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Ratch Group PCL (BKK:RATCH-F) Cyclically Adjusted Book per Share : ฿62.58 (As of Mar. 2024)


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What is Ratch Group 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.

Ratch Group PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿48.020. 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 ฿62.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ratch Group PCL's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Ratch Group PCL was 6.40% per year. The lowest was 3.20% per year. And the median was 5.25% per year.

As of today (2024-06-10), Ratch Group PCL's current stock price is ฿35.50. Ratch Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿62.58. Ratch Group PCL's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ratch Group PCL was 1.88. The lowest was 0.57. And the median was 1.18.


Ratch Group PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ratch Group 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.

Ratch Group PCL Cyclically Adjusted Book per Share Chart

Ratch Group 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 42.63 56.56 43.81 46.18 54.26

Ratch Group 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 50.82 51.31 54.56 54.26 62.58

Competitive Comparison of Ratch Group PCL's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Ratch Group 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.


Ratch Group PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ratch Group 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, Ratch Group 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)
=48.02/131.7762*131.7762
=48.020

Current CPI (Mar. 2024) = 131.7762.

Ratch Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 39.570 100.560 51.854
201409 39.192 100.428 51.426
201412 38.833 99.070 51.653
201503 39.210 99.621 51.866
201506 39.043 100.684 51.100
201509 37.804 100.392 49.622
201512 38.455 99.792 50.780
201603 39.507 100.470 51.817
201606 38.907 101.688 50.419
201609 38.296 101.861 49.543
201612 37.562 101.863 48.593
201703 40.556 102.862 51.956
201706 40.451 103.349 51.577
201709 40.326 104.136 51.030
201712 38.132 104.011 48.311
201803 40.153 105.290 50.254
201806 38.493 106.317 47.711
201809 38.192 106.507 47.253
201812 38.293 105.998 47.606
201903 38.758 107.251 47.621
201906 38.082 108.070 46.436
201909 37.425 108.329 45.525
201912 37.959 108.420 46.136
202003 37.699 108.902 45.618
202006 37.767 108.767 45.756
202009 38.323 109.815 45.987
202012 38.667 109.897 46.365
202103 41.505 111.754 48.941
202106 42.240 114.631 48.558
202109 43.503 115.734 49.533
202112 44.938 117.630 50.342
202203 46.845 121.301 50.890
202206 46.949 125.017 49.487
202209 49.155 125.227 51.726
202212 45.071 125.222 47.430
202303 44.632 127.348 46.184
202306 46.468 128.729 47.568
202309 47.867 129.860 48.574
202312 45.056 129.419 45.876
202403 48.020 131.776 48.020

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


Ratch Group PCL  (BKK:RATCH-F) 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.

Ratch Group PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.50/62.58
=0.57

* 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 Ratch Group PCL was 1.88. The lowest was 0.57. And the median was 1.18.


Be Aware

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


Ratch Group PCL Cyclically Adjusted Book per Share Related Terms

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


Ratch Group PCL (BKK:RATCH-F) Business Description

Industry
Traded in Other Exchanges
Address
72 Ngamwongwan Road, Mueang Nonthaburi District, Bang Khen Subdistrict, Nonthaburi, THA, 11000
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments Domestic Electricity Generating, Renewable Energy, International Power Projects, and Related Business & Infrastructure. The majority of revenue is from the domestic Electricity Generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.

Ratch Group PCL (BKK:RATCH-F) Headlines

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