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Globlex Holding Management PCL (BKK:GBX-F) Cyclically Adjusted Book per Share : ฿1.84 (As of Dec. 2023)


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What is Globlex Holding Management 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.

Globlex Holding Management PCL's adjusted book value per share for the three months ended in Dec. 2023 was ฿1.352. 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 ฿1.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Globlex Holding Management PCL's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Globlex Holding Management PCL was 5.30% per year. The lowest was 1.30% per year. And the median was 4.50% per year.

As of today (2024-05-15), Globlex Holding Management PCL's current stock price is ฿0.88. Globlex Holding Management PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿1.84. Globlex Holding Management PCL's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globlex Holding Management PCL was 1.29. The lowest was 0.27. And the median was 0.52.


Globlex Holding Management PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Globlex Holding Management 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.

Globlex Holding Management PCL Cyclically Adjusted Book per Share Chart

Globlex Holding Management 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 2.31 2.31 0.95 1.55 1.84

Globlex Holding Management 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 1.55 1.51 1.69 1.73 1.84

Competitive Comparison of Globlex Holding Management PCL's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Globlex Holding Management 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.


Globlex Holding Management PCL's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Globlex Holding Management PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Globlex Holding Management 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, Globlex Holding Management 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)
=1.352/129.4194*129.4194
=1.352

Current CPI (Dec. 2023) = 129.4194.

Globlex Holding Management PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.245 99.695 1.616
201406 1.230 100.560 1.583
201409 1.256 100.428 1.619
201412 1.275 99.070 1.666
201503 1.280 99.621 1.663
201506 1.270 100.684 1.632
201509 1.280 100.392 1.650
201512 1.274 99.792 1.652
201603 1.286 100.470 1.657
201606 1.269 101.688 1.615
201609 1.292 101.861 1.642
201612 1.297 101.863 1.648
201703 1.295 102.862 1.629
201706 1.272 103.349 1.593
201709 1.275 104.136 1.585
201712 1.266 104.011 1.575
201803 1.279 105.290 1.572
201806 1.279 106.317 1.557
201809 1.277 106.507 1.552
201812 1.274 105.998 1.556
201903 1.270 107.251 1.533
201906 1.276 108.070 1.528
201909 1.288 108.329 1.539
201912 1.284 108.420 1.533
202003 1.311 108.902 1.558
202006 1.295 108.767 1.541
202009 1.300 109.815 1.532
202012 1.325 109.897 1.560
202103 1.358 111.754 1.573
202106 1.375 114.631 1.552
202109 1.399 115.734 1.564
202112 1.436 117.630 1.580
202203 1.461 121.301 1.559
202206 1.357 125.017 1.405
202209 1.363 125.227 1.409
202212 1.389 125.222 1.436
202303 1.405 127.348 1.428
202306 1.323 128.729 1.330
202309 1.322 129.860 1.318
202312 1.352 129.419 1.352

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


Globlex Holding Management PCL  (BKK:GBX-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.

Globlex Holding Management PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.88/1.84
=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 Globlex Holding Management PCL was 1.29. The lowest was 0.27. And the median was 0.52.


Be Aware

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


Globlex Holding Management PCL Cyclically Adjusted Book per Share Related Terms

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


Globlex Holding Management PCL (BKK:GBX-F) Business Description

Traded in Other Exchanges
Address
Wireless Road, Lumpini, Phatumwan, Number 87/2, 12th Floor, CRC Tower, All Seasons Place, Bangkok, THA, 10330
Globlex Holding Management PCL is a Thailand-based investment holding company. It is principally engaged in securities borrowing and lending. The company operates in three business segments namely Holding business, Securities business, and Other business. The company generates maximum revenue from the Securities business segment. Geographically, the company mainly operates in Thailand.

Globlex Holding Management PCL (BKK:GBX-F) Headlines

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