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Proud Real Estate PCL (BKK:PROUD) Cyclically Adjusted Book per Share : ฿1.20 (As of Dec. 2023)


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What is Proud Real Estate 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.

Proud Real Estate PCL's adjusted book value per share for the three months ended in Dec. 2023 was ฿1.549. 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 ฿1.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Proud Real Estate PCL's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Proud Real Estate PCL was 5.30% per year. The lowest was -0.30% per year. And the median was 4.70% per year.

As of today (2024-05-17), Proud Real Estate PCL's current stock price is ฿1.82. Proud Real Estate PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿1.20. Proud Real Estate PCL's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Proud Real Estate PCL was 2.14. The lowest was 0.77. And the median was 1.35.


Proud Real Estate PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Proud Real Estate 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.

Proud Real Estate PCL Cyclically Adjusted Book per Share Chart

Proud Real Estate 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 1.01 1.05 1.14 1.18 1.20

Proud Real Estate PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.18 1.19 1.20 1.21 1.20

Competitive Comparison of Proud Real Estate PCL's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Proud Real Estate 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.


Proud Real Estate PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Proud Real Estate PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Proud Real Estate PCL's Cyclically Adjusted PB Ratio falls into.



Proud Real Estate 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, Proud Real Estate PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.549/129.4194*129.4194
=1.549

Current CPI (Dec. 2023) = 129.4194.

Proud Real Estate PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.136 99.695 1.475
201406 1.088 100.560 1.400
201409 0.989 100.428 1.275
201412 0.924 99.070 1.207
201503 0.830 99.621 1.078
201506 0.721 100.684 0.927
201509 0.820 100.392 1.057
201512 0.952 99.792 1.235
201603 1.020 100.470 1.314
201606 0.991 101.688 1.261
201609 0.968 101.861 1.230
201612 0.954 101.863 1.212
201703 0.945 102.862 1.189
201706 1.049 103.349 1.314
201709 0.972 104.136 1.208
201712 0.876 104.011 1.090
201803 0.803 105.290 0.987
201806 0.767 106.317 0.934
201809 0.696 106.507 0.846
201812 0.657 105.998 0.802
201903 0.657 107.251 0.793
201906 1.150 108.070 1.377
201909 1.171 108.329 1.399
201912 1.150 108.420 1.373
202003 1.123 108.902 1.335
202006 1.088 108.767 1.295
202009 1.101 109.815 1.298
202012 1.081 109.897 1.273
202103 1.057 111.754 1.224
202106 1.027 114.631 1.159
202109 0.992 115.734 1.109
202112 0.929 117.630 1.022
202203 0.869 121.301 0.927
202206 0.838 125.017 0.868
202209 1.024 125.227 1.058
202212 1.285 125.222 1.328
202303 1.500 127.348 1.524
202306 1.514 128.729 1.522
202309 1.597 129.860 1.592
202312 1.549 129.419 1.549

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


Proud Real Estate PCL  (BKK:PROUD) 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.

Proud Real Estate PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.82/1.2
=1.52

* 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 Proud Real Estate PCL was 2.14. The lowest was 0.77. And the median was 1.35.


Be Aware

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


Proud Real Estate PCL Cyclically Adjusted Book per Share Related Terms

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


Proud Real Estate PCL (BKK:PROUD) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ploenchit Road, 900, Tonson Tower Building, 6th Floor, Lumpini, Patumwan, Bangkok, THA, 10330
Proud Real Estate PCL is principally engaged in real estate development. Its projects include Convent Beta Co, Intercontinental Hotel Group, Hua Hin and Proud Horseshoe Co., Ltd . Geographically, it operates only in Thailand.

Proud Real Estate PCL (BKK:PROUD) Headlines

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