GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Cyclically Adjusted Book per Share

Wasco Bhd (XKLS:5142) Cyclically Adjusted Book per Share : RM1.35 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Wasco 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.

Wasco Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.980. 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 RM1.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wasco Bhd's average Cyclically Adjusted Book Growth Rate was -2.20% 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 Wasco Bhd was 1.50% per year. The lowest was 1.50% per year. And the median was 1.50% per year.

As of today (2024-06-04), Wasco Bhd's current stock price is RM1.50. Wasco Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.35. Wasco Bhd's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wasco Bhd was 1.16. The lowest was 0.29. And the median was 0.54.


Wasco Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wasco 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.

Wasco Bhd Cyclically Adjusted Book per Share Chart

Wasco 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 1.31 1.34 1.37 1.37 1.34

Wasco 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 1.38 1.37 1.37 1.34 1.35

Competitive Comparison of Wasco Bhd's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Wasco 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.


Wasco Bhd's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wasco 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, Wasco 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)
=0.98/131.7762*131.7762
=0.980

Current CPI (Mar. 2024) = 131.7762.

Wasco Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.298 100.560 1.701
201409 1.320 100.428 1.732
201412 1.379 99.070 1.834
201503 1.402 99.621 1.855
201506 1.437 100.684 1.881
201509 1.505 100.392 1.975
201512 1.444 99.792 1.907
201603 1.390 100.470 1.823
201606 1.394 101.688 1.806
201609 1.364 101.861 1.765
201612 0.999 101.863 1.292
201703 1.007 102.862 1.290
201706 1.019 103.349 1.299
201709 1.053 104.136 1.332
201712 1.148 104.011 1.454
201803 1.180 105.290 1.477
201806 1.216 106.317 1.507
201809 1.254 106.507 1.552
201812 1.234 105.998 1.534
201903 1.264 107.251 1.553
201906 1.293 108.070 1.577
201909 1.308 108.329 1.591
201912 1.266 108.420 1.539
202003 1.219 108.902 1.475
202006 1.181 108.767 1.431
202009 0.847 109.815 1.016
202012 0.909 109.897 1.090
202103 0.917 111.754 1.081
202106 0.925 114.631 1.063
202109 0.910 115.734 1.036
202112 0.760 117.630 0.851
202203 0.765 121.301 0.831
202206 0.790 125.017 0.833
202209 0.824 125.227 0.867
202212 0.749 125.222 0.788
202303 0.769 127.348 0.796
202306 0.804 128.729 0.823
202309 0.833 129.860 0.845
202312 0.910 129.419 0.927
202403 0.980 131.776 0.980

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


Wasco Bhd  (XKLS:5142) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.50/1.35
=1.11

* 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 Wasco Bhd was 1.16. The lowest was 0.29. And the median was 0.54.


Be Aware

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


Wasco Bhd Cyclically Adjusted Book per Share Related Terms

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


Wasco Bhd (XKLS:5142) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

No Headlines