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AKS PCL (BKK:AKS) Cyclically Adjusted Book per Share : ฿0.15 (As of Mar. 2024)


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What is AKS 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.

AKS PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.028. 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 ฿0.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AKS PCL's average Cyclically Adjusted Book Growth Rate was -34.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -26.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -21.80% 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 AKS PCL was -16.80% per year. The lowest was -26.60% per year. And the median was -21.10% per year.

As of today (2024-06-10), AKS PCL's current stock price is ฿0.01. AKS PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.15. AKS PCL's Cyclically Adjusted PB Ratio of today is 0.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AKS PCL was 0.17. The lowest was 0.02. And the median was 0.05.


AKS PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for AKS 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.

AKS PCL Cyclically Adjusted Book per Share Chart

AKS 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 0.53 0.43 0.34 0.26 0.17

AKS 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 0.23 0.21 0.19 0.17 0.15

Competitive Comparison of AKS PCL's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, AKS 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.


AKS PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AKS PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AKS 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, AKS 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)
=0.028/131.7762*131.7762
=0.028

Current CPI (Mar. 2024) = 131.7762.

AKS PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.623 100.560 0.816
201409 0.536 100.428 0.703
201412 0.463 99.070 0.616
201503 0.471 99.621 0.623
201506 0.000 100.684 0.000
201509 0.346 100.392 0.454
201512 0.296 99.792 0.391
201603 0.289 100.470 0.379
201606 0.288 101.688 0.373
201609 0.282 101.861 0.365
201612 0.014 101.863 0.018
201703 0.010 102.862 0.013
201706 0.006 103.349 0.008
201709 0.041 104.136 0.052
201712 0.040 104.011 0.051
201803 0.040 105.290 0.050
201806 0.041 106.317 0.051
201809 0.040 106.507 0.049
201812 0.041 105.998 0.051
201903 0.040 107.251 0.049
201906 0.040 108.070 0.049
201909 0.039 108.329 0.047
201912 0.039 108.420 0.047
202003 0.038 108.902 0.046
202006 0.037 108.767 0.045
202009 0.036 109.815 0.043
202012 0.035 109.897 0.042
202103 0.034 111.754 0.040
202106 0.030 114.631 0.034
202109 0.030 115.734 0.034
202112 0.029 117.630 0.032
202203 0.031 121.301 0.034
202206 0.030 125.017 0.032
202209 0.031 125.227 0.033
202212 0.031 125.222 0.033
202303 0.030 127.348 0.031
202306 0.030 128.729 0.031
202309 0.030 129.860 0.030
202312 0.028 129.419 0.029
202403 0.028 131.776 0.028

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


AKS PCL  (BKK:AKS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.01/0.15
=0.07

* 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 AKS PCL was 0.17. The lowest was 0.02. And the median was 0.05.


Be Aware

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


AKS PCL Cyclically Adjusted Book per Share Related Terms

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


AKS PCL (BKK:AKS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AKS Corp PCL (BKK:AKS) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
No. 102 Rimklong Bangkapi Road, Bangkapi Subdistrict, Huai Khwang District, Bangkok, THA, 10310
AKS Corp PCL is engaged in property development and sales. The company's segments include Property development low rise; Property development high rise; and Management Services. The majority of its revenue is derived from the Property development low-rise segment with all of the operations in Thailand.

AKS PCL (BKK:AKS) Headlines