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Country Group Development PCL (BKK:CGD) Cyclically Adjusted Book per Share : ฿0.74 (As of Mar. 2024)


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What is Country Group Development 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.

Country Group Development PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.516. 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 ฿0.74 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Country Group Development PCL was 8.70% per year. The lowest was 7.00% per year. And the median was 7.40% per year.

As of today (2024-06-05), Country Group Development PCL's current stock price is ฿0.33. Country Group Development PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.74. Country Group Development PCL's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Country Group Development PCL was 3.12. The lowest was 0.43. And the median was 1.01.


Country Group Development PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Country Group Development 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.

Country Group Development PCL Cyclically Adjusted Book per Share Chart

Country Group Development 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 0.56 0.59 0.65 0.72 0.73

Country Group Development 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 0.74 0.74 0.74 0.73 0.74

Competitive Comparison of Country Group Development PCL's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Country Group Development 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.


Country Group Development PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Group Development PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Country Group Development 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, Country Group Development 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)
=0.516/131.7762*131.7762
=0.516

Current CPI (Mar. 2024) = 131.7762.

Country Group Development PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.661 100.560 0.866
201409 0.655 100.428 0.859
201412 0.682 99.070 0.907
201503 0.669 99.621 0.885
201506 0.659 100.684 0.863
201509 0.840 100.392 1.103
201512 0.764 99.792 1.009
201603 0.760 100.470 0.997
201606 0.796 101.688 1.032
201609 0.775 101.861 1.003
201612 0.759 101.863 0.982
201703 0.747 102.862 0.957
201706 0.675 103.349 0.861
201709 0.664 104.136 0.840
201712 0.673 104.011 0.853
201803 0.671 105.290 0.840
201806 0.639 106.317 0.792
201809 0.628 106.507 0.777
201812 0.599 105.998 0.745
201903 0.604 107.251 0.742
201906 0.602 108.070 0.734
201909 0.575 108.329 0.699
201912 0.565 108.420 0.687
202003 0.480 108.902 0.581
202006 0.519 108.767 0.629
202009 0.513 109.815 0.616
202012 0.522 109.897 0.626
202103 0.512 111.754 0.604
202106 0.467 114.631 0.537
202109 0.438 115.734 0.499
202112 0.494 117.630 0.553
202203 0.499 121.301 0.542
202206 0.513 125.017 0.541
202209 0.515 125.227 0.542
202212 0.502 125.222 0.528
202303 0.511 127.348 0.529
202306 0.521 128.729 0.533
202309 0.524 129.860 0.532
202312 0.517 129.419 0.526
202403 0.516 131.776 0.516

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


Country Group Development PCL  (BKK:CGD) 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.

Country Group Development PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.33/0.74
=0.45

* 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 Country Group Development PCL was 3.12. The lowest was 0.43. And the median was 1.01.


Be Aware

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


Country Group Development PCL Cyclically Adjusted Book per Share Related Terms

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


Country Group Development PCL (BKK:CGD) Business Description

Traded in Other Exchanges
Address
Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, Pathum Wan, Bangkok, THA, 10330
Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. Its project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.

Country Group Development PCL (BKK:CGD) Headlines

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