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Airports Of Thailand (Airports Of Thailand) Cyclically Adjusted Book per Share : $0.28 (As of Dec. 2023)


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What is Airports Of Thailand 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.

Airports Of Thailand's adjusted book value per share for the three months ended in Dec. 2023 was $0.230. 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 $0.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Airports Of Thailand's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Airports Of Thailand was 8.00% per year. The lowest was 6.70% per year. And the median was 7.20% per year.

As of today (2024-04-28), Airports Of Thailand's current stock price is $1.64. Airports Of Thailand's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.28. Airports Of Thailand's Cyclically Adjusted PB Ratio of today is 5.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Airports Of Thailand was 10.47. The lowest was 5.76. And the median was 7.43.


Airports Of Thailand Cyclically Adjusted Book per Share Historical Data

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Cyclically Adjusted Book per Share Chart

Airports Of Thailand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.38 0.38 0.26 0.27

Airports Of Thailand Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.27 0.26 0.27 0.28

Competitive Comparison of Airports Of Thailand's Cyclically Adjusted Book per Share

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Cyclically Adjusted PB Ratio falls into.



Airports Of Thailand 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, Airports Of Thailand's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.23/129.4194*129.4194
=0.230

Current CPI (Dec. 2023) = 129.4194.

Airports Of Thailand Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.200 99.695 0.260
201406 0.205 100.560 0.264
201409 0.211 100.428 0.272
201412 0.215 99.070 0.281
201503 0.216 99.621 0.281
201506 0.213 100.684 0.274
201509 0.209 100.392 0.269
201512 0.220 99.792 0.285
201603 0.222 100.470 0.286
201606 0.232 101.688 0.295
201609 0.242 101.861 0.307
201612 0.247 101.863 0.314
201703 0.245 102.862 0.308
201706 0.262 103.349 0.328
201709 0.278 104.136 0.345
201712 0.295 104.011 0.367
201803 0.296 105.290 0.364
201806 0.299 106.317 0.364
201809 0.309 106.507 0.375
201812 0.322 105.998 0.393
201903 0.315 107.251 0.380
201906 0.335 108.070 0.401
201909 0.353 108.329 0.422
201912 0.374 108.420 0.446
202003 0.326 108.902 0.387
202006 0.330 108.767 0.393
202009 0.317 109.815 0.374
202012 0.298 109.897 0.351
202103 0.276 111.754 0.320
202106 0.262 114.631 0.296
202109 0.238 115.734 0.266
202112 0.225 117.630 0.248
202203 0.221 121.301 0.236
202206 0.206 125.017 0.213
202209 0.191 125.227 0.197
202212 0.205 125.222 0.212
202303 0.210 127.348 0.213
202306 0.214 128.729 0.215
202309 0.215 129.860 0.214
202312 0.230 129.419 0.230

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


Airports Of Thailand  (OTCPK:AIPUF) 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.

Airports Of Thailand's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.64/0.28
=5.86

* 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 Airports Of Thailand was 10.47. The lowest was 5.76. And the median was 7.43.


Be Aware

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


Airports Of Thailand Cyclically Adjusted Book per Share Related Terms

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


Airports Of Thailand (Airports Of Thailand) Business Description

Address
No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

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