GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (OTCPK:KPCUF) » Definitions » Cyclically Adjusted Book per Share

Kasikornbank Public Co (Kasikornbank Public Co) Cyclically Adjusted Book per Share : $5.25 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Kasikornbank Public Co 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.

Kasikornbank Public Co's adjusted book value per share for the three months ended in Dec. 2023 was $6.422. 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 $5.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kasikornbank Public Co's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 Kasikornbank Public Co was 13.90% per year. The lowest was 12.00% per year. And the median was 13.50% per year.

As of today (2024-04-27), Kasikornbank Public Co's current stock price is $3.3613. Kasikornbank Public Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.25. Kasikornbank Public Co's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kasikornbank Public Co was 2.66. The lowest was 0.59. And the median was 1.08.


Kasikornbank Public Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted Book per Share Chart

Kasikornbank Public Co 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 3.68 3.26 3.18 5.11 5.25

Kasikornbank Public Co 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 5.11 6.17 5.01 5.27 5.25

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted PB Ratio falls into.



Kasikornbank Public Co 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, Kasikornbank Public Co'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)
=6.422/129.4194*129.4194
=6.422

Current CPI (Dec. 2023) = 129.4194.

Kasikornbank Public Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.991 99.695 3.883
201406 3.053 100.560 3.929
201409 3.229 100.428 4.161
201412 3.266 99.070 4.267
201503 3.451 99.621 4.483
201506 3.380 100.684 4.345
201509 3.259 100.392 4.201
201512 3.318 99.792 4.303
201603 3.438 100.470 4.429
201606 3.555 101.688 4.524
201609 3.738 101.861 4.749
201612 3.758 101.863 4.775
201703 3.985 102.862 5.014
201706 4.108 103.349 5.144
201709 4.318 104.136 5.366
201712 4.466 104.011 5.557
201803 4.821 105.290 5.926
201806 4.646 106.317 5.656
201809 4.752 106.507 5.774
201812 4.807 105.998 5.869
201903 5.160 107.251 6.227
201906 5.318 108.070 6.369
201909 5.484 108.329 6.552
201912 5.623 108.420 6.712
202003 5.349 108.902 6.357
202006 5.453 108.767 6.488
202009 5.499 109.815 6.481
202012 6.169 109.897 7.265
202103 6.195 111.754 7.174
202106 6.132 114.631 6.923
202109 5.921 115.734 6.621
202112 5.995 117.630 6.596
202203 6.198 121.301 6.613
202206 5.909 125.017 6.117
202209 5.696 125.227 5.887
202212 6.109 125.222 6.314
202303 6.275 127.348 6.377
202306 6.243 128.729 6.276
202309 6.177 129.860 6.156
202312 6.422 129.419 6.422

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


Kasikornbank Public Co  (OTCPK:KPCUF) 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.

Kasikornbank Public Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.3613/5.25
=0.64

* 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 Kasikornbank Public Co was 2.66. The lowest was 0.59. And the median was 1.08.


Be Aware

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


Kasikornbank Public Co Cyclically Adjusted Book per Share Related Terms

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


Kasikornbank Public Co (Kasikornbank Public Co) Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (Kasikornbank Public Co) Headlines

From GuruFocus

Ken Fisher for Forbes - 'Bet On The Bulls, Not The Sheep'

By Holly LaFon Holly LaFon 07-06-2015

Brandes Funds Comments on Kasikornbank

By Holly LaFon Holly LaFon 08-24-2016