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Saha Pathanapibul PCL (BKK:SPC) Cyclically Adjusted Book per Share : ฿66.32 (As of Mar. 2024)


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What is Saha Pathanapibul 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.

Saha Pathanapibul PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿81.734. 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 ฿66.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saha Pathanapibul PCL's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.30% 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 Saha Pathanapibul PCL was 14.80% per year. The lowest was 11.60% per year. And the median was 13.40% per year.

As of today (2024-06-02), Saha Pathanapibul PCL's current stock price is ฿62.25. Saha Pathanapibul PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿66.32. Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saha Pathanapibul PCL was 1.73. The lowest was 0.92. And the median was 1.32.


Saha Pathanapibul PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saha Pathanapibul 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.

Saha Pathanapibul PCL Cyclically Adjusted Book per Share Chart

Saha Pathanapibul 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 38.42 43.29 50.95 58.16 64.12

Saha Pathanapibul 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 60.10 61.75 63.29 64.12 66.32

Competitive Comparison of Saha Pathanapibul PCL's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Saha Pathanapibul 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.


Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saha Pathanapibul 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, Saha Pathanapibul 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)
=81.734/131.7762*131.7762
=81.734

Current CPI (Mar. 2024) = 131.7762.

Saha Pathanapibul PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.648 100.560 41.472
201409 33.163 100.428 43.515
201412 35.429 99.070 47.125
201503 34.930 99.621 46.204
201506 35.278 100.684 46.172
201509 35.924 100.392 47.155
201512 37.355 99.792 49.327
201603 38.147 100.470 50.033
201606 38.400 101.688 49.762
201609 39.520 101.861 51.126
201612 41.213 101.863 53.316
201703 43.544 102.862 55.784
201706 43.374 103.349 55.304
201709 46.465 104.136 58.798
201712 48.953 104.011 62.021
201803 49.969 105.290 62.539
201806 0.000 106.317 0.000
201809 51.387 106.507 63.579
201812 52.129 105.998 64.807
201903 52.686 107.251 64.734
201906 53.408 108.070 65.124
201909 54.029 108.329 65.723
201912 55.220 108.420 67.116
202003 66.529 108.902 80.503
202006 67.139 108.767 81.342
202009 67.580 109.815 81.095
202012 71.575 109.897 85.825
202103 72.412 111.754 85.385
202106 72.426 114.631 83.258
202109 73.911 115.734 84.156
202112 72.621 117.630 81.355
202203 73.189 121.301 79.509
202206 73.097 125.017 77.049
202209 74.816 125.227 78.729
202212 74.826 125.222 78.743
202303 75.776 127.348 78.411
202306 76.632 128.729 78.446
202309 77.665 129.860 78.811
202312 80.013 129.419 81.470
202403 81.734 131.776 81.734

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


Saha Pathanapibul PCL  (BKK:SPC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=62.25/66.32
=0.94

* 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 Saha Pathanapibul PCL was 1.73. The lowest was 0.92. And the median was 1.32.


Be Aware

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


Saha Pathanapibul PCL Cyclically Adjusted Book per Share Related Terms

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


Saha Pathanapibul PCL (BKK:SPC) Business Description

Traded in Other Exchanges
N/A
Address
2156 New Petchburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
Saha Pathanapibul PCL is a Thailand based company, engaged in the business of consumer goods distribution and property development. In addition, the company along with its subsidiaries is also involved in the business of investing in real estate and services, and office building for rent. The group generates the majority of the revenue from the sales of consumer products segment. It distributes products range which includes food, beverages, household, and personal care products. The group operates its business activities in Thailand and internationally.