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Perdana Petroleum Bhd (XKLS:7108) Cyclically Adjusted Book per Share : RM0.71 (As of Mar. 2024)


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What is Perdana Petroleum 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.

Perdana Petroleum Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.313. 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 RM0.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Perdana Petroleum Bhd's average Cyclically Adjusted Book Growth Rate was -5.30% 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 (2024-06-04), Perdana Petroleum Bhd's current stock price is RM0.40. Perdana Petroleum Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.71. Perdana Petroleum Bhd's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Perdana Petroleum Bhd was 0.57. The lowest was 0.10. And the median was 0.18.


Perdana Petroleum Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Perdana Petroleum 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.

Perdana Petroleum Bhd Cyclically Adjusted Book per Share Chart

Perdana Petroleum 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 - - 0.77 0.76 0.71

Perdana Petroleum 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 0.75 0.75 0.73 0.71 0.71

Competitive Comparison of Perdana Petroleum Bhd's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Perdana Petroleum 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.


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

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

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



Perdana Petroleum 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, Perdana Petroleum 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)
=0.313/131.7762*131.7762
=0.313

Current CPI (Mar. 2024) = 131.7762.

Perdana Petroleum Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.828 100.560 1.085
201409 0.866 100.428 1.136
201412 0.933 99.070 1.241
201503 0.945 99.621 1.250
201506 0.960 100.684 1.256
201509 1.012 100.392 1.328
201512 0.956 99.792 1.262
201603 0.866 100.470 1.136
201606 0.851 101.688 1.103
201609 0.883 101.861 1.142
201612 0.955 101.863 1.235
201703 0.885 102.862 1.134
201706 0.758 103.349 0.966
201709 0.722 104.136 0.914
201712 0.635 104.011 0.805
201803 0.520 105.290 0.651
201806 0.557 106.317 0.690
201809 0.580 106.507 0.718
201812 0.592 105.998 0.736
201903 0.530 107.251 0.651
201906 0.543 108.070 0.662
201909 0.581 108.329 0.707
201912 0.407 108.420 0.495
202003 0.422 108.902 0.511
202006 0.418 108.767 0.506
202009 0.390 109.815 0.468
202012 0.368 109.897 0.441
202103 0.372 111.754 0.439
202106 0.354 114.631 0.407
202109 0.358 115.734 0.408
202112 0.237 117.630 0.266
202203 0.230 121.301 0.250
202206 0.243 125.017 0.256
202209 0.268 125.227 0.282
202212 0.264 125.222 0.278
202303 0.256 127.348 0.265
202306 0.285 128.729 0.292
202309 0.296 129.860 0.300
202312 0.300 129.419 0.305
202403 0.313 131.776 0.313

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


Perdana Petroleum Bhd  (XKLS:7108) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.40/0.71
=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 Perdana Petroleum Bhd was 0.57. The lowest was 0.10. And the median was 0.18.


Be Aware

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


Perdana Petroleum Bhd Cyclically Adjusted Book per Share Related Terms

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


Perdana Petroleum Bhd (XKLS:7108) Business Description

Industry
Traded in Other Exchanges
N/A
Address
VSQ at PJCC, Jalan Utara, Level 18, Block 2, Petaling Jaya, SGR, MYS, 46200
Perdana Petroleum Bhd is a Malaysia based company that engages in the provision of offshore marine support services for the upstream oil and gas industry in the domestic and regional markets. It operates through the only segment: Marine offshore support services. The Marine offshore support services segment is engaged in the provision of vessels for the upstream oil and gas industry, ranging from towing, mooring and anchoring of non-self-propelled marine vessels, and transportation of drilling equipment, production chemicals, and project materials to engineering and workshop facilities onboard. Geographically, it derives majority revenue from Malaysia.

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