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Federal International Holdings Bhd (XKLS:8605) Cyclically Adjusted Book per Share : RM0.81 (As of Mar. 2024)


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What is Federal International 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.

Federal International Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.800. 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 RM0.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Federal International Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 9.50% 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 (2024-06-12), Federal International Holdings Bhd's current stock price is RM0.475. Federal International Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.81. Federal International Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Federal International Holdings Bhd was 1.12. The lowest was 0.49. And the median was 0.81.


Federal International Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Federal International 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.

Federal International Holdings Bhd Cyclically Adjusted Book per Share Chart

Federal International Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.59 0.68 0.75

Federal International Holdings 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 0.74 0.75 0.78 0.79 0.81

Competitive Comparison of Federal International Holdings Bhd's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Federal International 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.


Federal International Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Federal International Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Federal International 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, Federal International Holdings 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)
=0.8/131.7762*131.7762
=0.800

Current CPI (Mar. 2024) = 131.7762.

Federal International Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.353 99.695 0.467
201406 0.358 100.560 0.469
201409 0.359 100.428 0.471
201412 0.441 99.070 0.587
201503 0.450 99.621 0.595
201506 0.461 100.684 0.603
201509 0.487 100.392 0.639
201512 0.515 99.792 0.680
201603 0.529 100.470 0.694
201606 0.546 101.688 0.708
201609 0.498 101.861 0.644
201612 0.809 101.863 1.047
201703 0.789 102.862 1.011
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.807 105.290 1.010
201806 0.478 106.317 0.592
201809 0.871 106.507 1.078
201812 0.882 105.998 1.096
201903 0.900 107.251 1.106
201906 0.528 108.070 0.644
201909 0.936 108.329 1.139
201912 0.949 108.420 1.153
202003 0.586 108.902 0.709
202006 0.602 108.767 0.729
202009 0.619 109.815 0.743
202012 0.625 109.897 0.749
202103 0.633 111.754 0.746
202106 0.644 114.631 0.740
202109 0.871 115.734 0.992
202112 0.640 117.630 0.717
202203 0.896 121.301 0.973
202206 0.699 125.017 0.737
202209 0.938 125.227 0.987
202212 0.952 125.222 1.002
202303 0.910 127.348 0.942
202306 0.760 128.729 0.778
202309 0.985 129.860 1.000
202312 0.995 129.419 1.013
202403 0.800 131.776 0.800

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


Federal International Holdings Bhd  (XKLS:8605) 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.

Federal International Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.475/0.81
=0.59

* 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 Federal International Holdings Bhd was 1.12. The lowest was 0.49. And the median was 0.81.


Be Aware

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


Federal International Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Federal International Holdings Bhd (XKLS:8605) Business Description

Traded in Other Exchanges
Address
No. 1B, Jalan Yong Shook Lin, Section 7, Level P1, Menara Choy Fook On, Petaling Jaya, SGR, MYS, 46050
Federal International Holdings Bhd is a Malaysia-based company, which is engaged in the business of investment holding. It operates through four business segments: Manufacturing and Trading of Furniture, Renovation and Interior Design, Construction Business and Investment Holding. The firm is engaged in activities, including renovation and interior fit-out works; trading of home furnishings, home appliances, general building materials and general contractors for construction works, and manufacturing and export of furniture. The firm derives its revenue mainly from the Construction Business segment. It principally operates in Malaysia.

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