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Buildersmart PCL (BKK:BSM-R) Cyclically Adjusted Book per Share : ฿3.11 (As of Dec. 2023)


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What is Buildersmart 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.

Buildersmart PCL's adjusted book value per share for the three months ended in Dec. 2023 was ฿1.953. 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 ฿3.11 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Buildersmart PCL's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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 Buildersmart PCL was 13.50% per year. The lowest was 10.50% per year. And the median was 13.00% per year.

As of today (2024-05-17), Buildersmart PCL's current stock price is ฿3.10. Buildersmart PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿3.11. Buildersmart PCL's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Buildersmart PCL was 4.22. The lowest was 0.93. And the median was 1.47.


Buildersmart PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Buildersmart 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.

Buildersmart PCL Cyclically Adjusted Book per Share Chart

Buildersmart 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 1.74 2.13 2.26 2.36 3.11

Buildersmart PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.36 2.57 2.81 2.91 3.11

Competitive Comparison of Buildersmart PCL's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Buildersmart 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.


Buildersmart PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Buildersmart PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Buildersmart 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, Buildersmart PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.953/129.4194*129.4194
=1.953

Current CPI (Dec. 2023) = 129.4194.

Buildersmart PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.475 99.695 1.915
201406 1.439 100.560 1.852
201409 1.424 100.428 1.835
201412 1.388 99.070 1.813
201503 1.424 99.621 1.850
201506 1.401 100.684 1.801
201509 1.453 100.392 1.873
201512 1.466 99.792 1.901
201603 1.492 100.470 1.922
201606 2.043 101.688 2.600
201609 2.021 101.861 2.568
201612 1.971 101.863 2.504
201703 2.013 102.862 2.533
201706 2.170 103.349 2.717
201709 2.182 104.136 2.712
201712 2.190 104.011 2.725
201803 2.747 105.290 3.377
201806 2.722 106.317 3.313
201809 2.841 106.507 3.452
201812 3.085 105.998 3.767
201903 3.091 107.251 3.730
201906 2.947 108.070 3.529
201909 3.056 108.329 3.651
201912 3.062 108.420 3.655
202003 2.985 108.902 3.547
202006 2.925 108.767 3.480
202009 2.645 109.815 3.117
202012 2.649 109.897 3.120
202103 2.599 111.754 3.010
202106 2.477 114.631 2.797
202109 2.251 115.734 2.517
202112 2.253 117.630 2.479
202203 2.276 121.301 2.428
202206 2.205 125.017 2.283
202209 2.171 125.227 2.244
202212 2.107 125.222 2.178
202303 2.118 127.348 2.152
202306 2.096 128.729 2.107
202309 2.016 129.860 2.009
202312 1.953 129.419 1.953

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


Buildersmart PCL  (BKK:BSM-R) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.10/3.11
=1.00

* 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 Buildersmart PCL was 4.22. The lowest was 0.93. And the median was 1.47.


Be Aware

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


Buildersmart PCL Cyclically Adjusted Book per Share Related Terms

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


Buildersmart PCL (BKK:BSM-R) Business Description

Industry
Traded in Other Exchanges
Address
Rama III Road, 905/7, Rama III Soi 51, Bang Pong Pang, Yan Nawa, Bangkok, THA, 10120
Buildersmart PCL is engaged in the retail sale of construction materials, tools, equipment for construction and interior design, and property development and lease of the Senior Living Project. Its product offering includes flooring solutions, wall systems and ceiling systems. The group has a business presence in Thailand and foreign countries of which a majority of revenue is derived from Thailand. Some of the group's brands are BSM, Armstrong and Rockwool.

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