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Iskandar Waterfront City Bhd (XKLS:1589) Cyclically Adjusted Book per Share : RM1.05 (As of Dec. 2023)


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What is Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.802. 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 RM1.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Iskandar Waterfront City Bhd's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Iskandar Waterfront City Bhd was 4.60% per year. The lowest was 4.10% per year. And the median was 4.35% per year.

As of today (2024-06-01), Iskandar Waterfront City Bhd's current stock price is RM0.75. Iskandar Waterfront City Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.05. Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Iskandar Waterfront City Bhd was 1.12. The lowest was 0.22. And the median was 0.47.


Iskandar Waterfront City Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Iskandar Waterfront City 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.

Iskandar Waterfront City Bhd Cyclically Adjusted Book per Share Chart

Iskandar Waterfront City 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 0.91 0.93 0.99 1.04 1.05

Iskandar Waterfront City Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.04 1.05 1.05 1.06 1.05

Competitive Comparison of Iskandar Waterfront City Bhd's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Iskandar Waterfront City 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.


Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio falls into.



Iskandar Waterfront City 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, Iskandar Waterfront City Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.802/129.4194*129.4194
=0.802

Current CPI (Dec. 2023) = 129.4194.

Iskandar Waterfront City Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.813 99.695 1.055
201406 0.813 100.560 1.046
201409 0.819 100.428 1.055
201412 0.815 99.070 1.065
201503 0.816 99.621 1.060
201506 0.810 100.684 1.041
201509 0.841 100.392 1.084
201512 0.826 99.792 1.071
201603 0.819 100.470 1.055
201606 0.820 101.688 1.044
201609 0.815 101.861 1.035
201612 0.816 101.863 1.037
201703 0.957 102.862 1.204
201706 0.967 103.349 1.211
201709 1.095 104.136 1.361
201712 0.970 104.011 1.207
201803 0.976 105.290 1.200
201806 0.965 106.317 1.175
201809 0.968 106.507 1.176
201812 0.920 105.998 1.123
201903 0.966 107.251 1.166
201906 0.966 108.070 1.157
201909 0.962 108.329 1.149
201912 0.916 108.420 1.093
202003 0.946 108.902 1.124
202006 0.961 108.767 1.143
202009 0.956 109.815 1.127
202012 0.914 109.897 1.076
202103 0.907 111.754 1.050
202106 0.863 114.631 0.974
202109 0.853 115.734 0.954
202112 0.844 117.630 0.929
202203 0.838 121.301 0.894
202206 0.831 125.017 0.860
202209 0.830 125.227 0.858
202212 0.809 125.222 0.836
202303 0.806 127.348 0.819
202306 0.801 128.729 0.805
202309 0.801 129.860 0.798
202312 0.802 129.419 0.802

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


Iskandar Waterfront City Bhd  (XKLS:1589) 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.

Iskandar Waterfront City Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.75/1.05
=0.71

* 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 Iskandar Waterfront City Bhd was 1.12. The lowest was 0.22. And the median was 0.47.


Be Aware

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


Iskandar Waterfront City Bhd Cyclically Adjusted Book per Share Related Terms

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


Iskandar Waterfront City Bhd (XKLS:1589) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Skudai, Danga Bay, No. G08, Block 8, Johor Bahru, JHR, MYS, 80200
Iskandar Waterfront City Bhd is an investment holding company. It is involved in the businesses of property development and construction. The company's reportable segments: Property Development, Construction and Others. It generates majority of its revenue from the Property development segment which involves the development of residential and commercial properties.

Iskandar Waterfront City Bhd (XKLS:1589) Headlines

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