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Birla Carbon (Thailand) PCL (BKK:BCT-F) Cyclically Adjusted Book per Share : ฿34.87 (As of Dec. 2023)


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What is Birla Carbon (Thailand) 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.

Birla Carbon (Thailand) PCL's adjusted book value per share for the three months ended in Dec. 2023 was ฿104.032. 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 ฿34.87 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Birla Carbon (Thailand) PCL's average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 Birla Carbon (Thailand) PCL was 13.10% per year. The lowest was 8.90% per year. And the median was 11.10% per year.

As of today (2024-05-20), Birla Carbon (Thailand) PCL's current stock price is ฿27.25. Birla Carbon (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿34.87. Birla Carbon (Thailand) PCL's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Birla Carbon (Thailand) PCL was 1.70. The lowest was 0.76. And the median was 0.92.


Birla Carbon (Thailand) PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Birla Carbon (Thailand) 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.

Birla Carbon (Thailand) PCL Cyclically Adjusted Book per Share Chart

Birla Carbon (Thailand) PCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.40 31.89 29.94 32.61 30.19

Birla Carbon (Thailand) PCL 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 29.13 30.19 34.11 32.58 34.87

Competitive Comparison of Birla Carbon (Thailand) PCL's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Birla Carbon (Thailand) 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.


Birla Carbon (Thailand) PCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Birla Carbon (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Birla Carbon (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.



Birla Carbon (Thailand) 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, Birla Carbon (Thailand) PCL'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)
=104.032/129.4194*129.4194
=104.032

Current CPI (Dec. 2023) = 129.4194.

Birla Carbon (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 37.978 99.695 49.302
201406 39.114 100.560 50.339
201409 39.000 100.428 50.259
201412 38.566 99.070 50.381
201503 38.273 99.621 49.721
201506 39.451 100.684 50.710
201509 38.357 100.392 49.448
201512 39.187 99.792 50.821
201603 40.605 100.470 52.305
201606 42.055 101.688 53.524
201609 42.867 101.861 54.465
201612 43.722 101.863 55.550
201703 47.844 102.862 60.196
201706 50.217 103.349 62.884
201709 51.525 104.136 64.035
201712 53.432 104.011 66.485
201803 54.461 105.290 66.942
201806 57.930 106.317 70.518
201809 57.992 106.507 70.468
201812 59.803 105.998 73.017
201903 61.228 107.251 73.884
201906 61.817 108.070 74.029
201909 61.946 108.329 74.006
201912 62.838 108.420 75.009
202003 66.962 108.902 79.578
202006 64.061 108.767 76.225
202009 65.517 109.815 77.213
202012 65.777 109.897 77.462
202103 69.363 111.754 80.327
202106 73.014 114.631 82.433
202109 77.201 115.734 86.330
202112 79.173 117.630 87.108
202203 83.410 121.301 88.992
202206 88.578 125.017 91.697
202209 93.347 125.227 96.472
202212 90.397 125.222 93.427
202303 93.786 127.348 95.312
202306 98.949 128.729 99.480
202309 102.441 129.860 102.094
202312 104.032 129.419 104.032

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


Birla Carbon (Thailand) PCL  (BKK:BCT-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.

Birla Carbon (Thailand) PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.25/34.87
=0.78

* 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 Birla Carbon (Thailand) PCL was 1.70. The lowest was 0.76. And the median was 0.92.


Be Aware

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


Birla Carbon (Thailand) PCL Cyclically Adjusted Book per Share Related Terms

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


Birla Carbon (Thailand) PCL (BKK:BCT-F) Business Description

Traded in Other Exchanges
Address
Ploenchit Road, 888/122, 888/128 Mahatun Plaza Building, 16th Floor, Lumpini, Patumwan, Bangkok, THA, 10330
Birla Carbon (Thailand) PCL through its subsidiaries operates as a manufacturer and supplier of carbon black additives for distribution to international markets. Carbon black is the flagship business of the Aditya Birla Group. Its product offering categories include Rubber Products, Rubber - Birla Carbon 3000 Series, Specialty Products, Specialty Post-Treated Products, and Form Letters. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan, Indonesia, Vietnam, Malaysia, and Other countries. The company serves Tires, Specialty Blacks and Mechanical Rubber Goods market.

Birla Carbon (Thailand) PCL (BKK:BCT-F) Headlines

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