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Asia Fiber PCL (BKK:AFC-F) Cyclically Adjusted Book per Share : ฿45.48 (As of Mar. 2024)


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What is Asia Fiber 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.

Asia Fiber PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿25.602. 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 ฿45.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Fiber PCL's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Asia Fiber PCL was 5.50% per year. The lowest was 5.00% per year. And the median was 5.25% per year.

As of today (2024-06-09), Asia Fiber PCL's current stock price is ฿8.00. Asia Fiber PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿45.48. Asia Fiber PCL's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asia Fiber PCL was 0.54. The lowest was 0.16. And the median was 0.28.


Asia Fiber PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asia Fiber 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.

Asia Fiber PCL Cyclically Adjusted Book per Share Chart

Asia Fiber PCL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.80 31.72 22.68 21.03 37.85

Asia Fiber 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 33.24 37.85 39.07 47.61 45.48

Competitive Comparison of Asia Fiber PCL's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Asia Fiber 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.


Asia Fiber PCL's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asia Fiber PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asia Fiber 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, Asia Fiber 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)
=25.602/131.7762*131.7762
=25.602

Current CPI (Mar. 2024) = 131.7762.

Asia Fiber PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.798 100.560 31.186
201409 23.520 100.428 30.862
201412 23.255 99.070 30.932
201503 22.846 99.621 30.220
201506 22.795 100.684 29.834
201509 22.874 100.392 30.025
201512 22.623 99.792 29.874
201603 22.654 100.470 29.713
201606 22.578 101.688 29.259
201609 22.714 101.861 29.385
201612 22.764 101.863 29.449
201703 22.930 102.862 29.375
201706 26.515 103.349 33.808
201709 26.506 104.136 33.541
201712 26.585 104.011 33.682
201803 26.439 105.290 33.090
201806 26.708 106.317 33.104
201809 26.843 106.507 33.212
201812 26.502 105.998 32.947
201903 26.369 107.251 32.399
201906 26.185 108.070 31.929
201909 25.927 108.329 31.539
201912 25.458 108.420 30.942
202003 25.495 108.902 30.850
202006 25.559 108.767 30.966
202009 25.460 109.815 30.552
202012 25.339 109.897 30.384
202103 25.740 111.754 30.352
202106 26.193 114.631 30.111
202109 26.233 115.734 29.869
202112 26.340 117.630 29.508
202203 26.492 121.301 28.780
202206 26.838 125.017 28.289
202209 26.678 125.227 28.073
202212 25.599 125.222 26.939
202303 25.097 127.348 25.970
202306 25.600 128.729 26.206
202309 25.888 129.860 26.270
202312 25.520 129.419 25.985
202403 25.602 131.776 25.602

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


Asia Fiber PCL  (BKK:AFC-F) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.00/45.48
=0.18

* 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 Asia Fiber PCL was 0.54. The lowest was 0.16. And the median was 0.28.


Be Aware

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


Asia Fiber PCL Cyclically Adjusted Book per Share Related Terms

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


Asia Fiber PCL (BKK:AFC-F) Business Description

Traded in Other Exchanges
Address
33/133-136 Surawongse Road, 27th Floor, Wall Street Tower, Suriyawongse, Bangrak, Bangkok, THA, 10500
Asia Fiber PCL is a manufacturer of nylon products in Thailand. The company's operating segment include Nylon Chip; Filament yarn; Textured Yarn and Other includes Sale Grey Fabric, Dyed and Finished Fabric, and other services. It generates maximum revenue from the Nylon Chip segment. The company derives a majority of revenue from export business.

Asia Fiber PCL (BKK:AFC-F) Headlines

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