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Yinson Holdings Bhd (XKLS:7293) Cyclically Adjusted Book per Share : RM1.55 (As of Jan. 2024)


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What is Yinson Holdings 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.

Yinson Holdings Bhd's adjusted book value per share for the three months ended in Jan. 2024 was RM2.492. 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 RM1.55 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Yinson Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 20.20% 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), Yinson Holdings Bhd's current stock price is RM2.32. Yinson Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was RM1.55. Yinson Holdings Bhd's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yinson Holdings Bhd was 2.77. The lowest was 1.50. And the median was 1.89.


Yinson Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yinson Holdings 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.

Yinson Holdings Bhd Cyclically Adjusted Book per Share Chart

Yinson Holdings Bhd Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.04 1.29 1.55

Yinson Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.29 1.36 1.42 1.49 1.55

Competitive Comparison of Yinson Holdings Bhd's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Yinson Holdings 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.


Yinson Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Yinson Holdings 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, Yinson Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.492/130.1244*130.1244
=2.492

Current CPI (Jan. 2024) = 130.1244.

Yinson Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.152 100.023 0.198
201407 0.308 100.520 0.399
201410 0.541 100.176 0.703
201501 0.610 98.604 0.805
201504 0.611 99.824 0.796
201507 0.746 100.691 0.964
201510 0.933 100.346 1.210
201601 0.897 99.957 1.168
201604 0.848 100.947 1.093
201607 0.895 101.524 1.147
201610 0.929 101.988 1.185
201701 0.961 102.456 1.221
201704 0.961 103.167 1.212
201707 0.965 103.278 1.216
201710 1.057 104.070 1.322
201801 1.051 104.578 1.308
201804 1.069 105.708 1.316
201807 1.386 106.324 1.696
201810 1.356 106.695 1.654
201901 1.335 106.200 1.636
201904 1.464 107.818 1.767
201907 1.442 108.250 1.733
201910 1.440 108.577 1.726
202001 1.415 108.841 1.692
202004 1.427 108.173 1.717
202007 1.503 109.318 1.789
202010 1.518 109.861 1.798
202101 1.504 110.364 1.773
202104 1.604 112.673 1.852
202107 1.665 115.183 1.881
202110 1.686 116.696 1.880
202201 1.734 118.619 1.902
202204 1.946 121.978 2.076
202207 2.033 125.002 2.116
202210 2.153 125.734 2.228
202301 2.038 126.223 2.101
202304 2.198 127.992 2.235
202307 2.334 128.974 2.355
202310 2.522 129.810 2.528
202401 2.492 130.124 2.492

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


Yinson Holdings Bhd  (XKLS:7293) 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.

Yinson Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.32/1.55
=1.50

* 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 Yinson Holdings Bhd was 2.77. The lowest was 1.50. And the median was 1.89.


Be Aware

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


Yinson Holdings Bhd Cyclically Adjusted Book per Share Related Terms

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


Yinson Holdings Bhd (XKLS:7293) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Yinson Holdings Bhd (XKLS:7293) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Mid Valley City, Medan Syed Putra Selatan, Level 16, Menara South Point, Kuala Lumpur, SGR, MYS, 59200
Yinson Holdings Bhd is a transportation and logistics company domiciled in Malaysia. The company organizes itself into three segments: Offshore Production and Offshore Marine, Other operations, and Renewables. It generates maximum revenue from the Offshore Production and Offshore Marine segment. Offshore Production and Offshore Marine segment consist of Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) business activities and FPSO operations covering the leasing of vessels and marine related services.

Yinson Holdings Bhd (XKLS:7293) Headlines

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