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Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Cyclically Adjusted Book per Share : RM1.65 (As of Mar. 2024)


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What is Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM2.136. 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 RM1.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Syarikat Takaful Malaysia Keluarga Bhd's average Cyclically Adjusted Book Growth Rate was 11.50% 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 (2024-06-10), Syarikat Takaful Malaysia Keluarga Bhd's current stock price is RM3.90. Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.65. Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Syarikat Takaful Malaysia Keluarga Bhd was 4.35. The lowest was 2.14. And the median was 2.44.


Syarikat Takaful Malaysia Keluarga Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd Cyclically Adjusted Book per Share Chart

Syarikat Takaful Malaysia Keluarga 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 - - 1.22 1.44 1.59

Syarikat Takaful Malaysia Keluarga 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 1.48 1.53 1.57 1.59 1.65

Competitive Comparison of Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted Book per Share

For the Insurance - Specialty subindustry, Syarikat Takaful Malaysia Keluarga 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.


Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio falls into.



Syarikat Takaful Malaysia Keluarga 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, Syarikat Takaful Malaysia Keluarga 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)
=2.136/131.7762*131.7762
=2.136

Current CPI (Mar. 2024) = 131.7762.

Syarikat Takaful Malaysia Keluarga Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.716 100.560 0.938
201409 0.754 100.428 0.989
201412 0.715 99.070 0.951
201503 0.778 99.621 1.029
201506 0.748 100.684 0.979
201509 0.783 100.392 1.028
201512 0.844 99.792 1.115
201603 0.830 100.470 1.089
201606 0.891 101.688 1.155
201609 0.949 101.861 1.228
201612 0.887 101.863 1.147
201703 0.959 102.862 1.229
201706 1.014 103.349 1.293
201709 1.074 104.136 1.359
201712 0.995 104.011 1.261
201803 1.071 105.290 1.340
201806 1.134 106.317 1.406
201809 1.243 106.507 1.538
201812 1.193 105.998 1.483
201903 1.322 107.251 1.624
201906 1.437 108.070 1.752
201909 1.581 108.329 1.923
201912 1.479 108.420 1.798
202003 1.591 108.902 1.925
202006 1.700 108.767 2.060
202009 1.811 109.815 2.173
202012 1.818 109.897 2.180
202103 1.894 111.754 2.233
202106 2.011 114.631 2.312
202109 2.101 115.734 2.392
202112 1.523 117.630 1.706
202203 2.245 121.301 2.439
202206 2.297 125.017 2.421
202209 2.394 125.227 2.519
202212 1.684 125.222 1.772
202303 1.754 127.348 1.815
202306 1.948 128.729 1.994
202309 2.044 129.860 2.074
202312 2.005 129.419 2.042
202403 2.136 131.776 2.136

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


Syarikat Takaful Malaysia Keluarga Bhd  (XKLS:6139) 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.

Syarikat Takaful Malaysia Keluarga Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.90/1.65
=2.36

* 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 Syarikat Takaful Malaysia Keluarga Bhd was 4.35. The lowest was 2.14. And the median was 2.44.


Be Aware

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


Syarikat Takaful Malaysia Keluarga Bhd Cyclically Adjusted Book per Share Related Terms

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


Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000
Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Headlines

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