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Siam Steel Service Center PCL (BKK:SSSC) Cyclically Adjusted Book per Share : ฿5.28 (As of Mar. 2024)


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What is Siam Steel Service Center 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.

Siam Steel Service Center PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿5.086. 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 ฿5.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Siam Steel Service Center PCL's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Siam Steel Service Center PCL was 7.10% per year. The lowest was 5.80% per year. And the median was 7.10% per year.

As of today (2024-06-05), Siam Steel Service Center PCL's current stock price is ฿2.78. Siam Steel Service Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿5.28. Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Siam Steel Service Center PCL was 0.96. The lowest was 0.44. And the median was 0.59.


Siam Steel Service Center PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Siam Steel Service Center 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.

Siam Steel Service Center PCL Cyclically Adjusted Book per Share Chart

Siam Steel Service Center 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 4.08 4.23 4.64 5.01 5.19

Siam Steel Service Center 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 5.10 5.16 5.21 5.19 5.28

Competitive Comparison of Siam Steel Service Center PCL's Cyclically Adjusted Book per Share

For the Steel subindustry, Siam Steel Service Center 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.


Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio falls into.



Siam Steel Service Center 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, Siam Steel Service Center 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)
=5.086/131.7762*131.7762
=5.086

Current CPI (Mar. 2024) = 131.7762.

Siam Steel Service Center PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.719 100.560 4.873
201409 3.855 100.428 5.058
201412 3.944 99.070 5.246
201503 4.032 99.621 5.333
201506 3.808 100.684 4.984
201509 3.927 100.392 5.155
201512 3.996 99.792 5.277
201603 4.130 100.470 5.417
201606 4.088 101.688 5.298
201609 4.200 101.861 5.433
201612 4.276 101.863 5.532
201703 4.403 102.862 5.641
201706 4.236 103.349 5.401
201709 4.310 104.136 5.454
201712 4.368 104.011 5.534
201803 4.456 105.290 5.577
201806 4.374 106.317 5.421
201809 4.437 106.507 5.490
201812 4.466 105.998 5.552
201903 4.518 107.251 5.551
201906 4.369 108.070 5.327
201909 4.431 108.329 5.390
201912 4.486 108.420 5.452
202003 4.545 108.902 5.500
202006 4.354 108.767 5.275
202009 4.386 109.815 5.263
202012 4.440 109.897 5.324
202103 4.514 111.754 5.323
202106 4.484 114.631 5.155
202109 4.608 115.734 5.247
202112 4.705 117.630 5.271
202203 4.826 121.301 5.243
202206 4.681 125.017 4.934
202209 4.778 125.227 5.028
202212 4.817 125.222 5.069
202303 4.943 127.348 5.115
202306 4.864 128.729 4.979
202309 4.956 129.860 5.029
202312 5.051 129.419 5.143
202403 5.086 131.776 5.086

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


Siam Steel Service Center PCL  (BKK:SSSC) 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.

Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.78/5.28
=0.53

* 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 Siam Steel Service Center PCL was 0.96. The lowest was 0.44. And the median was 0.59.


Be Aware

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


Siam Steel Service Center PCL Cyclically Adjusted Book per Share Related Terms

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


Siam Steel Service Center PCL (BKK:SSSC) Business Description

Traded in Other Exchanges
N/A
Address
51/3 Moo 2 Poochao - Samingprai Road, Tumbon Bangyaprak, Amphur Phrapradeang, Samutprakarn, THA, 10130
Siam Steel Service Center PCL is a Thailand based company engaged in the manufacturing business of accessories made from steel, installing metal roofing and wall panels, and steel cutting services. It has a business presence in Thailand, Vietnam, Cambodia, Myanmar and Malaysia, of which a majority of revenue is derived from Thailand.

Siam Steel Service Center PCL (BKK:SSSC) Headlines

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