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Asian Sea PCL (BKK:ASIAN) Cyclically Adjusted Book per Share : ฿4.73 (As of Mar. 2024)


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What is Asian Sea 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.

Asian Sea PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿7.979. 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 ฿4.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asian Sea PCL's average Cyclically Adjusted Book Growth Rate was 14.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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 Asian Sea PCL was 14.00% per year. The lowest was 5.10% per year. And the median was 8.10% per year.

As of today (2024-06-08), Asian Sea PCL's current stock price is ฿10.30. Asian Sea PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿4.73. Asian Sea PCL's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asian Sea PCL was 6.71. The lowest was 0.66. And the median was 2.12.


Asian Sea PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asian Sea 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.

Asian Sea PCL Cyclically Adjusted Book per Share Chart

Asian Sea 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 2.87 3.06 3.46 3.95 4.53

Asian Sea 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 4.13 4.28 4.43 4.53 4.73

Competitive Comparison of Asian Sea PCL's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Asian Sea 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.


Asian Sea PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asian Sea 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, Asian Sea 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)
=7.979/131.7762*131.7762
=7.979

Current CPI (Mar. 2024) = 131.7762.

Asian Sea PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.388 100.560 3.129
201409 2.327 100.428 3.053
201412 2.254 99.070 2.998
201503 2.291 99.621 3.030
201506 2.313 100.684 3.027
201509 2.417 100.392 3.173
201512 2.479 99.792 3.274
201603 2.492 100.470 3.268
201606 2.531 101.688 3.280
201609 2.552 101.861 3.301
201612 2.724 101.863 3.524
201703 2.854 102.862 3.656
201706 2.876 103.349 3.667
201709 4.484 104.136 5.674
201712 3.118 104.011 3.950
201803 3.151 105.290 3.944
201806 3.098 106.317 3.840
201809 3.278 106.507 4.056
201812 3.397 105.998 4.223
201903 3.470 107.251 4.264
201906 3.396 108.070 4.141
201909 3.436 108.329 4.180
201912 3.452 108.420 4.196
202003 3.553 108.902 4.299
202006 3.785 108.767 4.586
202009 4.038 109.815 4.846
202012 4.297 109.897 5.152
202103 4.563 111.754 5.381
202106 4.559 114.631 5.241
202109 4.645 115.734 5.289
202112 4.968 117.630 5.565
202203 5.272 121.301 5.727
202206 5.197 125.017 5.478
202209 5.246 125.227 5.520
202212 7.762 125.222 8.168
202303 7.824 127.348 8.096
202306 7.443 128.729 7.619
202309 7.554 129.860 7.665
202312 7.674 129.419 7.814
202403 7.979 131.776 7.979

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


Asian Sea PCL  (BKK:ASIAN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.30/4.73
=2.18

* 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 Asian Sea PCL was 6.71. The lowest was 0.66. And the median was 2.12.


Be Aware

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


Asian Sea PCL Cyclically Adjusted Book per Share Related Terms

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


Asian Sea PCL (BKK:ASIAN) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

Asian Sea PCL (BKK:ASIAN) Headlines

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