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Thai Rubber Latex Group PCL (BKK:TRUBB) Cyclically Adjusted Book per Share : ฿3.41 (As of Mar. 2024)


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What is Thai Rubber Latex 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.

Thai Rubber Latex Group PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿3.643. 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 ฿3.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thai Rubber Latex Group PCL's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% 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 Thai Rubber Latex Group PCL was 10.70% per year. The lowest was 6.90% per year. And the median was 9.30% per year.

As of today (2024-05-28), Thai Rubber Latex Group PCL's current stock price is ฿1.29. Thai Rubber Latex Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.41. Thai Rubber Latex Group PCL's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thai Rubber Latex Group PCL was 1.31. The lowest was 0.16. And the median was 0.65.


Thai Rubber Latex Group PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thai Rubber Latex 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.

Thai Rubber Latex Group PCL Cyclically Adjusted Book per Share Chart

Thai Rubber Latex 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 2.36 2.45 2.74 3.08 3.32

Thai Rubber Latex 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 3.17 3.24 3.31 3.32 3.41

Competitive Comparison of Thai Rubber Latex Group PCL's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Thai Rubber Latex 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.


Thai Rubber Latex Group PCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Rubber Latex Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thai Rubber Latex 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, Thai Rubber Latex 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)
=3.643/131.7762*131.7762
=3.643

Current CPI (Mar. 2024) = 131.7762.

Thai Rubber Latex Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.812 100.560 2.374
201409 1.658 100.428 2.176
201412 2.245 99.070 2.986
201503 2.257 99.621 2.986
201506 2.278 100.684 2.981
201509 2.226 100.392 2.922
201512 2.109 99.792 2.785
201603 2.114 100.470 2.773
201606 2.016 101.688 2.613
201609 1.927 101.861 2.493
201612 2.831 101.863 3.662
201703 2.975 102.862 3.811
201706 2.930 103.349 3.736
201709 2.960 104.136 3.746
201712 1.253 104.011 1.587
201803 1.303 105.290 1.631
201806 1.287 106.317 1.595
201809 1.264 106.507 1.564
201812 3.101 105.998 3.855
201903 2.971 107.251 3.650
201906 2.955 108.070 3.603
201909 2.851 108.329 3.468
201912 2.641 108.420 3.210
202003 2.746 108.902 3.323
202006 2.667 108.767 3.231
202009 2.629 109.815 3.155
202012 3.257 109.897 3.905
202103 3.532 111.754 4.165
202106 3.700 114.631 4.253
202109 3.769 115.734 4.291
202112 4.375 117.630 4.901
202203 4.537 121.301 4.929
202206 4.551 125.017 4.797
202209 4.420 125.227 4.651
202212 4.349 125.222 4.577
202303 4.260 127.348 4.408
202306 4.016 128.729 4.111
202309 3.886 129.860 3.943
202312 3.711 129.419 3.779
202403 3.643 131.776 3.643

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


Thai Rubber Latex Group PCL  (BKK:TRUBB) 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.

Thai Rubber Latex Group PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.29/3.41
=0.38

* 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 Thai Rubber Latex Group PCL was 1.31. The lowest was 0.16. And the median was 0.65.


Be Aware

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


Thai Rubber Latex Group PCL Cyclically Adjusted Book per Share Related Terms

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


Thai Rubber Latex Group PCL (BKK:TRUBB) Business Description

Traded in Other Exchanges
N/A
Address
Number 99/1-3 Moo 13, Bangna-Trad Road, K.M. 7, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Thai Rubber Latex Group PCL is a Thailand based company engaged in the comprehensive rubber businesses covering the whole value chain of rubber and latex products, which are the rubber plantation in Thailand, the producer of latex concentrate and latex rubber, latex rubber thread, latex foam mattress and rubber gloves. The company operates in Concentrated and pre-vulcanized latex; Latex products; and Rubber plantation segments. It has a geographic presence in Thailand, the PRC, the Republic of Korea and other countries of which key revenue is derived from Thailand.

Thai Rubber Latex Group PCL (BKK:TRUBB) Headlines

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