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Pre-Built PCL (BKK:PREB) Cyclically Adjusted Book per Share : ฿7.86 (As of Mar. 2024)


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What is Pre-Built 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.

Pre-Built PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿8.308. 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 ฿7.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pre-Built PCL's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 Pre-Built PCL was 13.40% per year. The lowest was 12.00% per year. And the median was 12.80% per year.

As of today (2024-06-10), Pre-Built PCL's current stock price is ฿5.15. Pre-Built PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿7.86. Pre-Built PCL's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pre-Built PCL was 3.15. The lowest was 0.66. And the median was 1.39.


Pre-Built PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pre-Built 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.

Pre-Built PCL Cyclically Adjusted Book per Share Chart

Pre-Built 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 4.82 5.33 6.17 7.02 7.64

Pre-Built 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 7.26 7.42 7.58 7.64 7.86

Competitive Comparison of Pre-Built PCL's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Pre-Built 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.


Pre-Built PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Pre-Built PCL's Cyclically Adjusted PB Ratio falls into.



Pre-Built 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, Pre-Built 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)
=8.308/131.7762*131.7762
=8.308

Current CPI (Mar. 2024) = 131.7762.

Pre-Built PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.661 100.560 4.797
201409 3.927 100.428 5.153
201412 4.182 99.070 5.563
201503 4.395 99.621 5.814
201506 3.963 100.684 5.187
201509 4.187 100.392 5.496
201512 4.564 99.792 6.027
201603 4.787 100.470 6.279
201606 4.950 101.688 6.415
201609 5.653 101.861 7.313
201612 6.609 101.863 8.550
201703 7.295 102.862 9.346
201706 7.295 103.349 9.302
201709 6.580 104.136 8.327
201712 6.888 104.011 8.727
201803 7.355 105.290 9.205
201806 6.893 106.317 8.544
201809 7.165 106.507 8.865
201812 7.333 105.998 9.116
201903 7.607 107.251 9.347
201906 6.979 108.070 8.510
201909 7.166 108.329 8.717
201912 7.143 108.420 8.682
202003 6.693 108.902 8.099
202006 6.800 108.767 8.238
202009 6.915 109.815 8.298
202012 7.098 109.897 8.511
202103 7.285 111.754 8.590
202106 7.084 114.631 8.144
202109 6.698 115.734 7.626
202112 7.481 117.630 8.381
202203 7.675 121.301 8.338
202206 7.677 125.017 8.092
202209 8.049 125.227 8.470
202212 8.161 125.222 8.588
202303 8.345 127.348 8.635
202306 7.999 128.729 8.188
202309 8.202 129.860 8.323
202312 8.210 129.419 8.360
202403 8.308 131.776 8.308

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


Pre-Built PCL  (BKK:PREB) 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.

Pre-Built PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.15/7.86
=0.66

* 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 Pre-Built PCL was 3.15. The lowest was 0.66. And the median was 1.39.


Be Aware

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


Pre-Built PCL Cyclically Adjusted Book per Share Related Terms

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


Pre-Built PCL (BKK:PREB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bond Street Road, 503,1st Floor, Bangpood, Pak-kret, Nonthaburi, THA, 11120
Pre-Built PCL is a Thailand based company, that engages in construction and civil engineering work. The company, through its subsidiaries, manufactures and sells pre-cast floor products; develops and sells real estate properties; and manages condominiums. Its construction operations include housing projects, commercial buildings, office buildings, shopping centers, hospitals, schools, and power plants. Its projects include the Click Condo, Dalvey Thonglor, Bang Yai Plaza and depots for Bangkok's sky train system.

Pre-Built PCL (BKK:PREB) Headlines

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