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Ekarat Engineering PCL (BKK:AKR) Cyclically Adjusted Book per Share : ฿1.04 (As of Mar. 2024)


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What is Ekarat Engineering 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.

Ekarat Engineering PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.042. 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 ฿1.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ekarat Engineering PCL's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.70% 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 Ekarat Engineering PCL was 3.00% per year. The lowest was -13.40% per year. And the median was -12.30% per year.

As of today (2024-06-08), Ekarat Engineering PCL's current stock price is ฿0.86. Ekarat Engineering PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.04. Ekarat Engineering PCL's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ekarat Engineering PCL was 1.10. The lowest was 0.24. And the median was 0.64.


Ekarat Engineering PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ekarat Engineering 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.

Ekarat Engineering PCL Cyclically Adjusted Book per Share Chart

Ekarat Engineering 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 1.48 1.51 1.66 0.96 1.02

Ekarat Engineering 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 0.99 1.01 1.03 1.02 1.04

Competitive Comparison of Ekarat Engineering PCL's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Ekarat Engineering 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.


Ekarat Engineering PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ekarat Engineering PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ekarat Engineering 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, Ekarat Engineering 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)
=1.042/131.7762*131.7762
=1.042

Current CPI (Mar. 2024) = 131.7762.

Ekarat Engineering PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.919 100.560 1.204
201409 0.941 100.428 1.235
201412 0.987 99.070 1.313
201503 0.983 99.621 1.300
201506 0.922 100.684 1.207
201509 0.936 100.392 1.229
201512 0.987 99.792 1.303
201603 0.988 100.470 1.296
201606 0.924 101.688 1.197
201609 0.921 101.861 1.191
201612 0.886 101.863 1.146
201703 0.868 102.862 1.112
201706 0.828 103.349 1.056
201709 0.882 104.136 1.116
201712 0.894 104.011 1.133
201803 0.889 105.290 1.113
201806 0.853 106.317 1.057
201809 0.858 106.507 1.062
201812 0.656 105.998 0.816
201903 0.643 107.251 0.790
201906 0.455 108.070 0.555
201909 0.697 108.329 0.848
201912 0.725 108.420 0.881
202003 0.721 108.902 0.872
202006 0.727 108.767 0.881
202009 0.747 109.815 0.896
202012 0.791 109.897 0.948
202103 0.809 111.754 0.954
202106 0.833 114.631 0.958
202109 0.847 115.734 0.964
202112 0.862 117.630 0.966
202203 0.884 121.301 0.960
202206 0.879 125.017 0.927
202209 0.900 125.227 0.947
202212 0.926 125.222 0.974
202303 0.971 127.348 1.005
202306 0.930 128.729 0.952
202309 0.969 129.860 0.983
202312 1.016 129.419 1.035
202403 1.042 131.776 1.042

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


Ekarat Engineering PCL  (BKK:AKR) 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.

Ekarat Engineering PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.86/1.04
=0.83

* 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 Ekarat Engineering PCL was 1.10. The lowest was 0.24. And the median was 0.64.


Be Aware

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


Ekarat Engineering PCL Cyclically Adjusted Book per Share Related Terms

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


Ekarat Engineering PCL (BKK:AKR) Business Description

Traded in Other Exchanges
N/A
Address
9/291 UM Tower, Ramkhamhaeng Road, 28th Floor, Suanluang, Suanluang, Bangkok, THA, 10250
Ekarat Engineering PCL is engaged in manufacturing and distribution of transformers and solar farms. Its segments include Goods production and distribution; Services; Installation of a solar panel; and Electricity. It derives the majority of the revenue from the Goods production and distribution segment.