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Asphere Innovations PCL (BKK:AS-F) Cyclically Adjusted Book per Share : ฿0.42 (As of Mar. 2024)


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What is Asphere Innovations 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.

Asphere Innovations PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.852. 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 ฿0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asphere Innovations PCL's average Cyclically Adjusted Book Growth Rate was -13.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.40% 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 Asphere Innovations PCL was -10.90% per year. The lowest was -11.50% per year. And the median was -11.30% per year.

As of today (2024-06-08), Asphere Innovations PCL's current stock price is ฿2.28. Asphere Innovations PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.42. Asphere Innovations PCL's Cyclically Adjusted PB Ratio of today is 5.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asphere Innovations PCL was 16.07. The lowest was 0.29. And the median was 4.01.


Asphere Innovations PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asphere Innovations 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.

Asphere Innovations PCL Cyclically Adjusted Book per Share Chart

Asphere Innovations 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 3.94 0.73 0.17 0.20 0.39

Asphere Innovations 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 0.25 0.27 0.35 0.39 0.42

Competitive Comparison of Asphere Innovations PCL's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Asphere Innovations 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.


Asphere Innovations PCL's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asphere Innovations PCL's Cyclically Adjusted PB Ratio falls into.



Asphere Innovations 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, Asphere Innovations 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)
=1.852/131.7762*131.7762
=1.852

Current CPI (Mar. 2024) = 131.7762.

Asphere Innovations PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.889 100.560 3.786
201409 2.647 100.428 3.473
201412 1.959 99.070 2.606
201503 1.915 99.621 2.533
201506 1.810 100.684 2.369
201509 1.514 100.392 1.987
201512 0.628 99.792 0.829
201603 0.519 100.470 0.681
201606 0.375 101.688 0.486
201609 0.213 101.861 0.276
201612 0.274 101.863 0.354
201703 0.298 102.862 0.382
201706 0.249 103.349 0.317
201709 0.262 104.136 0.332
201712 0.317 104.011 0.402
201803 0.317 105.290 0.397
201806 0.269 106.317 0.333
201809 0.242 106.507 0.299
201812 0.306 105.998 0.380
201903 0.139 107.251 0.171
201906 0.189 108.070 0.230
201909 0.278 108.329 0.338
201912 0.309 108.420 0.376
202003 0.362 108.902 0.438
202006 0.642 108.767 0.778
202009 0.907 109.815 1.088
202012 1.070 109.897 1.283
202103 1.327 111.754 1.565
202106 1.348 114.631 1.550
202109 1.281 115.734 1.459
202112 1.741 117.630 1.950
202203 1.954 121.301 2.123
202206 1.892 125.017 1.994
202209 1.761 125.227 1.853
202212 1.901 125.222 2.001
202303 1.995 127.348 2.064
202306 1.728 128.729 1.769
202309 1.815 129.860 1.842
202312 1.850 129.419 1.884
202403 1.852 131.776 1.852

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


Asphere Innovations PCL  (BKK:AS-F) 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.

Asphere Innovations PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.28/0.42
=5.43

* 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 Asphere Innovations PCL was 16.07. The lowest was 0.29. And the median was 4.01.


Be Aware

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


Asphere Innovations PCL Cyclically Adjusted Book per Share Related Terms

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


Asphere Innovations PCL (BKK:AS-F) Business Description

Traded in Other Exchanges
Address
Rama 9 Road, 51 Major Tower Rama 9 - Ramkhamhaeng 18th Floor, Room No. 3-8, Hua Mak, Bangkapi, Bangkok, THA, 10240
Asphere Innovations PCL is engaged in providing online game services. It operates in two segments: Online game segment, which provides online game services through the internet that perform based on the agreement of the publisher with the game developer; and The distribution segment is a business that provides payment channel services. Nearly all of its revenue comes from the Online game segment. Some of the games offered by the company include Audition Online, Crossout, Elsword, Mission Against Terror 2, Mosiang Online, Perfect World, RF Online, Wulin Online, HuangYi Mobile, Real Yulgang Mobile, and Tales of Fairy Empire. Its geographical segments include Thailand, Singapore, Malaysia, the Philippines, and other countries.

Asphere Innovations PCL (BKK:AS-F) Headlines

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