GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PMB Technology Bhd (XKLS:7172) » Definitions » Cyclically Adjusted Book per Share

PMB Technology Bhd (XKLS:7172) Cyclically Adjusted Book per Share : RM0.48 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is PMB Technology 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.

PMB Technology Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.595. 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 RM0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PMB Technology Bhd's average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PMB Technology Bhd was 19.40% per year. The lowest was 19.40% per year. And the median was 19.40% per year.

As of today (2024-06-04), PMB Technology Bhd's current stock price is RM2.52. PMB Technology Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.48. PMB Technology Bhd's Cyclically Adjusted PB Ratio of today is 5.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PMB Technology Bhd was 12.38. The lowest was 3.33. And the median was 7.99.


PMB Technology Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for PMB Technology 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.

PMB Technology Bhd Cyclically Adjusted Book per Share Chart

PMB Technology 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 - 0.27 0.33 0.40 0.46

PMB Technology 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 0.42 0.44 0.45 0.46 0.48

Competitive Comparison of PMB Technology Bhd's Cyclically Adjusted Book per Share

For the Aluminum subindustry, PMB Technology 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.


PMB Technology Bhd's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PMB Technology Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PMB Technology 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, PMB Technology 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)
=0.595/131.7762*131.7762
=0.595

Current CPI (Mar. 2024) = 131.7762.

PMB Technology Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.166 100.560 0.218
201409 0.168 100.428 0.220
201412 0.171 99.070 0.227
201503 0.175 99.621 0.231
201506 0.177 100.684 0.232
201509 0.187 100.392 0.245
201512 0.186 99.792 0.246
201603 0.184 100.470 0.241
201606 0.187 101.688 0.242
201609 0.191 101.861 0.247
201612 0.198 101.863 0.256
201703 0.200 102.862 0.256
201706 0.201 103.349 0.256
201709 0.202 104.136 0.256
201712 0.202 104.011 0.256
201803 0.202 105.290 0.253
201806 0.208 106.317 0.258
201809 0.454 106.507 0.562
201812 0.457 105.998 0.568
201903 0.456 107.251 0.560
201906 0.477 108.070 0.582
201909 0.503 108.329 0.612
201912 0.520 108.420 0.632
202003 0.513 108.902 0.621
202006 0.515 108.767 0.624
202009 0.528 109.815 0.634
202012 0.543 109.897 0.651
202103 0.542 111.754 0.639
202106 0.555 114.631 0.638
202109 0.580 115.734 0.660
202112 0.682 117.630 0.764
202203 0.697 121.301 0.757
202206 0.710 125.017 0.748
202209 0.712 125.227 0.749
202212 0.731 125.222 0.769
202303 0.735 127.348 0.761
202306 0.723 128.729 0.740
202309 0.573 129.860 0.581
202312 0.596 129.419 0.607
202403 0.595 131.776 0.595

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


PMB Technology Bhd  (XKLS:7172) 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.

PMB Technology Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.52/0.48
=5.25

* 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 PMB Technology Bhd was 12.38. The lowest was 3.33. And the median was 7.99.


Be Aware

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


PMB Technology Bhd Cyclically Adjusted Book per Share Related Terms

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


PMB Technology Bhd (XKLS:7172) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1797, Jalan Balakong, Bukit Belimbing, Seri Kembangan, SGR, MYS, 43300
PMB Technology Bhd is principally an investment holding company. Its business segments include Construction and Fabrication segment; Manufacturing and Trading segment and others. The Construction and Fabrication segment is involved in contracting, designing, and fabrication of aluminum and stainless-steel products such as aluminum curtain walls, cladding, skylights, facade works, and the fabrication and installation of aluminum systems formworks. The manufacturing and trading segment engages in the manufacturing and marketing of metallic silicon, aluminum products, and other related products. Investment holding and other segments included investment holding and dormant companies. The majority of the company's revenue is derived from Malaysia.

PMB Technology Bhd (XKLS:7172) Headlines

No Headlines