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Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Cyclically Adjusted Book per Share : ฿2.67 (As of Dec. 2023)


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What is Christiani & Nielsen (Thai) 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.

Christiani & Nielsen (Thai) PCL's adjusted book value per share for the three months ended in Dec. 2023 was ฿1.621. 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 ฿2.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Christiani & Nielsen (Thai) PCL's average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Christiani & Nielsen (Thai) PCL was 4.00% per year. The lowest was 2.80% per year. And the median was 2.90% per year.

As of today (2024-05-17), Christiani & Nielsen (Thai) PCL's current stock price is ฿1.28. Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿2.67. Christiani & Nielsen (Thai) PCL's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Christiani & Nielsen (Thai) PCL was 1.53. The lowest was 0.41. And the median was 0.77.


Christiani & Nielsen (Thai) PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Christiani & Nielsen (Thai) 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.

Christiani & Nielsen (Thai) PCL Cyclically Adjusted Book per Share Chart

Christiani & Nielsen (Thai) 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 - - - 2.22 2.67

Christiani & Nielsen (Thai) 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 2.22 1.99 2.44 2.21 2.67

Competitive Comparison of Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Christiani & Nielsen (Thai) 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.


Christiani & Nielsen (Thai) PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Christiani & Nielsen (Thai) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Christiani & Nielsen (Thai) PCL's Cyclically Adjusted PB Ratio falls into.



Christiani & Nielsen (Thai) 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, Christiani & Nielsen (Thai) 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)
=1.621/129.4194*129.4194
=1.621

Current CPI (Dec. 2023) = 129.4194.

Christiani & Nielsen (Thai) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.196 99.695 2.851
201406 2.158 100.560 2.777
201409 1.954 100.428 2.518
201412 1.690 99.070 2.208
201503 1.691 99.621 2.197
201506 1.698 100.684 2.183
201509 1.717 100.392 2.213
201512 1.711 99.792 2.219
201603 1.704 100.470 2.195
201606 1.748 101.688 2.225
201609 1.783 101.861 2.265
201612 1.801 101.863 2.288
201703 1.805 102.862 2.271
201706 1.797 103.349 2.250
201709 1.778 104.136 2.210
201712 1.907 104.011 2.373
201803 1.800 105.290 2.213
201806 1.704 106.317 2.074
201809 1.648 106.507 2.003
201812 1.500 105.998 1.831
201903 1.405 107.251 1.695
201906 1.415 108.070 1.695
201909 1.502 108.329 1.794
201912 2.010 108.420 2.399
202003 2.032 108.902 2.415
202006 2.020 108.767 2.404
202009 2.034 109.815 2.397
202012 2.025 109.897 2.385
202103 2.032 111.754 2.353
202106 1.995 114.631 2.252
202109 1.943 115.734 2.173
202112 1.854 117.630 2.040
202203 1.842 121.301 1.965
202206 1.805 125.017 1.869
202209 1.811 125.227 1.872
202212 1.590 125.222 1.643
202303 1.589 127.348 1.615
202306 1.589 128.729 1.598
202309 1.561 129.860 1.556
202312 1.621 129.419 1.621

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


Christiani & Nielsen (Thai) PCL  (BKK:CNT-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.

Christiani & Nielsen (Thai) PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.28/2.67
=0.48

* 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 Christiani & Nielsen (Thai) PCL was 1.53. The lowest was 0.41. And the median was 0.77.


Be Aware

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


Christiani & Nielsen (Thai) PCL Cyclically Adjusted Book per Share Related Terms

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


Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Business Description

Traded in Other Exchanges
Address
727 La Salle Road, Kwaeng Bangna Tai, Khet Bangna, Bangkok, THA, 10260
Christiani & Nielsen (Thai) PCL is a Thailand-based company that engages in the provision of construction services. The group is organized into two reportable segments: a Main operating segment in the construction services, with operations, carried out in Thailand, Myanmar, and Cambodia. Sales and service segment that provide energy solutions in solar, wind, and other renewable energy sectors, with the operation, carried in Thailand.

Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Headlines

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