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One Glove Group Bhd (XKLS:5079) Cyclically Adjusted Book per Share : RM0.42 (As of Dec. 2023)


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What is One Glove Group 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.

One Glove Group Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM0.234. 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 RM0.42 for the trailing ten years ended in Dec. 2023.

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 (2024-05-23), One Glove Group Bhd's current stock price is RM0.24. One Glove Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM0.42. One Glove Group Bhd's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of One Glove Group Bhd was 0.88. The lowest was 0.47. And the median was 0.58.


One Glove Group Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for One Glove Group 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.

One Glove Group Bhd Cyclically Adjusted Book per Share Chart

One Glove Group Bhd Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19
Cyclically Adjusted Book per Share
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One Glove Group Bhd Quarterly Data
Sep17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 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 - 0.44 0.44 0.43 0.42

Competitive Comparison of One Glove Group Bhd's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, One Glove Group 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.


One Glove Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, One Glove Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where One Glove Group Bhd's Cyclically Adjusted PB Ratio falls into.



One Glove Group 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, One Glove Group 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)
=0.234/129.4194*129.4194
=0.234

Current CPI (Dec. 2023) = 129.4194.

One Glove Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.426 97.633 0.565
201212 0.419 96.871 0.560
201303 0.432 98.209 0.569
201306 0.449 98.518 0.590
201309 0.451 98.790 0.591
201312 0.435 98.326 0.573
201403 0.436 99.695 0.566
201406 0.437 100.560 0.562
201409 0.431 100.428 0.555
201412 0.429 99.070 0.560
201503 0.422 99.621 0.548
201506 0.422 100.684 0.542
201509 0.400 100.392 0.516
201512 0.339 99.792 0.440
201603 0.332 100.470 0.428
201606 0.317 101.688 0.403
201609 0.307 101.861 0.390
201612 0.437 101.863 0.555
201703 0.433 102.862 0.545
201706 0.435 103.349 0.545
201709 0.425 104.136 0.528
201803 0.458 105.290 0.563
201809 0.331 106.507 0.402
201812 0.320 105.998 0.391
201903 0.306 107.251 0.369
201906 0.265 108.070 0.317
201909 0.266 108.329 0.318
201912 0.274 108.420 0.327
202003 0.242 108.902 0.288
202006 0.162 108.767 0.193
202009 0.136 109.815 0.160
202012 0.338 109.897 0.398
202103 0.359 111.754 0.416
202112 0.311 117.630 0.342
202203 0.298 121.301 0.318
202206 0.272 125.017 0.282
202212 0.194 125.222 0.201
202306 0.078 128.729 0.078
202309 0.099 129.860 0.099
202312 0.234 129.419 0.234

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


One Glove Group Bhd  (XKLS:5079) 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.

One Glove Group Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.24/0.42
=0.57

* 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 12 years, the highest Cyclically Adjusted PB Ratio of One Glove Group Bhd was 0.88. The lowest was 0.47. And the median was 0.58.


Be Aware

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


One Glove Group Bhd Cyclically Adjusted Book per Share Related Terms

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


One Glove Group Bhd (XKLS:5079) Business Description

Traded in Other Exchanges
N/A
Address
Perindustrian Kamunting 3, Lot 73-86, Jalan Logam 5, Kamunting Raya Indutrial Estate, Kamunting, PRK, MYS, 34600
One Glove Group Bhd is a glove innovator and manufacturer. The company's segment includes Manufacturing, Investment holding, and Others. Its geographical market includes Japan, Germany, Malaysia, Singapore, the United States of America, India, and Others of which it generates the majority of its revenue from Singapore.

One Glove Group Bhd (XKLS:5079) Headlines

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