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Communication and System Solution PCL (BKK:CSS) Cyclically Adjusted Book per Share : ฿1.71 (As of Mar. 2024)


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What is Communication and System Solution 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.

Communication and System Solution PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.472. 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 ฿1.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Communication and System Solution PCL's average Cyclically Adjusted Book Growth Rate was 3.60% 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.

As of today (2024-05-24), Communication and System Solution PCL's current stock price is ฿0.90. Communication and System Solution PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.71. Communication and System Solution PCL's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Communication and System Solution PCL was 1.29. The lowest was 0.45. And the median was 0.83.


Communication and System Solution PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Communication and System Solution 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.

Communication and System Solution PCL Cyclically Adjusted Book per Share Chart

Communication and System Solution 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 - - 1.77 1.60 1.68

Communication and System Solution 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 1.65 1.68 1.69 1.68 1.71

Competitive Comparison of Communication and System Solution PCL's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Communication and System Solution 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.


Communication and System Solution PCL's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Communication and System Solution PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Communication and System Solution PCL's Cyclically Adjusted PB Ratio falls into.



Communication and System Solution 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, Communication and System Solution 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)
=1.472/131.7762*131.7762
=1.472

Current CPI (Mar. 2024) = 131.7762.

Communication and System Solution PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.234 100.560 1.617
201409 1.280 100.428 1.680
201412 1.431 99.070 1.903
201503 1.416 99.621 1.873
201506 1.493 100.684 1.954
201509 1.441 100.392 1.891
201512 1.504 99.792 1.986
201603 1.536 100.470 2.015
201606 1.386 101.688 1.796
201609 1.367 101.861 1.768
201612 1.413 101.863 1.828
201703 1.460 102.862 1.870
201706 1.397 103.349 1.781
201709 1.360 104.136 1.721
201712 1.406 104.011 1.781
201803 1.436 105.290 1.797
201806 1.375 106.317 1.704
201809 1.346 106.507 1.665
201812 1.391 105.998 1.729
201903 1.382 107.251 1.698
201906 1.309 108.070 1.596
201909 1.313 108.329 1.597
201912 1.342 108.420 1.631
202003 1.393 108.902 1.686
202006 1.388 108.767 1.682
202009 1.392 109.815 1.670
202012 1.360 109.897 1.631
202103 1.407 111.754 1.659
202106 1.408 114.631 1.619
202109 1.432 115.734 1.630
202112 1.560 117.630 1.748
202203 1.580 121.301 1.716
202206 1.523 125.017 1.605
202209 1.516 125.227 1.595
202212 1.514 125.222 1.593
202303 1.534 127.348 1.587
202306 1.503 128.729 1.539
202309 1.510 129.860 1.532
202312 1.470 129.419 1.497
202403 1.472 131.776 1.472

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


Communication and System Solution PCL  (BKK:CSS) 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.

Communication and System Solution PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.90/1.71
=0.53

* 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 Communication and System Solution PCL was 1.29. The lowest was 0.45. And the median was 0.83.


Be Aware

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


Communication and System Solution PCL Cyclically Adjusted Book per Share Related Terms

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


Communication and System Solution PCL (BKK:CSS) Business Description

Traded in Other Exchanges
N/A
Address
329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand based company engaged in the distribution and installation of equipment production for electricity, water, air conditioning, and telecommunication systems. It operates in two segments the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system and fire protection systems and maintenance services. It derives a majority of the revenue from the Distribution of electrical equipment.