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P.A. Resources Bhd (XKLS:7225) Cyclically Adjusted Book per Share : RM0.18 (As of Mar. 2024)


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What is P.A. Resources 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.

P.A. Resources Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.201. 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 RM0.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, P.A. Resources Bhd's average Cyclically Adjusted Book Growth Rate was -10.00% 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 (2024-05-26), P.A. Resources Bhd's current stock price is RM0.43. P.A. Resources Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.18. P.A. Resources Bhd's Cyclically Adjusted PB Ratio of today is 2.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of P.A. Resources Bhd was 2.39. The lowest was 1.24. And the median was 1.45.


P.A. Resources Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for P.A. Resources 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.

P.A. Resources Bhd Cyclically Adjusted Book per Share Chart

P.A. Resources Bhd Annual Data
Trend Mar13 Mar14 Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.21 0.18

P.A. Resources 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 0.20 0.18 0.18 0.18 0.18

Competitive Comparison of P.A. Resources Bhd's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, P.A. Resources 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.


P.A. Resources Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, P.A. Resources Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



P.A. Resources 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, P.A. Resources 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)
=0.201/131.7762*131.7762
=0.201

Current CPI (Mar. 2024) = 131.7762.

P.A. Resources Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.194 98.326 0.260
201403 0.190 99.695 0.251
201406 0.192 100.560 0.252
201409 0.192 100.428 0.252
201412 0.190 99.070 0.253
201503 0.164 99.621 0.217
201506 0.165 100.684 0.216
201509 0.175 100.392 0.230
201512 0.165 99.792 0.218
201609 0.158 101.861 0.204
201612 0.159 101.863 0.206
201703 0.155 102.862 0.199
201706 0.138 103.349 0.176
201709 0.133 104.136 0.168
201712 0.121 104.011 0.153
201803 0.118 105.290 0.148
201806 0.110 106.317 0.136
201809 0.102 106.507 0.126
201812 0.111 105.998 0.138
201903 0.112 107.251 0.138
201906 0.113 108.070 0.138
201909 0.107 108.329 0.130
201912 0.112 108.420 0.136
202003 0.115 108.902 0.139
202006 0.117 108.767 0.142
202009 0.120 109.815 0.144
202012 0.126 109.897 0.151
202103 0.127 111.754 0.150
202106 0.144 114.631 0.166
202109 0.153 115.734 0.174
202112 0.164 117.630 0.184
202203 0.174 121.301 0.189
202206 0.172 125.017 0.181
202209 0.180 125.227 0.189
202212 0.184 125.222 0.194
202303 0.185 127.348 0.191
202306 0.188 128.729 0.192
202309 0.189 129.860 0.192
202312 0.192 129.419 0.195
202403 0.201 131.776 0.201

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


P.A. Resources Bhd  (XKLS:7225) 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.

P.A. Resources Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.43/0.18
=2.39

* 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 P.A. Resources Bhd was 2.39. The lowest was 1.24. And the median was 1.45.


Be Aware

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


P.A. Resources Bhd Cyclically Adjusted Book per Share Related Terms

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


P.A. Resources Bhd (XKLS:7225) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kuala Selangor, Lot 424 and 440, Kampung Batu 8, Ijok, Kuala Selangor, SGR, MYS, 45620
P.A. Resources Bhd is an aluminium extruder company that produces semi-finished aluminium products which are into aluminium smelting, producing aluminium billets. The company's operating segment includes aluminium extrusion and fabrication; aluminium billet casting and tolling; Money lending and others. It generates maximum revenue from the aluminium extrusion and fabrication segment. The company's product is used in the electrical and electronics, furniture, and consumer durables industries. Geographically, it derives a majority of its revenue from the United States of America.

P.A. Resources Bhd (XKLS:7225) Headlines

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