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TMC Life Sciences Bhd (XKLS:0101) Cyclically Adjusted Book per Share : RM0.48 (As of Mar. 2024)


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What is TMC Life Sciences 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.

TMC Life Sciences Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.509. 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, TMC Life Sciences Bhd's average Cyclically Adjusted Book Growth Rate was 11.60% 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 (2024-06-10), TMC Life Sciences Bhd's current stock price is RM0.665. TMC Life Sciences Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.48. TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TMC Life Sciences Bhd was 1.83. The lowest was 1.23. And the median was 1.46.


TMC Life Sciences Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for TMC Life Sciences 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.

TMC Life Sciences Bhd Cyclically Adjusted Book per Share Chart

TMC Life Sciences Bhd Annual Data
Trend May13 May14 May15 May16 Aug17 Aug18 Aug19 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.35 0.40 0.44

TMC Life Sciences Bhd Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 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 0.43 0.44 0.46 0.46 0.48

Competitive Comparison of TMC Life Sciences Bhd's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, TMC Life Sciences 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.


TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio falls into.



TMC Life Sciences 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, TMC Life Sciences 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)
=0.509/131.7762*131.7762
=0.509

Current CPI (Mar. 2024) = 131.7762.

TMC Life Sciences Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.165 99.057 0.220
201405 0.169 100.373 0.222
201408 0.170 100.352 0.223
201411 0.131 99.635 0.173
201502 0.248 99.032 0.330
201505 0.252 100.333 0.331
201508 0.521 100.548 0.683
201511 0.347 100.135 0.457
201602 0.320 100.040 0.422
201605 0.366 101.355 0.476
201608 0.000 101.617 0.000
201611 0.399 101.829 0.516
201702 0.401 102.779 0.514
201705 0.405 103.256 0.517
201708 0.412 103.587 0.524
201711 0.415 104.072 0.525
201802 0.416 105.052 0.522
201805 0.420 106.148 0.521
201808 0.426 106.383 0.528
201811 0.430 106.338 0.533
201902 0.432 106.649 0.534
201905 0.437 108.048 0.533
201908 0.438 108.245 0.533
201911 0.442 108.519 0.537
202002 0.446 109.139 0.539
202009 0.448 109.815 0.538
202012 0.449 109.897 0.538
202103 0.451 111.754 0.532
202106 0.453 114.631 0.521
202109 0.456 115.734 0.519
202112 0.457 117.630 0.512
202203 0.461 121.301 0.501
202206 0.475 125.017 0.501
202209 0.479 125.227 0.504
202212 0.479 125.222 0.504
202303 0.487 127.348 0.504
202306 0.495 128.729 0.507
202309 0.504 129.860 0.511
202312 0.503 129.419 0.512
202403 0.509 131.776 0.509

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


TMC Life Sciences Bhd  (XKLS:0101) 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.

TMC Life Sciences Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.665/0.48
=1.39

* 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 TMC Life Sciences Bhd was 1.83. The lowest was 1.23. And the median was 1.46.


Be Aware

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


TMC Life Sciences Bhd Cyclically Adjusted Book per Share Related Terms

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


TMC Life Sciences Bhd (XKLS:0101) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, PJU 5, Jalan Teknologi, Level 11, Taman Sains, Kota Damansara, Petaling Jaya, SGR, MYS, 47810
TMC Life Sciences Bhd is an investment holding company operating a multi-disciplinary tertiary care center and fertility center in Malaysia. It operates Tropicana Medical Centre, Kota Damansara (TMCKD), a medical center located in Petaling Jaya. Its TMCKD provides healthcare services in various medical/surgical specialties and subspecialties, including anesthesiology, cancer, cardiology, colorectal, dermatology, ENT, fertility, gastroenterology, as well as offers internal medicines and respiratory medicines. Its fertility center provides a range of fertility treatments for couples. The company also operates a women's clinic; provides fertility consultancy, laboratory, and embryology services; and offers pharmacy services and products.

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