GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Ayudhya PCL (OTCPK:BKAHF) » Definitions » Cyclically Adjusted Book per Share

Bank Of Ayudhya PCL (Bank Of Ayudhya PCL) Cyclically Adjusted Book per Share : $1.20 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Bank Of Ayudhya 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.

Bank Of Ayudhya PCL's adjusted book value per share for the three months ended in Mar. 2024 was $1.432. 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 $1.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Of Ayudhya PCL's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% 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 Bank Of Ayudhya PCL was 12.70% per year. The lowest was 8.70% per year. And the median was 11.55% per year.

As of today (2024-06-08), Bank Of Ayudhya PCL's current stock price is $0.6624. Bank Of Ayudhya PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.20. Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank Of Ayudhya PCL was 2.19. The lowest was 0.61. And the median was 1.07.


Bank Of Ayudhya PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank Of Ayudhya 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.

Bank Of Ayudhya PCL Cyclically Adjusted Book per Share Chart

Bank Of Ayudhya 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 0.86 0.55 0.98 1.04 1.10

Bank Of Ayudhya 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 1.23 1.19 1.20 1.10 1.20

Competitive Comparison of Bank Of Ayudhya PCL's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank Of Ayudhya 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.


Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bank Of Ayudhya 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, Bank Of Ayudhya 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)
=1.432/131.7762*131.7762
=1.432

Current CPI (Mar. 2024) = 131.7762.

Bank Of Ayudhya PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.641 100.560 0.840
201409 0.655 100.428 0.859
201412 0.657 99.070 0.874
201503 0.759 99.621 1.004
201506 0.741 100.684 0.970
201509 0.700 100.392 0.919
201512 0.719 99.792 0.949
201603 0.757 100.470 0.993
201606 0.763 101.688 0.989
201609 0.796 101.861 1.030
201612 0.791 101.863 1.023
201703 0.833 102.862 1.067
201706 0.865 103.349 1.103
201709 0.899 104.136 1.138
201712 0.938 104.011 1.188
201803 1.005 105.290 1.258
201806 0.978 106.317 1.212
201809 0.988 106.507 1.222
201812 1.009 105.998 1.254
201903 1.095 107.251 1.345
201906 1.132 108.070 1.380
201909 1.168 108.329 1.421
201912 1.219 108.420 1.482
202003 1.151 108.902 1.393
202006 1.216 108.767 1.473
202009 1.232 109.815 1.478
202012 1.300 109.897 1.559
202103 1.301 111.754 1.534
202106 1.325 114.631 1.523
202109 1.275 115.734 1.452
202112 1.286 117.630 1.441
202203 1.325 121.301 1.439
202206 1.274 125.017 1.343
202209 1.222 125.227 1.286
202212 1.333 125.222 1.403
202303 1.377 127.348 1.425
202306 1.384 128.729 1.417
202309 1.369 129.860 1.389
202312 1.432 129.419 1.458
202403 1.432 131.776 1.432

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


Bank Of Ayudhya PCL  (OTCPK:BKAHF) 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.

Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.6624/1.2
=0.55

* 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 Bank Of Ayudhya PCL was 2.19. The lowest was 0.61. And the median was 1.07.


Be Aware

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


Bank Of Ayudhya PCL Cyclically Adjusted Book per Share Related Terms

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


Bank Of Ayudhya PCL (Bank Of Ayudhya PCL) Business Description

Industry
Traded in Other Exchanges
Address
1222 Rama III Road, Bang Phongphang Subdistrict, Yannawa District, Bangkok, THA, 10120
Bank Of Ayudhya PCL is a full-service universal bank commonly referred to as Krunsgri, operating mostly in Thailand, and with some exposure to other Asian countries. The bank's operations include commercial banking, retail banking, and other financial services, such as wealth management, credit cards, insurance, asset management, securities trading, auto hire purchases, equipment leasing, factoring, microfinance, and instalment loans. Its segments include Retail, Commercial and Others.

Bank Of Ayudhya PCL (Bank Of Ayudhya PCL) Headlines

No Headlines