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BTS Group Holdings (BTS Group Holdings) Cyclically Adjusted Book per Share : $18.06 (As of Mar. 2024)


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What is BTS Group Holdings 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.

BTS Group Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $9.832. 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 $18.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BTS Group Holdings's average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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 BTS Group Holdings was 7.50% per year. The lowest was 0.50% per year. And the median was 3.85% per year.

As of today (2024-06-10), BTS Group Holdings's current stock price is $20.915. BTS Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $18.06. BTS Group Holdings's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BTS Group Holdings was 3.00. The lowest was 1.01. And the median was 2.01.


BTS Group Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for BTS Group Holdings'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.

BTS Group Holdings Cyclically Adjusted Book per Share Chart

BTS Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.82 15.56 15.65 16.55 18.06

BTS Group Holdings 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 16.55 15.74 13.86 14.05 18.06

Competitive Comparison of BTS Group Holdings's Cyclically Adjusted Book per Share

For the Railroads subindustry, BTS Group Holdings'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.


BTS Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BTS Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BTS Group Holdings 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, BTS Group Holdings'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)
=9.832/131.7762*131.7762
=9.832

Current CPI (Mar. 2024) = 131.7762.

BTS Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.825 100.560 19.427
201409 14.395 100.428 18.888
201412 14.131 99.070 18.796
201503 13.151 99.621 17.396
201506 13.227 100.684 17.312
201509 11.439 100.392 15.015
201512 11.419 99.792 15.079
201603 10.908 100.470 14.307
201606 11.106 101.688 14.392
201609 10.663 101.861 13.795
201612 10.412 101.863 13.470
201703 10.208 102.862 13.077
201706 10.579 103.349 13.489
201709 10.506 104.136 13.295
201712 10.663 104.011 13.509
201803 10.968 105.290 13.727
201806 10.564 106.317 13.094
201809 10.225 106.507 12.651
201812 10.375 105.998 12.898
201903 10.307 107.251 12.664
201906 13.643 108.070 16.636
201909 13.161 108.329 16.010
201912 14.328 108.420 17.415
202003 13.009 108.902 15.742
202006 12.518 108.767 15.166
202009 12.368 109.815 14.841
202012 14.659 109.897 17.577
202103 14.844 111.754 17.503
202106 14.620 114.631 16.807
202109 13.695 115.734 15.593
202112 14.040 117.630 15.729
202203 13.766 121.301 14.955
202206 13.640 125.017 14.377
202209 12.546 125.227 13.202
202212 13.437 125.222 14.140
202303 12.356 127.348 12.786
202306 11.803 128.729 12.082
202309 11.310 129.860 11.477
202312 10.191 129.419 10.377
202403 9.832 131.776 9.832

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


BTS Group Holdings  (OTCPK:BTSGY) 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.

BTS Group Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.915/18.06
=1.16

* 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 BTS Group Holdings was 3.00. The lowest was 1.01. And the median was 2.01.


Be Aware

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


BTS Group Holdings Cyclically Adjusted Book per Share Related Terms

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


BTS Group Holdings (BTS Group Holdings) Business Description

Traded in Other Exchanges
Address
21 Soi Choei Phuang, Viphavadi-Rangsit Road, 15th Floor, TST Tower, Jompol, Jatujak, Bangkok, THA, 10900
BTS Group Holdings PLC is a transport and media company domiciled in Thailand. The company's segments include Move; Mix and Match. It generates maximum revenue from the Move segment. Move segment accounts for the provision of mass transportation services for rail and other. The revenue and cost consist of the electric rail's operating and maintenance service, electric rail's installation and construction services, train procurement services and other related services as well as the provision of the bus rapid transit.

BTS Group Holdings (BTS Group Holdings) Headlines