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Minor International PCL (Minor International PCL) Cyclically Adjusted Book per Share : $0.32 (As of Mar. 2024)


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What is Minor International 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.

Minor International PCL's adjusted book value per share for the three months ended in Mar. 2024 was $0.395. 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 $0.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Minor International PCL's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.40% 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 Minor International PCL was 17.50% per year. The lowest was 13.00% per year. And the median was 15.30% per year.

As of today (2024-05-28), Minor International PCL's current stock price is $0.8144. Minor International PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.32. Minor International PCL's Cyclically Adjusted PB Ratio of today is 2.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Minor International PCL was 8.27. The lowest was 1.92. And the median was 3.17.


Minor International PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Minor International 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.

Minor International PCL Cyclically Adjusted Book per Share Chart

Minor International 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 0.26 0.20 0.36 0.32 0.36

Minor International 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 0.35 0.33 0.33 0.36 0.32

Competitive Comparison of Minor International PCL's Cyclically Adjusted Book per Share

For the Lodging subindustry, Minor International 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.


Minor International PCL's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Minor International 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, Minor International 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)
=0.395/131.7762*131.7762
=0.395

Current CPI (Mar. 2024) = 131.7762.

Minor International PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.179 100.560 0.235
201409 0.184 100.428 0.241
201412 0.191 99.070 0.254
201503 0.196 99.621 0.259
201506 0.192 100.684 0.251
201509 0.183 100.392 0.240
201512 0.193 99.792 0.255
201603 0.232 100.470 0.304
201606 0.223 101.688 0.289
201609 0.234 101.861 0.303
201612 0.233 101.863 0.301
201703 0.249 102.862 0.319
201706 0.247 103.349 0.315
201709 0.261 104.136 0.330
201712 0.309 104.011 0.391
201803 0.329 105.290 0.412
201806 0.306 106.317 0.379
201809 0.399 106.507 0.494
201812 0.464 105.998 0.577
201903 0.478 107.251 0.587
201906 0.478 108.070 0.583
201909 0.507 108.329 0.617
201912 0.533 108.420 0.648
202003 0.465 108.902 0.563
202006 0.476 108.767 0.577
202009 0.449 109.815 0.539
202012 0.430 109.897 0.516
202103 0.378 111.754 0.446
202106 0.346 114.631 0.398
202109 0.314 115.734 0.358
202112 0.389 117.630 0.436
202203 0.372 121.301 0.404
202206 0.370 125.017 0.390
202209 0.370 125.227 0.389
202212 0.387 125.222 0.407
202303 0.440 127.348 0.455
202306 0.394 128.729 0.403
202309 0.385 129.860 0.391
202312 0.392 129.419 0.399
202403 0.395 131.776 0.395

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


Minor International PCL  (OTCPK:MNRIF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.8144/0.32
=2.55

* 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 Minor International PCL was 8.27. The lowest was 1.92. And the median was 3.17.


Be Aware

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


Minor International PCL Cyclically Adjusted Book per Share Related Terms

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


Minor International PCL (Minor International PCL) Business Description

Traded in Other Exchanges
Address
Ratchadaphisek Road, 12th Floor, 88 The Parq Building, Klongtoey Subdistrict, Klongtoey District, Bangkok, THA, 10110
Minor International PCL operates hotels, restaurants, and several smaller businesses. The company operates in four segments: Hotel, with properties in Europe, Thailand, and Latin America; Restaurant, with locations primarily in Thailand, China, and Australia; Retail, which offers a wide range of high-end clothing and consumer products through stores and e-commerce in Thailand; and Mixed-Use. Most of its revenue comes from European hotels. A sizable portion of sales also comes from the restaurant segment in Thailand.

Minor International PCL (Minor International PCL) Headlines

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