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Nawarat Patanakarn PCL (BKK:NWR) Cyclically Adjusted Book per Share : ฿1.50 (As of Mar. 2024)


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What is Nawarat Patanakarn 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.

Nawarat Patanakarn PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.614. 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 ฿1.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nawarat Patanakarn PCL's average Cyclically Adjusted Book Growth Rate was -5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Nawarat Patanakarn PCL was 6.50% per year. The lowest was 3.50% per year. And the median was 6.25% per year.

As of today (2024-06-06), Nawarat Patanakarn PCL's current stock price is ฿0.31. Nawarat Patanakarn PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.50. Nawarat Patanakarn PCL's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nawarat Patanakarn PCL was 1.05. The lowest was 0.19. And the median was 0.48.


Nawarat Patanakarn PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nawarat Patanakarn 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.

Nawarat Patanakarn PCL Cyclically Adjusted Book per Share Chart

Nawarat Patanakarn 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 1.29 1.36 1.48 1.56 1.51

Nawarat Patanakarn 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 1.58 1.57 1.55 1.51 1.50

Competitive Comparison of Nawarat Patanakarn PCL's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Nawarat Patanakarn 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.


Nawarat Patanakarn PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nawarat Patanakarn PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nawarat Patanakarn 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, Nawarat Patanakarn 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)
=0.614/131.7762*131.7762
=0.614

Current CPI (Mar. 2024) = 131.7762.

Nawarat Patanakarn PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.564 100.560 2.050
201409 1.509 100.428 1.980
201412 1.484 99.070 1.974
201503 1.496 99.621 1.979
201506 1.501 100.684 1.965
201509 1.479 100.392 1.941
201512 1.409 99.792 1.861
201603 1.416 100.470 1.857
201606 1.421 101.688 1.841
201609 1.419 101.861 1.836
201612 1.431 101.863 1.851
201703 1.426 102.862 1.827
201706 1.432 103.349 1.826
201709 1.403 104.136 1.775
201712 1.345 104.011 1.704
201803 1.361 105.290 1.703
201806 1.358 106.317 1.683
201809 1.481 106.507 1.832
201812 1.507 105.998 1.873
201903 1.497 107.251 1.839
201906 1.391 108.070 1.696
201909 1.375 108.329 1.673
201912 1.259 108.420 1.530
202003 1.252 108.902 1.515
202006 1.268 108.767 1.536
202009 1.269 109.815 1.523
202012 1.159 109.897 1.390
202103 1.180 111.754 1.391
202106 0.943 114.631 1.084
202109 0.918 115.734 1.045
202112 0.903 117.630 1.012
202203 0.879 121.301 0.955
202206 0.907 125.017 0.956
202209 0.918 125.227 0.966
202212 0.948 125.222 0.998
202303 0.876 127.348 0.906
202306 0.782 128.729 0.801
202309 0.629 129.860 0.638
202312 0.629 129.419 0.640
202403 0.614 131.776 0.614

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


Nawarat Patanakarn PCL  (BKK:NWR) 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.

Nawarat Patanakarn PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.31/1.5
=0.21

* 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 Nawarat Patanakarn PCL was 1.05. The lowest was 0.19. And the median was 0.48.


Be Aware

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


Nawarat Patanakarn PCL Cyclically Adjusted Book per Share Related Terms

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


Nawarat Patanakarn PCL (BKK:NWR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bangna-Trad Road Km. 6.5, 2/3, Bangna Towers A, 18th -19th Floor, Moo 14, Bangkaew, Bangplee, Samutprakarn, THA, 10540
Nawarat Patanakarn PCL is engaged in the provision of construction services. The company operates through three business segments which include the Construction contracting business, Real estate development business and Manufacture of concrete product business. Additionally, it undertakes works of construction as the main contractor, a sub-contractor, or through a joint venture business. The construction services include building, industrial, infrastructure, and marine. Its product consists of precast concrete piles, pre-stressed concrete girders, precise segmental tunnel lining, jacking pipes, precise shafts, caissons, and steel fabrication. The company serves various sectors such as government sectors, state enterprises, as well as private sectors.

Nawarat Patanakarn PCL (BKK:NWR) Headlines

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