GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Capital Engineering Network PCL (BKK:CEN) » Definitions » Cyclically Adjusted Book per Share

Capital Engineering Network PCL (BKK:CEN) Cyclically Adjusted Book per Share : ฿3.61 (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Capital Engineering Network 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.

Capital Engineering Network PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.045. 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 ฿3.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Capital Engineering Network PCL's average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.40% 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 Capital Engineering Network PCL was -0.60% per year. The lowest was -1.80% per year. And the median was -1.40% per year.

As of today (2024-05-31), Capital Engineering Network PCL's current stock price is ฿2.08. Capital Engineering Network PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.61. Capital Engineering Network PCL's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Capital Engineering Network PCL was 1.05. The lowest was 0.08. And the median was 0.41.


Capital Engineering Network PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Capital Engineering Network 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.

Capital Engineering Network PCL Cyclically Adjusted Book per Share Chart

Capital Engineering Network 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 3.88 3.68 3.74 3.74 3.61

Capital Engineering Network 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 3.74 3.72 3.68 3.61 3.61

Competitive Comparison of Capital Engineering Network PCL's Cyclically Adjusted Book per Share

For the Steel subindustry, Capital Engineering Network 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.


Capital Engineering Network PCL's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Capital Engineering Network PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Capital Engineering Network 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, Capital Engineering Network 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)
=2.045/131.7762*131.7762
=2.045

Current CPI (Mar. 2024) = 131.7762.

Capital Engineering Network PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.494 100.560 4.579
201409 3.853 100.428 5.056
201412 3.772 99.070 5.017
201503 4.011 99.621 5.306
201506 3.625 100.684 4.744
201509 3.546 100.392 4.655
201512 3.436 99.792 4.537
201603 3.412 100.470 4.475
201606 3.280 101.688 4.251
201609 3.347 101.861 4.330
201612 3.280 101.863 4.243
201703 3.280 102.862 4.202
201706 3.460 103.349 4.412
201709 3.473 104.136 4.395
201712 3.319 104.011 4.205
201803 3.389 105.290 4.242
201806 3.395 106.317 4.208
201809 3.455 106.507 4.275
201812 3.388 105.998 4.212
201903 3.440 107.251 4.227
201906 3.124 108.070 3.809
201909 2.832 108.329 3.445
201912 2.121 108.420 2.578
202003 1.913 108.902 2.315
202006 2.160 108.767 2.617
202009 2.118 109.815 2.542
202012 2.159 109.897 2.589
202103 2.461 111.754 2.902
202106 2.598 114.631 2.987
202109 2.959 115.734 3.369
202112 2.849 117.630 3.192
202203 2.914 121.301 3.166
202206 2.728 125.017 2.875
202209 2.562 125.227 2.696
202212 2.353 125.222 2.476
202303 2.408 127.348 2.492
202306 2.326 128.729 2.381
202309 2.207 129.860 2.240
202312 2.128 129.419 2.167
202403 2.045 131.776 2.045

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


Capital Engineering Network PCL  (BKK:CEN) 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.

Capital Engineering Network PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.08/3.61
=0.58

* 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 Capital Engineering Network PCL was 1.05. The lowest was 0.08. And the median was 0.41.


Be Aware

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


Capital Engineering Network PCL Cyclically Adjusted Book per Share Related Terms

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


Capital Engineering Network PCL (BKK:CEN) Business Description

Traded in Other Exchanges
N/A
Address
Rama 3 Road, 1011, Supalai Grand Tower, 17th Floor, Room No.1703, 1704, Chongnonsi, Yannawa, Bangkok, THA, 10120
Capital Engineering Network PCL is engaged in the production and distribution of the engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are Investing in other companies, Steel wire, Steel structure poles, designing and distributing main structures according to the pattern, Electricity, and thermal energy, distribution of industrial product segment and telecom implementation service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand.