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N2N Connect Bhd (XKLS:0108) Cyclically Adjusted Book per Share : RM0.52 (As of Mar. 2024)


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What is N2N Connect 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.

N2N Connect Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.529. 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 RM0.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, N2N Connect Bhd's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of N2N Connect Bhd was 11.60% per year. The lowest was 11.60% per year. And the median was 11.60% per year.

As of today (2024-06-09), N2N Connect Bhd's current stock price is RM0.53. N2N Connect Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.52. N2N Connect Bhd's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of N2N Connect Bhd was 2.31. The lowest was 0.88. And the median was 1.10.


N2N Connect Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for N2N Connect 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.

N2N Connect Bhd Cyclically Adjusted Book per Share Chart

N2N Connect 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 - 0.36 0.40 0.46 0.50

N2N Connect 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 0.47 0.48 0.50 0.50 0.52

Competitive Comparison of N2N Connect Bhd's Cyclically Adjusted Book per Share

For the Software - Application subindustry, N2N Connect 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.


N2N Connect Bhd's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, N2N Connect Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where N2N Connect Bhd's Cyclically Adjusted PB Ratio falls into.



N2N Connect 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, N2N Connect 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)
=0.529/131.7762*131.7762
=0.529

Current CPI (Mar. 2024) = 131.7762.

N2N Connect Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.165 100.560 0.216
201409 0.367 100.428 0.482
201412 0.366 99.070 0.487
201503 0.370 99.621 0.489
201506 0.376 100.684 0.492
201509 0.346 100.392 0.454
201512 0.381 99.792 0.503
201603 0.383 100.470 0.502
201606 0.391 101.688 0.507
201609 0.373 101.861 0.483
201612 0.379 101.863 0.490
201703 0.387 102.862 0.496
201706 0.400 103.349 0.510
201709 0.398 104.136 0.504
201712 0.403 104.011 0.511
201803 0.384 105.290 0.481
201806 0.455 106.317 0.564
201809 0.459 106.507 0.568
201812 0.443 105.998 0.551
201903 0.451 107.251 0.554
201906 0.448 108.070 0.546
201909 0.459 108.329 0.558
201912 0.459 108.420 0.558
202003 0.474 108.902 0.574
202006 0.465 108.767 0.563
202009 0.477 109.815 0.572
202012 0.472 109.897 0.566
202103 0.490 111.754 0.578
202106 0.471 114.631 0.541
202109 0.476 115.734 0.542
202112 0.479 117.630 0.537
202203 0.486 121.301 0.528
202206 0.490 125.017 0.516
202209 0.504 125.227 0.530
202212 0.510 125.222 0.537
202303 0.506 127.348 0.524
202306 0.522 128.729 0.534
202309 0.524 129.860 0.532
202312 0.526 129.419 0.536
202403 0.529 131.776 0.529

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


N2N Connect Bhd  (XKLS:0108) 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.

N2N Connect Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.53/0.52
=1.02

* 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 N2N Connect Bhd was 2.31. The lowest was 0.88. And the median was 1.10.


Be Aware

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


N2N Connect Bhd Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of N2N Connect Bhd's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


N2N Connect Bhd (XKLS:0108) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » N2N Connect Bhd (XKLS:0108) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Avenue 3 Bangsar South No.8, Jalan Kerinchi, Wisma N2N, Level 9, Tower 2, Kuala Lumpur, MYS, 59200
N2N Connect Bhd is an investment holding company. It is engaged in the research and development of software packages, provider of design, programming, consultancy services and related activities. Its products include TCProGlobal, TCPlus, TCMobile, and TCBOS and services range from online trading portals within the stockbroking industry, hosting and managing network services, to wealth and risk management solutions. It operates in Malaysia, Hong Kong, and other countries and generates the majority of the revenue from Hong Kong.

N2N Connect Bhd (XKLS:0108) Headlines

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