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Plus Tech Innovation PCL (BKK:PTECH) Cyclically Adjusted Book per Share : ฿5.61 (As of Mar. 2024)


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What is Plus Tech Innovation 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.

Plus Tech Innovation PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿3.982. 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 ฿5.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Plus Tech Innovation PCL's average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Plus Tech Innovation PCL was 1.70% per year. The lowest was 1.30% per year. And the median was 1.50% per year.

As of today (2024-06-10), Plus Tech Innovation PCL's current stock price is ฿6.05. Plus Tech Innovation PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿5.61. Plus Tech Innovation PCL's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Plus Tech Innovation PCL was 6.92. The lowest was 1.08. And the median was 2.23.


Plus Tech Innovation PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Plus Tech Innovation 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.

Plus Tech Innovation PCL Cyclically Adjusted Book per Share Chart

Plus Tech Innovation 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 5.41 5.29 5.56 5.66 5.56

Plus Tech Innovation 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 5.69 5.69 5.66 5.56 5.61

Competitive Comparison of Plus Tech Innovation PCL's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, Plus Tech Innovation 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.


Plus Tech Innovation PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plus Tech Innovation PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Plus Tech Innovation 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, Plus Tech Innovation 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)
=3.982/131.7762*131.7762
=3.982

Current CPI (Mar. 2024) = 131.7762.

Plus Tech Innovation PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.938 100.560 6.471
201409 5.077 100.428 6.662
201412 5.210 99.070 6.930
201503 4.585 99.621 6.065
201506 4.642 100.684 6.076
201509 4.775 100.392 6.268
201512 4.869 99.792 6.430
201603 4.546 100.470 5.962
201606 4.762 101.688 6.171
201609 4.823 101.861 6.239
201612 4.912 101.863 6.354
201703 5.105 102.862 6.540
201706 4.744 103.349 6.049
201709 4.956 104.136 6.271
201712 5.085 104.011 6.442
201803 5.060 105.290 6.333
201806 4.664 106.317 5.781
201809 4.585 106.507 5.673
201812 4.580 105.998 5.694
201903 4.687 107.251 5.759
201906 5.497 108.070 6.703
201909 4.966 108.329 6.041
201912 5.062 108.420 6.152
202003 5.006 108.902 6.058
202006 3.821 108.767 4.629
202009 3.834 109.815 4.601
202012 3.899 109.897 4.675
202103 4.046 111.754 4.771
202106 4.185 114.631 4.811
202109 4.831 115.734 5.501
202112 6.451 117.630 7.227
202203 3.956 121.301 4.298
202206 4.280 125.017 4.511
202209 4.290 125.227 4.514
202212 4.273 125.222 4.497
202303 4.273 127.348 4.422
202306 4.278 128.729 4.379
202309 4.277 129.860 4.340
202312 4.204 129.419 4.281
202403 3.982 131.776 3.982

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


Plus Tech Innovation PCL  (BKK:PTECH) 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.

Plus Tech Innovation PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.05/5.61
=1.08

* 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 Plus Tech Innovation PCL was 6.92. The lowest was 1.08. And the median was 2.23.


Be Aware

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


Plus Tech Innovation PCL Cyclically Adjusted Book per Share Related Terms

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


Plus Tech Innovation PCL (BKK:PTECH) Business Description

Traded in Other Exchanges
N/A
Address
Poochao-Saming Prai Road, 41/1 Soi Wat Suan Som, Samrong Tai Subdistrict, Phra Pradaeng District, Samutprakarn, THA, 10130
Plus Tech Innovation PCL is a Thailand-based company engaged in the manufacturing of plastic cards and vending machines. The company's two operating segments include the Manufacturing of plastic cards and card personalization services; and Vending machines. It generates the majority of its revenue from the Vending machines segment. Geographically group mainly operates in Thailand and generates key revenue.

Plus Tech Innovation PCL (BKK:PTECH) Headlines

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