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IRPC PCL (BKK:IRPC) Cyclically Adjusted Book per Share : ฿4.74 (As of Mar. 2024)


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What is IRPC 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.

IRPC PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿3.795. 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 ฿4.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, IRPC PCL's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 IRPC PCL was 4.10% per year. The lowest was 0.70% per year. And the median was 3.00% per year.

As of today (2024-06-06), IRPC PCL's current stock price is ฿1.82. IRPC PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿4.74. IRPC PCL's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IRPC PCL was 1.95. The lowest was 0.40. And the median was 0.81.


IRPC PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for IRPC 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.

IRPC PCL Cyclically Adjusted Book per Share Chart

IRPC 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 4.18 4.16 4.39 4.63 4.69

IRPC 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 4.69 4.71 4.73 4.69 4.74

Competitive Comparison of IRPC PCL's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, IRPC 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.


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

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

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



IRPC 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, IRPC 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)
=3.795/131.7762*131.7762
=3.795

Current CPI (Mar. 2024) = 131.7762.

IRPC PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.612 100.560 4.733
201409 3.613 100.428 4.741
201412 3.323 99.070 4.420
201503 3.518 99.621 4.654
201506 3.647 100.684 4.773
201509 3.689 100.392 4.842
201512 3.714 99.792 4.904
201603 3.864 100.470 5.068
201606 3.820 101.688 4.950
201609 3.889 101.861 5.031
201612 3.965 101.863 5.129
201703 4.083 102.862 5.231
201706 3.915 103.349 4.992
201709 4.079 104.136 5.162
201712 4.288 104.011 5.433
201803 4.422 105.290 5.534
201806 4.330 106.317 5.367
201809 4.356 106.507 5.389
201812 4.277 105.998 5.317
201903 4.284 107.251 5.264
201906 4.219 108.070 5.145
201909 4.154 108.329 5.053
201912 4.079 108.420 4.958
202003 3.569 108.902 4.319
202006 3.550 108.767 4.301
202009 3.626 109.815 4.351
202012 3.700 109.897 4.437
202103 3.914 111.754 4.615
202106 4.138 114.631 4.757
202109 4.163 115.734 4.740
202112 4.287 117.630 4.803
202203 4.360 121.301 4.737
202206 4.408 125.017 4.646
202209 4.243 125.227 4.465
202212 3.893 125.222 4.097
202303 3.907 127.348 4.043
202306 3.767 128.729 3.856
202309 3.887 129.860 3.944
202312 3.719 129.419 3.787
202403 3.795 131.776 3.795

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


IRPC PCL  (BKK:IRPC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.82/4.74
=0.38

* 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 IRPC PCL was 1.95. The lowest was 0.40. And the median was 0.81.


Be Aware

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


IRPC PCL Cyclically Adjusted Book per Share Related Terms

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


IRPC PCL (BKK:IRPC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » IRPC PCL (BKK:IRPC) » Definitions » Cyclically Adjusted Book per Share
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Address
555/2, Energy Complex, Vibhavadi Rangsit Road, Building B, 6th Floor,, Chatuchak, Bangkok, THA, 10900
IRPC PCL is a Thailand-based company. The Company is principally engaged in the petroleum and petrochemical business with its products being refinery, lubricant, olefins, aromatics, plastic resins, and other petrochemical products. The company operates in three reportable segments; the Petroleum products segment, which produces and sells refinery, lubricant, and asphalt. The petrochemical products segment, produces and sells olefins, aromatics, and related products including special products. and Other business segments, includes divisions related to the Power plant, jetty, and other utilities. The majority of its revenue is derived from the Petroleum products segment.

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