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Akkhie Prakarn PCL (BKK:AKP) Cyclically Adjusted Book per Share : ฿1.52 (As of Mar. 2024)


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What is Akkhie Prakarn 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.

Akkhie Prakarn PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.512. 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 ฿1.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Akkhie Prakarn PCL's average Cyclically Adjusted Book Growth Rate was 5.60% 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), Akkhie Prakarn PCL's current stock price is ฿0.86. Akkhie Prakarn PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.52. Akkhie Prakarn PCL's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Akkhie Prakarn PCL was 2.98. The lowest was 0.56. And the median was 1.41.


Akkhie Prakarn PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Akkhie Prakarn 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.

Akkhie Prakarn PCL Cyclically Adjusted Book per Share Chart

Akkhie Prakarn PCL 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 - - 1.27 1.41 1.49

Akkhie Prakarn 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 1.44 1.46 1.48 1.49 1.52

Competitive Comparison of Akkhie Prakarn PCL's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Akkhie Prakarn 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.


Akkhie Prakarn PCL's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Akkhie Prakarn PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Akkhie Prakarn 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, Akkhie Prakarn 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)
=1.512/131.7762*131.7762
=1.512

Current CPI (Mar. 2024) = 131.7762.

Akkhie Prakarn PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.970 100.560 1.271
201409 1.001 100.428 1.313
201412 1.019 99.070 1.355
201503 1.052 99.621 1.392
201506 1.019 100.684 1.334
201509 1.066 100.392 1.399
201512 1.092 99.792 1.442
201603 1.123 100.470 1.473
201606 1.097 101.688 1.422
201609 1.122 101.861 1.452
201612 1.156 101.863 1.495
201703 1.181 102.862 1.513
201706 1.169 103.349 1.491
201709 1.198 104.136 1.516
201712 1.225 104.011 1.552
201803 1.248 105.290 1.562
201806 1.209 106.317 1.499
201809 1.255 106.507 1.553
201812 1.308 105.998 1.626
201903 1.330 107.251 1.634
201906 1.264 108.070 1.541
201909 1.292 108.329 1.572
201912 1.321 108.420 1.606
202003 1.303 108.902 1.577
202006 1.282 108.767 1.553
202009 1.313 109.815 1.576
202012 1.372 109.897 1.645
202103 1.407 111.754 1.659
202106 1.411 114.631 1.622
202109 1.442 115.734 1.642
202112 1.464 117.630 1.640
202203 1.465 121.301 1.592
202206 1.422 125.017 1.499
202209 1.480 125.227 1.557
202212 1.493 125.222 1.571
202303 1.481 127.348 1.533
202306 1.459 128.729 1.494
202309 1.476 129.860 1.498
202312 1.509 129.419 1.536
202403 1.512 131.776 1.512

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


Akkhie Prakarn PCL  (BKK:AKP) 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.

Akkhie Prakarn PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.86/1.52
=0.57

* 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 Akkhie Prakarn PCL was 2.98. The lowest was 0.56. And the median was 1.41.


Be Aware

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


Akkhie Prakarn PCL Cyclically Adjusted Book per Share Related Terms

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


Akkhie Prakarn PCL (BKK:AKP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
792 Moo 2 Soi 1C/1, Sukhumwit Road, Bang Poo Industrial Estate, Samutprakarn, THA, 10280
Akkhie Prakarn PCL is a Thailand based company involved in the waste management business sector. The Company is engaged in providing services on incinerating and destroying industrial wastes, sewage and unused materials, including the improving of quality of industrial wastes, sewage and unused materials to recycle them to substituted energy and raw materials. The company operates in Thailand.