GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Airports Of Thailand PLC (OTCPK:AIPUF) » Definitions » Cyclically Adjusted Book per Share

AIPUF (Airports Of Thailand) Cyclically Adjusted Book per Share : $0.41 (As of Mar. 2025)


View and export this data going back to 2006. Start your Free Trial

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 Mar. 2025 was $0.255. 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 $0.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Airports Of Thailand's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 4.70% per year. And the median was 7.20% per year.

As of today (2025-05-20), Airports Of Thailand's current stock price is $1.31216. Airports Of Thailand's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.41. Airports Of Thailand's Cyclically Adjusted PB Ratio of today is 3.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Airports Of Thailand was 10.47. The lowest was 3.32. And the median was 7.28.


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 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.38 0.26 0.27 0.31

Airports Of Thailand Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.26 0.29 0.31 0.35 0.41

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 Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.255/134.9266*134.9266
=0.255

Current CPI (Mar. 2025) = 134.9266.

Airports Of Thailand Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.213 100.684 0.285
201509 0.209 100.392 0.281
201512 0.220 99.792 0.297
201603 0.222 100.470 0.298
201606 0.232 101.688 0.308
201609 0.242 101.861 0.321
201612 0.247 101.863 0.327
201703 0.245 102.862 0.321
201706 0.262 103.349 0.342
201709 0.278 104.136 0.360
201712 0.295 104.011 0.383
201803 0.296 105.290 0.379
201806 0.299 106.317 0.379
201809 0.309 106.507 0.391
201812 0.322 105.998 0.410
201903 0.315 107.251 0.396
201906 0.335 108.070 0.418
201909 0.353 108.329 0.440
201912 0.374 108.420 0.465
202003 0.326 108.902 0.404
202006 0.330 108.767 0.409
202009 0.317 109.815 0.389
202012 0.298 109.897 0.366
202103 0.276 111.754 0.333
202106 0.262 114.631 0.308
202109 0.238 115.734 0.277
202112 0.225 117.630 0.258
202203 0.221 121.301 0.246
202206 0.206 125.017 0.222
202209 0.191 125.227 0.206
202212 0.205 125.222 0.221
202303 0.210 127.348 0.222
202306 0.214 128.729 0.224
202309 0.215 129.860 0.223
202312 0.230 129.419 0.240
202403 0.225 131.776 0.230
202406 0.229 132.554 0.233
202409 0.262 133.029 0.266
202412 0.265 133.157 0.269
202503 0.255 134.927 0.255

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
=1.31216/0.41
=3.20

* 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 3.32. And the median was 7.28.


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 Business Description

Address
No. 333, Cherdwutagard Road, Sikan, 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. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.

Airports Of Thailand Headlines

No Headlines