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ASEFA PCL (BKK:ASEFA) Cyclically Adjusted Book per Share : ฿3.37 (As of Mar. 2025)


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What is ASEFA 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.

ASEFA PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿3.689. 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 ฿3.37 for the trailing ten years ended in Mar. 2025.

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.

As of today (2025-06-28), ASEFA PCL's current stock price is ฿3.28. ASEFA PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿3.37. ASEFA PCL's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of ASEFA PCL was 1.10. The lowest was 0.86. And the median was 0.98.


ASEFA PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for ASEFA 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.

ASEFA PCL Cyclically Adjusted Book per Share Chart

ASEFA PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.32

ASEFA PCL 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 - 3.24 3.26 3.32 3.37

Competitive Comparison of ASEFA PCL's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, ASEFA 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.


ASEFA PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ASEFA PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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ASEFA 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, ASEFA PCL'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)
=3.689/134.9266*134.9266
=3.689

Current CPI (Mar. 2025) = 134.9266.

ASEFA PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.684 0.000
201509 2.162 100.392 2.906
201512 2.285 99.792 3.089
201603 2.394 100.470 3.215
201606 2.306 101.688 3.060
201609 2.444 101.861 3.237
201612 2.603 101.863 3.448
201703 2.701 102.862 3.543
201706 2.506 103.349 3.272
201709 2.630 104.136 3.408
201712 2.741 104.011 3.556
201803 2.839 105.290 3.638
201806 2.609 106.317 3.311
201809 2.764 106.507 3.502
201812 2.935 105.998 3.736
201903 3.026 107.251 3.807
201906 2.764 108.070 3.451
201909 2.815 108.329 3.506
201912 2.860 108.420 3.559
202003 2.735 108.902 3.389
202006 2.815 108.767 3.492
202009 2.878 109.815 3.536
202012 3.046 109.897 3.740
202103 3.113 111.754 3.758
202106 2.852 114.631 3.357
202109 2.930 115.734 3.416
202112 3.000 117.630 3.441
202203 3.016 121.301 3.355
202206 2.869 125.017 3.096
202209 2.889 125.227 3.113
202212 2.952 125.222 3.181
202303 3.011 127.348 3.190
202306 2.883 128.729 3.022
202309 2.934 129.860 3.048
202312 3.011 129.419 3.139
202403 3.055 131.776 3.128
202406 2.834 132.554 2.885
202409 3.512 133.029 3.562
202412 3.597 133.157 3.645
202503 3.689 134.927 3.689

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


ASEFA PCL  (BKK:ASEFA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.28/3.37
=0.97

* 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 11 years, the highest Cyclically Adjusted PB Ratio of ASEFA PCL was 1.10. The lowest was 0.86. And the median was 0.98.


Be Aware

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


ASEFA PCL Cyclically Adjusted Book per Share Related Terms

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


ASEFA PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.5 Moo 1 Rama 2 Road, Khokkrabue Subdistrict, Muang Samut Sakhon District, Samutsakhon, THA, 74000
ASEFA PCL is a Thailand-based company. It is involved in the manufacturing and distribution of electrical power distribution, switchboard and trunking systems including procuring, distributing and integrated engineering services for electrical power distribution. The company operates its business through segments that are Manufacturing, Trading, Services and maintenance and installation and Decommissioning of the Power Plant. The Manufacturing segment generates maximum revenue for the company.

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