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Sarawak Oil Palms Bhd (XKLS:5126) Cyclically Adjusted Book per Share : RM3.18 (As of Mar. 2024)


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What is Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM4.037. 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 RM3.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sarawak Oil Palms Bhd's average Cyclically Adjusted Book Growth Rate was 9.30% 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 (2024-05-26), Sarawak Oil Palms Bhd's current stock price is RM2.97. Sarawak Oil Palms Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM3.18. Sarawak Oil Palms Bhd's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sarawak Oil Palms Bhd was 1.74. The lowest was 0.78. And the median was 0.93.


Sarawak Oil Palms Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd Cyclically Adjusted Book per Share Chart

Sarawak Oil Palms 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 - - 2.54 2.83 3.08

Sarawak Oil Palms 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 2.91 2.98 3.05 3.08 3.18

Competitive Comparison of Sarawak Oil Palms Bhd's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Sarawak Oil Palms 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.


Sarawak Oil Palms Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sarawak Oil Palms Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sarawak Oil Palms Bhd's Cyclically Adjusted PB Ratio falls into.



Sarawak Oil Palms 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, Sarawak Oil Palms 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)
=4.037/131.7762*131.7762
=4.037

Current CPI (Mar. 2024) = 131.7762.

Sarawak Oil Palms Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.866 100.560 2.445
201409 1.884 100.428 2.472
201412 1.909 99.070 2.539
201503 1.908 99.621 2.524
201506 1.936 100.684 2.534
201509 1.925 100.392 2.527
201512 2.005 99.792 2.648
201603 2.026 100.470 2.657
201606 2.097 101.688 2.717
201609 1.732 101.861 2.241
201612 2.212 101.863 2.862
201703 2.271 102.862 2.909
201706 2.349 103.349 2.995
201709 2.387 104.136 3.021
201712 2.462 104.011 3.119
201803 2.494 105.290 3.121
201806 2.510 106.317 3.111
201809 2.491 106.507 3.082
201812 2.502 105.998 3.110
201903 2.513 107.251 3.088
201906 2.513 108.070 3.064
201909 2.515 108.329 3.059
201912 2.573 108.420 3.127
202003 2.656 108.902 3.214
202006 2.700 108.767 3.271
202009 2.752 109.815 3.302
202012 2.777 109.897 3.330
202103 2.869 111.754 3.383
202106 2.988 114.631 3.435
202109 3.049 115.734 3.472
202112 3.268 117.630 3.661
202203 3.494 121.301 3.796
202206 3.634 125.017 3.830
202209 3.649 125.227 3.840
202212 3.702 125.222 3.896
202303 3.752 127.348 3.882
202306 3.751 128.729 3.840
202309 3.858 129.860 3.915
202312 3.947 129.419 4.019
202403 4.037 131.776 4.037

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


Sarawak Oil Palms Bhd  (XKLS:5126) 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.

Sarawak Oil Palms Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.97/3.18
=0.93

* 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 Sarawak Oil Palms Bhd was 1.74. The lowest was 0.78. And the median was 0.93.


Be Aware

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


Sarawak Oil Palms Bhd Cyclically Adjusted Book per Share Related Terms

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


Sarawak Oil Palms Bhd (XKLS:5126) Business Description

Traded in Other Exchanges
N/A
Address
No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000
Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products, and trading of oil palm products. The operating segments of the group are Oil Palms and Property development. Its Oil Palms segment contributes majorly to the group's revenue. The company's geographical segments include Malaysia, Asia-Pacific, and Others.

Sarawak Oil Palms Bhd (XKLS:5126) Headlines

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