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Kossan Rubber Industries Bhd (XKLS:7153) Cyclically Adjusted Book per Share : RM0.92 (As of Mar. 2024)


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What is Kossan Rubber Industries 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.

Kossan Rubber Industries Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM1.517. 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 RM0.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kossan Rubber Industries Bhd's average Cyclically Adjusted Book Growth Rate was 17.90% 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), Kossan Rubber Industries Bhd's current stock price is RM2.35. Kossan Rubber Industries Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.92. Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio of today is 2.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kossan Rubber Industries Bhd was 4.74. The lowest was 1.41. And the median was 1.91.


Kossan Rubber Industries Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kossan Rubber Industries 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.

Kossan Rubber Industries Bhd Cyclically Adjusted Book per Share Chart

Kossan Rubber Industries 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 - - 0.57 0.74 0.88

Kossan Rubber Industries 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 0.78 0.82 0.85 0.88 0.92

Competitive Comparison of Kossan Rubber Industries Bhd's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries 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.


Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio falls into.



Kossan Rubber Industries 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, Kossan Rubber Industries 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)
=1.517/131.7762*131.7762
=1.517

Current CPI (Mar. 2024) = 131.7762.

Kossan Rubber Industries Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.303 100.560 0.397
201409 0.308 100.428 0.404
201412 0.316 99.070 0.420
201503 0.334 99.621 0.442
201506 0.352 100.684 0.461
201509 0.363 100.392 0.476
201512 0.372 99.792 0.491
201603 0.392 100.470 0.514
201606 0.392 101.688 0.508
201609 0.405 101.861 0.524
201612 0.409 101.863 0.529
201703 0.426 102.862 0.546
201706 0.444 103.349 0.566
201709 0.447 104.136 0.566
201712 0.452 104.011 0.573
201803 0.469 105.290 0.587
201806 0.486 106.317 0.602
201809 0.491 106.507 0.607
201812 0.514 105.998 0.639
201903 0.523 107.251 0.643
201906 0.530 108.070 0.646
201909 0.548 108.329 0.667
201912 0.557 108.420 0.677
202003 0.582 108.902 0.704
202006 0.619 108.767 0.750
202009 0.756 109.815 0.907
202012 0.934 109.897 1.120
202103 1.228 111.754 1.448
202106 1.527 114.631 1.755
202109 1.615 115.734 1.839
202112 1.580 117.630 1.770
202203 1.616 121.301 1.756
202206 1.514 125.017 1.596
202209 1.524 125.227 1.604
202212 1.519 125.222 1.599
202303 1.488 127.348 1.540
202306 1.488 128.729 1.523
202309 1.504 129.860 1.526
202312 1.503 129.419 1.530
202403 1.517 131.776 1.517

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


Kossan Rubber Industries Bhd  (XKLS:7153) 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.

Kossan Rubber Industries Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.35/0.92
=2.55

* 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 Kossan Rubber Industries Bhd was 4.74. The lowest was 1.41. And the median was 1.91.


Be Aware

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


Kossan Rubber Industries Bhd Cyclically Adjusted Book per Share Related Terms

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


Kossan Rubber Industries Bhd (XKLS:7153) Business Description

Traded in Other Exchanges
N/A
Address
Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (XKLS:7153) Headlines

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