GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Srisawad Corp PCL (BKK:SAWAD) » Definitions » Cyclically Adjusted Book per Share

Srisawad PCL (BKK:SAWAD) Cyclically Adjusted Book per Share : ฿11.82 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Srisawad 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.

Srisawad PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿19.509. 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 ฿11.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Srisawad PCL's average Cyclically Adjusted Book Growth Rate was 15.70% 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.

As of today (2024-05-27), Srisawad PCL's current stock price is ฿41.00. Srisawad PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿11.82. Srisawad PCL's Cyclically Adjusted PB Ratio of today is 3.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Srisawad PCL was 5.38. The lowest was 3.05. And the median was 4.03.


Srisawad PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Srisawad 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.

Srisawad PCL Cyclically Adjusted Book per Share Chart

Srisawad 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 - - - 9.85 11.16

Srisawad 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 10.22 10.50 10.77 11.16 11.82

Competitive Comparison of Srisawad PCL's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Srisawad 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.


Srisawad PCL's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Srisawad PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Srisawad 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, Srisawad 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)
=19.509/131.7762*131.7762
=19.509

Current CPI (Mar. 2024) = 131.7762.

Srisawad PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.118 100.560 2.775
201409 2.279 100.428 2.990
201412 2.471 99.070 3.287
201503 2.672 99.621 3.534
201506 2.879 100.684 3.768
201509 3.145 100.392 4.128
201512 3.432 99.792 4.532
201603 3.734 100.470 4.897
201606 4.054 101.688 5.254
201609 4.460 101.861 5.770
201612 4.927 101.863 6.374
201703 5.367 102.862 6.876
201706 5.793 103.349 7.386
201709 6.223 104.136 7.875
201712 6.788 104.011 8.600
201803 7.193 105.290 9.002
201806 7.638 106.317 9.467
201809 7.945 106.507 9.830
201812 8.542 105.998 10.619
201903 10.479 107.251 12.875
201906 10.880 108.070 13.267
201909 11.492 108.329 13.979
201912 12.510 108.420 15.205
202003 12.481 108.902 15.103
202006 14.251 108.767 17.266
202009 13.777 109.815 16.532
202012 14.621 109.897 17.532
202103 15.633 111.754 18.434
202106 14.856 114.631 17.078
202109 15.593 115.734 17.754
202112 16.351 117.630 18.317
202203 16.950 121.301 18.414
202206 16.005 125.017 16.870
202209 16.202 125.227 17.049
202212 16.990 125.222 17.879
202303 17.788 127.348 18.407
202306 16.918 128.729 17.319
202309 17.840 129.860 18.103
202312 18.654 129.419 18.994
202403 19.509 131.776 19.509

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


Srisawad PCL  (BKK:SAWAD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.00/11.82
=3.47

* 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 Srisawad PCL was 5.38. The lowest was 3.05. And the median was 4.03.


Be Aware

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


Srisawad PCL Cyclically Adjusted Book per Share Related Terms

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


Srisawad PCL (BKK:SAWAD) Business Description

Traded in Other Exchanges
N/A
Address
Chaeng Watthana Road, Chaeng Watthana 10 Alley, 99/392 Srisawad Building, 4,6 floor, 3 Sub Alley, Thungsonghong, Laksi, Bangkok, THA, 10210
Srisawad Corp PCL provides credit services and personal loans. The company provides financial services specifically hire-purchase, loan, non-performing assets management, investments in other companies, management, and consulting services for retail credit systems in the region, both the Bangkok metropolitan area and provinces around the country.

Srisawad PCL (BKK:SAWAD) Headlines

No Headlines