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Thonburi Medical Center PCL (BKK:KDH) Cyclically Adjusted Book per Share : ฿31.21 (As of Mar. 2024)


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What is Thonburi Medical Center 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.

Thonburi Medical Center PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿38.289. 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 ฿31.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thonburi Medical Center PCL's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Thonburi Medical Center PCL was 8.70% per year. The lowest was 2.70% per year. And the median was 6.50% per year.

As of today (2024-06-09), Thonburi Medical Center PCL's current stock price is ฿91.00. Thonburi Medical Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿31.21. Thonburi Medical Center PCL's Cyclically Adjusted PB Ratio of today is 2.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thonburi Medical Center PCL was 4.79. The lowest was 2.59. And the median was 3.53.


Thonburi Medical Center PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thonburi Medical Center 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.

Thonburi Medical Center PCL Cyclically Adjusted Book per Share Chart

Thonburi Medical Center 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 22.98 23.82 26.07 28.65 30.63

Thonburi Medical Center 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 29.45 30.09 30.75 30.63 31.21

Competitive Comparison of Thonburi Medical Center PCL's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Thonburi Medical Center 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.


Thonburi Medical Center PCL's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Thonburi Medical Center PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thonburi Medical Center PCL's Cyclically Adjusted PB Ratio falls into.



Thonburi Medical Center 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, Thonburi Medical Center 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)
=38.289/131.7762*131.7762
=38.289

Current CPI (Mar. 2024) = 131.7762.

Thonburi Medical Center PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.365 100.560 35.860
201409 26.760 100.428 35.113
201412 26.599 99.070 35.380
201503 26.213 99.621 34.674
201506 25.954 100.684 33.969
201509 25.404 100.392 33.346
201512 24.508 99.792 32.363
201603 24.143 100.470 31.666
201606 23.713 101.688 30.729
201609 23.434 101.861 30.316
201612 23.244 101.863 30.070
201703 22.763 102.862 29.162
201706 21.806 103.349 27.804
201709 22.111 104.136 27.980
201712 22.098 104.011 27.997
201803 22.193 105.290 27.776
201806 22.281 106.317 27.617
201809 22.916 106.507 28.353
201812 23.512 105.998 29.230
201903 23.753 107.251 29.185
201906 24.025 108.070 29.295
201909 24.729 108.329 30.081
201912 24.655 108.420 29.966
202003 24.851 108.902 30.071
202006 24.763 108.767 30.001
202009 23.878 109.815 28.653
202012 24.114 109.897 28.915
202103 24.269 111.754 28.617
202106 24.701 114.631 28.395
202109 25.491 115.734 29.024
202112 26.180 117.630 29.329
202203 28.788 121.301 31.274
202206 29.806 125.017 31.418
202209 31.481 125.227 33.128
202212 31.659 125.222 33.316
202303 31.960 127.348 33.071
202306 33.355 128.729 34.145
202309 35.258 129.860 35.778
202312 36.356 129.419 37.018
202403 38.289 131.776 38.289

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


Thonburi Medical Center PCL  (BKK:KDH) 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.

Thonburi Medical Center PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=91.00/31.21
=2.92

* 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 Thonburi Medical Center PCL was 4.79. The lowest was 2.59. And the median was 3.53.


Be Aware

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


Thonburi Medical Center PCL Cyclically Adjusted Book per Share Related Terms

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


Thonburi Medical Center PCL (BKK:KDH) Business Description

Traded in Other Exchanges
N/A
Address
337, Somdet Prachao Taksin Road, Samrae Sub-district, Thonburi District, Bangkok, THA, 10600
Thonburi Medical Center PCL is a Thailand based company. It is engaged in the operation of the hospital business. The company provides medicines and medical supplies, medical services, and patient rooms. The company receives maximum revenue from hospital operations and provides service to the Thailand region.

Thonburi Medical Center PCL (BKK:KDH) Headlines

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