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Bangchak Sriracha PCL (BKK:BSRC) Cyclically Adjusted Book per Share : ฿7.47 (As of Mar. 2024)


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What is Bangchak Sriracha 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.

Bangchak Sriracha PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿8.484. 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 ฿7.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bangchak Sriracha PCL's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Bangchak Sriracha PCL was 2.90% per year. The lowest was -0.60% per year. And the median was 1.50% per year.

As of today (2024-06-06), Bangchak Sriracha PCL's current stock price is ฿8.65. Bangchak Sriracha PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿7.47. Bangchak Sriracha PCL's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangchak Sriracha PCL was 3.02. The lowest was 0.55. And the median was 1.26.


Bangchak Sriracha PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bangchak Sriracha 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.

Bangchak Sriracha PCL Cyclically Adjusted Book per Share Chart

Bangchak Sriracha 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 7.06 6.74 6.79 7.17 7.34

Bangchak Sriracha 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 7.27 7.32 7.37 7.34 7.47

Competitive Comparison of Bangchak Sriracha PCL's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Bangchak Sriracha 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.


Bangchak Sriracha PCL's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bangchak Sriracha PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bangchak Sriracha 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, Bangchak Sriracha 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)
=8.484/131.7762*131.7762
=8.484

Current CPI (Mar. 2024) = 131.7762.

Bangchak Sriracha PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.211 100.560 8.139
201409 5.403 100.428 7.090
201412 3.442 99.070 4.578
201503 3.337 99.621 4.414
201506 4.293 100.684 5.619
201509 3.802 100.392 4.991
201512 3.976 99.792 5.250
201603 4.558 100.470 5.978
201606 5.381 101.688 6.973
201609 5.274 101.861 6.823
201612 5.994 101.863 7.754
201703 6.458 102.862 8.273
201706 6.457 103.349 8.233
201709 7.370 104.136 9.326
201712 8.141 104.011 10.314
201803 8.305 105.290 10.394
201806 8.086 106.317 10.022
201809 8.233 106.507 10.186
201812 7.462 105.998 9.277
201903 7.782 107.251 9.562
201906 7.419 108.070 9.046
201909 7.019 108.329 8.538
201912 6.389 108.420 7.765
202003 4.451 108.902 5.386
202006 3.773 108.767 4.571
202009 3.879 109.815 4.655
202012 4.147 109.897 4.973
202103 4.986 111.754 5.879
202106 5.240 114.631 6.024
202109 5.269 115.734 5.999
202112 5.548 117.630 6.215
202203 7.255 121.301 7.882
202206 9.684 125.017 10.208
202209 8.314 125.227 8.749
202212 7.858 125.222 8.269
202303 8.094 127.348 8.375
202306 7.415 128.729 7.591
202309 8.692 129.860 8.820
202312 8.078 129.419 8.225
202403 8.484 131.776 8.484

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


Bangchak Sriracha PCL  (BKK:BSRC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.65/7.47
=1.16

* 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 Bangchak Sriracha PCL was 3.02. The lowest was 0.55. And the median was 1.26.


Be Aware

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


Bangchak Sriracha PCL Cyclically Adjusted Book per Share Related Terms

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


Bangchak Sriracha PCL (BKK:BSRC) Business Description

Industry
Traded in Other Exchanges
Address
3195/17-29 Rama IV Road, Klongton, Klong Toey District, Bangkok, THA, 10110
Bangchak Sriracha PCL Formerly Esso Thailand PCL is engaged in the refining and marketing of petroleum products, including a network of retail service stations. The company operates a refinery and chemical manufacturing plant in Sriracha, Thailand. It also operates distribution facilities and oil terminals throughout Thailand. Its products are sold through a network of retail service stations, directly to industrial customers, and through export. It is involved in the sale of chemical products to both domestic and overseas customers. Its products include Refined petroleum products, Lubricants and specialities, and Aromatics and chemicals. Its segments are Downstream which includes the refining and marketing of petroleum products and Petrochemicals.

Bangchak Sriracha PCL (BKK:BSRC) Headlines

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