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K.C. Metalsheet PCL (BKK:KCM) Cyclically Adjusted Book per Share : ฿0.79 (As of Mar. 2024)


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What is K.C. Metalsheet 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.

K.C. Metalsheet PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.624. 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 ฿0.79 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), K.C. Metalsheet PCL's current stock price is ฿0.32. K.C. Metalsheet PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.79. K.C. Metalsheet PCL's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of K.C. Metalsheet PCL was 0.59. The lowest was 0.40. And the median was 0.49.


K.C. Metalsheet PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for K.C. Metalsheet 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.

K.C. Metalsheet PCL Cyclically Adjusted Book per Share Chart

K.C. Metalsheet 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 - - - - 0.78

K.C. Metalsheet 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 - - 0.78 0.78 0.79

Competitive Comparison of K.C. Metalsheet PCL's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, K.C. Metalsheet 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.


K.C. Metalsheet PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, K.C. Metalsheet PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where K.C. Metalsheet PCL's Cyclically Adjusted PB Ratio falls into.



K.C. Metalsheet 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, K.C. Metalsheet 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)
=0.624/131.7762*131.7762
=0.624

Current CPI (Mar. 2024) = 131.7762.

K.C. Metalsheet PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.656 99.070 0.873
201503 0.652 99.621 0.862
201506 0.634 100.684 0.830
201509 0.629 100.392 0.826
201512 0.656 99.792 0.866
201603 0.675 100.470 0.885
201606 0.677 101.688 0.877
201609 0.672 101.861 0.869
201612 0.665 101.863 0.860
201703 0.672 102.862 0.861
201706 0.667 103.349 0.850
201709 0.666 104.136 0.843
201712 0.665 104.011 0.843
201803 0.676 105.290 0.846
201806 0.680 106.317 0.843
201809 0.676 106.507 0.836
201812 0.680 105.998 0.845
201903 0.686 107.251 0.843
201906 0.683 108.070 0.833
201909 0.671 108.329 0.816
201912 0.660 108.420 0.802
202003 0.677 108.902 0.819
202006 0.677 108.767 0.820
202009 0.675 109.815 0.810
202012 0.666 109.897 0.799
202103 0.665 111.754 0.784
202106 0.665 114.631 0.764
202109 0.662 115.734 0.754
202112 0.653 117.630 0.732
202203 0.655 121.301 0.712
202206 0.656 125.017 0.691
202209 0.653 125.227 0.687
202212 0.633 125.222 0.666
202303 0.636 127.348 0.658
202306 0.640 128.729 0.655
202309 0.636 129.860 0.645
202312 0.630 129.419 0.641
202403 0.624 131.776 0.624

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


K.C. Metalsheet PCL  (BKK:KCM) 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.

K.C. Metalsheet PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.32/0.79
=0.41

* 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 11 years, the highest Cyclically Adjusted PB Ratio of K.C. Metalsheet PCL was 0.59. The lowest was 0.40. And the median was 0.49.


Be Aware

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


K.C. Metalsheet PCL Cyclically Adjusted Book per Share Related Terms

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


K.C. Metalsheet PCL (BKK:KCM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
567 Moo 2, Liang Mueang Road, Tambol Phra Lap, Amphur Muang Khon Kaen, Khon Kaen, THA, 40000
K.C. Metalsheet PCL is engaged in the manufacturing and distribution of metal sheet products. It primarily manufactures and distributes metal sheet products for roofing and various kinds of metal sheets. The business segments of the group are Sales segment which relates to manufacturing and distribution of metal sheets; Contract work segment which includes sales of manufactured goods under the contract with the customers; Services income segment which consists roof installation services with metal sheets and other steel goods; Rental income segment which provides property rental service. The company operates in Thailand and generates a majority of its revenue from the Sales segment.

K.C. Metalsheet PCL (BKK:KCM) Headlines

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