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Nam Seng Insurance PCL (BKK:NSI) Cyclically Adjusted Book per Share : ฿108.12 (As of Dec. 2022)


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What is Nam Seng Insurance 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.

Nam Seng Insurance PCL's adjusted book value per share for the three months ended in Dec. 2022 was ฿90.958. 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 ฿108.12 for the trailing ten years ended in Dec. 2022.

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 (2024-06-17), Nam Seng Insurance PCL's current stock price is ฿209.00. Nam Seng Insurance PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was ฿108.12. Nam Seng Insurance PCL's Cyclically Adjusted PB Ratio of today is 1.93.


Nam Seng Insurance PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nam Seng Insurance 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.

Nam Seng Insurance PCL Cyclically Adjusted Book per Share Chart

Nam Seng Insurance PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.96 87.65 92.30 101.11 108.12

Nam Seng Insurance PCL Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 101.11 104.61 108.01 108.27 108.12

Competitive Comparison of Nam Seng Insurance PCL's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Nam Seng Insurance 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.


Nam Seng Insurance PCL's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Nam Seng Insurance PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nam Seng Insurance PCL's Cyclically Adjusted PB Ratio falls into.



Nam Seng Insurance 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, Nam Seng Insurance PCL's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book= Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=90.958/125.2218*125.2218
=90.958

Current CPI (Dec. 2022) = 125.2218.

Nam Seng Insurance PCL Quarterly Data

Book Value per Share CPI Adj_Book
201303 78.744 98.209 100.402
201306 76.600 98.518 97.363
201309 77.870 98.790 98.705
201312 84.378 98.326 107.459
201403 78.891 99.695 99.091
201406 84.473 100.560 105.190
201409 87.859 100.428 109.550
201412 89.802 99.070 113.508
201503 94.203 99.621 118.411
201506 90.021 100.684 111.960
201509 91.894 100.392 114.623
201512 93.114 99.792 116.842
201603 85.795 100.470 106.931
201606 87.651 101.688 107.936
201609 88.041 101.861 108.232
201612 89.565 101.863 110.104
201703 89.272 102.862 108.677
201706 93.627 103.349 113.442
201709 93.567 104.136 112.513
201712 95.109 104.011 114.504
201803 95.156 105.290 113.170
201806 94.675 106.317 111.510
201809 95.640 106.507 112.446
201812 94.976 105.998 112.201
201903 95.168 107.251 111.115
201906 96.627 108.070 111.963
201909 97.171 108.329 112.323
201912 97.503 108.420 112.613
202003 93.274 108.902 107.252
202006 102.152 108.767 117.606
202009 99.336 109.815 113.273
202012 100.513 109.897 114.529
202103 96.058 111.754 107.634
202106 101.075 114.631 110.413
202109 97.926 115.734 105.954
202112 102.693 117.630 109.321
202203 92.929 121.301 95.933
202206 90.990 125.017 91.139
202209 87.900 125.227 87.897
202212 90.958 125.222 90.958

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


Nam Seng Insurance PCL  (BKK:NSI) 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.

Nam Seng Insurance PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=209.00/108.12
=1.93

* 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.


Be Aware

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


Nam Seng Insurance PCL Cyclically Adjusted Book per Share Related Terms

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


Nam Seng Insurance PCL (BKK:NSI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 767 Krungthep-Nonthaburi Road, Bangsue Sub-district, Bangsue District, Bangkok, THA, 10800
Nam Seng Insurance PCL is principally engaged in the provision of non-life insurance. The company provides fire insurance, Motor insurance, Marine and transportation insurance, Miscellaneous Insurance, and Personal accident insurance. The business company operates in two segments that include the Motor Insurance segment; and Other Insurance segment. It derives a majority of its revenue from the Motor Insurance segment.

Nam Seng Insurance PCL (BKK:NSI) Headlines

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