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Bumi Armada Bhd (XKLS:5210) Cyclically Adjusted Book per Share : RM1.02 (As of Mar. 2024)


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What is Bumi Armada 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.

Bumi Armada Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM1.027. 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 RM1.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bumi Armada Bhd's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bumi Armada Bhd was 6.30% per year. The lowest was 6.30% per year. And the median was 6.30% per year.

As of today (2024-05-31), Bumi Armada Bhd's current stock price is RM0.575. Bumi Armada Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.02. Bumi Armada Bhd's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bumi Armada Bhd was 0.71. The lowest was 0.33. And the median was 0.50.


Bumi Armada Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bumi Armada 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.

Bumi Armada Bhd Cyclically Adjusted Book per Share Chart

Bumi Armada 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 - 0.84 0.92 0.98 1.01

Bumi Armada 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 0.99 1.01 1.01 1.01 1.02

Competitive Comparison of Bumi Armada Bhd's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Bumi Armada 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.


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

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

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



Bumi Armada 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, Bumi Armada 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)
=1.027/131.7762*131.7762
=1.027

Current CPI (Mar. 2024) = 131.7762.

Bumi Armada Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.825 100.560 1.081
201409 0.848 100.428 1.113
201412 1.140 99.070 1.516
201503 1.190 99.621 1.574
201506 1.159 100.684 1.517
201509 1.270 100.392 1.667
201512 1.237 99.792 1.633
201603 1.133 100.470 1.486
201606 1.061 101.688 1.375
201609 1.073 101.861 1.388
201612 0.952 101.863 1.232
201703 0.961 102.862 1.231
201706 0.954 103.349 1.216
201709 0.957 104.136 1.211
201712 0.937 104.011 1.187
201803 0.920 105.290 1.151
201806 0.870 106.317 1.078
201809 0.809 106.507 1.001
201812 0.573 105.998 0.712
201903 0.566 107.251 0.695
201906 0.564 108.070 0.688
201909 0.588 108.329 0.715
201912 0.549 108.420 0.667
202003 0.507 108.902 0.613
202006 0.518 108.767 0.628
202009 0.522 109.815 0.626
202012 0.535 109.897 0.642
202103 0.586 111.754 0.691
202106 0.611 114.631 0.702
202109 0.644 115.734 0.733
202112 0.671 117.630 0.752
202203 0.732 121.301 0.795
202206 0.801 125.017 0.844
202209 0.879 125.227 0.925
202212 0.870 125.222 0.916
202303 0.901 127.348 0.932
202306 0.979 128.729 1.002
202309 1.016 129.860 1.031
202312 0.958 129.419 0.975
202403 1.027 131.776 1.027

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


Bumi Armada Bhd  (XKLS:5210) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.575/1.02
=0.56

* 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 Bumi Armada Bhd was 0.71. The lowest was 0.33. And the median was 0.50.


Be Aware

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


Bumi Armada Bhd Cyclically Adjusted Book per Share Related Terms

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


Bumi Armada Bhd (XKLS:5210) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bumi Armada Bhd (XKLS:5210) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
24, Jalan Perak, Level 21, Menara Perak, Kuala Lumpur, MYS, 50450
Bumi Armada Bhd is an international provider of offshore energy facilities and services. The company operates in two business segments. The Floating Production segment consists of Floating Production Storage Offloading and Floating Gas Solutions & Operations. The Offshore Marine Services segment consists of Offshore Support Vessel and Subsea Construction. The firm own, operate and provide FPSO vessels that are used for receiving hydrocarbons sourced from oilfields, focus on innovative solutions for the offshore liquefied natural gas industry; own, operate and charter vessels to provide support for exploration, development and production activities in the offshore oil and gas industry. Its geographical segments include Malaysia, Asia (excluding Malaysia), Africa, Europe, and Latin America.

Bumi Armada Bhd (XKLS:5210) Headlines

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