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Advanced Connection PCL (BKK:ACC) Cyclically Adjusted Book per Share : ฿0.68 (As of Mar. 2024)


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What is Advanced Connection PCL 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.

Advanced Connection PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.431. 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 ฿0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Advanced Connection PCL's average Cyclically Adjusted Book Growth Rate was -4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Advanced Connection PCL was -0.90% per year. The lowest was -2.30% per year. And the median was -1.40% per year.

As of today (2024-06-01), Advanced Connection PCL's current stock price is ฿0.45. Advanced Connection PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.68. Advanced Connection PCL's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Advanced Connection PCL was 3.46. The lowest was 0.55. And the median was 0.93.


Advanced Connection PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Advanced Connection PCL'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.

Advanced Connection PCL Cyclically Adjusted Book per Share Chart

Advanced Connection PCL Annual Data
Trend Jul14 Jul15 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 0.73 0.71 0.70 0.71 0.68

Advanced Connection PCL 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 0.71 0.71 0.70 0.68 0.68

Competitive Comparison of Advanced Connection PCL's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Advanced Connection PCL'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.


Advanced Connection PCL's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Advanced Connection PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Connection PCL's Cyclically Adjusted PB Ratio falls into.



Advanced Connection PCL 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, Advanced Connection PCL'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)
=0.431/131.7762*131.7762
=0.431

Current CPI (Mar. 2024) = 131.7762.

Advanced Connection PCL Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.732 100.023 0.964
201407 0.718 100.520 0.941
201410 0.707 100.176 0.930
201501 0.705 98.604 0.942
201504 0.835 99.824 1.102
201507 0.673 100.691 0.881
201510 0.668 100.346 0.877
201603 0.662 100.470 0.868
201606 0.664 101.688 0.860
201609 0.664 101.861 0.859
201612 0.642 101.863 0.831
201703 0.641 102.862 0.821
201706 0.641 103.349 0.817
201709 0.625 104.136 0.791
201712 0.598 104.011 0.758
201803 0.689 105.290 0.862
201806 0.681 106.317 0.844
201809 0.674 106.507 0.834
201812 0.568 105.998 0.706
201903 0.571 107.251 0.702
201906 0.496 108.070 0.605
201909 0.523 108.329 0.636
201912 0.469 108.420 0.570
202003 0.451 108.902 0.546
202006 0.446 108.767 0.540
202009 0.428 109.815 0.514
202012 0.423 109.897 0.507
202103 0.417 111.754 0.492
202106 0.410 114.631 0.471
202109 0.391 115.734 0.445
202112 0.364 117.630 0.408
202203 0.466 121.301 0.506
202206 0.521 125.017 0.549
202209 0.512 125.227 0.539
202212 0.491 125.222 0.517
202303 0.480 127.348 0.497
202306 0.465 128.729 0.476
202309 0.452 129.860 0.459
202312 0.437 129.419 0.445
202403 0.431 131.776 0.431

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


Advanced Connection PCL  (BKK:ACC) 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.

Advanced Connection PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.45/0.68
=0.66

* 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 Advanced Connection PCL was 3.46. The lowest was 0.55. And the median was 0.93.


Be Aware

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


Advanced Connection PCL Cyclically Adjusted Book per Share Related Terms

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


Advanced Connection PCL (BKK:ACC) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, 944 Mitrtown Office Tower, 16th Floor, Wangmai Pathumwan, Bangkok, THA, 10250
Advanced Connection Corp PCL is engaged in manufacturing and distributing ceiling fans, renting property, banquets, and restaurants, property development, investment in alternative energy, and financing. The company's activities are; investment in renewable energy, real estate development, distribution, rental, lending and asset management, construction business, and commercial hemp business. Its business segments are; Construction contracts, Property development, Financing, Alternative energy, Trading, and Hemp and marijuana.

Advanced Connection PCL (BKK:ACC) Headlines