GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allianz Ayudhya Capital PLC (BKK:AYUD-F) » Definitions » Cyclically Adjusted Book per Share

Allianz Ayudhya Capital (BKK:AYUD-F) Cyclically Adjusted Book per Share : ฿19.42 (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Allianz Ayudhya Capital 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.

Allianz Ayudhya Capital's adjusted book value per share for the three months ended in Mar. 2024 was ฿34.752. 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 ฿19.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Allianz Ayudhya Capital's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Allianz Ayudhya Capital was 9.60% per year. The lowest was 6.50% per year. And the median was 9.05% per year.

As of today (2024-06-19), Allianz Ayudhya Capital's current stock price is ฿17.60. Allianz Ayudhya Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿19.42. Allianz Ayudhya Capital's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allianz Ayudhya Capital was 2.12. The lowest was 0.84. And the median was 1.16.


Allianz Ayudhya Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Allianz Ayudhya Capital'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.

Allianz Ayudhya Capital Cyclically Adjusted Book per Share Chart

Allianz Ayudhya Capital 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 16.43 20.46 19.42 20.21 20.84

Allianz Ayudhya Capital 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 16.80 18.54 18.49 20.84 19.42

Competitive Comparison of Allianz Ayudhya Capital's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Allianz Ayudhya Capital'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.


Allianz Ayudhya Capital's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allianz Ayudhya Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Allianz Ayudhya Capital's Cyclically Adjusted PB Ratio falls into.



Allianz Ayudhya Capital 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, Allianz Ayudhya Capital'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)
=34.752/131.7762*131.7762
=34.752

Current CPI (Mar. 2024) = 131.7762.

Allianz Ayudhya Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.092 100.560 27.640
201409 25.470 100.428 33.420
201412 27.107 99.070 36.056
201503 28.222 99.621 37.331
201506 26.698 100.684 34.943
201509 26.667 100.392 35.004
201512 28.119 99.792 37.131
201603 33.672 100.470 44.164
201606 32.484 101.688 42.096
201609 31.938 101.861 41.318
201612 28.169 101.863 36.441
201703 28.673 102.862 36.733
201706 28.954 103.349 36.918
201709 30.427 104.136 38.503
201712 30.776 104.011 38.991
201803 30.333 105.290 37.964
201806 30.406 106.317 37.687
201809 30.688 106.507 37.969
201812 31.267 105.998 38.871
201903 33.301 107.251 40.916
201906 41.841 108.070 51.019
201909 48.197 108.329 58.629
201912 46.096 108.420 56.026
202003 42.548 108.902 51.485
202006 45.131 108.767 54.678
202009 44.105 109.815 52.925
202012 46.398 109.897 55.635
202103 41.227 111.754 48.613
202106 43.393 114.631 49.883
202109 42.634 115.734 48.543
202112 42.192 117.630 47.266
202203 38.457 121.301 41.778
202206 31.493 125.017 33.196
202209 25.578 125.227 26.916
202212 30.466 125.222 32.061
202303 33.357 127.348 34.517
202306 32.078 128.729 32.837
202309 27.864 129.860 28.275
202312 32.431 129.419 33.022
202403 34.752 131.776 34.752

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


Allianz Ayudhya Capital  (BKK:AYUD-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.

Allianz Ayudhya Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.60/19.42
=0.91

* 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 Allianz Ayudhya Capital was 2.12. The lowest was 0.84. And the median was 1.16.


Be Aware

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


Allianz Ayudhya Capital Cyclically Adjusted Book per Share Related Terms

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


Allianz Ayudhya Capital (BKK:AYUD-F) Business Description

Traded in Other Exchanges
Address
898 Ploenchit Road, Ploenchit Tower, 7th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Allianz Ayudhya Capital PLC is an investment holding company. The company is engaged in providing individual insurance such as motor insurance, personal accidents insurance, travel accidents insurance, fire insurance, cancer insurance and others. It is involved in non-life insurance business covering for loss or damage of insured properties, such as constructions, commercial and residential buildings, factories, and merchandise, marine and transportation insurance. The company is operating in three principal business segments Non-life insurance business, Service business and Investment business, which are only organized and managed in a single geographic area, namely in Thailand.

Allianz Ayudhya Capital (BKK:AYUD-F) Headlines

No Headlines