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Pranda Jewelry PCL (BKK:PDJ) Cyclically Adjusted Book per Share : ฿5.80 (As of Mar. 2024)


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What is Pranda Jewelry 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.

Pranda Jewelry PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿3.931. 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 ฿5.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pranda Jewelry PCL's average Cyclically Adjusted Book Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.20% 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 Pranda Jewelry PCL was -0.60% per year. The lowest was -2.70% per year. And the median was -1.00% per year.

As of today (2024-06-09), Pranda Jewelry PCL's current stock price is ฿2.12. Pranda Jewelry PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿5.80. Pranda Jewelry PCL's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pranda Jewelry PCL was 0.63. The lowest was 0.14. And the median was 0.37.


Pranda Jewelry PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pranda Jewelry 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.

Pranda Jewelry PCL Cyclically Adjusted Book per Share Chart

Pranda Jewelry 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 6.15 5.90 6.00 5.99 5.79

Pranda Jewelry 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 5.99 5.95 5.91 5.79 5.80

Competitive Comparison of Pranda Jewelry PCL's Cyclically Adjusted Book per Share

For the Luxury Goods subindustry, Pranda Jewelry 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.


Pranda Jewelry PCL's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pranda Jewelry PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pranda Jewelry 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, Pranda Jewelry 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)
=3.931/131.7762*131.7762
=3.931

Current CPI (Mar. 2024) = 131.7762.

Pranda Jewelry PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.938 100.560 7.781
201409 5.839 100.428 7.662
201412 6.334 99.070 8.425
201503 6.165 99.621 8.155
201506 6.032 100.684 7.895
201509 6.078 100.392 7.978
201512 5.996 99.792 7.918
201603 5.688 100.470 7.460
201606 5.494 101.688 7.120
201609 5.372 101.861 6.950
201612 5.401 101.863 6.987
201703 5.225 102.862 6.694
201706 5.167 103.349 6.588
201709 5.087 104.136 6.437
201712 5.025 104.011 6.366
201803 4.910 105.290 6.145
201806 5.317 106.317 6.590
201809 5.244 106.507 6.488
201812 5.294 105.998 6.581
201903 4.906 107.251 6.028
201906 4.584 108.070 5.590
201909 4.612 108.329 5.610
201912 4.581 108.420 5.568
202003 4.222 108.902 5.109
202006 4.074 108.767 4.936
202009 4.037 109.815 4.844
202012 4.034 109.897 4.837
202103 3.803 111.754 4.484
202106 3.578 114.631 4.113
202109 3.572 115.734 4.067
202112 3.687 117.630 4.130
202203 3.718 121.301 4.039
202206 3.721 125.017 3.922
202209 3.901 125.227 4.105
202212 4.026 125.222 4.237
202303 3.971 127.348 4.109
202306 3.849 128.729 3.940
202309 3.863 129.860 3.920
202312 4.016 129.419 4.089
202403 3.931 131.776 3.931

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


Pranda Jewelry PCL  (BKK:PDJ) 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.

Pranda Jewelry PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.12/5.8
=0.37

* 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 Pranda Jewelry PCL was 0.63. The lowest was 0.14. And the median was 0.37.


Be Aware

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


Pranda Jewelry PCL Cyclically Adjusted Book per Share Related Terms

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


Pranda Jewelry PCL (BKK:PDJ) Business Description

Traded in Other Exchanges
N/A
Address
28 Soi Bangna-Trad 28, Bangna Tai Subdistrict, Bangna District, Bangkok, THA, 10260
Pranda Jewelry PCL is principally engaged in the manufacturing and distribution of jewelry. The company operates in various business segments that include Production of jewelry, Distribution of Jewelry, and Retail Jewelry. The Production of jewelry segment generates maximum revenue for the company. The company exports its products to USA, Germany, and Others. The company's products consist of gold jewelry, silver jewelry, and costume jewelry products distributed under the brand names of Prima Gold, Prima Diamond, Prima Art, Gringoire, Gemondo, Merii, Ariva, and Esse.