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PTT Exploration & Production PCL (STU:PTTG) Cyclically Adjusted Book per Share : €2.94 (As of Mar. 2024)


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What is PTT Exploration & Production 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.

PTT Exploration & Production PCL's adjusted book value per share for the three months ended in Mar. 2024 was €3.556. 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 €2.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PTT Exploration & Production PCL's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 PTT Exploration & Production PCL was 8.20% per year. The lowest was 6.20% per year. And the median was 7.15% per year.

As of today (2024-05-29), PTT Exploration & Production PCL's current stock price is €3.78. PTT Exploration & Production PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.94. PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PTT Exploration & Production PCL was 1.81. The lowest was 0.69. And the median was 1.32.


PTT Exploration & Production PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for PTT Exploration & Production 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.

PTT Exploration & Production PCL Cyclically Adjusted Book per Share Chart

PTT Exploration & Production 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 2.85 2.49 2.73 3.10 3.08

PTT Exploration & Production 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 3.08 2.98 3.07 3.08 2.94

Competitive Comparison of PTT Exploration & Production PCL's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, PTT Exploration & Production 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.


PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio falls into.



PTT Exploration & Production 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, PTT Exploration & Production 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)
=3.556/131.7762*131.7762
=3.556

Current CPI (Mar. 2024) = 131.7762.

PTT Exploration & Production PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.454 100.560 3.216
201409 2.617 100.428 3.434
201412 2.569 99.070 3.417
201503 2.925 99.621 3.869
201506 2.841 100.684 3.718
201509 2.539 100.392 3.333
201512 2.626 99.792 3.468
201603 2.555 100.470 3.351
201606 2.532 101.688 3.281
201609 2.562 101.861 3.314
201612 2.723 101.863 3.523
201703 2.664 102.862 3.413
201706 2.613 103.349 3.332
201709 2.390 104.136 3.024
201712 2.453 104.011 3.108
201803 2.435 105.290 3.048
201806 2.571 106.317 3.187
201809 2.529 106.507 3.129
201812 2.637 105.998 3.278
201903 2.680 107.251 3.293
201906 2.622 108.070 3.197
201909 2.739 108.329 3.332
201912 2.681 108.420 3.259
202003 2.683 108.902 3.247
202006 2.240 108.767 2.714
202009 2.525 109.815 3.030
202012 2.440 109.897 2.926
202103 2.616 111.754 3.085
202106 2.562 114.631 2.945
202109 2.648 115.734 3.015
202112 2.759 117.630 3.091
202203 2.841 121.301 3.086
202206 3.088 125.017 3.255
202209 3.398 125.227 3.576
202212 3.195 125.222 3.362
202303 3.278 127.348 3.392
202306 3.336 128.729 3.415
202309 3.388 129.860 3.438
202312 3.297 129.419 3.357
202403 3.556 131.776 3.556

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


PTT Exploration & Production PCL  (STU:PTTG) 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.

PTT Exploration & Production PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.78/2.94
=1.29

* 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 PTT Exploration & Production PCL was 1.81. The lowest was 0.69. And the median was 1.32.


Be Aware

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


PTT Exploration & Production PCL Cyclically Adjusted Book per Share Related Terms

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


PTT Exploration & Production PCL (STU:PTTG) Business Description

Industry
Address
Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 6th and 19th –36th Floor, Chatuchak, Bangkok, THA, 10900
PTT Exploration & Production PCL operates oil and gas production, development, and exploration projects globally. Projects are composed of both onshore and offshore operations and are sometimes underpinned by partnerships with other producers. Traditionally, natural gas has been the leading revenue generator for the group, however, sales have also been generated from crude oil, liquefied petroleum gas, condensate and bitumen. Alongside exploration and production activities, the company also engages in technology services, property leasing, gas transmission, and other businesses through subsidiaries.

PTT Exploration & Production PCL (STU:PTTG) Headlines

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