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Bangkok Insurance PCL (BKK:BKI) Cyclically Adjusted Book per Share : ฿366.76 (As of Mar. 2024)


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What is Bangkok Insurance 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.

Bangkok Insurance PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿314.206. 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 ฿366.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bangkok Insurance PCL's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bangkok Insurance PCL was 7.70% per year. The lowest was 6.20% per year. And the median was 6.75% per year.

As of today (2024-06-09), Bangkok Insurance PCL's current stock price is ฿286.00. Bangkok Insurance PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿366.76. Bangkok Insurance PCL's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangkok Insurance PCL was 1.59. The lowest was 0.77. And the median was 0.92.


Bangkok Insurance PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bangkok Insurance 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.

Bangkok Insurance PCL Cyclically Adjusted Book per Share Chart

Bangkok Insurance 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 277.85 287.75 317.75 342.61 359.59

Bangkok Insurance 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 349.25 354.42 359.68 359.59 366.76

Competitive Comparison of Bangkok Insurance PCL's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Bangkok Insurance 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.


Bangkok Insurance PCL's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bangkok Insurance PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bangkok Insurance 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, Bangkok Insurance 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)
=314.206/131.7762*131.7762
=314.206

Current CPI (Mar. 2024) = 131.7762.

Bangkok Insurance PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 245.910 100.560 322.248
201409 269.305 100.428 353.368
201412 262.716 99.070 349.448
201503 278.419 99.621 368.285
201506 303.229 100.684 396.869
201509 325.664 100.392 427.474
201512 323.623 99.792 427.345
201603 327.369 100.470 429.375
201606 299.476 101.688 388.087
201609 303.121 101.861 392.144
201612 312.330 101.863 404.050
201703 324.305 102.862 415.465
201706 310.915 103.349 396.435
201709 349.358 104.136 442.088
201712 330.097 104.011 418.214
201803 351.539 105.290 439.972
201806 306.955 106.317 380.461
201809 334.465 106.507 413.819
201812 327.560 105.998 407.221
201903 331.430 107.251 407.220
201906 320.971 108.070 391.381
201909 281.141 108.329 341.991
201912 291.379 108.420 354.149
202003 261.946 108.902 316.968
202006 271.898 108.767 329.416
202009 255.560 109.815 306.668
202012 284.992 109.897 341.731
202103 314.769 111.754 371.163
202106 305.793 114.631 351.529
202109 303.464 115.734 345.527
202112 308.238 117.630 345.308
202203 289.279 121.301 314.260
202206 279.079 125.017 294.168
202209 309.901 125.227 326.110
202212 302.080 125.222 317.892
202303 317.811 127.348 328.863
202306 316.209 128.729 323.695
202309 352.033 129.860 357.229
202312 313.026 129.419 318.726
202403 314.206 131.776 314.206

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


Bangkok Insurance PCL  (BKK:BKI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=286.00/366.76
=0.78

* 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 Bangkok Insurance PCL was 1.59. The lowest was 0.77. And the median was 0.92.


Be Aware

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


Bangkok Insurance PCL Cyclically Adjusted Book per Share Related Terms

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


Bangkok Insurance PCL (BKK:BKI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
South Sathon Road, No. 25 Bangkok Insurance Building, Tung Ma Ha Mek, Sathon, Bangkok, THA, 10120
Bangkok Insurance PCL is principally engaged in the provision of non-life insurance. The company's operating business consists of Fire, Marine and transportation, Motor, and Miscellaneous segments. The company operates only in Thailand.

Bangkok Insurance PCL (BKK:BKI) Headlines

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