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Kawan Food Bhd (XKLS:7216) Cyclically Adjusted Book per Share : RM1.07 (As of Mar. 2024)


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What is Kawan Food 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.

Kawan Food Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM1.153. 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 RM1.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kawan Food Bhd's average Cyclically Adjusted Book Growth Rate was 8.10% 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 (2024-06-01), Kawan Food Bhd's current stock price is RM1.77. Kawan Food Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.07. Kawan Food Bhd's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kawan Food Bhd was 2.48. The lowest was 1.65. And the median was 1.93.


Kawan Food Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kawan Food 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.

Kawan Food Bhd Cyclically Adjusted Book per Share Chart

Kawan Food 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 - - 0.86 0.96 1.04

Kawan Food 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 1.03 1.04 1.07

Competitive Comparison of Kawan Food Bhd's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Kawan Food 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.


Kawan Food Bhd's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Kawan Food 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, Kawan Food 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)
=1.153/131.7762*131.7762
=1.153

Current CPI (Mar. 2024) = 131.7762.

Kawan Food Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.578 100.560 0.757
201409 0.603 100.428 0.791
201412 0.635 99.070 0.845
201503 0.655 99.621 0.866
201506 0.762 100.684 0.997
201509 0.738 100.392 0.969
201512 0.775 99.792 1.023
201603 0.817 100.470 1.072
201606 0.887 101.688 1.149
201609 0.807 101.861 1.044
201612 0.811 101.863 1.049
201703 0.805 102.862 1.031
201706 0.827 103.349 1.054
201709 0.850 104.136 1.076
201712 0.859 104.011 1.088
201803 0.840 105.290 1.051
201806 0.859 106.317 1.065
201809 0.880 106.507 1.089
201812 0.894 105.998 1.111
201903 0.874 107.251 1.074
201906 0.881 108.070 1.074
201909 0.887 108.329 1.079
201912 0.901 108.420 1.095
202003 0.900 108.902 1.089
202006 0.924 108.767 1.119
202009 0.940 109.815 1.128
202012 0.960 109.897 1.151
202103 0.957 111.754 1.128
202106 0.967 114.631 1.112
202109 1.004 115.734 1.143
202112 1.027 117.630 1.151
202203 1.016 121.301 1.104
202206 1.047 125.017 1.104
202209 1.080 125.227 1.136
202212 1.097 125.222 1.154
202303 1.084 127.348 1.122
202306 1.097 128.729 1.123
202309 1.119 129.860 1.136
202312 1.125 129.419 1.145
202403 1.153 131.776 1.153

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


Kawan Food Bhd  (XKLS:7216) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.77/1.07
=1.65

* 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 Kawan Food Bhd was 2.48. The lowest was 1.65. And the median was 1.93.


Be Aware

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


Kawan Food Bhd Cyclically Adjusted Book per Share Related Terms

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


Kawan Food Bhd (XKLS:7216) Business Description

Traded in Other Exchanges
N/A
Address
Lot 129351, Jalan Sungai Pinang 4/19, Selangor Halal Hub, Fasa 2C, Taman Perindustrian Pulau Indah, Pulau Indah, SGR, MYS, 42920
Kawan Food Bhd is an investment holding company principally engaged in the business of manufacturing and selling frozen food products. The product portfolio includes Bakery, Bun, Chapatti, Dessert, Finger Food, Frozen Vegetable, Paratha and Spring Roll Pastry and others. The company produce and sell food under the brands of Kawan, KG Pastry, Veat, PassionBake and Aman, of which Kawan remains its key brand. The group is also involved in the other businesses of investment property and rental of trucks; food truck operator and others. Its geographical segments include Malaysia, North America, Rest of Asia, Europe, Oceania, and Africa.

Kawan Food Bhd (XKLS:7216) Headlines

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