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Berjaya Food Bhd (XKLS:5196) Cyclically Adjusted Book per Share : RM0.26 (As of Mar. 2024)


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What is Berjaya Food 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.

Berjaya Food Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.244. 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 RM0.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Berjaya Food Bhd's average Cyclically Adjusted Book Growth Rate was 8.30% 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 (2024-06-02), Berjaya Food Bhd's current stock price is RM0.58. Berjaya Food Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.26. Berjaya Food Bhd's Cyclically Adjusted PB Ratio of today is 2.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Berjaya Food Bhd was 4.78. The lowest was 2.04. And the median was 3.15.


Berjaya Food Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Berjaya Food 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.

Berjaya Food Bhd Cyclically Adjusted Book per Share Chart

Berjaya Food Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.22 0.24

Berjaya Food Bhd Quarterly Data
Jan19 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 0.24 0.24 0.25 0.25 0.26

Competitive Comparison of Berjaya Food Bhd's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Berjaya Food 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.


Berjaya Food Bhd's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Berjaya Food Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Berjaya Food 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, Berjaya Food 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)
=0.244/131.7762*131.7762
=0.244

Current CPI (Mar. 2024) = 131.7762.

Berjaya Food Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.116 98.692 0.155
201404 0.120 100.023 0.158
201407 0.120 100.520 0.157
201410 0.226 100.176 0.297
201501 0.212 98.604 0.283
201504 0.209 99.824 0.276
201507 0.208 100.691 0.272
201510 0.209 100.346 0.274
201601 0.210 99.957 0.277
201604 0.209 100.947 0.273
201607 0.210 101.524 0.273
201610 0.210 101.988 0.271
201701 0.210 102.456 0.270
201704 0.207 103.167 0.264
201707 0.209 103.278 0.267
201710 0.211 104.070 0.267
201801 0.204 104.578 0.257
201804 0.203 105.708 0.253
201807 0.204 106.324 0.253
201810 0.203 106.695 0.251
201901 0.206 106.200 0.256
201909 0.204 108.329 0.248
201912 0.206 108.420 0.250
202003 0.204 108.902 0.247
202006 0.186 108.767 0.225
202009 0.192 109.815 0.230
202012 0.197 109.897 0.236
202103 0.203 111.754 0.239
202106 0.209 114.631 0.240
202109 0.214 115.734 0.244
202112 0.234 117.630 0.262
202203 0.247 121.301 0.268
202206 0.291 125.017 0.307
202209 0.268 125.227 0.282
202212 0.283 125.222 0.298
202303 0.274 127.348 0.284
202306 0.278 128.729 0.285
202309 0.284 129.860 0.288
202312 0.260 129.419 0.265
202403 0.244 131.776 0.244

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


Berjaya Food Bhd  (XKLS:5196) 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.

Berjaya Food Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.58/0.26
=2.23

* 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 Berjaya Food Bhd was 4.78. The lowest was 2.04. And the median was 3.15.


Be Aware

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


Berjaya Food Bhd Cyclically Adjusted Book per Share Related Terms

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


Berjaya Food Bhd (XKLS:5196) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Jalan Imbi, Berjaya Times Square, Lot 13-01A, Level 13 (East Wing), Kuala Lumpur, SGR, MYS, 55100
Berjaya Food Bhd is an investment holding company. It focuses on the development and operation of restaurant and cafe chains and retail outlets. The company is engaged in the operation of brands like the Starbucks coffee chain of cafes and retail outlets, development and operation of the Kenny Rogers Roasters chain of restaurants featuring rotisserie-roasted chicken as a core product, Jollibean in Singapore, Paris Baguette in Malaysia and others. Geographically, the company generates a majority of its revenue from Malaysia.

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