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Ichitan Group PCL (BKK:ICHI-F) Cyclically Adjusted Book per Share : ฿4.19 (As of Mar. 2024)


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What is Ichitan Group 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.

Ichitan Group PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿4.776. 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 ฿4.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ichitan Group PCL's average Cyclically Adjusted Book Growth Rate was 7.00% 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.

As of today (2024-05-27), Ichitan Group PCL's current stock price is ฿12.50. Ichitan Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿4.19. Ichitan Group PCL's Cyclically Adjusted PB Ratio of today is 2.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ichitan Group PCL was 3.41. The lowest was 1.44. And the median was 2.64.


Ichitan Group PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ichitan Group 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.

Ichitan Group PCL Cyclically Adjusted Book per Share Chart

Ichitan Group 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 - - - 5.73 4.35

Ichitan Group 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 4.94 4.88 4.03 4.35 4.19

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

For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.


Ichitan Group PCL's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ichitan Group 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, Ichitan Group 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)
=4.776/131.7762*131.7762
=4.776

Current CPI (Mar. 2024) = 131.7762.

Ichitan Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.917 100.560 6.443
201409 4.622 100.428 6.065
201412 4.765 99.070 6.338
201503 5.009 99.621 6.626
201506 4.760 100.684 6.230
201509 4.598 100.392 6.035
201512 4.640 99.792 6.127
201603 4.833 100.470 6.339
201606 4.693 101.688 6.082
201609 4.462 101.861 5.772
201612 4.424 101.863 5.723
201703 4.471 102.862 5.728
201706 4.541 103.349 5.790
201709 4.588 104.136 5.806
201712 4.659 104.011 5.903
201803 4.667 105.290 5.841
201806 4.495 106.317 5.571
201809 4.510 106.507 5.580
201812 4.527 105.998 5.628
201903 4.612 107.251 5.667
201906 4.665 108.070 5.688
201909 4.720 108.329 5.742
201912 4.785 108.420 5.816
202003 4.901 108.902 5.930
202006 4.672 108.767 5.660
202009 4.765 109.815 5.718
202012 4.830 109.897 5.792
202103 4.925 111.754 5.807
202106 4.554 114.631 5.235
202109 4.662 115.734 5.308
202112 4.762 117.630 5.335
202203 4.835 121.301 5.253
202206 4.455 125.017 4.696
202209 4.608 125.227 4.849
202212 4.746 125.222 4.994
202303 4.921 127.348 5.092
202306 4.524 128.729 4.631
202309 4.775 129.860 4.845
202312 4.493 129.419 4.575
202403 4.776 131.776 4.776

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


Ichitan Group PCL  (BKK:ICHI-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.50/4.19
=2.98

* 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 Ichitan Group PCL was 3.41. The lowest was 1.44. And the median was 2.64.


Be Aware

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


Ichitan Group PCL Cyclically Adjusted Book per Share Related Terms

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


Ichitan Group PCL (BKK:ICHI-F) Business Description

Traded in Other Exchanges
Address
Soi Sukhumvit 40, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. Some of its brands include Ichitan, Yen Yen, and others. It also has the rights to Bireley's fruit beverage brand in several Asian and North American countries. The group operates in a single line of business, namely the Beverage business. Ichitan derives most of its revenue from Thailand.

Ichitan Group PCL (BKK:ICHI-F) Headlines

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