.428 0.789
201412 0.606 99.070 0.806
201503 0.614 99.621 0.812
201506 0.618 100.684 0.809
201509 0.622 100.392 0.816
201512 0.625 99.792 0.825
201603 0.649 100.470 0.851
201606 0.638 101.688 0.827
201609 0.654 101.861 0.846
201612 0.672 101.863 0.869
201703 0.689 102.862 0.883
201706 0.740 103.349 0.944
201709 0.764 104.136 0.967
201712 0.747 104.011 0.946
201803 0.769 105.290 0.962
201806 0.784 106.317 0.972
201809 0.793 106.507 0.981
201812 0.774 105.998 0.962
201903 0.780 107.251 0.958
201906 0.783 108.070 0.955
201909 0.785 108.329 0.955
202003 0.655 108.902 0.793
202009 0.544 109.815 0.653
202012 0.573 109.897 0.687
202103 0.531 111.754 0.626
202106 0.435 114.631 0.500
202109 0.494 115.734 0.562
202112 0.479 117.630 0.537
202203 0.451 121.301 0.490
202206 0.293 125.017 0.309
202209 0.319 125.227 0.336
202212 0.286 125.222 0.301
202303 0.273 127.348 0.282
202306 0.113 128.729 0.116
202309 0.097 129.860 0.098
202312 0.253 129.419 0.258
202403 0.263 131.776 0.263

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


Ahmad Zaki Resources Bhd  (XKLS:7078) 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.

Ahmad Zaki Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.25/0.71
=0.35

* 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 Ahmad Zaki Resources Bhd was 0.37. The lowest was 0.17. And the median was 0.26.


Be Aware

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


Ahmad Zaki Resources Bhd Cyclically Adjusted Book per Share Related Terms

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


Ahmad Zaki Resources Bhd (XKLS:7078) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 71, Persiaran Gurney, Menara AZRB, Kuala Lumpur, SGR, MYS, 54000
Ahmad Zaki Resources Bhd is an investment holding company. The company's operating segment includes Engineering and Construction; Concession; Oil and Gas; Plantation; Property and Others. It generates maximum revenue from the Engineering and Construction segment. The Engineering and Construction segment includes civil and structural works. Geographically, it derives a majority of its revenue from Malaysia. Malaysia region includes civil and structural works, concession assets management, dealing in marine fuels, lubricants, petroleum-based products, logistic management, vessel-related services, property development, investment holding, and provision of management services.

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