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Dusit Thani PCL (BKK:DUSIT) Cyclically Adjusted Book per Share : ฿6.14 (As of Mar. 2024)


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What is Dusit Thani 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.

Dusit Thani PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿4.121. 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 ฿6.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dusit Thani PCL's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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 Dusit Thani PCL was 2.90% per year. The lowest was 2.00% per year. And the median was 2.70% per year.

As of today (2024-05-31), Dusit Thani PCL's current stock price is ฿10.80. Dusit Thani PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿6.14. Dusit Thani PCL's Cyclically Adjusted PB Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dusit Thani PCL was 3.09. The lowest was 1.19. And the median was 1.77.


Dusit Thani PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dusit Thani 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.

Dusit Thani PCL Cyclically Adjusted Book per Share Chart

Dusit Thani 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 5.60 5.62 5.90 6.10 6.09

Dusit Thani 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 6.16 6.18 6.19 6.09 6.14

Competitive Comparison of Dusit Thani PCL's Cyclically Adjusted Book per Share

For the Lodging subindustry, Dusit Thani 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.


Dusit Thani PCL's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dusit Thani PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dusit Thani 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, Dusit Thani 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)
=4.121/131.7762*131.7762
=4.121

Current CPI (Mar. 2024) = 131.7762.

Dusit Thani PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.783 100.560 6.268
201409 5.233 100.428 6.866
201412 5.257 99.070 6.993
201503 5.462 99.621 7.225
201506 5.353 100.684 7.006
201509 5.333 100.392 7.000
201512 5.434 99.792 7.176
201603 5.595 100.470 7.338
201606 5.407 101.688 7.007
201609 5.317 101.861 6.879
201612 5.429 101.863 7.023
201703 5.559 102.862 7.122
201706 5.398 103.349 6.883
201709 5.354 104.136 6.775
201712 5.706 104.011 7.229
201803 6.005 105.290 7.516
201806 5.843 106.317 7.242
201809 5.832 106.507 7.216
201812 5.881 105.998 7.311
201903 5.847 107.251 7.184
201906 5.621 108.070 6.854
201909 5.757 108.329 7.003
201912 5.590 108.420 6.794
202003 5.269 108.902 6.376
202006 4.700 108.767 5.694
202009 4.317 109.815 5.180
202012 5.019 109.897 6.018
202103 5.131 111.754 6.050
202106 4.687 114.631 5.388
202109 4.304 115.734 4.901
202112 3.889 117.630 4.357
202203 3.744 121.301 4.067
202206 3.142 125.017 3.312
202209 4.778 125.227 5.028
202212 4.876 125.222 5.131
202303 4.815 127.348 4.982
202306 4.584 128.729 4.693
202309 4.213 129.860 4.275
202312 4.070 129.419 4.144
202403 4.121 131.776 4.121

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


Dusit Thani PCL  (BKK:DUSIT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.80/6.14
=1.76

* 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 Dusit Thani PCL was 3.09. The lowest was 1.19. And the median was 1.77.


Be Aware

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


Dusit Thani PCL Cyclically Adjusted Book per Share Related Terms

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


Dusit Thani PCL (BKK:DUSIT) Business Description

Traded in Other Exchanges
N/A
Address
Phayathai Road, 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani PCL is engaged in the hospitality sector. The company's operating segments include Hotel and hotel management, Education, food, Property development and Others. It generates maximum revenue from the Hotel and Hotel management segment. Geographically, the firm operates in Thailand and oversees.

Dusit Thani PCL (BKK:DUSIT) Headlines

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